This year’s OMC conference ‘Charting a course in a changing sea’ attracted more than 560 companies from 30 countries to Ravenna, Italy, for 26 technical sessions and 120 speakers. But the changing gas market was on everyone’s mind. US shale gas…
Aberdeen-based Bibby Offshore recently completed hyperbaric evacuation trials on its DSV fleet, which includes the Bibby Sapphire, Polaris and Topaz. Bibby is the first company to carry out this procedure on its entire fleet and the only…
Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
Subsea services and technology products company Cortez Subsea has announced plans for further growth in 2013 with three new appointments reflecting recent business success. Cortez Subsea was established in 2010 and achieved turnover of over £3 million in 2012…
Drilling firm Noble Corp. has been awarded a four-year drilling contract for work on the UK North Sea Mariner project using a new Cat J jack-up with Norway's Statoil. The contract is worth $655 million and includes a one two-year option…
Ulstein Verft delivered Blue Thunder, the fourth of six medium-sized platform supply vessels of the PX121 design from ULSTEIN to Blue Ship Invest, on Monday 13 May 2013. Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group…
Independent E&P firm Ithaca Energy has said it has agreed a farm-out deal with Shell UK, reducing its exploration spending commitments in the UK North Sea by $45million. The deal relates to licence P1792 containing the Beverley prospect…
The Board of Norwegian Energy Company (Noreco) has announced that Svein Arild Killingland is to take over as Chief Executive Officer of the company group with immediate effect. He replaces Einar Gjelsvik, who Noreco said would be available for an interim period to the firm…
Songa Offshore has appointed Bjørnar Iversen as its new CEO just months after he joined the company as president of Songa Rig AS. Iversen will take up the new role, based in Cyprus, replacing interim CEO Jens Wilhelmsen, effective as of June 1…
MacGregor, part of Cargotec, has developed an offshore crane featuring three-axis motion compensation to carry out installations, repairs, maintenance and general service duties in the renewable energy and oil and gas markets A 74m infield…
Aberdeen-based Schoolhill Hydraulic Engineering has signed a collaboration agreement with a North East England fabrication company. The collaboration with Teesside-based Francis Brown Engineering will enable both Schoolhill Hydraulic…
GE’s Power Conversion business has announced the launch of a new supervisory system designed for remote monitoring and diagnostics of its drives, machines and control systems operating in the field. Visor Asset Management system improves GE’s unique integrated marine systems solution…
Technology is a big focus for Subsea 7 during OTC week, with a raft of speakers from the firm talking on everything from Pipe-in-Pipe (PIP) developments to deepwater solutions. The firm’s latest kit—including the Seven Borealis—is also on show at the firm’s booth (1641)…
GE’s Power Conversion business (NYSE: GE) announces that they are bringing enhanced operability to the company’s Dynamic Positioning (DP) system. The latest version, being launched at OTC, is more energy-efficient, better integrated, and—most importantly—more ’mariner friendly’…