McDermott International, Inc. announced today that one of its joint venture companies, Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd. (“QMW”), recently completed a fast-track compression process module fabrication subcontract for Jord Oil & Gas Systems B…
Statoil has today, 7 January, awarded the service contracts for seven bases for the company in Norway. These contracts have been awarded to NorSea Group AS, Saga Fjordbase AS and Asco Norge AS. The contracts awarded include terminal and…
AVEVA Group plc one of the world's leading providers of engineering design and information management solutions has acquired 8over8 Limited from management and certain private individuals. 8over8 is a software business, headquartered in Northern Ireland with operations in North America…
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines 'vessel utilisation' as the percentage of the vessel charter period spent on contracted or multi-client data acquisition…
For the fourth consecutive year, Harris CapRock Communications has been ranked number one on The Independent Top Twenty listing by the World Teleport Association (WTA). The company also ranked fifth on The Global Top Twenty in 2014 based on total revenue and year-over-year growth…
Specialised shipbuilder Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured two contracts worth a total of about S$65 million.The first contract was awarded by Seaways International Pte…
Transpetro’s board of directors approved CEO José Sergio de Oliveira Machado’s request to extend unpaid leave to January 21, 2015. The decision was made at a meeting held on January 5, 2015, Petrobras announced. Cláudio Ribeiro Teixeira…
Tank level monitoring is a common wireless application used in upstream pumping, oil and gas, wastewater, agriculture and other industrial applications to eliminate run-outs and overflows while optimizing and ensuring the integrity of operations…
Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf…
BW Offshore and Seagull Oil & Gas are cooperating to develop training material for the offshore industry.Building on a training relationship stretching back almost two decades, BW Offshore and Seagull are developing new training material to cover BW Offshore’s process and production operations…
USS Fort Worth joins USS Sampson (DDG 102), which has been on station since Dec. 29.Fort Worth is the littoral combat ship (LCS) on a rotational deployment to the U.S. 7th Fleet and brings maneuverability, speed and a shallow draft, which…
Otto Marine Limited sold an Anchor Handling Tug Supply Vessel to a renowned unrelated third party for US$100 million.DNV classed and Norwegian-designed, the VS491 21,000 bhp AHTS is a hybrid propulsion diesel electric driven vessel with dynamic positioning 2 (DP2) technology…
Senior Chinese and Vietnamese officials have agreed to settle their maritime disputes without resorting to 'megaphone diplomacy', the official Xinhua news service said on Saturday.The agency's report follows a meeting in Hanoi on Friday…
Ithaca Energy Inc. announced the appointment of Mr Roy Buchan as Chief Operations Officer, starting 5 January 2015.Mr Buchan has over 30 years of operational experience in the oil and gas industry. He has held various technical and senior…
Yamal is seen as the future of the Russian gas industryDevelopment of an unparalleled gas production center is well underway in Yamal, in harsh Arctic latitudes. The annual design capacity at Bovanenkovo has already amounted to 90 billion cubic meters of gas…