Helix Energy Solutions has confirmed an order for a second semisubmersible light well intervention rig from Sembcorp Marine subsidiary Jurong Shipyard. The US$346 million order is scheduled for delivery mid-2016, and will be built based…
The North Caspian Operating Company (NCOC), on behalf of the North Caspian Sea PSA consortium, has said the first well was opened and the initial volumes of oil are being produced from the Kashagan field. The first phase of production is from eight wells on an artificial island complex…
Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
SPE Offshore Europe 2013 in Aberdeen has celebrated its 40th birthday by staging its biggest and best conference and exhibition to date. This year’s theme was “The Next 50 Years”, representing the continuing success story of the industry in terms of future production and the strong supply chain…
Robert Gordon University (RGU) and Russian oilfield educational and engineering services company OILTEAM yesterday announced a partnership worth more than £1.2 million to train the next generation of Russia’s offshore energy professionals…
CGG announced its award by PETRONAS of a contract to acquire and process a 10,000sq km, 3D seismic survey program offshore Sabah and Sarawak in Malaysia using BroadSeisTM. The survey started in August and is due to last five months. The survey…
Seatronics Ltd., an Acteon company, and Zetechtics Ltd. have signed a global representative agreement for the Jupiter range of subsea ROV intervention control systems and associated products. The agreement includes the provision of rental…
This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…
The foundations of the global energy system are shifting and the lives of energy policy makers are not getting any easier. If they didn’t have enough to worry about with securing affordable, sustainable supplies of energy to meet national needs…
The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…
Jiangsu Yangzijiang Offshore Engineering Co. Ltd. (YZJOE) is ready to “strike steel” on the construction of a US$170million Le Tourneau Super 116E, self-elevating jackup for drilling in 350ft water depths. The detailed engineering phase has…
Fugro announced that it will enter into a new well services joint venture with Malaysia Oilfield Services company Bumi Armada Berhad. The companies will create a team consisting of members of both Fugro and Bumi Armada with skills in marine operations…
Atwood Oceanics, Inc. announced that one of its subsidiaries has been awarded a two-year contract extension by CEC International, Ltd. for the jackup Atwood Manta. The extension is priced at a day rate of $159,500 in Thailand and begins December 2…
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…