Cargotec's MacGregor has entered into an agreement to acquire Aker Solutions' mooring and loading systems unit for an enterprise value of approximately EUR180 million. The unit, known by the Pusnes brand name, provides mooring equipment…
Carigali Hess Operating Company Sdn. Bhd. awarded Allied Marine & Equipment Sdn. Bhd. (AME) a contract to provide subsea inspection to Carigali Hess’ facilities. AME is a subsidiary of Malaysia’s SapuraKencana Petroleum Berhad. Within the terms of the contract…
As part of its continuing global growth strategy, subsea installation contractor Bibby Offshore has announced the opening of a new division and international base in Houston. The company, that also has bases in Aberdeen, Liverpool, Singapore and Trinidad…
Finnish firms Navis Engineering Oy and Aker Arctic Technology Inc have signed a scientific and technical co-operation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels…
Geoprediction firm Ikon Science has acquired the software, services and intellectual property of Bergen headquartered Terra Geotech AS. Eamonn Doyle, the founder of Terra Geotech, has joined Ikon Science as VP real-time operations, bringing…
Aberdeen-based Sparrows Group employs more than 1750 people and has established offshore crane service and engineering centers around the world. Trainee and existing crane operators working for Sparrows in the Middle East will be able…
Sevan Drilling ASA today (October 23) took delivery of the Sevan Louisiana from Cosco Quidong Shipyard in China. The drilling rig has a cylindrical hull design and will be capable of drilling in water depths to 10,000ft. Sevan Louisiana…
The Underwater Centre in Fort William, Scotland, has invested in two new barges to meet the demand for its commercial diving and ROV Pilot Technician training courses. The new vessels, the renamed Loch Sunart and Loch Scavaig, have been purchased from Western Ferries (Clyde) Limited…
InterMoor has been awarded a contract for design, fabrication and installation of 12 suction pile anchors, pre-set installation of 12 chain polyester chain mooring lines and hook-up of the LLOG Delta House production semi-submersible floating production system (FPS)…
Two agreements announced today will see subsea services firm DeepOcean take on a newbuild installation vessel and Norwegian shipyard Kleven undertake its largest order to date. DeepOcean has agreed to a five and a half year charter, starting March 2016…
North Sea drilling activity eased during Q3, 2013, following an encouraging Q2, according to a report into offshore activity from Deloitte's petroleum services group (PSG). The report found that the number of new wells drilled on the UK Continental Shelf (UKCS) fell by around one third…
Technip has won a contract from Qatar Petroleum for the engineering, procurement, installation and commissioning of a bridge linked living quarters platform and a utility platform. The project location is within Qatar Petroleum offshore facilities…
Subsea 7 has been awarded to new contracts for pipelay support vessels with Petrobras worth an estimated US$600 million. The contracts are for operation of the pipelay support vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years…
Bourbon announced that it sold three vessels, including a tug, an MPSV (multipurpose supply vessel) from the Subsea Services fleet and a PSV (platform supply vessel), for an approximate total amount of US$38 million generating a total capital gain of approximately US$18 million…
W&T Offshore Inc. is set to acquire a portion of Callon Petroleum Operating Co.'s Gulf of Mexico acreage, the company announced on October 18, 2013. W&T will take a 15% working interest in the Medusa field (deepwater Mississippi Canyon blocks 538 and 582)…