Norway-based Kvaerner's Q2 earnings fell but the firm saw an increase in order intake and growth on existing projects, according to its latest results. During the second quarter, Kvaerner completed three large offshore platform…
UK oil and gas engineering firm FES International has won a US$1.2million (£700,000) contract to supply four diverless bend stiffener connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year, with a combined value of almost $5million…
Norway's Westcon is to start its 20th year as a rig modification yard by welcoming the world’s largest jack-up rig Maersk Intrepid (pictured). The newbuild jackup, which built at Keppel FELS' yard in Singapore for Denmark's Maersk Drilling and was completed in March…
Maersk Drilling has taken delivery of its first ultra harsh environment jackup, Maersk Intrepid, from the Keppel FELS shipyard in Singapore on time. Maersk Intrepid will start its mobilization to the Norwegian North Sea in about two weeks…
Maersk Drilling has named its latest ultra harsh environment jackup drilling rig, the Maersk Intrepid, ahead of its first deployment development drilling on the Martin Linge field offshore Norway. Maersk Intrepid is the first…
Three newbuild jackups based on the XL Enhanced design will hit the market in 2014, 2015, and 2016. Photo from Maersk Drilling. A number of rig providers are increasing their fleet with builds over the next three years…
Rosenberg WorleyParsons has been awarded a hook up and commissioning contract by Technip for the Martin Linge platform (concept pictured, right), operated by Total E&P Norge in the Norwegian NorthSea. The estimated contract revenue to Rosenberg WorleyParsons is US$92 million…
With the world economy once again on an upward trajectory, 2014 is likely to see a number of key oil and gas projects rise to the fore. Meanwhile, exploration and production trend towards evermore challenging waters and is anticipated to…
Norwegian engineering and construction firm Kvaerner has opened an office in Moscow to position itself for future arctic construction projects. Kvaerner's office in Moscow is being led by Andrey Plotnikov, with a staff of 10 people currently focusing on business development activities…
First oil on the Ekofisk South project in the Norwegian part of the North Sea has started. The project will increase oil recovery in the Ekofisk field, located in the PL 018 licence and operated by ConocoPhillips. Production capacity at Ekofisk South is 70…
Scandinavia’s oil and gas industry, focused on Norway and Denmark, is expecting a resurgence. Espen Erlingsen looks at trends in the sector. The North Sea is characterized by large, producing platforms with declining production. To stop the falling production in the North Sea…
Subsea 7 has posted a record backlog of US$10.4 billion for Q2 2013, with tendering continuing to be high into Q3. But profits were hit by a US$300 million loss provision on the Guará-Lula NE project, offshore Brazil. Jean Cahuzac…
The subsea industry is doing incredibly well, but it needs to reduce costs and invest more in technology development—according to the key note speaker at this week's UTC 2013. Kristian Siem, chairman of Subsea7 and its parent company Siem Industries…
Singapore-based SMOE has awarded a Letter of Intent for the delivery of the living quarters for the Ivar Aasen platform to Apply. Det norske is the operator of the Ivar Aasen field.The project will be carried out by Apply’s business area LQ & Helidecks…
GE Oil & Gas 2013 Annual Meeting, in its 14th consecutive year, was attended by more than 1000 oil and gas industry executives from over 70 countries. Meg Chesshyre joined the multitude in Florence, Italy.Gorgon module loading at Avenza, ItalyAt the beginning of the two day event…
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