Looper Reed & McGraw is pleased to announce the addition of Julia Palmer and Carrie Weitinger as Members and Shannon Thorne and Monika Moore as Associates to its Houston office. The addition of these four attorneys has added great depth to the firm's Admiralty…
CNOOC, China's largest offshore oil and natural gas producer, barred from outright opeation of recently acquired Gulf of Mexico oilfields.The oilfields were acquired by CNOOC through its US$15-billion takeover of Canadian firm Nexen.The…
Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd.The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in 2008, registered and flagged in Panama…
Technip signs two agreements with State Corporation Russian Technologies (Rostec) for subsea equipment production.Technip and RT-Chemcomposite Holding Company, a Rostec subsidiary, signed a memorandum of understanding to express their intention…
TAQA, the global energy company based in Abu Dhabi, confirms a hydrocarbon release detected in one of the Cormorant Alplha platform legs.The hydrocarbons were discovered at 09.40 hours local UK time on Saturday, 2, March during maintenance work…
Wilhelmsen Ship Management (WSM) has opened a new ship management office in Bergen to serve the offshore sector.The largest growth in Norwegian shipping takes place in the offshore segment. Other ship owners in the region have also grown significantly…
Norwegian Ministry of Defense approves sale of Olavsvern naval base outside Tromsø.The sale is to the investor group Triko AS which includes Odfjell Drilling, PSW Rig Service and in cooperation with Petro Support Group will create a service center for the offshore petroleum industry…
Singapore's Swiber Holdings has been awarded subsea contracts in SE Asia worth approximately US$153-million. The contracts, with oil industry majors, mark the first wins in 2013, largely entail transportation and installation of pipelines and offshore structures in Southeast Asia…
The High-voltage submarine and underground cable link will bring reliable power to a remote island fishing community.ABB has received an order worth around $10 million, from Landsnet, the Icelandic transmission system operator, to supply a…
Sembcorp Marine's PPL Shipyard secures a repeat order for a jack-up rig worth US$208-million from Perisai (L) Inc.The second jack-up rig ordered by Perisai (L) Inc. a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd., will be built…
DNV's contract for classification & CVA (Certified Verification Authority) for Delta House floater marks new era of choice in the Gulf of Mexico.DNV has been awarded the classification contract for a new build floating production semi-submersible platform for the GoM…
Royal Dutch Shell plc will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas.Shell inform that the time out this season will be used to prepare equipment and plans for a resumption of activity at a later stage…
US-based Gulfland Structures is celebrating their fifth year of manufacturing safe and comfortable housing for offshore gas and oil rigs. Keeping workers safe and comfortable contributes greatly to productivity and overall happiness with the working environment…
The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen shows 15% increase.The increase will result in an approximate increase of 15 per cent in the estimates of undiscovered…
A provisional deal on proposed legislation for the safety of offshore oil and gas operations has been struck by MEPs and Council negotiators.Before oil and gas firms can get a licence to drill, the directive would require them to submit major…