Junior exploration firm Trapoil has agreed to acquire Jersey Oil and Gas E&P (JOG) for £495,000 and raise about £820,000 to cover its costs. In a reverse takeover style deal, Trapoil will be renamed Jersey Oil and Gas and JOG's founding…
Image: manifolds leaving Rosythe/Babcock A major milestone has been reached in Babcock’s delivery of 73 subsea structures for BP’s Quad 204 offshore redevelopment project, 130km west of Shetland…
Meridium, provider of the Asset Performance Management (APM) software and services, announced an expanded partnership with Stork Asset Management Consultancy. Stork became a Meridium Certified Services Provider (MCSP) earlier this year…
SBM Offshore completed the project financing of the Cidade de Saquarema floating production and storage offloading vessel (FPSO) for a total of US$1.55 billion, which is the largest project financing in the company’s history. Modules…
Image: diver working/Harkand Harkand has carried out the first-ever free inertial metrology in Mexico's waters and at a new depth for this approach in the region. The global inspection…
Paragon Offshore announced that certain wholly-owned subsidiaries of the company, which were part of the company's acquisition of Prospector Offshore Drilling have closed the combined US$300 million sale-leaseback financing facility that was announced on 4 June 2015…
Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has signed a two-year agreement with Eternal Asia Supply Chain Management for the exclusive supply of its FloSure autonomous inflow control devices (AICDs) in China…
Dolphin Geophysical continues its seismic operations in Australia on the Northwest shelf by initiating a large 3D SHarp broadband multi-client (MC) survey covering approximately 15,000sq km. In cooperation with TGS and supported by major oil companies…
NUTECH, a petrophysical analysis and reservoir intelligence company, offers an integrated set of proprietary technologies that takes reservoir intelligence to the next level by providing a comprehensive and evolving picture of a reservoir…
Image: Quantum Work Class ROV/SMD SMD announced the delivery of three Quantum Work Class remotely operated vehicle (WROV) systems to China’s largest offshore engineering construction company…
Variations in owner, operator and regulatory requirements during engineering and construction phases at South Korean shipyards present a huge challenge for operators and drive up costs. DNV GL has kicked off a joint industry project (JIP) with Hyundai Heavy Industries (HHI)…
Petrobras has extended the RSV contract for the vessel Geoholm for 18 months until December 2016. The extension is a direct continuation of the current contract and the vessel has been operating for Petrobras since January 2014. The…
InterMoor completed its role in the largest foundation installation project offshore Trinidad and Tobago to date. The final stage of the project involved hooking up Diamond Offshore Drilling Inc.’s Ocean Victory semisubmersible drilling rig…
Chevron information technology teams from around the world put their stamp on Jack/St. Malo, providing the technical support that helped the major capital project achieve first oil in the deepwater US Gulf of Mexico (GOM), reports the company…
Daewoo Shipbuilding and Marine Engineering (DSME) delivered notices of arbitration regarding the construction contracts for Cat D-rigs to be delivered to Songa Offshore, according to Songa Offshore CEO, Bjørnar Iversen. In its 1Q 2015 interim financial report…