Teekay Offshore is to take a hit of US$43.7 million after cancelling construction contracts for two flotels, described by Teekay as units for maintenance and safety (UMS). The firm also says it suffered a drop in income due to its Arendal…
UAE-based engineering and fabrication firm Lamprell has recruited Petrofac exec Christopher McDonald to become its CEO as of 1 October 2016. McDonald will succeed Jim Moffat, who is retiring from the company. McDonald has held the…
Statoil's Aasta Hansteen Spar development substructure has reached its complete form in its yard in South Korea. The Spar will be the world's largest Spar platform weighing in at a whopping 70,000-tonne, and Norway's first Spar development…
Dutch monopile manufacturer SIF already produces the equivalent to the Eiffel Tower every 2.5-3 weeks. It’s looking to increase that capacity further, reports Elaine Maslin. SIF monopile offloading…
Meg Chesshyre speaks with Heerema Fabrication Group’s CEO Koos-Jan van Brouwershaven about the firm’s activity in both the oil and gas and renewable markets. The Culzean wellhead jacket, under construction…
Meg Chesshyre speaks with HSM Offshore as the company looks to the offshore wind market while the oil industry downturn continues. The Horns Rev C offshore high voltage substation. Photo from HSM Offshore…
McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…
UAE-based rig builder and engineering firm Lamprell says delivery of a jackup drilling rig, which had been scheduled for delivery in Q2 2016, has been delayed due to an issue with equipment supplied by an original equipment manufacturer. According to a November 2015 presentation by Lamprell…
Hyundai Heavy Industries (HHI) has laid claim to delivering the world's largest semisubmersibles - the Ocean Greatwhite, for Houston based driller Diamond Offshore. Ocean Greatwhite, measuring 123m-long and 78m-wide, is capable of operating…
Danos’ fabrication facility in Amelia now features on-site instrumentation and electrical services, including automation, safety and control systems. Image of Danos' corporate office, from Danos…
Statoil's Gina Krog platform is getting closer to first oil after the modules for the facility's topside set sail from Korea on two heavy transport vessels, Statoil has said. The transport from Daewoo Shipbuilding & Marine Engineering in Korea to the North Sea will take about 50 days…
The start of construction of the riser platform for the giant Johan Sverdrup project offshore Norway has been marked at Samsung Heavy Industries yard in South Korea. Johan Sverdrup, 155km west of Stavanger, Norway, is one of the five biggest oil fields on the Norwegian Continental Shelf…
Ezra Holdings has received a total of some US$300 million in awards for several new deepwater projects in various offshore oil producing regions in the Gulf of Mexico, Southeast Asia and West Africa. The scope of work for these new projects include project management…
Wood Group has acquired the trade and assets of Enterprise Engineering Service Limited’s (EESL) Aberdeen based fabrication and manufacturing business; following EESL's fall into administration in May. Wood Group says the acquisition enhances its asset integrity management capabilities…
Bermuda registered rig operator North Atlantic Drilling has extended a standstill deal agreement with Jurong shipyard over the delivery of the newbuild West Rigel semisubmersible drilling rig. The standstill agreement, set up amid a…