Red Emperor Resources is raising US$4.4 million (AU$5.76 million) for its upcoming drilling a appraisal program offshore the Philippines. The Maersk Venturer. From Maersk. The activity will take place in the deepwater Block SC55…
Siemens has celebrated the official christenings of the offshore wind industry’s first, purpose-built service operation vessels (SOV). The christening events took place in cooperation with Esvagt, owner of the two vessels, in Rostock, Germany…
Subsea cable and connector specialist Hydro Group has further strengthened its portfolio with the addition of a new state-of-the-art hydrostatic pressure vessel, following a US$393,000 (£250,000) investment. The 2.5m by 1.5m vessel…
Supermajor BP is a step closer to starting up its US$7 billion (£4.5 billion) west of Shetland Clair Ridge development after a major heavy lifting installation campaign. BP, with partners ConocoPhillips, Chevron and Shell, oversaw the…
Unique Group, formerly known as Unique Maritime Group, has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of US$100 million…
UK-based subsea inspection, repair and maintenance sector firm Harkand has started work with Premier Oil supporting the Solan field development, West of Shetland. Harkand's multi-purpose service vessel Siem Spearfish, which is on long-term charter to Harkand…
Suncor Energy Norge's Niobe exploration well has been classified as a dry well, according to the Norwegian Petroleum Directorate. The well, 25/10-13 S, in production licence 571, was drilled in 119mm water depth, in the central part of…
Oil and gas industry service provider Petrofac has selected a range of Alfa Laval environmental products for the new Petrofac JSD6000. Alfa Laval PureDry, PureBilge and PureBallast will all be installed aboard this derrick lay vessel. “One…
As expected, Hercules Offshore Inc. plans to file for Chapter 11 bankruptcy protection next month as a final solution to its US$1.2 billion debt woes. The firm is one of the first to crash and burn as a result of insufficient cash flow due…
Louisiana-based LLOG Exploration Offshore (LLOG) awarded Houston-based McDermott International a lump sum contract to support LLOG’s Otis development located in the Gulf of Mexico. LV 105. From McDermott…
Optimus Seventh Generation, an Aberdeen-headquartered behavioral change consultancy, has strengthened its safety portfolio by securing its first decommissioning contract in a six-figure agreement with a major North Sea operator. The four-month contract…
Subsea connector specialist First Subsea is supplying a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s new Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian sector of the North Sea…
Vantage Drilling Co. retained Lazard Freres & Co. to offer advice with respect to financing and strategic opportunities. The board of directors has retained Lazard to evaluate financing opportunities, strengthen and expand management's analysis…
The Norwegian Petroleum Directorate granted Wintershall Norge a drilling permit for exploration well 10/4-1 in the North Sea. Well 10/4-1. From NPD. 10/4-1 is located in production license 734…
Tullow Oil is plugging and abandoning its Zumba exploration well (6507/11-11) in license area PL 591 in the Norwegian Sea, after failing to encounter hydrocarbons. The primary objective of the well was to prove hydrocarbons in the Upper…