60th Annual Census: North American rig fleet gains while activity level drops. In the U.S. and Canada, additions to fleets increased availability, while activity decreased. The global offshore mobile fleet posted another modest gain, with 42 newbuilds entering service in the last year…
McDermott International, Inc. announced today that one of its subsidiaries was awarded an engineering, procurement, construction and installation (EPCI) project for a customer in the Arabian Gulf. The contract is worth about US$200 million and includes the fabrication…
Sterling Resources Ltd. has said production will be shut-in at the RWE Dea UK-operated Breagh platform in the southern North Sea for up to two months. Mechanical issues were discovered at the inlet area of the Teesside Gas Processing…
First gas has been produced from the Jasmine field in the central UK North Sea. Jasmine, operated by ConocoPhillips, is the largest discovery to come onstream in the North Sea since the giant Buzzard field began production in 2007, according to BG Group…
Tekmar Energy has launched a new cable protection system to help reduce installation time and costs, and minimise associated cable risks onshore. The TekTube cable protection system is an onshore-installed solution, to reduce project time and complexity offshore…
Aberdeen’s two universities have both now founded energy institutes to build on their existing oil and gas expertise. Robert Gordon University (RGU) in Aberdeen has said it is to set up an International Institute for Oil and Gas. The new institute…
Royal Boskalis Westminster N.V. (Boskalis) and Royal Volker Wessels Stevin N.V. (VolkerWessels) have formed a joint venture to carry out offshore cable installation. Boskalis and VolkerWessels each hold a 50% stake in the joint venture Visser & Smit Marine Contracting Holding B…
The National Science Foundation's (NSF) research vessel (R/V) Sikuliaq will spend its first winter on the Great Lakes before making the long journey to its home port in Seward, Alaska. Sikuliaq, pronounced 'see-KOO-lee-ack,' is slated to arrive in Alaska during spring 2015…
Mammoet released this video detailing the load out of the Bien Dong topside, a 12,000 ton structure, destined for its home in the Nam Con Son basin offshore southern Vietnam.
BP announced that it increased its fleet on Tuesday, announcing that it added two drilling rigs to the deepwater Gulf of Mexico (GOM). BP’s count now stands at nine rigs - a company record. Following the end of its year-long moratorium imposed in 2010…
Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term, according to industry analysts Wood Mackenzie…
Saipem has opened its new Edmonton indoor fabrication yard in Alberta, Canada. The new facility will allow Saipem to accelerate project delivery by maintaining workforce activity and a safe working environment during bad weather. The yard is northeast of Edmonton…
Rosneft, Gazprombank, Sovcomflot and Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) have signed a Memorandum of Understanding on key terms of cooperation to establish shipbuilding and industrial cluster in the southern part of Primorskiy Krai (Russian Far East)…
Statoil and its partners Centrica and ExxonMobil have decided to extend production at the Statfjord A platform in the North Sea until 2020. Statoil said an active drilling program was contributing to the continued maturation of recoverable reserves on Statfjord…
ClampOn has been awarded a contract from Saipem for the supply of ClampOn Subsea CEM, Corrosion-Erosion Monitors. This is one of the largest contracts received by ClampOn to date. The CEM systems will be configured with the firm's…