Byron Energy spudded the South Marsh Island 71 #1 (SM 71 #1) well located in South Marsh Island Block 71 in the Gulf of Mexico, using the Hercules 205 jackup drilling rig this week. Current operations at the SM 71 #1 well are drilling ahead at 671ft measured depth…
Kvaerner has signed a framework agreement with Statoil, on behalf of partners, for upgrading of the Njord A semisubmersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of US$14…
Xodus Group’s Intelligent Monitoring service is being used by Australian oil and gas company Woodside to create surveillance tools for its North West Shelf assets. Accurate monitoring of oil and gas production is an increasingly valuable tool for operators and surveillance engineers but…
Japan's Chiyoda and Singapore-based Ezra's EPCIC service provider EMAS AMC officially launched a 50-50 joint venture called EMAS Chiyoda Subsea, which will begin operations on 1 April 2016. The companies signed a binding memorandum of…
Mermaid Maritime’s Thailand subsidiary has been awarded a US$10 million subsea remotely operated vehicle (ROV) service contract in the Gulf of Thailand. The scope of work includes, but is not limited to, structure and sea line inspection…
Offshore marine services provider, PACC Offshore Services Holdings (POSH), has secured a one year contract for its POSH Xanadu semisubmersible accommodation vessel (SSAV). Under the terms of the contract, POSH Xanadu will continue to…
Vallourec, a provider of tubular solutions, has signed a contract with the Abu Dhabi National Oil Co. (ADNOC) to supply oil country tubular goods (OCTG) during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO)…
Offshore marine and engineering consultancy Aqualis Offshore has been contracted by A2SEA to perform engineering consultancy services for its offshore wind farm installation work at the Race Bank Offshore Wind Farm offshore the UK. Aqualis…
UAE-based global marine solutions provider Marsol International has been awarded two contracts offshore Oman. The first contract involves a single point mooring (SPM) change out, including the removal of the existing aging structures followed by installation of new buoys…
GEC Petroleum Development Co. (GPDC) is delaying a deal with MX Oil to acquire 5% interest in the Aje field offshore Nigeria in order for the company to gather the appropriate funds for the sale. GPDC is in the process of finalizing its…
AGR have been awarded a frame agreement with Lundin Norway for delivering consultancy services on- and offshore Norway. The four-year agreement has extension options which could see the partnership continue for eight years in total. “We…
Rosneft and Siemens entered into a cooperation and partnership agreement to study opportunities in the development of technical solutions and manufacturing allocation of equipment for the fuel and energy sector. Kaeser…
The Chinese Ministry of Commerce (MOFCOM) has cleared Schlumberger and Cameron's proposed US$14.8 billion merger without any conditions. This approval from China's antitrust regulator, MOFCOM, represents the last major hurdle towards closing the deal…
Schlumberger is adding to its list of takeovers with the announcement of the acquisition of Meta Downhole, a UK-based engineering and service company that offers technology and expertise to provide downhole metal-to-metal isolation solutions in well integrity applications…
The Republic of Cyprus announced its third Licensing Round for offshore exploration consisting of three blocks. The areas up for grabs include Blocks 6, 8 and 10, lolcated in the Mediterranean Sea. The application deadline is 22 July…