Rodi Marine Service signed a contract with Swiftships to build two additional 175 Foot DP-2 fast supply vessels (FSVs). The two additional vessels will be an extension of the two-boat order made by Rodi Marine in 2013. The Riley Claire…
Wärtsilä is acquiring L-3 Marine Systems International (L-3 MSI) from L-3 Communications Holdings in a US$353 million deal. L-3 MSI is a business sector within L-3's Electronic Systems business segment primarily focused on the commercial ship industry…
Peak Well Systems (Peak) commissioned two new ISO test facilities in Perth (Western Australia) and Aberdeen (UK). The new facilities provide a controlled environment in which to test downhole plug systems under extreme conditions for prolonged periods of time…
The Swiss-based Allseas Group selected Sonardyne’s Ranger 2 Ultra-Short Baseline (USBL) acoustic positioning system for the world’s largest pipelay and platform installation/decommissioning vessel, Pieter Schelte. The Ranger 2 USBL system…
SBM Offshore CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its backlog consisting of lease and operate income with dayrates not dependent on oil prices or production levels…
Bristow awarded Danos a contract to provide field support for Bristow’s six Gulf of Mexico bases. Five of the bases are located in Louisiana – Galliano, Houma, Intercoastal City, New Iberia and Venice – and one in Galveston, Texas. Executives…
Technip has completed the previously announced sale of its diving assets in the US Gulf of Mexico to Ranger Offshore Inc. As part of this transaction, Technip USA and Ranger Offshore have entered into a multiyear Diving Services Agreement covering Technip’s North America Region…
Norway’s Kleven awarded MacGregor a contract for six comprehensive deck handling equipment packages. Image from Cargotec. The contract will see MacGregor deliver Triplex 42 Multi-deck handlers…
French engineering firm Technip has dropped its big to make an offer for fellow French seismic acquisition and services firm CGG. Technip's shares rose 6% on the announcement, while CGG's dropped 30%. Technip, which first approached CGG over a possible offer on 10 November…
Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June…
EMGS and Seatrans signed an extended charter agreement for the EM Leader vessel. From EMGS. EMGS will charter the vessel for two years and has two options for a one-year extension…
China National Offshore Oil Corp. (CNOOC) and Kuwait Foreign Petroleum Exploration Co. (KUFPEC) signed three production sharing contracts (PSC) for Blocks 52/22, 52/26, and 63/13 located in the Yinggehai basin, in the South China Sea. According to the terms of the PSCs…
Schneider Electric and Electronic Power Design (EPD) are creating a partnership to produce Schneider Electric IEC equipment in the United States. Through this partnership, Schneider Electric will manufacture Okkenglobal products in the US for the first time…
Aberdeenshire-based Tritech International has relocated its design and production operations to a new site within the Cumbrian town of Ulverston. The company has been operating in Ulverston since 1986 and in July 2013 began ground works on a new purpose-built building…
Zamakona Yards has signed an initial two-year agreement with Finnish multinational GS-Hydro. The contract has an initial duration of two years. The agreement was signed 5 December in Zamakona Yards' Las Palmas Port offices by Borja Garaygordobil…
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