Woodside Energy awarded a subsidiary of Atwood Oceanics a one-well drilling services contract for the ultra deepwater rig Atwood Osprey, offshore Australia. The contract will start between 24 May 2017 and 7 July 2017 and has an estimated duration of approximately 130 days…
Houston’s KBR has been awarded two global agreements by BP International for the provision of conceptual engineering services, and another for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each…
Norvestor VII L.P. and Norvestor VII OS L.P., funds managed by Norvestor Equity, has signed an agreement to invest in Aberdeen-based READ Cased Hole, an independent provider of production logging and well integrity evaluation services. “In READ Cased Hole…
Wärtsilä will provide extensive technical support and advisory services for Singapore-based large cutter dredger Cassiopeia V. The five-year technical management agreement includes dynamic maintenance planning (DMP) and is complemented by…
CS Wind will build a new offshore tower manufacturing facility in Campbeltown, Scotland as a result of a multi-million-dollar investment from DONG Energy. This investment will give DONG Energy preferred access rights to towers for its offshore wind farms…
AGR Software and Norway-based Netscenario have joined forces to bring digital and automation expertise to companies across the oil and gas industry. Image from AGR. The partnership…
Gazprom and OMV signed an agreement that will see Gazprom acquire stake in OMV Norway. According to the agreement, Gazprom will receive a 38.5% stake in OMV (Norge), a company focused on geological exploration and production in Norway…
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corp. (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with…
A new company, Nucore Group, has been established to create a topside engineering services group of companies. Backed by Lonsdale Capital Partners, Nucore Group currently oversees the management of Oteac and HVAC & Refrigeration Engineering (HVAC&R)…
Lokring Northern (UK), a provider of advanced fluid and gas transfer connectors, has expanded its Aberdeen office. The new premises are double the size of the previous Aberdeen headquarters, with capacity for improved training facilities and office space…
Azinor Catalyst signed an agreement to acquire a 50% operated interest in UKCS license P.2243, containing Block 14/17a from Zennor North Sea. Map from Azinor Catalyst. The license is adjacent to Azinor’s Partridge licence P…
ALE launched its latest innovation, the lightweight service crane, which is fully designed out of light modular parts that can be assembled by hand. Each part can fit in an elevator or transported over an access walkway or stairs, making…
Australia's AWE has sold 57.5% of its stake in the Tui area oil fields in the Taranaki basin offshore New Zealand, to Kuala Lumpur-based Tamarind Management. Subject to approvals from the New Zealand government and the Tui joint venture…
Dutch maritime transport firm Boskalis has dropped its stake in fellow Netherlands-headquartered firm Fugro down to 9.38%, the company announced today (13 December). The news is likely welcomed by Fugro, which has been at odds with Boskalis…
Geokinetics, a provider of integrated seismic data acquisition, processing and reservoir analysis solutions, will acquire the intellectual property and legacy assets of Geotrace Technologies, a provider of seismic imaging and reservoir analysis services…