Ezra Holdings announced that it has received approval from shareholders for its proposed 50:50 subsea joint venture with Chiyoda Corp. At the company’s extraordinary general meeting (EGM) held today, 99.97% of shareholders voted in support…
Ocean Installer has been awarded a contract for field development work in Nigeria for Folawiyo Aje Services Ltd. (FASL). The contract starts with immediate effect. Ocean Installer will perform the offshore construction of the Aje Ph1 project off the coast of Nigeria…
Some NOK1 million has been spent on Statoil's Gina Krog development every hour of this year. Statoil has provided a video update on the project's progress. Gina Krog is about 30km northwest of Sleipner. The field, previously called Dagny…
Solstad Offshore has won a multiple-year contract with Chevron in Thailand for its offshore installation and construction program using the derrick lay barge Norce Endeavour. Norce Endeavour will install multiple new wellhead platforms…
First oil started from the Edvard Grieg field in the Norwegian North Sea 28 November 2015. The Edvard Grieg field is part of PL338 on the Utsira High in the North Sea, about 180 km west of Stavanger. The development comprises a steel jacket platform and 22…
UK-based offshore installation and maintenance contractor Seajacks International has taken successful delivery of its fifth self-propelled jackup vessel, the Seajacks Scylla. Built by Samsung Heavy Industries in Korea, Seajacks says Scylla…
Saudi Aramco and Hyundai Heavy Industries (HHI) have signed a general memorandum of understanding (MoU) to jointly collaborate on business development opportunities in Saudi Arabia. The MoU lays out a comprehensive, multi-faceted business cooperation framework in areas such as engineering…
Technip CEO Thierry Pilenko. Photo from Technip. “We are in an environment where something was broken.” It’s a harsh summary but one few would dispute. Nor would many now…
Image: Far Sentinel/Farstad Shipping Farstad Shipping has been awarded a three-year contract with up to three years options for CSV Far Sentinel by Subtec de C.V. for delivery of light construction work…
The contractual regulation of liability through knock-for-knock clauses has been an important feature of North Sea offshore contracts for many years. But a recent judgment by the Norwegian Court of Appeal demonstrates that the agreed liability…
Melanie Luthi, Sanna Zainoune, and Stephen Forrester, of NOV, discuss how streaming downhole data on a job in the Norwegian North Sea helped improve both the drilling process and decision making. The time-based log shows the annular pressure…
KBR has been awarded a detailed design engineering and follow-on services contract by SMOE, Singapore, for the topsides facilities for Maersk Oil's HPHT UK North Sea Culzean project. Specifically, KBR will deliver the living quarters…
Centrica signed a string of partnership agreements with three suppliers - Subsea 7, Aibel and DNV GL. The firm says it is looking to create a strategic partner alliance (SPA) model covering all phases of project execution, with duration…
Pacific Drilling announced that it has exercised its right to rescind the construction contract for ultra-deepwater drillship Pacific Zonda due to the failure by Samsung Heavy Industries (SHI) to timely deliver a vessel that substantially…
McDermott International received regulatory approval for its McDermott Marine Construction Ghana Ltd. (MMCGL) joint venture to pursue key offshore opportunities in Ghana. McDermott and MMCGL officials made the announcement during the 2015 Africa Oil Week in Cape Town…