Heavy lifting, transport and installation firm Jumbo has launched its new K3000 class vessels with the launch of the Jumbo Kinetic from the Brodosplit shipyard in Split, Croatia. The vessels have a large, unobstructed hold and flush decks and are certified 1A Finnish Swedish Ice Class…
Wärtsilä introduced a new series of both steerable and transverse thrusters. The new Wärtsilä Steerable Thruster series (WST) is being introduced to replace the company’s Modular Thruster and Compact Thruster series, while the new Wärtsilä…
Noble Energy, Inc. has downgraded the gross resource potential of its A-2 appraisal well, drilled on the Block 12 discovery offshore the Republic of Cyprus. With the reserve potential initially set between 5-8Tcf, the company has now lowered its figures to 3…
Daewoo Shipbuilding & Marine Engineering (DSME) awarded VWS MPP Systems, a subsidiary of Veolia Water Solutions & Technologies, a contract to supply a macro porous polymer extraction water purification (MPPE) unit for the Ichthys LNG project FPSO…
GDF SUEZ signed a 15-year BOOT (build, own, operate and transfer) contract with Gas Sayago SA for LNG storage and regasification services in Uruguay. The GNL del Plata plant is located offshore in the Punta Sayago area, near Uruguay's capital Montevideo…
Dubai-based Dragon Oil plc has leased two LeTourneau S116E jackup rigs from BKE Shelf Ltd to use in its Cheleken Contract Area, offshore Turkmenistan. The Neptune and Mercury have been contracted for a period totaling three years. Neptune…
Aquatic Engineering & Construction Ltd, an Acteon company, has unveiled its 1500 te carousel (AQCS‐01‐1500) a powerful, modular drive system representing a significant capability extension for customers requiring installation or replacement of flexibles…
Business Monitor (BM) released its latest findings on Nigeria’s volatile oil and gas sector from its newly-published Nigerian Oil and Gas Report. The report notes that Nigeria's hydrocarbon sector continues to struggle amid a worsening political and business environment…
Premier and Rockhopper Exploration plc have signed a heads of agreement with Falkland Oil and Gas Limited (FOGL) to farm-in to licences PL004a and PL004c, conditional on the completion of this morning’s announced combination of FOGL and Desire Petroleum plc…
Availon, a leading wind farm service provider, announced that it was awarded a complete maintenance contract for Vattenfall’s 12MW Jänschwalde wind farm, located near Cottbus in the German federal state of Brandenburg. Availon was already…
Lundin Petroleum AB and its partner Gunvor Group signed a heads of agreement with Rosneft Oil Company to jointly sell 51% of PetroResurs LLC. PetroResurs, the Russian subsidiary of Lundin, is the 100% owner of the Lagansky block license…
The Switch, supplier of megawatt-class permanent magnet generator and full-power converter packages for wind power and other renewable energy applications, and Yaskawa Electric Corp., a global manufacturer of servomotors, controllers, inverters…
Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…
GE Oil & Gas won a contract to provide turbomachinery equipment for the Yamal liquefied natural gas (LNG) megaproject under development on the Yamal Peninsula in Russia’s northern Siberia region. GE will supply six Frame 7E gas turbines…
Oceaneering International, Inc. has commissioned the construction of a subsea support vessel from BAE Systems. Expected delivery of this vessel is by the end of 1Q 2016. This vessel will be US-flagged and documented with a coastwise endorsement by the US Coast Guard…