IOS InterMoor AS, an Acteon company, has signed a framework agreement with ExxonMobil Exploration & Production Norway AS to provide engineering services and equipment offshore Norway. The contract will run for five years with the option of three one-year extensions. The contract work scope includes
SILK Holdings Bhd (“SILK”) announces that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd (“Jasa Merin”), has entered into two separate Memorandum of Agreement on 26 September 2012 to acquire two units of 120 Ton Bollard Pull DP2 Anchor Handling Tug Supply vessels, each from Muhibbah Engineering Berha
The partnership agreement between Cargotec and Dongnam Marine Crane Co Ltd (DMC) has now been expanded to cover the manufacture of MacGregor offshore cranes. Signed at the end of last year, the partnership agreement originally covered the manufacture of MacGregor cargo handling cranes for South Kore
Energy Minister Fergus Ewing invited applications for funding from a £10 million fund to support innovation in the Oil and Gas sector. Increasing investment in the Oil and Gas sector was a key component of the Scottish Government’s Oil and Gas strategy, developed in conjunction with industry and pub
Yesterday the sixth-generation semi-submersible drilling platform ISLAND INNOVATOR was successfully delivered by COSCO Shipyard Group. Built for Norwegian shipowners, the multifunctional platform, detailed design, production design, procurement of equipment, system installation and commissioning of
Aker Solutions has been selected as the management contractor for Brunei Shell Petroleum Co Sdn Bhd’s (BSP) offshore construction and maintenance services. The contract runs for five years and has an estimated value of over NOK 2.3 billion. As the management contractor Aker Solutions will be respons
Managing-Director of the National Iranian Offshore Oil Company (NIOOC) Mahmoud Zirakchianzadeh announces that his company is conducting negotiations over several deals worth 14 billion dollars. Zirakchianzadeh told Shana that the technical and financial aspects of the contracts had been finalized an
Voith has received a major order for the delivery of 60 variable-speed planetary gears type “Vorecon”. The “Vorecons” will enter service in off-shore production on the oil fields of the huge pre-salt cluster in the Atlantic approximately 300 km outside Rio de Janeiro. The operator is a consortium le
Chevron Corporation announced its subsidiary Chevron (SL) Ltd. has been awarded participation in two deepwater blocks located offshore Sierra Leone. “We are very pleased to have the opportunity to participate in the Republic of Sierra Leone’s deepwater exploration efforts,” said Chevron Vice Chairma
Last Thursday Vroon Offshore Services (VOS) have taken delivery of VOS Atlanta. This new addition to the VOS fleet was delivered from Fujian Southeast Shipyard in China. VOS Atlanta is a 59-metre “A class” anchor handling tug supply (AHTS) vessel and the second of three vessels being built at this y
Lloyd’s Register has established a world-class Group Technology Centre (GTC) in Singapore to deliver innovation and solutions to the energy and maritime sectors. It has also reached an agreement with the Agency for Science, Technology and Research (A*STAR) to collaborate on R&D projects as a key par
Compagnie Générale de Géophysique – Veritas (CGGVeritas) announced on 24 September 2012 that it had entered into an agreement with the Dutch group Fugro to acquire the businesses of its Geoscience division (excluding multi-clients library and OBN businesses) (the “Geoscience Division”) for a price o
A brand new session covering the importance of preparing for decommissioning projects has been added to the topical line up of issues to be discussed at the annual Offshore Decommissioning Conference, which is co-organised by Decom North Sea (DNS) and Oil & Gas UK. The session, entitled ‘Late Life O
Trap Oil Group plc the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces its results for the period ended 30 June 2012. Commenting on the results, Mark Groves Gidney, Chief Executive Officer of Trapoil, said, “Th
