Mermaid Maritime’s Indonesian business unit PT Seascape Surveys Indonesia has agreed an additional one-year charter for the DP2 multi-purpose support vessel (MPSV) Resolution. The Resolution is a remotely operated vehicle and air diving support vessel…
CIMC Offshore Co., a wholly-owned subsidiary of China International Marine Containers (CIMC) Co., intends to partner with Shenzhen Mangrove Venture Capital Co. and China Industrial International Trust Co. to jointly establish Tianjin Lanshui…
Lamprell completed the construction on the jackup drilling rig, Al Gharbia, and its delivery to Abu Dhabi’s National Drilling Co. (NDC). Completion and delivery of the jackup rig, on time and on budget, was marked at an inauguration ceremony…
Cameron, a Schlumberger (SLB) company, has signed two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than US$350 million. The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico…
Saipem has successfully completed sea trials of its new remotely operated vehicles (ROVs), the Innovator 2.0, and has obtained a declaration of compliance with Norsok U102 standards, as well as DNV GL certification. Innovator 2.0, a…
Siemens has entered the offshore wind market in Belgium with a first order for the 309MW Rentel wind project. The customer is Rentel, part of the Otary partnership, a conglomerate of specialists from the Belgian renewable energy industry including investment and development companies…
Seatools, a Dutch subsea technology company, introduced their new subsea hydraulic compensator range: the Advanced series. This subsea compensator range, based on the preceding Hyco range, is designed for improved robustness, durability, and standardization…
Penspen, a provider of engineering and project management services to the energy industry, has signed a strategic alliance agreement with Nigerian engineering firm Crestech. The partnership will enable the two businesses to provide engineering…
ExxonMobil has picked SBM Offshore to perform front-end engineering and design (FEED) for the floating production and storage offload unit (FPSO) for the supermajor’s Liza development offshore Guyana. In addition, subject to a final investment decision (FID)…
Houston’s KBR has been awarded two global agreements by BP International for the provision of conceptual engineering services, and another for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each…
Norway's Aibel has been awarded a front-end engineering and design (FEED) study for modifications on the Snorre A facility in connection with Statoil's Snorre Expansion project in the Norwegian Sea. The contract also has an option for the actual implementation phase…
Wärtsilä will provide extensive technical support and advisory services for Singapore-based large cutter dredger Cassiopeia V. The five-year technical management agreement includes dynamic maintenance planning (DMP) and is complemented by…
Technip has been awarded an engineering and project management services contract by Shell Australia. The contract will provide multi-disciplinary engineering and design services in support of the Prelude FLNG project, and will allow the…
Investment costs for the Culzean project are now forecasted to be around US$4 billion, a reduction of about $500 million on the estimate at project sanction, said Gretchen Watkins, CEO, Maersk Oil at the Maersk Group Capital Markets Day in Copenhagen…
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corp. (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with…