Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, has secured a time-charter contract for its Maintenance and Construction/Accommodation support vessel, Seasafe Supporter, f
TGS has commenced expansion of a 2D multi-client survey covering 3,000 km in Northeast Greenland in partnership with Fugro. The survey, NEG12, will enable customers to prepare for the announced Greenland Licensing Round in 2012/2013 and will be a significant addition to a data set that TGS and Fugro
Subsea 7 S.A. has been awarded an EPIC SURF contract valued at approximately $600 million from Chevron for the development of the Lianzi field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. The technical specifications include a 12” wet insulated produ
Handal Resources Berhad has announced that its subsidiary Handal Offshore Services Sdn Bhd on 7 August 2012 received a Letter of Award from Carigali Hess to provide long-term crane services. The contract effective date is 13 August 2012 for a duration of three (3) years at approximate value of RM11
IEV Malaysia Sdn Bhd, an associate of IEV Group Sdn Bhd in association with FoundOcean Limited has successfully completed the grouting operations for the installation of jackets under a subcontract with TLO for Petrofac in Cendor Field. The scope of work consists of pile sleeve grouting for two (2)
MSI has recently completed a 7 month project for Heerema Marine Contractors Australia Pty Ltd (HMC), in connection with Woodside Energy Ltd’s North Rankin (NRB) development located 135km, north-west of Karratha, offshore Australia. Intital involvement of MSI involved the provision of personnel to op
Scheldepoort Repair & Conversion Yard has been awarded a contract to convert the jack-up drill rig ‘Shelf Explorer’ into offshore hotel accommodation. The accommodation unit will then be known as ‘Atlantic Amsterdam’, owned by Atlantic Amsterdam Pte. Ltd. in Singapore, a subsidiary of Ezion Holdings
Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, today reported that the Group’s revenue increased 12.7% to US$61.3 million for the three months ended June 30, 2012 (“2Q2012”) as compared to US$54.4 million in the previous corresponding period (“2Q2011”). Net profit wa
Subsea UK will showcase the expertise available within the British subsea industry with its largest ever delegation of member companies at the Latin American energy exhibition, Rio Oil and Gas (September, 17 to 20). The membership organisation’s pavilion at the Rio-based conference will feature nine
3D Oil Limited has entered into a conditional Farm-in Agreement and Subscription Agreement with Hibiscus Petroleum Berhad. Under the Farm-in Agreement, Hibiscus Petroleum will acquire a 50.1% interest in petroleum exploration permit VIC/P57 up front, and will invest up to A$27m in tranches to fund j
FoundOcean has completed foundation grouting for three new platforms in the North Sea. The contracts were awarded by Heerema Marine Contractors (HMC). All three jackets were designed using pile-to-sleeve connections and fabricated with grout line connections above the waterline. The first project wa
Bergen Group Rosenberg AS has been awarded a Letter Of Intent (LOI) from Statoil for an onshore modification project on the Njord Bravo-FSU vessel. The contract value is estimated to NOK 212 million (USD 35 million)exclusive of options, and includes FEED study activities and EPCIc (Engineering, Proc
Odebrecht Oil and Gas (OOG) in late July promoted a christening m ceremony in Singapore for the Cidade de Itajaí FPSO (Floating Production Storage and Offloading), the company’s first floating oil production unit. The ceremony marked the start of OOG’s operations in the market of chartering and the
Milestone Aviation Group, the global leader in helicopter leasing, announced today that it has signed a contract to purchase nineteen additional Sikorsky S-92® helicopters. These aircraft are in addition to the three S-92 aircraft Milestone purchased from Sikorsky in February 2012. The first two air
