McDermott International, Inc. (McDermott) was recently awarded “Best Contractor HSE Performer, 2013” by Malaysian oil company Petronas Carigali for work performed on its Kepodang Gas Development Project. “Industry recognition is the best way to demonstrate the success of McDermott’s Health, Safety,
Babcock has successfully completed a contract to undertake a substantial refit on Bibby Offshore’s dive support vessel (DSV), Polaris, at its Rosyth dockyard. The project was Bibby’s largest ever refit package and underlines Babcock’s move to expand its role in the maintenance and refitting of compl
Pancontinental Oil and Gas NL (“Pancontinental”) announced that the Sunbird-1 well operated by BG Group (“Operator”), using the drillship Deepsea Metro-1, has reached a final depth of 2,850 metres below the drill floor. The water depth is 723 metres. The top of the Sunbird Miocene Pinnacle Reef was
Dalby Offshore Limited has secured a long term charter to supply one of its 21m crew transfer vessels (CTVs) to Siemens Energy Service. The 2013 built Dalby Trent will be working on the Lynn and Inner Dowsing wind farm, which is approximately 5km off the Lincolnshire coast, east of Skegness. Operati
Fastnet Oil & Gas’s partner and operator in the Foum Assaka area, offshore Morocco, Kosmos Energy Deepwater Morocco, has confirmed that the FA-1 well, located within the Foum Assaka area on the Eagle Prospect, spudded on March 16 2014. Fastnet holds its interest in the Foum Assaka licence area throu
South Stream Transport has contracted the Italian company Saipem for the construction of the South Stream Offshore Pipeline. Oleg Aksyutin, CEO of South Stream Transport B.V. and Stefano Bianchi, SVP of Saipem S.p.A signed the contracts in Amsterdam. The South Stream Offshore Pipeline will consist o
All foundations of the Nordsee Ost offshore wind farm have been successfully installed some 35 kilometers north of the island of Heligoland. A total of 48 jacket foundations were installed for the wind turbines and one for the substation in water up to 25 metres deep. Each of the foundations for the
McDermott International, Inc. announced that the Dive Support Vessel Thebaud Sea (“DSV”) was recently mobilized for an Emergency Pipeline Repair intervention offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast-tracked to carry out an emergency respon
N-Sea Offshore Ltd has appointed GAC Shipping UK as its ship agent for vessels supporting its operations for the oil & gas and renewable energy industries in the North Sea. Under the agreement, GAC will provide a package of support services for vessels chartered by N-Sea calling at UK ports. GAC’s o
Subsea engineering specialist, Ecosse Subsea Systems Ltd, (ESS) has posted a 72% increase in revenue and a £1 million profit in its latest published accounts. The Aberdeenshire-based business has extended its oil and gas expertise in to the emerging renewables market and forecasts turnover in the cu
GDF SUEZ has commenced gas production from the second of two development wells on the Juliet field on the 9th of March, a subsea development on the western flank of the Southern Gas Basin, 39 km east of the Lincolnshire coastline in the United Kingdom. This follows first gas from the initial develop
Grant scheme Supply Chain Innovation for Offshore Renewable Energy (SCORE) has named the first three East Anglian SMEs to bag funding. North-Norfolk based offshore wind farm specialist Tidal Transit will pocket £48,000 from the grant programme to back the development of the latest addition to its fl
Royal Boskalis Westminster N.V. (Boskalis) achieved revenue of EUR 3.5 billion in 2013 (2012: EUR 3.1 billion). Net profit rose sharply to EUR 366 million (2012: EUR 249 million), partly due to a number of extraordinary items amounting to EUR 97 million post tax. Boskalis intends to distribute a div
Petrobras has completed drilling of wildcat well 1-BRSA-1205-RNS (1-RNS-158), located in deep-waters of the Potiguar Basin. The results confirm the discovery of intermediate oil (24º API), as previously announced to the market on December 17, 2013. The well, informally referred to as Pitu, is locate
