Consultants who were active in the exploration and production sector sector in 2013, but not currently working due to the cutbacks in the industry, would take a day rate that is 39% lower, according to OPC Consultant Market Report 2016. OPC's…
Ampelmann has been awarded a contract by SBM Offshore Contractors in support of an FPSO (floating production, storage and offloading) maintenance campaign in the Espírito Santo Basin, Brazil. Ampelmann will provide an E-type system in January 2017 with a scope that includes transport…
Sturla Magnus has been appointed new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner's yard at Verdal. He will start in his new position 1 April 2017 at the latest. Previous EVP of Structural Solutions…
Premier Oil's Catcher North Sea floating production project is on schedule for startup later this year with a 29% reduced capital budget compared to when it was sanctioned, at US$1.6 billion. The Catcher area is expected to produce 96 MMboe…
The Petroleum Safety Authority Norway (PSA) has carried out audits within several disciplines at Snorre B, which is operated by Statoil. From 24 October to 7 November 2016, the PSA carried out an audit of Statoil's handling of major accident and working environment risk at Snorre B…
ACE Winches, a deck machinery specialist, has secured a spooling contract with Oceaneering for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) project. The contract will be the first time ACE Winches’ 500-tonne reel drive system is used…
Webtool, a hydraulic cutting tools provider, will highlight its latest cable gripper and retrieval tools, and electrically operated subsea cutters at Subsea Expo 2017. The stand will feature the Webtool cable gripper, which allows the…
Following the award of an order from Shanghai Salvage for a 6000m Quasar Work Class ROV (remotely operated vehicle), SMD engineers have successfully completed work on the associated Curvetech subsea components to assure maximum working depth up to 6000m…
Seatronics, an Acteon company and provider of marine electronic equipment, has formed a partnership agreement with Force Technology, an international technological consultancy company. The agreement will provide Seatronics’ global customer…
IKM Consultants has secured an extended one-year framework agreement for hire of personnel with Wintershall Norge. In December last year, IKM Consultants was awarded a one-year renewal of an existing framework agreement with the oil and gas company…
ExxonMobil has developed cMIST, a technology which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This inline technology could be deployed at both…
A redundant former oil and gas offshore structure fabrication yard on the west coast of Scotland is to be reinstated as a dry dock. Kishorn's drydock, one of the largest in Europe at 160m-diameter, built the 610,000-tonne, concrete Ninian complex support structure…
Forum Energy Technologies has designed, manufactured, tested and delivered its 350th rotational torque (RT) torque machine to TAM International, a downhole inflatable packer provider. The torque machine, or bucking unit as it is commonly referred…
Subsea services group Acteon acquired Bruce Anchor in a move that the company says has improved its capabilities in the provision of temporary and permanent mooring systems. The acquisition adds to Acteon’s capability in the mooring and installation market…
LQT Industries, a service provider and construction company, has been awarded five insulation projects in the Gulf of Mexico (GoM) from major oil and gas companies. These projects consist of the execution of projects on offshore platforms…