Malaysian state oil firm Petronas is due to start drilling offshore Suriname next month, the country's state oil firm says. Staatsolie says Petronas, with partner DEA, a German company, has lined up the Rowan Company's Ralph Coffman…
Transocean has listed one rig as held for sale and inked three new contracts, including a new contract for its Dhirubhai Deepwater KG2 ultra deepwater drillship, currently based offshore east India. The rate for the vessel is undisclosed…
Tidal energy firm Atlantis is looking to form a joint venture to develop a 150MW tidal stream site off Indonesia. The firm is joining forces with SBS, a privately owned international marine, subsea and renewable energy developer, which…
DOF Subsea has been awarded more than US$61.6 million (NOK 500 million) in IMR and subsea installation contracts in several regions, including key work on Eni's OCTP project offshore Ghana. DOF was awarded an FPSO mooring installation…
The repair of the Polyarnaya Zvezda and Severnoye Siyaniye, sixth generation semisubmersible mobile offshore drilling units (MODU), have been completed under the survey of Russian Maritime Register of Shipping (RS) at Yantai CIMC Raffles Offshore Shipyard in Yantai…
Singapore-based Ezra Holdings is set to divest its largest floating production and storage offloading (FPSO) unit, the Lewek EMAS, in efforts to step away from the ownership of FPSO assets and streamline resources, the company revealed in its 1H 2016 report…
GE Oil & Gas and SapuraKencana Well Services have agreed an Asia-Pacific deal to deliver light well intervention services, which they say will unlock previously uneconomic subsea intervention activity. The strategic alliance will enable oil and gas operators to bring wells into production…
India’s Oil & Natural Gas (ONGC) has awarded Fugro a contract for the provision of remotely operated vehicle (ROV) services on board the drillship Sagar Vijay, off the east coast of India. Under the contract, Fugro will provide support for deepwater drilling operations in depths up to 900m…
While Ensco adds two more rigs to its cold-stacked list, the rig provider sold one of its semisubmersibles for US$1 million. The Houston-based company has also seen several of its contracts shortened. Image from Ensco…
Polarcus has received a letter of intent from an undisclosed client for a 3D marine seismic contract in Indonesia using the Polarcus' XArray (TM) technique for enhanced productivity and data quality. Cameron Astill, Senior Vice President Asia Pacific…
Mubadala Petroleum is set to commence drilling operations at the Sri Trang-1 exploration well in mid-May, offshore Thailand. The well is approximately 18km north-northeast of the Manora oil development, in the Gulf of Thailand and within the G1/48 concession…
Wood Group has acquired Ingenious Inc., a supplier of proprietary software and consulting services to the global chemical, oil and gas, and energy industries. The acquisition provides a manufacturing operations management systems capability…
The TRIYARDS Holdings built Lewek Constellation ice-class DP3 multi-lay vessel, was named Support Vessel of the Year at the 2016 Offshore Support Journal (OSJ) Awards. Only offshore support vessels (OSVs) deemed to have raised the bar…
Offshore rig count for March 2016 declined 33.4% when compared to March 2015, and 5% compared to February 2016. Image from Baker Hughes Twitter. According to Baker Hughes, there were a total of 241 vessels operating last month…
Wärtsilä has been awarded the contract to provide the design for a new jackup lift vessel. The contract was signed in March with a well-known Chinese yard and includes an option for three additional vessels. The Wärtsilä design was developed in collaboration with Altis…