The group chief finance officer of United Arab Emirates-based rig builder Lamprell is to leave the business. Frank Nelson, who joined Lamprell last year, is to return to the UK for personal reasons, said Lamprell, which is due to announce its half year results tomorrow (August 29)…
Statoil has made a third discovery of crude oil in the Flemish Pass basin, offshore Newfoundland. The discovery was made on the Bay du Nord prospect (EL1112), located approximately 500km northeast of St. John’s, Newfoundland and Labrador…
Huisman has secured a contract for the delivery of a 1,500mt @ 32m “leg-encircling crane” for Seajacks new offshore wind farm installation vessel, Scylla. The contract for the 1,500mt crane was awarded to Huisman by the South Korean shipyard Samsung Heavy Industries…
Black Elk Energy has released a new, third-party investigative report concerning the fire and explosion on the West 32-E platform that killed three contract workers. The findings take a hard look at the contractors involved in maintenance operations prior to the incident…
Trunkline LNG Export, LLC awarded Technip a front-end engineering and design (FEED) contract for the potential expansion of the existing liquefied natural gas (LNG) import terminal located in Lake Charles, Louisiana. The potential expansion project includes a LNG liquefaction plant…
The International Association of Drilling Contractors (IADC) announced the formation of the Well Control Institute (WCI), a new industry body which will provide the drilling industry with a single, universal well control training and assessment standard…
Calgary-based BP Exploration (Canada) Ltd. has proposed a 3D seismic acquisition program over Exploration Licenses 2431, 2432, 2433 and 2434 (shown in dark green, center of map at right). The blocks are 230 to 370 km southeast of Halifax…
Rosneft and ExxonMobil have commenced the contractor selection process for design and engineering work at its proposed LNG project in the Russian Far East, Rosneft announced. In 2013-2014 Rosneft and ExxonMobil plan to complete design work…
Jaya Holdings signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique. The two-year contract, which includes charterer’s options has a value of more than US $20 million…
Intertek announces the launch of Intertek Asset Integrity Management (AIM) Surveying Services in Australia and Brazil, to provide clients 3D laser scanning and dimensional control services. Stuart Gordon is operations manager for Intertek Surveying Services (ISS) in Australia…
Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…
UK oil industry body Oil & Gas UK held a meeting with about 80 representatives from operators and major contractors today (Monday) after a helicopter carrying offshore workers crashed off the Shetland Islands, killing four. The CHC Helicopter…
In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…
Glacier Energy Services boosts portfolio and specialist offering with acquisition of Ross Offshore International oilfield specialist Glacier Energy Services today confirms the acquisition of Aberdeen-based Ross Offshore in a multi-million pound deal…
ALS entered into an agreement to acquire Reservoir Group for US $533 million (9.6 x Reservoir's FY2013 EBITDA). The transaction follows extensive due diligence undertaken by ALS on Reservoir as a part of an exclusive sale process. Reservoir…