Offshore News


Malaysia contract for Nexans

Apr 19, 2013

Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development…

Firms qualified to bid for offshore Lebanon blocks

Apr 19, 2013

Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round.  Of 54 companies applying to take part, 46 have been approved to bid in the round…

Petroceltic and Edison pick up Egypt acreage

Apr 19, 2013

Petroceltic International the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions is pleased to announce its participation in a joint venture with Edison International Spa which was the successful bidder for two blocks…

Long winter mutes North Sea activity

Apr 18, 2013

The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…

Chinese ocean thermal energy plan

Apr 17, 2013

Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday…

Harkand to invest $30m in ROVs

Apr 17, 2013

Harkand is investing upwards of US$30million to expand its global fleet of remotely operated vehicle systems as the company drives forward with its ambitious growth strategy. The Group has signed a deal with Forum Subsea Technologies…

PSA's Magne Ognedal honored

Apr 17, 2013

Magne Ognedal had his final working day as director general of the Norwegian Petroleum Safety Authority Norway on Friday 12 April. A prominent personality has thereby handed on a heritage which will call for courage and strength to maintain and extend…

BMT on Caspian weather watch

Apr 17, 2013

BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, has secured a long-term contract to provide an oil major with weather forecasting services for all its North Caspian Sea operations, both offshore and onshore. The scope of BMT’s work includes…

Bluewater signs up Seadrill's West Neptune

Apr 16, 2013

Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico.   The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates…

Volstad crane contract for MacGregor

Apr 15, 2013

MacGregor, part of Cargotec, has secured its third identical offshore crane contract for Volstad Maritime AS series of 125m offshore construction vessels being built by Bergen Group Fosen shipyard in Norway. The order is booked in the first quarter 2013 order intake…

New subsea centre for Newcastle

Apr 14, 2013

Newcastle University is to lead a national centre for subsea and offshore engineering as part of a major drive to develop new materials and technologies to explore the world’s oceans. The Neptune National Centre for Subsea and Offshore Engineering…

Lord Cullen to address Piper Alpha 25

Apr 10, 2013

The man who led the Public Inquiry into the Piper Alpha disaster will stress the importance of strong leadership in how safety is managed offshore, at a major three-day conference this summer. Twenty-five years after the world’s worst offshore disaster…

Sweden's Trelleborg buys UK firm

Apr 09, 2013

Sweden's Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of the UK company Ambler Technologies Ltd.The company, based in Lancashire, develops and produces composite…

Petrofac wins $500m EPIC project

Apr 02, 2013

Petrofac has been awarded an engineering, procurement, installation and commissioning (EPIC) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for Satah Al Razboot (SARB) package 3 project, offshore Abu Dhabi.The US$500 million competitively…

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