ANSYS and FMC Technologies have executed a long-term strategic agreement for simulation software that can standardize design analysis and provide scalability for growth. The energy industry is under incredible pressure to increase efficiency, maximize recovery and decrease environmental impact. Furt
Halliburton has been recognized by the 2012 Offshore Technology Conference’s Spotlight on New Technologies program for its EquiFlow® autonomous inflow control device (AICD). The EquiFlow AICD addresses the problem of unwanted water or gas production and solves the inefficiency in current ICD designs
Norway’s DOF has signed a contract with Apache Energy Limited (Apache) for Skandi Atlantic for operations in Australia. The firm period of the contract is 900 days commencing in May 2012. The value of this 900 days contract is approximately NOK 225 million (approximately USD 40 million). Skandi Atla
GE Oil & Gas will supply ATP Oil & Gas (UK) Limited with subsea production equipment, ancillary systems and related services for ATP’s signature Cheviot oilfield project in the North Sea, under the terms of an $80 million contract. ATP is a unit of Houston, Texas-based ATP Oil & Gas Corporation (NAS
Global-leading energy production technology services company Proserv based in Aberdeen, is bolstering its rapidly-expanding subsea capabilities and specialist integrated services and increasing its workforce by more than 300 people. Proserv, which has operations globally, has agreed terms to assume
Edda Accommodation, a company controlled by Østensjø Rederi, has recently signed two new contracts for the accommodation vessel Edda Fides. Based on the experience with Edda Fides, the company is now building two new accommodation units. By entering into two new contracts, Edda Accommodation has sec
Mermaid Maritime Public Company Limited’s tender assist drilling rig ‘MTR-2’ has recently achieved 1000 (one thousand) consecutive days of no lost time accidents (NTLA). The ‘MTR-2’ is currently supporting Chevron’s drilling campaign in Indonesia through Mermaid’s operations base in Balikpapan. Her
CTC Marine Projects Ltd., Trico Offshore Ltd. and Deep Ocean AS, all subsidiaries of DeepOcean Group Holding AS, today announced that they are rebranding and changing name to DeepOcean. “The move is more than a name change,” says DeepOcean Group CEO Bart Heijermans. “We will operate as one company o
Idar Ulstein, that was CEO and Chairman of the board of ULSTEIN for many years, passed away Sunday night. He has played a huge role for the maritime industry and has been deeply involved in community development. Idar Ulstein entered the company first as a 14 year old in 1948, when his father died.
Eidesvik has entered into sales agreements of USD 64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas (built 2005). Both vessels are employed on contracts in Brazil. The deliveries of the vessels are expected to take place in the first half of May 2012. The company will
Tap Oil Limited yesterday announced the completion of the sale of its wholly owned subsidiary, Tap (Harriet) Pty Ltd, to a subsidiary of Apache Corporation (Apache). The sale was first announced to the ASX by Tap on 13 February 2012. Tap (Harriet) Pty Ltd holds a 12.2229% interest in the Harriet Joi
CSOFT International, Ltd., a leading provider of multilingual globalization services and language technology, announced today it will exhibit at The Offshore Technology Conference (OTC) from April 30 to May 3, 2012 in Houston, Texas. As the world’s leading tradeshow for offshore resources developmen
The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf (NCS) in November last year is now closed. The buyer was the UK based energy company and established NCS player Centrica and the consideration was USD 1.525 billion. An additional payment
GE Energy’s Power Conversion business today previewed its new insight management system, a decision-making aid and capital asset management product for the offshore industry at OTC in Houston, Texas. Offshore ships and platforms are complex environments where vast quantities of data exist and are di
