Successfully launched in March 2015, the CJ54 cantilever drilling jackup has recently received full basic design approval from the two major international offshore drilling classification societies: ABS and DNV GL. The CJ54 jackup…
Fugro entered into a sale and leaseback agreement with Icon Investments for two of its geotechnical vessels, the Fugro Scout and the Fugro Voyager. The Fugro Scout. Image courtesy of Fugro. The…
Nexans has awarded iSURVEY a multi-year frame agreement to provide navigation, positioning and survey support for its cable lay operations on board the C/S Nexans Skagerrak. iSURVEY will provide services including positioning and monitoring during cable lay and trenching operations…
Technip and Vallourec subsidiary Serimax signed an agreement in principle in order to achieve a strategic partnership in the domain of pipeline welding that will see Technip acquire a minority stake in Serimax. Image from Technip…
Det norske oljeselskap has received consent from the Norwegian Petroleum Safety Authority to use the Transocean Winner mobile drilling facility for production drilling and completion on the Volund field. Transocean Winner is a semi-submersible facility of the GVA 4000 type…
POSH Terasea secured a project to provide towage and positioning services for the Shell Prelude floating liquefied natural gas (FLNG) platform. As part of the project, POSH Terasea will tow the Shell Prelude FLNG over 3000nm from Samsung Shipyard in Geoje…
Protea has completed the manufacture of a comprehensive crane package for an FSO (floating, storage, and offloading) that will be chartered by Total for operation at the Martin Linge offshore development. Comprising of two deck cranes…
Italy’s Eni commenced production from the Mpungi field offshore Angola that will bring production ramp up in the West Hub Development Project to about 100,000 boe/d this quarter. N’Goma FPSO. Image from SBM Offshore…
Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…
ABS, a provider of classification services to the global marine and offshore industry, has signed a strategic cooperation agreement with Marine Design and Research Institute of China (MARIC) to expand collaboration, focusing on operational…
PACC Offshore Services Holdings (POSH), an Asia-based offshore marine services provider, has announced that it has entered into a joint venture (JV) and incorporated “POSH Saudi Co.” with Saudi Arabia’s Hmood Al-Khalaf Group as part of its plans to expand its presence in the Middle East…
A floating production vessel working on CNR International Banff field has become the latest victim to bad weather in the UK. The Teekay-owned Petrojarl Banff unit, based some 190km east of Aberdeen, saw two of its 10 achor lines 'lose tension' at around midnight on 3 January…
Houston-based Ensco received a cancelation notice from Brazilian giant Petrobras for the DS-5 drilling rig, citing improper payments. Image of the Ensco DS-5 drillship. Courtesy of Ensco. Last year…
Statoil has been looking for a way to make tank cleaning on supply vessels safer and more effective. M-I SWACO, a Schlumberger company, has developed a technological solution and has now been awarded a contract with Statoil that is valued at around US$55…
Polarcus has gained full support from key stakeholders to move forward with the restructuring of the company in an effort to reduce its debt. The Polarcus Nadia. Image courtesy of Polarcus. Key…