DeepWell has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed US$119 million (NOK 1 billion) over a four-year period…
Royal IHC and Tompkins UK Ltd. Have strengthened their strategic cooperation following IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture, which IHC and Tompkins created in 2015…
Blackhawk Specialty Tools has acquired the surge reduction business line of Allamon Tool Co. and its related intellectual property. The surge reduction business line includes Allamon’s diverter systems and ancillary cementing tools as well as a number of patents…
Electromagnetic Geoservices (EMGS) has ended a charter contract for the EM Leader, as its vessel utilization increased in Q2 2016, compared to last year. The EM Leader, from EMGS. The…
Siemens’ has added the SWT-8.0-154 to its offshore direct drive platform for wind turbine technology. The 8MW turbine is based on the existing offshore direct drive platform. The first SWT-8.0-154 will be installed in early 2017, and…
Noble Energy entered into a US$369 million definitive agreement with the Harel Group and Israel Infrastructure Fund (IIF) to offload 3% working interest in the Tamar field, offshore Israel. Image of the Tamar platform…
Royal IHC and Tompkins UK are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (that IHC and Tompkins created in 2015)…
MEO Australia has reached an agreement to assign its 50% interest in the WA-454-P exploration permit, in the Bonaparte Gulf, offshore northern Australia to Origin Energy Resources. MEO had actively sought an additional partner for WA…
The wind service operation vessel (SOV) for the Dutch Gemini project has been christened Windea la cour. The vessel is to set sail to start operations at the Gemini offshore wind power plant this summer. Siemens has supplied 150 wind turbines…
Norwegian Geotechnical Institute (NGI), an international center for geoscience research and consulting, and DONG Energy Wind Power signed a contract for the installation of 20 offshore wind turbine bucket foundations, called suction bucket jackets…
Statoil has completed a deal, selling 15% stake of the Edvard Grieg field to Lundin Petroleum, which will now increase the Norwegian giant’s shareholding in Lundin to 20.1%. The transaction also included the divestment of associated pipeline…
PJ Valves (PJV), a manufacturer and supplier of valves, has started a new piping business, PJ Piping (PJP), in response to demand in the market for a simplified pipe, valves and fittings (PVF) supplier process. Located in Houston, TX, the…
Stone Energy has terminated an existing long-term deepwater rig commitment with Ensco for a total consideration of US$20 million. The agreement includes approximately $5 million that was a deposit previously provided to Ensco pursuant to the drilling services contract…
Allseas, the operator of the Solitaire pipelay vessel, recently decided to repair parts of the 550sq m tank top in hold #6 which had corroded. After a detailed assessment was carried out, Allseas opted for Intelligent Engineering’s (IE’s)…
Inspection and measurement technology specialist, Optical Metrology Services (OMS), has completed the measurement phase of pipeline fit-up work for the Ichthys LNG project, which is located 220km offshore Western Australia. The project…
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