The Underwater Centre in Fort William, Scotland, has invested in two new barges to meet the demand for its commercial diving and ROV Pilot Technician training courses. The new vessels, the renamed Loch Sunart and Loch Scavaig, have been purchased from Western Ferries (Clyde) Limited…
InterMoor has been awarded a contract for design, fabrication and installation of 12 suction pile anchors, pre-set installation of 12 chain polyester chain mooring lines and hook-up of the LLOG Delta House production semi-submersible floating production system (FPS)…
Two agreements announced today will see subsea services firm DeepOcean take on a newbuild installation vessel and Norwegian shipyard Kleven undertake its largest order to date. DeepOcean has agreed to a five and a half year charter, starting March 2016…
North Sea drilling activity eased during Q3, 2013, following an encouraging Q2, according to a report into offshore activity from Deloitte's petroleum services group (PSG). The report found that the number of new wells drilled on the UK Continental Shelf (UKCS) fell by around one third…
Technip has won a contract from Qatar Petroleum for the engineering, procurement, installation and commissioning of a bridge linked living quarters platform and a utility platform. The project location is within Qatar Petroleum offshore facilities…
Subsea 7 has been awarded to new contracts for pipelay support vessels with Petrobras worth an estimated US$600 million. The contracts are for operation of the pipelay support vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years…
Bourbon announced that it sold three vessels, including a tug, an MPSV (multipurpose supply vessel) from the Subsea Services fleet and a PSV (platform supply vessel), for an approximate total amount of US$38 million generating a total capital gain of approximately US$18 million…
W&T Offshore Inc. is set to acquire a portion of Callon Petroleum Operating Co.'s Gulf of Mexico acreage, the company announced on October 18, 2013. W&T will take a 15% working interest in the Medusa field (deepwater Mississippi Canyon blocks 538 and 582)…
Forces transforming the global energy industry are presenting both opportunities and challenges for Russia, according to senior government and industry figures at the World Energy Congress in Korea. Alexander Novak, Minister of Energy…
The first decommissioning relief deeds have been presented by new Economic Secretary to the Treasury Nicky Morgan to senior representatives from the oil and gas industry. The deeds will provide greater certainty over the tax relief companies…
The US Gulf of Mexico (GOM) has clearly returned to the spotlight as one of the hottest offshore regions in the world. The impact of Macondo appears to be in the past and the number of both drilling rigs and major production projects are increasing…
Kosmos Energy has entered into three farm-out agreements with BP plc covering three blocks in the Agadir Basin, offshore Morocco. Under the agreement, BP will pick up 30% non-operating interest in Essaouira, 26.325% in Foum Assaka, and 45% in Tarhazoute…
The Canadian province of British Columbia released a comprehensive study assessing current marine-spill preparedness and response capabilities on 10 October 2013. The study also outlines necessary improvements to achieve a world-class system to ensure B…
Over the past week, the government shutdown has steadily crept into more sectors of the oil and gas industry. The Energy Information Administration (EIA) shuttered today, sending a message to subscribers at 1 pm ET that it would furlough…
Statoil Gulf Services, the North American subsidiary of the Norway’s Statoil, has signed a lease for 581,000 square feet in CityWestPlace to serve as their North American headquarters. The company already 225,000 square feet in the complex…