High activity on the Norwegian shelf leads to high day rates for drilling rigs.Desperate oil companies are forcing day rates for drilling rigs to reach new heights. Analysts believe day rates will be over $700,000 this autumn, reports the 'Barents Observer'…
Fugro Chance adopts the Coda Echoscope(R) to help in some of Its complex offshore operations in the Gulf of Mexico.Coda Octopus Group, Inc. announce that following extensive and successful trials, Fugro Chance in Houston, Texas and Lafayette…
Aberdeen Harbour records significant North Sea energy sector traffic increase in first half 2012.Continued growth in the oil and gas sector was reflected in the increase in support vessels that used the port over the first six months of the year – up nine per cent from 2…
Sembcorp Marine secures US$ 4.032 Billion drillship contracts from Sete Brasil.Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiarieshas secured contracts from Sete Brasil Participacǒes S.A. (Sete Brasil), for the…
McDermott awarded Gulf of Mexico Spar hull installation contract for Williams Partners.McDermott International, Inc. announce that one of its subsidiaries has been awarded a contract by Williams Partners L.P. for transportation and installation services for a Spar hull in the Gulf of Mexico…
Excelerate Energy enters Into a shipbuilding option agreement with DSME for 8 New Floating Storage and Regasification Units (FSRUs).The option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) is for the delivery of up to eight…
The offshore industry, and specifically Brazil, continue to be a driver for maritime markets, as Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., signed contracts with Sete Brasil Participações S.A. (Sete Brasil)…
KBR awarded FEED for FPSO topsides and hull, Luanda Office to play major role in supplying local content.KBR announce that it has been awarded a FEED contract to perform work for the topsides and hull associated with a new-build, double-sided…
Queiroz Galvão Óleo e Gás (QGOG) partners with Sete Brasil in charter agreements for 3 drilling rigs.QGOG, the largest Brazilian provider of drilling and production services, announce that, in partnership with Sete Brasil, they have signed…
Oregon Wave Energy Trust seeks submissions for Its 2012 Ocean Energy Fast Pitch competition.In conjunction with the seventh annual Ocean Renewable Energy Conference in Portland, Oregon, Oregon Wave Energy Trust (OWET), a non-profit organization…
Technip awarded a five-year sub-sea Inspection, repair and maintenance contract by ConocoPhillips U.K.Technip has been awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central…
The Norwegian LNG plant was shut down due to water ingress in natural gas driers, but is now back in production.Large amounts of natural gas are sent ashore and cooled down at Hammerfest LNG on Melkøya, the world’s most northerly and Europe’s first export facility for LNG from Snøhvit…
The world’s move north to the Arctic for the exploration of energy resources has attracted global attention of Arctic and non-Arctic states. The newest player: China, which last month announced its plan to design and build its first ever Polar Research Vessel…
Formal application for a project with 125 wind turbines off the coast of Angus, Scotland has been progressed.Formal application for approval of a £1.4billion project featuring up to 125 wind turbines has been put forward by Mainstream Renewable Power to the authority Marine Scotland…
Royal Dutch Shell expects to drill 8 wells in the second half of its two-year Arctic exploration program, 3 more than originally planned.Stubborn ice sheets and permit delays have reduced the amount of time available for Shell to complete the first five wells this year…