Bergen Group Hanøytangen is in takeover talks with the owners of Norwegian decommissioning firm Scanmet AS. Bergen Group says Scanmet AS is among the oldest and most experienced companies in Norway that carry out decommissioning of oil installations in the North Sea…
The past few weeks have seen a string of profit warnings and capital spending cutbacks from global oil and gas exploration majors. Should oilfield service companies be worried that the good times are coming to an end? According to bank and investment company Investec…
Plexus Holdings has been awarded its first contract with Maersk Oil’s Danish business unit to supply surface wellhead and mudline equipment services for an exploration well in the Danish North Sea. The initial value of the contract is about £1…
Norway headquartered DeepOcean Group has moved into the offshore geotechnical services market by acquiring ageotechnical drilling rig and agreeing a strategic alliance with Swiss firm Geoquip Marine. The strategic alliance will see the…
Houston-based Helix Energy Solutions is to provide Petrobras with well intervention services for a minimum four years, using two new-build vessels. The two new monohull vessels, being built at the Flensburger shipyard in Germany for Norway’s…
Energy production technology services company Proserv has bought KRG Industries Ltd from majority shareholder Torishima Pump Mfg. Co. Ltd, (Torishima) in Japan. KRG provides precision engineering services to the oil and gas and aerospace and defense industries…
Operator Statoil is to use Technip for intervention services on its Åsgard subsea compression project in the Norwegian Sea. The Åsgard field lies on the Halten Bank in the Norwegian Sea, about 200km off Norway. TheÅsgard subsea compression…
Norwegian geoscience firm TGS has signed a Letter of Award with WesternGeco to charter the high-capacity 12-streamer vessel M/V Geco Eagle for 3D multi-client projects in Northwest Europe during the 2014 summer season. The charter will…
Vard Holdings Ltd., a Fincantieri company, has a contract with Bourbon to design and build an ice-class anchor-handling tug supply vessel (AHTS). The arctic AHTS vessel by Vard Design was developed for world-wide anchor handling and remote operations…
Deltamarin has signed a contract with Bumi Armada for the basic design of a floating production, storage and offloading (FPSO) unit. The move comes after Bumi Armada secured a contract to supply the FPSO to operate on EnQuest's Kraken field…
Able UK has been awarded a contract for the disposal of four offshore structures from the Shell operated Brent field in the North Sea. The contract will see three platform topsides, as well as a 138m-high steel platform jacket, transported from the Brent field…
Oil and gas engineering services business Plexus Holdings has announced an agreement to renew for an additional three years a supply contract with Wintershall Noordzee for surface wellhead and mudline equipment services in the Dutch North Sea…
Bibby Offshore picked up the company of the year award in Subsea UK's ninth annual business awards, held in Aberdeen. The event, attended by more than 800 people form the subsea sector, was held on the evening of the first day of the Subsea Expo conference and exhibition…
Belgium's Exmar and Canada's Pacific Rubiales Energy (PRE), through its wholly-owned affiliate Pacific Midstream Holding, announced the ordering of a barge-based floating LNG regasification unit under a 50/50 joint venture. The unit will…
The number of fields which began producing oil and gas in the UK hit its highest level for five years in 2013, as a number of operators focused on development activity. This is according to the latest report into offshore activity from Deloitte…
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