Gulf Marine Services has been awarded a contract extension for one of its Large Class vessels in the southern North Sea. The extension is for a self-propelled, self-elevating, support vessel, that has been chartered to an international oil company (IOC) since Q3 2012…
Houston-based Paragon Offshore has launched a bid to take over Prospector Offshore Drilling by buying 55.8% of the Oslo stock market-listed drilling firm's stock. Paragon, which spun out of Noble Corporation in August this year, said…
Baker Hughes and Halliburton are in ‘preliminary discussions’ in regards to a possible merger between the two oil services providers, Baker Hughes confirmed on 14 November. “These discussions may or may not lead to any transaction. Baker…
Technip is investing more than US$84.7 million and more than four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. This plan focuses on the installation of new-generation machines and site optimization to fit 12m diameter reels…
GE opened its US$500 million Brazil Technology Center in Rio de Janeiro. The research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America…
Deepwater Wind awarded Gulf Island Fabrication, Inc. a contract for the fabrication of five jacket/piles for the Block Island Wind Farm off the coast of Rhode Island. The Block Island Wind Farm is a shallow water wind turbine project…
National Drilling Company (NDC), Abu Dhabi, awarded Lamprell a US$365 million contract for the construction and delivery of two high specification jackup drilling rigs of a Super 116E (enhanced) class. Under the contract terms, NDC has…
Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management. Paine Electronics, a leading manufacturer of pressure transducers, is recognized worldwide for its pressure…
Shell Gabon awarded Van Oord an engineering, procurement and construction (EPC) contract for the replacement of a dual 10km long oil export line. The EPC contract began this month and continues until summer 2015. The export line runs from the Gamba terminal…
Statoil Petroleum awarded Interwell a frame agreement for the scope of completion services in the Norwegian Continental Shelf (NCS). The six-year contract has an initial period of two years with two additional optional periods of two years.
Brunei Shell Petroleum Co. Sdn. Bhd. (BSP) awarded McDermott International, Inc. a three-year shallow water pipeline contract to transport and install pipelines and umbilicals for the Champion and Ampa Fields, offshore Brunei. Image…
Following Netherlands-based Royal Boskalis Westminster’s acquisition of 14.8% stake in Fugro on Friday, Fugro reaffirmed the company’s intent to stay independent on Monday, 10 November. “Fugro highly values its position as the world leading…
GDF Suez Norge awarded RSI a three-year, US$2 million quantitative geophysical services frame agreement in Norway. The scope of the services covers geophysical well log analysis, rock physics, seismic reservoir characterization and electromagnetic inversion and integration.
Intertek has invested US$2.8 million in its new Abu Dhabi Technology Centre, which supports new exploration and existing operational activity. The Abu Dhabi Technology Centre is currently equipped to provide reservoir characterization services…
Ceona and Marine Platforms Ltd. (MPL) were awarded two contracts in Nigeria worth a total of US$30 million. Ceona will provide vessels and its installation expertise on the Eni Nigerian Agip Exploration Ltd. ABO12 well completion, as…