Wintershall has exercised the first of two six-month options for the jack up rig Energy Endeavour with Northern Offshoresubsidiary Northern Offshore U.K. The start date of the option period will be in direct continuation,following the end of the well in progress on 1 May 2014…
PEMEX Exploración y Producción (PEP) has chosen a Spanish ship builder for the construction of two ship-shaped flotels. One will be built at the Navantias' Ferrol Estuary shipyard on the northwest coast of Spain. The construction of the…
Statoil recently halted production on the Statfjord C platform off Norway after a “limited” oil leak in to the Norwegian Sea. No injuries were reported by the firm, but its 270 crewmembers were boarded lifeboats until the leak was identified and stopped…
HitecVision acquired all of GC Rieber Shipping's remaining shares in subsea services provider Reef Subsea, the company announced 28 Jan 2014. HitecVision will now hold 100% of the shares in Reef Subsea. HitecVision expects to receive full ownership by March…
CGG and Spectrum announced that the acquisition of the high-end BroadSeisTM 3D multi-client survey program offshore Brazil in the Foz do Amazonas basin commenced early January as planned. The two companies are working as equal partners on this project…
Transport Malta will collaborate with the Norwegian Coastal Administration to strengthen the country's maritime pollution response. During the launching of the project “Oil / HNS Spill Response Capacity Building For The Protection Of Malta’s Seas…
Renewables industry body Scottish Renewables has revealed figures which suggest Scotland's offshore wind sector is under threat from an investment hiatus. The body has revealed figures it has obtained from major developers showing these…
BG Group has cut its 2014-15 production forecasts and issued a series of force majeure notices under its LNG agreements in Egypt. The notices are due to the diversion of gas volumes to domestic markets in excess of existing pooling arrangements…
Offshore engineering, construction, and support services firm Sembmarine SLP is investing in additional facilities in Lowestoft and Aberdeen. In Lowestoft, the company's Offshore Services Group has just moved into new premises at Newcombe House…
The UK's National Renewable Energy Centre (Narec) has signed a memorandum of understanding (MOU) with the Technical Research Institute of Sweden (SP). The MoU see the two parties agree to further collaborative R&D activities and to establish a formalized strategic partnership…
Mexican state-owned oil company Petroleos Mexicanos says it will not begin exporting high-quality Olmeca crude to Europe until the second half of February. Pemex said on 6 Jan, that exports of the extra-light Olmeca would begin in January…
A UK-based marine renewables consultancy has signed a memorandum of understanding with a German firm to finance and built a new construction vessel, the Hi Flo 4. Mojo Maritime, based in Falmouth, signed the MOU with Hammonia Reederei GmbH & Co…
Back deck equipment firm Maritime Developments has launched a new equipment hire division. The company, which has operations in Aberdeen and Peterhead, is on track to increase turnover to £12 million for its year-end in March 2014, a projected rise of 110% on its 2013 figure of £5…
The UK Government has opened the country's 28th offshore oil and gas exploration licensing round, amid concerns about a slow-down in the basin. Wood Mackenzie’s annual review of UK upstream oil and gas said capital investment continued to increase…
Parker Hannifin's instrumentation products division in Barnstaple, UK, is to supply valves and tube connection fittings for the Gina Krog deveopment offshore Norway. The Statoil-operated Gina Krog (formerly known as Dagny) field development is a gas…
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