Sonardyne Asia Pte Ltd. to launch ALDS (Automatic Leak Detection Sonar} at upcoming OSEA Singapore expo.ALDS has been designed to continuously and automatically detect and localise oil and gas leaks below 1 barrel per day in excess of 500…
A subsidiary of Seadrill to buy the ultra-deepwater semi-submersible rig 'Songa Eclipse' for a price of US$ 590-million.The rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in December 2013…
Global offshore positioning specialists Veripos introduce a new inertially-aided precision GNSS solution for dynamically positioned vessels.The new system, Verify Axiom, combines tthe latest GNSS positioning technology advances with high…
Norway's Marin Teknikk AS wins Otto Candies of Louisiana contract to design & engineer a Subsea Support & Construction (SSCV) vessel.The vessel will be built at the owner's private shipyard, Candies Shipbuilders to a new design from Marin Teknikk – MT6020…
The joint venture company, OneSubsea, is to manufacture and develop products, systems and services for the subsea oil and gas market.This new company intends to offer a step change in reservoir recovery for the subsea oil and gas industry…
The Coast Guard suspends the search for two missing crewmembers, following the Black Elk platform explosion and fire.US Coast Guard crews searched a 1,400 square-mile area in the Gulf of Mexico around Grand Isle for more than 32 hours in an effort to locate the two missing crewmembers…
Coast Guard search continues for missing personnel following blaze on an oil platform in the Gulf of MexicoThe fire on a shallow-water drilling oil production platform began while workers were using a torch to cut an oil line, reports Associated Press…
Pacific Drilling's ultra-deepwater drillship the 'Pacific Khamsin' contracted by a subsidiary of Chevron Corporation for operations in West Africa.The minimum duration of the contract is for an initial two-year term, with contract commencement expected by end of the third quarter of 2013…
QGOG Constellation S.A. exercise a Samsung Heavy Indurstries contract option for an advanced capability DP3 drillship.This will be the third drillship ordered from SHI in South Korea and is scheduled to be delivered in December 2014.The…
BP Exploration and Production Inc. Agrees to Plead Guilty to Felony Manslaughter, Environmental Crimes and Obstruction of Congress Surrounding Deepwater Horizon Incident; BP Agrees to Pay a Record $4 Billion in Criminal Fines and Penalties Two…
Atlantic Petroleum gains entry to Norwegian Continental Shelf energy exploration through acquisition of Emergy Exploration AS.Atlantic Petroleum has issued a voluntary offer for 100% of the shares in Emergy Exploration AS, an independent…
Aberdeen (Scotland) based global shipping and energy services firm, Craig Group, has announced healthy results for the year ending April 2012.The privately owned, family-run business has reported turnover of £123.3 million with operating profits of £14…
Multraship takes delivery of Multrasalvor 3 built by Damen Shipyards for work offshore UK.Multraship continues to invest in its diverse fleet of towage and salvage vessels to help provide the highest levels of responsive service to the international shipping industry…
Houston-based Forum Energy Technologies contracted by Cummings Consulting to supply two Sub-Atlantic Mojave Systems ROV's.Both of the Mojave ROVs (Remotely Operated Vehicles) will be equipped with job specific tooling systems such as; electric winches…
Dolphin Marine, suppliers of marine geophysical services, presents Q3 and first nine months of 2012 financial resultsHighlights:· Revenues of USD 61.2 million, compared to USD 43.0 million in Q3 2011 · EBITDA of USD 28.9 million (47…