Singapore-based Ezra Holdings is set to divest its largest floating production and storage offloading (FPSO) unit, the Lewek EMAS, in efforts to step away from the ownership of FPSO assets and streamline resources, the company revealed in its 1H 2016 report…
Bibby Offshore’s Norway division, Bibby Offshore, secured its first contract in the Norwegian region with ConocoPhillips Skandinavia. Managed from Bibby Offshore’s Stavanger office, the workscope involves project management, installation engineering…
DeepOcean and Tullow have entered a three-year contract for vessel operations, offshore Ghana. DeepOcean’s Ghana arm will provide a light construction vessel (LCV) to Tulllow Ghana in the agreement, which comes with options for two further years…
The Trans Adriatic Pipeline joint venture has awarded Saipem an engineering, procurement, construction and installation (EPCI) contract for the offshore section of the Trans Adriatic Pipeline project. Image of the Castoro 10…
India’s Oil & Natural Gas (ONGC) has awarded Fugro a contract for the provision of remotely operated vehicle (ROV) services on board the drillship Sagar Vijay, off the east coast of India. Under the contract, Fugro will provide support for deepwater drilling operations in depths up to 900m…
While Ensco adds two more rigs to its cold-stacked list, the rig provider sold one of its semisubmersibles for US$1 million. The Houston-based company has also seen several of its contracts shortened. Image from Ensco…
ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1050ft (320m)…
DOF subsidiary DOF Rederi has entered into agreements with both Nexen Petroleum UK and Maersk Oil North Sea UK for charter contracts in the North Sea. With Nexen, a contract is scheduled to start in May for the Skandi Marstein in the North Sea…
Australia's Woodside Energy and Norway's Siem Offshore entered into a five-year charter contract for the delivery of Australia’s first liquefied natural gas (LNG) powered marine support vessel in 2017. Woodside chief operations officer…
Vessel builder VARD, vessel operator DOF and subsea firm Technip celebrated the christening of the newbuild Skandi Açu pipelay support vessel (PLSV) at Dutch offshore equipment manufacturer and engineer Huisman in the Netherlands. The…
IKM Testing in Aberdeen has been awarded a multimillion dollar pre-commissioning services frame agreement by Bibby Offshore. The three-year contract, with the provision to be extended by a further two years, spans (3) DSVs, (1) CSV and…
Brazil’s Petroleo Brasileiro (Petrobras) has sent its second cancelation notice this year to Athens-based DryShips, to terminate a vessel contract 16 months ahead of schedule that will set the company back nearly US$3 million. Image from Petrobras…
Mubadala Petroleum is set to commence drilling operations at the Sri Trang-1 exploration well in mid-May, offshore Thailand. The well is approximately 18km north-northeast of the Manora oil development, in the Gulf of Thailand and within the G1/48 concession…
The Cross Group has successfully completed subsea live well intervention operations on three TFL (through-flowline) template wells in the US Gulf of Mexico using its 3-1/16in 10,000 psi subsea convertible live well intervention package in 1800ft of water…
Norway’s Petroleum Safety Authority (PSA) has revealed in its investigation of a fatality aboard the COSL Innovator, that the rig was not built to endure weather conditions that occurred on the night of 30 December, however, COSL Drilling Europe conducted its own heavy-hitter investigation…