The Board of Directors of Italy-based global energy corporation Eni has approved possible one or more bonds issues.The issue of the bonds is to be placed with institutional investors, with a value of up to a maximum amount of 3 billion euro…
Diamond Offshore Drilling order Moss CS60E design harsh environment semi-submersible drilling rig from Hyundai Heavy Industries, & charter it out to BP subsidiary.The 10,000 ft. dynamically positioned rig is expected to be delivered after November 2015…
Offshore Turbine Services (OTS) has ordered two more CTruk 20T MPCs for delivery in spring 2014. The inking of this latest order comes as the company prepare to name their fifth CTruk multi-purpose cat in Brightlingsea this week, the Commodore P…
Mike Sumruld has been named Vice President and Treasurer of the giant oil-field services provider.'Mike brings more than 20 years of diversified financial expertise, international experience and a record of solid performance within Baker Hughes to his new role as Treasurer…
First Minister of Scotland, Alex Salmond, officially opened subsea installation contractor Bibby Offshore’s new purpose-built headquarters, Atmosphere One.The company recently relocated from Aberdeen Harbour to the new office facility at Prospect Park…
Seadrill announces favourable first quarter 2013 financial results. Highlights • Seadrill records its best operating quarterly result ever and generates first quarter 2013 EBITDA*) of US$713 million • First quarter 2013 net income of US$440 million and earnings per share of US$0…
Wilhelmsen Technical Solutions (WTS) agree with Italy's Roccheggiani to supply Heating, Ventilation & Air Conditioning (HVAC) systems to the offshore market.The HVAC and air handling specialists join forces to offer improved solutions to shipyards for newbuilding and after sales projects…
KCA Deutag has won significant subsea drilling operation & maintenance contracts from core clients Total E&P UK, EnQuest & CNR International (CNRI).The company was awarded a contract with Total E&P UK to provide drilling operations and maintenance services on the Alwyn North and Dunbar platforms…
ITF (Industry Technology Facilitator) welcomes to its ranks Lloyds Register, the world's oldest certification authority.ITF, the technology facilitator for the global oil and gas industry, is a not-for-profit organisation owned by 30 international oil and gas operator and service companies…
The offshore vessel operator and builder, held its first ever officers’ conference in India, to be followed by similar gatherings in other countries.The inaugural event, at the Hyatt Hotel in New Delhi, was attended by more than 100 Merchant…
DNV Business Assurance receives approval to begin Safety and Environmental Management Systems (SEMS) audits of oil and gas drilling operators in the Gulf of Mexico & US Outer Continental Shelf.SEMS is the Safety and Environmental Management…
Keppel FELS delivers the KFELS Super B Class jackup rig, HAKURYU-11, to Japan Drilling Company (JDC).HAKURYU-11 will be chartered to the Con Son joint venture led by Petrovietnam. Built to Keppel’s advanced KFELS Super B Class design, it has…
The contract with Statoil is to provide a floating storage and offtake (FSO) unit for the Gina Krog oil & gas field located in North Sea.The contract will be serviced by a new FSO unit converted from the 1995-built shuttle tanker, Randgrid…
Oceanteam also says it continued its investment program in 2.000 / 4.000-ton modular carousel systems. Highlights for the first quarter of 2013:· Revenue from operations USD 16.5 million· EBITDA from operations is positive USD 7.2 million· Operating profit of USD 3…
Oil & Gas U.K. said it is pleased that a plenary vote in the European Parliament may see the introduction of a directive on offshore safety and environment.Robert Paterson, Oil & Gas U.K.’s health, safety and employment director, said: “Oil & Gas U…