After their recently signed ten-year extension comes into effect, Fugro and China Oilfield Services Ltd. (COSL), will enter the fourth decade of the successful joint venture. China Offshore Fugro Geosolutions (COFG), in which each company holds 50% interest…
Royal Boskalis Westminster subsidiary Dockwise has completed a dry dock project using its new transport vessel Dockwise Vanguard. The project was to assist with the repair and maintenance of a semisubmersible drilling rig in the Mediterranean…
Mexico’s Cotemar group announced that Safe Regency has been awarded a contract extension and option through 31 March 2014, continuing at US$75,000/day. The Safe Regency provides accommodation at Pemex's Cantarell field under a bareboat charter contract in the Gulf of Mexico…
Bangladesh English-language newspaper, Dhaka Tribune, reported on 5 August that state-owned Bangladesh Oil & Gas Corp. (Petrobangla) will sign exploration agreements with two international oil companies for three blocks. Petrobangla initially…
Farstad Shipping ASA announced that it has been awarded 10 charter contracts for anchor-handling tug supply vessels from ENI Australia, BHHP Billiton, Woodside Energy, Chevron, Brunei Shell Petroleum, and Oil Search (PNG): AHTS Far Sky (1991…
Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
The second largest offshore wind farm in the world, costing £1.3 billion and generating enough clean electricity to power over half a million homes, was officially opened by UK energy and business minister Michael Fallon today. Greater Gabbard…
A group of divers have completed specialist coded welding trials at a leading north-east Scotland oil and gas industry support and training facility to prepare them for work in the Norwegian sector. The Aberdeen-based National Hyperbaric Centre (NHC)…
Allseas’ heavy-lift and pipelay vessel the Pieter Schelte has been awarded its first contract. The vessel, under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, Korea, is to carry out topsides removals on the Shell-operated Brent field in the North Sea…
Shell Oil Co. reports that the Olympus tension leg platform reached the Mars B field on July 20th, following a 425-mi. tow from Ingleside, Texas. The location, in Mississippi Canyon Block 807, is about 130mi. south of New Orleans. The TLP was safely secured in place last week…
Inpex Corp.’s (INPEX) subsidiary, Teikoku Oil Co. Ltd., reached an agreement to transfer 30% of its participating interest in the Block 31 offshore Suriname, to UK-based E&P company, Tullow B.V., a subsidiary of Tullow Oil (Tullow). This…
Daewoo E&C awarded Royal Boskalis Westminster N.V. (Boskalis) an EUR 80 million contract regarding dredging and reclamation of new land for Songdo International City on the waterfront of Incheon, South Korea. The project consists of reclamation…
Actuant Corp. to acquire Viking SeaTech (Viking). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The US$225 million purchase price will be funded from the Actuant Corp…
China National Offshore Oil Corp. (CNOOC) signed production sharing contract (PSC) with Shell China Exploration and Production for Block 35/10 in Yinggehai Basin, west of the Hainan Island, China, in the South China Sea. Block 35/10 covers a total area of 3…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…