OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, and OSX, a private Brazilian corporation that provides equipment and services to the offshore oil and natural gas industry via integrated operations in naval construction…
Ocean Rig UDW (NASDAQ: ORIG) announced that the remainder of the existing drilling contract with Vanco for the 6th generation drillship Ocean Rig Olympia has been novated to a Europe based operator for drilling offshore West Africa. The remaining duration provides for 120 days of work…
As Bahrain’s Arab Shipbuilding & Repair Yard Co (ASRY) celebrates its 35th Anniversary, this week the company officially inaugurated and opened for business its new 1.38km Repair Quay Wall. The official inauguration of the new Repair Quay Wall…
Kongsberg Maritime is providing maritime simulators for Maersk's new State-of-the-art drilling operations and offcshore training facility. Kongsberg Maritime simulators have been selected for the forthcoming MOSAIC 2 facility (Maersk…
The Department of the Interior’s Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held today in New Orleans, attracted $337,688,341 in high bids and included 20 companies submitting 241…
Department of the Interior Secretary Ken Salazar will open Western Gulf of Mexico Lease Sale 218 in New Orleans today at 9 a.m. CST at the Mercedes-Benz Superdome with brief remarks. The sale, held by the Bureau of Ocean Energy Management (BOEM)…
More than a decade ago, deepwater oil production in the Gulf of Mexico surpassed shallow water output for the first time ever. These days, rigs are found hundreds of miles offshore. Companies need to get equipment, employees, fuel and mud to those sites economically and usually on a tight schedule…
Reservoir Group has strengthened its portfolio of completion and production services with the announcement that two well intervention specialists have joined the ‘club’. The Tool Company, located in Assen, The Netherlands and the Aberdeen-based firm…
Aker Solutions announced at the company's capital markets day that it is maintaining its ambition of 9-15 percent annual revenue growth for the period 2011-15 due to a favorable market outlook for the oil services industry. The company also…
Six young men from North Wales have taken their first steps into a new career in the offshore wind energy industry having been accepted as trainees with the UK’s only dedicated trainee academy for the offshore wind industry, Offshore Marine Academy…
BOEM Will Hold Public Hearing on December 8th in New Orleans on Proposed Oil and Gas Leasing Program. The Bureau of Ocean Energy Management (BOEM) will hold a public hearing in New Orleans on Dec. 8, 2011, to provide an opportunity to comment…
In a year where globally we are seeing more natural disasters, including earthquakes in New Zealand and Chile, floods in Australia, and a tsunami in Japan, an important question for businesses relying on goods and services from suppliers in…
The dictionary defines “complacency” as tranquil pleasure or self-satisfaction, especially when uncritical or unwarranted. Groups are prone to complacency when events occur as expected over an extended period of time. They let their guard down…
Drydocks World signed a Contract with Singapore based AET, a global leader in petroleum shipping, for two Tanker-to-Modular Capture Vessel (MCV) conversion projects. AET is converting these vessels as part of the Marine Well Containment Company’s (MWCC) well containment system…
IHC Merwede appointed Denis Welch as its CEO for South East Asia. He will be responsible for helping the company to reinforce its regional identity and expand its Asian-centred operations – which are focussed on its offshore and marine activities…