Wärtsilä and PGS Geophysical have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement, Wärtsilä will take care of the maintenance of engines and…
Norway’s Spectrum has dropped out of the race to acquire MultiClient Geophysical, after Geoex offered a bigger price tag for the company in a back and forth battle. Following Geoex’s announcement on 2 February of an increased offer price of NOK 1…
International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Golar LNG to supply the offshore market’s most energy efficient compressed air system to the Hilli FLNG vessel, which will operate offshore Cameroon…
Mammoet has successfully completed the process of weighing, transporting and lifting the modules of the P-76 FPSO platform for the Technip-Techint consortium at the Techint Offshore Unit in Pontal do Paraná - Brazil. Image of the P-76 FPSO…
Wood Group has been awarded a three-year global agreement with BP for the provision of conceptual engineering services, pre-front end engineering design (pre-FEED) and FEED engineering services. The agreement has an option to extend for two additional years…
Oceaneering International signed a long-term agreement with Mærsk Supply Service to provide eight work-class remotely operated vehicles (ROVs), survey and associated services, including subsea tooling, engineering, communication and data solutions…
Ocean Yield has terminated its bareboat charter contract with EMAS Chiyoda Subsea (ECS) for the Lewek Connector. The Lewek Connector, from EMAS. The two signed a short-term standstill deal for the vessel on 16 December…
Offshore Wind Consultants Ltd. (OWC), part of Oslo-listed Aqualis, has been awarded a framework agreement by Iberdrola to provide engineering and project management services for various wind farm projects offshore East Anglia, UK. Under the agreement…
Seadrill has been awarded a firm two-well contract, plus a two-well option with Statoil Canada for the West Aquarius, offshore eastern Canada. The contract is expected to start in Q2 2017, following the conclusion of the vessel’s current contract with Hibernia in early April 2017…
Global Maritime Consultancy & Engineering completed a suitability survey for the world’s second largest semisubmersible, the Xin Guang Hua, in advance of her maiden voyage. For the survey, Global Maritime carried out an independent assessment of all aspects of the vessel’s condition…
Norwest Energy has achieved the full farm-out of its 160 MMbbl Xanadu TP/15 prospect, off Western Australia, signing a binding term-sheet with 3C Group. 3C subsidiary, 3C Group IC Ltd., will contribute 40% of the well costs to earn a 30% interest in TP/15…
Saudi Aramco and Baker Hughes (BHI) have completed the first installation of the TransCoil rigless-deployed electrical submersible pumping (ESP) system, which is designed to help operators bring wells on production faster and lower the costs associated with installing and replacing ESPs…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 16/1-27. Well 16/1-27 will be drilled from the Island Innovator drilling facility, at position 58°50’18.11” north and 2°11’56.83” east, in a southwesterly…
Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March 2017, a deal that comes with an option for Sovcomflot to buy the vessel. Image of the Polarcus Nadia…
Actemium Angola and Actemium Oil & Gas Maintenance have been awarded an offshore multidisciplinary maintenance contract by Total E&P Angola. Under the multi-year agreement, Actemium will continue the offshore maintenance of the Girassol…
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