Offshore Regions News - page 1626


IKM wins GDF support contract

Jan 13, 2014

GDF Suez E&P Norge AS awarded the subsea operation support services contract to IKM Ocean Design. The contract involves operational management, administration and execution support of Inspection, Maintenance and Repair (IMR) for the Gjøa sealines system…

GE releases SemStar5

Jan 13, 2014

Demonstrating how GE technology helps operators extend the life of aging offshore production equipment, GE Oil & Gas is supplying Statoil Petroleum AS with its fifth generation SemStar5 Subsea Electronics Module to upgrade and extend the…

Sterling completes survey in Africa

Jan 13, 2014

UK-based exploration firm Sterling Energy, has provided an update on activities in its Ambilobe and Ampasindava blocks, offshore Madagascar. A 1314km 2D seismic acquisition program was completed on the Ampasindava Block in December 2013…

Chevron makes Alder decision

Jan 13, 2014

Chevron North Sea Ltd. will proceed with its high-pressure, high-temperature (HPHT) Alder field development in the North Sea after receiving regulatory approval. Discovered in 1975, Chevron says new technology has helped to unlock the central North Sea field…

Giant jackup order for Drydocks

Jan 13, 2014

Drydocks World (DDW) has signed an agreement with Drill One Capital to build what it is describing as the largest jackup ever built. The Dubai Expo 2020 NS jackup rig will be the first Gusto MSC CJ 80 design rig to be built. It has been designed to be operated in harsh environments…

AMEC eyes Foster Wheeler

Jan 13, 2014

UK-based engineering and project management firm AMEC has said it has made a provisional offer to buy Switzerland-headquartered Foster Wheeler AG for US$3.2 billion.Foster Wheeler is an international engineering, construction and project management contractor…

New CEO for OneSubsea

Jan 13, 2014

John Carne is to retire from his role as CEO of new joint venture OneSubsea on February 28, 2014, it has been announced.John has served as CEO of OneSubsea since the Cameron and Schlumberger joint venture was formed on June 30, 2013. Previously…

Petrofac exec to lead Kosmos

Jan 13, 2014

Petrofac's Integrated Energy Services (IES) business chief executive Andy Inglis is to leave the company at the end of February 2014 and join exploration firm Kosmos Energy as CEO and chairman, based in Dallas, Texas.Inglis will join the Kosmos board on March 1…

North Sea slowdown predicted

Jan 13, 2014

Wood Mackenzie’s annual UK upstream oil and gas review concluded that 2013 was a mixed year for the industry.Capital investment continued to increase, however, this was set against the backdrop of project delays, production underperformance and poor exploration success…

DeepOcean wins in Baltic Sea

Jan 10, 2014

DeepOcean AS, was awarded the contract for inspection of the Nord Stream gas export pipelines in the Baltic Sea by Nord Stream AG.“Winning the Nord Stream pipeline inspection contract in the Baltic Sea has been a key target for us,”commercial director Rolf Ivar Sørdal said…

Wärtsilä to supply LNG in Finland

Jan 10, 2014

Wärtsilä signed a turnkey contract to supply a LNG receiving terminal to be built in Tornio, northern Finland. The contract, valued at about US $136 million, was made with Manga LNG Oy, a joint venture between Finnish companies Outokumpu Group…

Halliburton opens Dharan tech center

Jan 10, 2014

Halliburton opened its new Unconventional and Reservoir Productivity Technology Center at King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran Techno-Valley. The new center enables Halliburton to provide research and development…

CIMC wins jackup orders

Jan 10, 2014

Yantai CIMC Raffles Offshore (CIMC Raffles) has won an order for two jackups from newcomer Central Shipping Monaco (CSM). The two rigs will be Friede & Goldman JU2000E design and scheduled to be delivered at the end of 2015. CSM also…

Fairmount delivers Ensco 5004

Jan 10, 2014

Fairmount Marine has delivered the drilling rig ENSCO 5004 in Malta at the endof a voyage that began offshore Rio de Janeiro.ENSCO 5004 is a 1982- built, 94.7m-long, and 70.4m-wide semisubmersible. It was towed from Rio de Janeiro to Malta…

Bourbon achieves US$770 million of vessel sales in 2013

Jan 10, 2014

Bourbon sells 12 additional vessels to ICBC Financial Leasing for US$378 million and concludes a new sale and bareboat charter agreement with Standard Chartered Bank for $150 million Bourbon announces the transfer of ownership of 12 vessels…

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