Proteus FZC, a provider of satellite-derived mapping and classification services, has launched a fast-turnaround habitat mapping solution designed specifically for Environmental Impact Assessments (EIAs). Through the service, Proteus delivers high-resolution classification maps of terrestrial areas
Dragon Oil has reported operating profits of $388.5 million for the six months to the end of June, 20% up on last time. Revenues were 11% higher at $547.0 million and profit for the period rose by 20% to $289.0m. Average gross production rate was approximately 73,440 barrels of oil per day compared
Petrofac, the international oil & gas facilities service provider, has secured a contract with the BP-operated prestigious Shah Deniz 2 project to provide their maintenance build capabilities. The contract, valued at around $ 8.5 million (£5 million), covers new onshore, offshore and pipeline assets
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the prestigious second phase development of the Shah Deniz field offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package; filled with its high tempera
Unique Maritime Group (UMG), one of the world’s leading integrated turnkey subsea and offshore solutions provider, announces a pivotal strategic equity investment from Blue Water Energy. Founded in 1993, UMG is a specialist in the provision of services, and the sale and rental of equipment for the m
Dragon Oil plc, an international oil and gas exploration, development and production company, has published a quarterly update on the drilling activity in the Cheleken Contract Area, Turkmenistan, and its exploration assets in the second quarter of 2014 and production numbers for 1H 2014. Turkmenist
Hyundai Heavy Industries Co., Ltd. (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it received a Letter of Award (LOA) for a USD 1.94 billion order for the second package of the Nasr Full Field Development Project to build the fixed platforms and t
Reef Worlds, a Los Angeles-based company, intends to create an underwater theme park for waterfront resorts in Qatar. The theme park would consist of artificial reef sites that would be designed like ancient Lost Cities, reports Zawya. The aim of the project is to boost tourism and bring economic be
Aquatic Engineering & Construction Ltd, an Acteon company, has appointed Martin Charles as regional general manager, Europe, Middle East and Africa (EMEA). This appointment contributes to Aquatic’s business strategy for 2014 and its ambitious expansion programme, which will improve customer service
Ocean Installer announced that Patrick Chapalain has joined the company as Managing Director for AFMED & Middle East. He will be working out of Dubai where Ocean Installer is establishing a regional office. Patrick Chapalain has extensive experience from the offshore subsea and construction industry
ShawCor Ltd. announced that its field-applied pipeline coatings and services division, Canusa-CPS, has received a contract with a value of approximately Cdn $30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream Offshore Pipeline. The South Stream Offshore
Unique System FZE has recently supported a significant hydrographic project that included the installation of Kongsberg’s EM 2040 multibeam echo sounder units for “Bayanat for Mapping & Surveying Services (Bayanat)” in 2 different vessels at Abu Dhabi, UAE. Bayanat is a wholly-owned Mubadala company
Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Singmarine Pte Ltd have secured contracts worth a total of S$368 million ($295 million). The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading
Noble Energy, Inc. has announced the execution of a non-binding Letter of Intent (LOI) between the Leviathan field partners and BG International Limited (BG) for the supply of natural gas from the Leviathan field, offshore Israel, to BG’s existing natural gas liquefaction (LNG) facilities in Egypt.
