McDermott International, Inc. announced that one of its subsidiaries has been awarded a large engineering, procurement, construction and installation (“EPCI”) project by an operator in the Arabian Gulf. The contract includes the engineering, fabrication, transportation and installation of four new o
Technip has been awarded a major subsea contract by Eni Muara Bakau B.V. (Eni) the Operator of the Muara Bakau PSC, for the Jangkrik project located in the Muara Bakau PSC working area, approximately 70 kilometers off the coast of Makassar Strait, Indonesia, at water depth ranging from 200 to 430 me
Oryx Petroleum Corporation Limited has announced that the testing of the E-1 exploration well targeting the Elephant prospect in the Haute Mer A license area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously announced in September 2013. Oryx Petroleum has a 20% p
Cal Dive International, Inc. generated a loss for the fourth quarter 2013 of $0.5 million, or $0.01 per diluted share, including a $0.6 million after-tax non-cash fixed asset impairment charge. This compares to a loss in the prior year fourth quarter of $19.1 million, or $0.21 per diluted share, inc
Glacier Energy Services has confirmed its fifth acquisition with the multi-million pound purchase of Professional Testing Services (PTS), the provider of non-destructive testing and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s Offshore d
Glacier Energy Services has confirmed its fifth acquisition with the multi-million pound purchase of Professional Testing Services (PTS), the provider of non-destructive testing and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s Offshore d
EOC Limited has been awarded work worth close to US$100 million including options, for the Lewek Conqueror. Under this charter contract with an oil major, the accommodation and construction barge will provide accommodation and support services for a project in South East Asia, for a period of five y
EMAS, the operating brand of Ezra Holdings, has been awarded subsea construction and offshore support contracts in Asia Pacific and West Africa with a combined value exceeding US$125 million, including options. Following contract wins in January, EMAS AMC continued its momentum with subsea contracts
The Harwich Dock Company (HDC) and Offshore Marine Management (OMM) have secured a significant long term contract with DONG Energy, one of the leading energy groups in Northern Europe, to provide cable storage and management services at the Harwich Navyard in Essex. HDC enlisted the expertise of OMM
OneSubsea™ has been awarded a contract of more than $80 million from Pharaonic Petroleum Company (PhPC) to supply subsea equipment for the East Nile Delta END-3 development offshore Egypt. The scope of supply for the four well systems includes subsea production equipment, wet gas flow meters, HIPPS
Maersk Training is about to launch two new offshore emergency courses, the OPITO Helideck Emergency Response Team Member Training and the OPITO 6 Day Combined Helideck and Team Member Training. These two OPITO Accredited courses will kick start this month at the company’s training centre in the Nort
McDermott International, Inc. reported a fourth quarter net loss of $324 million or $1.37 per fully diluted share, and an operating loss of $316 million, of which approximately 80% relates to cash outlays that were made prior to the fourth quarter. The Company reported fourth quarter revenues of $51
Ophir Energy plc has entered into an agreement with WHL Energy (“WHL”) to acquire a 75% operated interest in Blocks PEC-5B/1 and PEC-5B/2 located offshore to the south of the Seychelles Islands in the Indian Ocean. In exchange for the acquired interest, Ophir will repay back costs to WHL of US$4mln
Maritiem Cluster Friesland has delivered another DP1 Multi Purpose Support vessel 3512 to Acta Marine. Lady sponsor Mrs. E. (Litsa) Kwantes, named the Coastal Chariot of Acta Marine in Rotterdam (The Netherlands) on 20th February. The multi-purpose vessel has been custom-built and constructed within
