A drill-bit from 'Noble Discoverer' touched sea floor in the US Chukchi Sea, but drilling soon had to cease as sea ice began to encroach.Shell inform:As a precautionary measure and in accordance with our approved Chukchi Sea Ice Management Plan…
COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore.The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund…
Shell accepts US$560-million offer from Plains Exploration & Production (PXP for working interest in Gulf of Mexico Holstein asset.Shell received an unsolicited offer from PXP for Shell’s working interest. The transaction is effective October 1…
InterMoor, an Acteon company, completes installation of the drilling and production conductors for the Papa Terra offshoref Brazil.Petrobras serves as the operator of the Papa Terra concession with a 62.5 percent interest; Chevron holds the remaining 37…
Consistency and Quality Are Hallmarks of Ecosse Subsea Systems’ Growing Engineering DivisionEnergy technology company, Ecosse Subsea Systems, (ESS) has increased the size of its engineering division in response to client demand for specialist engineering packages…
Esa Ikaheimonen Joins Transocean Ltd.Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Esa Ikäheimonen will succeed Gregory L. Cauthen as Executive Vice President and Chief Financial Officer on November 15, 2012. Based in Geneva…
Swire Oilfield Services Appoints New Chief Operating Officer and Chief Technical Officer.Swire Oilfield Services (Swire), the leading global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has appointed two new members to its executive team…
Transocean Ltd. to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately US$1.05-billion.Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners…
Rowan Companies exercises option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd.The cost for this rig, including commissioning, project management and spares, but excluding capitalized interest…
Norway's Kværner ASA contracted to perform Edvard Grieg field (in the North Sea) offshore hook-up and commissioning assistance.Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance…
Engineering major Kværner will be a key player in the development of Rosneft and ExxonMobil’s grand projects in the Kara Sea.In the presence of President Vladimir Putin, the leaders of Rosneft and ExxonMobil announce the name of the company…
Ulstein delivers second PX121 Platform Supply Vessel (PSV) 'Blue Prosper' to Blue Ship Invest.“This project has flowed really well, and we’ve been able to draw on the experiences we made when building the first vessel in this series, ‘Blue Fighter’…
The new SECurus system uses infrared cameras and radar to allow oil slicks to be monitored and collected.The new system makes it easier to see and remove the oil both during the day and at night, which is particularly important in the far…
Singapore Technologies Engineering’s Marine Sector wins S$179-million worth of shipbuilding and repair contracts.The contracts include a contract to build two additional Offshore Support Vessels (OSVs) as well as a series of repair and upgrading projects…
Rosneft and ExxonMobil select Vostochniy Offshore Structures Construction Yard for concept evaluation and feasibility study.The platform is needed for the safe exploration of the Kara Sea's shallow waters, with key attributes of safe operation…