Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Mermaid Maritime’s Indonesian business unit PT Seascape Surveys Indonesia has agreed an additional one-year charter for the DP2 multi-purpose support vessel (MPSV) Resolution. The Resolution is a remotely operated vehicle and air diving support vessel…
Repsol Sinopec Resources UK has exercised options to further extend the charter of the Safe Boreas semisubmersible accommodation vessel by a total of 21 days. The firm operational period of the Safe Boreas at Montrose A in the UK sector…
Repsol has lined up a rig to drill its Siluro-1 exploration well in block RC-11 offshore Colombia and plans to start drilling in Q2 this year. The Spanish oil firm has lined up Maersk Drilling's Maersk Developer deepwater semisubmersible for the shallow water job…
Offshore construction activity in the Middle East Gulf has remained buoyant, but that hasn’t stopped pressure on costs and dayrates. Mirzi Moralde, of IHS, outlines activity in the region. Saipem’s…
Hess is dedicated to bringing its Stampede project online on-time and on-budget, with safety being the key to success. Jerry Lee dives into the finer details of the project, slated for 2018. In September 2016…
Audrey Leon speaks with Lloyd’s Register about a new cloud-based software aimed at optimizing maintenance programs and reducing operational expenditures by up to 40%. Image from iStock. Managing…
Elaine Maslin reports on the launch of a new concept in AUV deployment, which sees six vehicles deployed in conjunction with USVs. The multi-AUV concept. Image from Swire Seabed. It…
Melissa Sustaita charts the progress of two of the Caspian region’s famed oil and gas projects, NCOC’s Kashagan and BP’s Shah Deniz. Last year (2016) had its share of peaks and valleys; however, it was a year of excellent progress for two huge projects in different sectors of the Caspian Sea…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill exploration well 6507/3-12 on the Mim prospect in the Norwegian Sea. Statoil is the operator for production licence 159B in block 6507/3 in the Norwegian Sea west of Sandnessjøen…
Norway’s Petroleum Safety Authority (PSA) has unveiled a number of failings, following an audit of Shell's management of the integrity of flexible risers, transfer lines and associated safety equipment on Knarr floating production and storage offloading (FPSO) unit…
Brazil’s Petrobras has terminated its contract for the Golar Spirit floating storage and regasification unit (FSRU) one year early, according to Golar LNG. Image from Golar LNG. Golar…
Maersk Supply Services has confirmed that two of its vessels have sunk off the coast of France today (22 December), while being towed to a Turkish shipyard for recycling. Image of one of the vessels that sunk off the coast of France…
Saipem has successfully completed sea trials of its new remotely operated vehicles (ROVs), the Innovator 2.0, and has obtained a declaration of compliance with Norsok U102 standards, as well as DNV GL certification. Innovator 2.0, a…
Seatools, a Dutch subsea technology company, introduced their new subsea hydraulic compensator range: the Advanced series. This subsea compensator range, based on the preceding Hyco range, is designed for improved robustness, durability, and standardization…