Interim financial results for Q1 2013 show a strong start to 2013 by Maersk Drilling.With an increase in profit to USD 146 million in the first quarter of 2013 from USD 123 million in first quarter of 2012, Maersk Drilling has come off to a good start in 2013…
Hercules Offshore agrees sale of 11 inland barge rigs, which includes three active rigs, eight cold stacked rigs and related assets (Inland Asset Package) for cash proceeds of approximately $45 million.Excluded from the 'Inland Asset Package' are the Hercules 27…
The Board of Directors of the company elected Ian C. Strachan to serve as Chairman of the Board effective May 18, 2013.Mr. Strachan replaces J. Michael Talbert who was not re-elected at the company's annual general meeting held on May 17, 2013…
FMC Technologies receives subsea equipment order for ExxonMobil's Julia Development field.The Julia field is located in the Gulf of Mexico Walker Ridge area in approximately 7,000 feet (2,100 meter) water depth. FMC Technologies' scope of supply includes six subsea trees…
New contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since April 18, 2013 are included.Highlights are as follows: Deepwater Millennium - Awarded a two-year…
Nearly 250 first responders participated in a National Preparedness Response Exercise Program in Los Angeles including U.S. Coast Guard, Chevron, California Department of Fish and Wildlife Office of Spill Prevention and Response, NOAA, Bureau of Safety and Environmental Enforcement…
Petrobras CEO, Maria das Graças Silva Foster – named one of the world’s 100 most influential people by Time magazine in 2012 – will be a keynote speaker for the New Frontiers roundtable at Nor-Shipping’s Agenda Offshore conference on June 5…
Energy advisors Douglas-Westwood will present at All Energy 2013, in Aberdeen, May 22, and Frank Wright, Renewable Energy Manager, will outline findings of the soon to be released Offshore Wind Market Forecast, giving a global overview of the industry through to 2022…
Subsea 7 S.A. announce a contract award by Pemex to its Mexican joint venture valued at approximately US$90-million.The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers (a slug catcher is a storage vessel used to separate oil…
Cargotec's MacGregor contracted by Hornbeck Offshore Services Inc. to deliver 4 AHC cranes for 4 multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015, and the value of the order…
ABB has delivered subsea transformers for fields in the North & Norwegian seas & the Gulf of Mexico for operation at depths of up to 2,000 m. Subsea transformers are an ABB innovation. Deployed in extreme conditions in ultra-deepwater, these…
Ulstein Verft delivered Blue Thunder, the fourth of six medium-sized platform supply vessels of the PX121 design from Ulsteinto Blue Ship Invest, on Monday, May 13, 2013.Owned by Blue Ship Invest, a wholly-owned company in Ulstein Group…
Two new Rule-sets approved at the first Offshore Technical Committee (OTC) held at LR's Global Technology Centre in Singapore.Lloyd's Register say that these two new rule-sets will be made public later this month (May 2013). The Floating Offshore…
Aker Solutions awarded contract for offshore engineering services to support Husky Energy at White Rose field.The scope of work includes studies, modifications (EPCI) and campaign maintenance services. The duration is five years with an option…
GE continues to expand its technology portfolio to address the challenges of offshore drilling & production and the rigors of deepwater drilling. Several GE business units showcased their latest products and services for the offshore sector in at the 2013 Offshore Technology Conference (OTC)…