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…
FMC Technologies Inc. announced today that it signed a 3-year contract with Pemex Exploration and Production to manufacture and supply surface wellheads to support drilling and well maintenance programs in the Gulf of Mexico. The award…
Tehran’s leadership has promised a new, attractive investment model for oil contracts by September, to woo Western business back into Iran. The pledge was made at the World Economic Forum meeting in Davos, Switzerland, yesterday. According to the Financial Times…
Petroleum Geophysical Services ASA (PGS) has launched its second Ramform Titan class vessel, the Ramform Atlas, at a naming ceremony in Nagasaki, Japan today. The vessel will typically tow a network of several hundred thousand recording sensors over an area greater than 12sq km…
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…
Gulf Coast Shipyard Group, a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets, announced today the launch of the first of six Harvey Gulf International Marine 302’ x 64’ dual-fuel Offshore Supply Vessels…
Prysmian Group, established a new headquarters in Houston, TX, under the responsibility of Robert Conners who joins the Group. With the strengthening of its operations in Houston and with professionals such as Robert Conners joining the company…
Maersk Drilling’s second and third ultra-deepwater drillships were named this morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer…
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…
Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
Kleven has signed a contract with Rem Offshore for the building of a platform support vessel (PSV) specially designed to operate in challenging arctic conditions (pictured). The type VS 485 MK III ARCTIC design includes a number of features for ice prevention and de-icing…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad’s wholly-owned subsidiaries, Armada Offshore OSV Ltd. and Bumi Armada Ltd. received letters of award (LOA) from Interoil Angola Limitada, a leading player…
Offshore support specialist Viking SeaTech has invested in a £1.5 million equipment upgrade. The overhaul to spoolers, coilers and chain inspection machines brings the company’s stock in line with the latest EU health, safety and environment (HSE) standards…
Nova Scotia's Fundy Tidal Inc. partnered in November 2013 with Dutch tidal turbine producer Tocardo International BV and Tribute Resources Inc. of London, Ontario The three firms will work to develop a $30-million project with a capacity for 3MW of tidal power at three locations around Digby…
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