Acteon acquired Aberdeen-based J2 Engineering Services Ltd. J2 Engineering is involved in the rental, maintenance and repair of ROV manipulator arms and associated tooling and equipment. Over the past five years, the company has forged…
AGR Seabed Intervention and Marin have decided to form a strategic alliance in work for clients in the oil, gas and renewable sectors. The two ultra deep-water specialist recovery and excavation companies will bring together their knowledge…
A group of 24 nations and the EU are meeting in Bremerhaven, Germany, July 11-16, to discuss revised proposals to create two marine protected areas (MPAs) in the ocean surrounding Antarctica. If approved, these may become the largest marine reserves on Earth…
Bowtech Products Ltd, a global market leader in subsea vision systems, announced on 9 July 2013 that it delivered a £100,000 Chain Stopper Monitoring System to SBM Offshore, to monitor the chain stoppers during installation of the BP Quad 204 Turret Mooring System (TMS)…
An Energy Resource Technology (ERT) well, located within the Ship Shoal block 225, has been leaking a mixture of gas, salt water, and light condensate to the surface of the Gulf of Mexico since Monday July 8, 2013. Talos Energy—Houston…
Royal Boskalis Westminster N.V. (Boskalis) completed the sale of its 40% stake in Archirodon Group N.V. The possible sale was announced in November 2012 after Boskalis was approached by the party in question from the Middle East. The equity…
Eni’s CEO Paolo Scaroni, and COO of Exploration & Production Claudio Descalzi, met with Cyprus President Nicos Anastasiades in the town of Nicosia today (July 11) in order to discuss the Italian explorer’s current and future local projects…
Hudong-Zhonghua Shipbuilding Group, part of the China State Shipbuilding Corporation, was awarded a contract from GE for the supply of power and propulsion systems for six LNG carriers that it will build in its shipyard in Shanghai for major Asian shipping companies…
Fugro was awarded a three-year contract by Chevron’s subsidiary, Cabinda Gulf Oil Company Ltd., to support its development program at Block 0, off the coast of Cabinda province, Angola. The contract includes the provision of offshore…
SapuraKencana Petroleum Berhad’s wholly-owned subsidiary, Kencana HL Sdn Bhd was awarded a three-year US $180 million contract from Trans Thai-Malaysia Sdn Bhd (TTM) to provide engineering, procurement, construction, installation, and commissioning…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. GE will supply SMS800 and DWHC 700 high capacity wellheads…
Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-ofield contract from Ithaca Energy will see WGPSN operate and deliver managed services…
ExxonMobil handed Technip a contract for Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers project management, engineering, fabrication, installation, and pre-commissioning of more than 48km of 10…
Analysis: Perspectives Independent oil companies have led the way opening new frontiers in recent years, but this may change as companies of all sizes have locked-up huge swathes of frontier acreage, creating opportunities for exploration-driven deals…
Browse Basin gas discovery Total E&P Australia discovered gas at the Bassett West-1 exploration well in WA-408-P in the Browse Basin off Western Australia state. The well is about 475km north-northeast of Broome and reached 5239m TD in 368m of water…