Coast Guard responds to offshore drilling unit, tanker collision in Gulf of MexicoThe Coast Guard is responding to a collision between a mobile offshore drilling unit and a tanker vessel , near Port Aransas.Watchstanders at Coast Guard Sector…
Mechanical engineering group, EnerMech, has ring fenced more than $65 million (£40 million) to launch a major expansion in to the USA, as it seeks to replicate growth in Europe and the eastern hemisphere.Up to $15 million (£9.5 million) will be invested in new Process…
Aker Solutions has been awarded a contract by Murphy Sabah Oil for the delivery of a subsea production system for the Siakap North - Petai deepwater development. Contract value is undisclosed.The scope of work includes 13 subsea trees, eight manifolds…
Bureau of Safety and Environmental Enforcement Director James A. Watson delivered remarks today at the Offshore Technology Conference in Houston, Texas. Director Watson discussed recent recruitment incentives, BSEE's offshore safety focus and regulatory priorities…
New dedicated rule book from DNV for self-elevating offshore units guides jack-up rig designers & yardsThe new rule book clearly explains the DNV and international regulations and standards. Adaptations from the traditional Offshore Standards…
Lloyd's Register acquires WEST Engineering Services to become the top independent provider of technical services to the offshore drilling sector. Acquisition of WEST, subsea systems specialists, builds support for exploration and production activities…
Idar Ulstein, that was CEO and Chairman of the board of ULSTEIN for many years, passed away Sunday night. He has played a huge role for the maritime industry and has been deeply involved in community development. Idar Ulstein entered the company first as a 14 year old in 1948…
Barclays says return of industry confidence brings multi-million dollar deals in UK & US. The oil and gas team in the Barclays Corporate Banking division has announced it has been involved in deals providing funding for acquisitions and…
The U.S. lags behind Europe in the development of offshore wind (OSW) projects in part due to the lack of a mandatory national renewable energy standard and other tax incentives. But, the Obama Administration has set its own voluntary goal…
New guidance has been produced by the International Marine Contractors Association (IMCA) on the use of ‘hold-back’ vessels during diving operations. These are towing (or other) vessels that provoke additional security for DP (dynamically positioned)…
Nautilus Minerals Inc. (TSX:NUS)(AIM:NUS) signed a binding heads of agreement with Tongling Nonferrous Metals Group Co. Ltd ('Tongling') for the sale of the product extracted from the Company's Solwara 1 deposit located in the Bismarck Sea, Papua New Guinea ('PNG')…
Stork Technical Services continues subsea investment to meet growing global demand. Stork Technical Services Subsea, the subsea division of the leading global provider of knowledge-based asset integrity management services for the oil and gas…
James A. Watson IV, Director of the Bureau of Safety and Environmental Enforcement (BSEE). Interior Secretary Ken Salazar Named Rear Admiral James A. Watson IV as New Director of the Bureau of Safety and Environmental Enforcement (BSEE) in November of 2011…
Tidewater Inc. (NYSE:TDW) announced today that Dean Taylor, its President and CEO since March 2002, will retire as an executive officer of the company effective May 31, 2012, after a 34-year career with Tidewater. Mr. Taylor will remain on the Board of Directors…
CNOOC Limited (NYSE: CEO, SEHK: 00883) announced that the Company has successfully appraised the Penglai(PL)9-1 hydrocarbon bearing structure following the discovery made in 2010. The appraisal confirmed that PL9-1 is a large oilfield. PL9…