Kvaerner has announced the signing of an agreement to sell its on-going downstream focused operations and related assets of the entity known as EPC Center Houston to IHI E&C International Corp, a US subsidiary of the Japanese company IHI Corporation (IHI)…
While much attention justifiably has been paid to the expansion of offshore energy operations in the Arctic, according to a Reuters report one of the pioneers, Shell, has hit a few snags in its long-anticipated exploration drilling in the Chukchi and Beaufort Seas…
UTEC has reinforced its presence in Scotland with the opening of new regional headquarters in Aberdeen.The purpose fitted building comprises over 3000 sq. ft. of modular office accommodation and 4000 sq. ft. of workshop/warehouse space,…
Mechanical engineering specialist, EnerMech, is to open its first office in India as a first step in developing a presence in the country’s fast expanding oil and gas sector.The Mumbai office, headed up by newly appointed Country Manager Steve Watson…
Statoil preparing to halt production after notice of lockout. Statoil is preparing to shut down production on the Norwegian continental shelf (NCS) following a notice of lockout. The Norwegian Oil Industry Association (OLF) announced today…
Fairmount Marine’s tug Fairmount Sherpa has delivered drillship Peregrine 1 safely in Singapore. The Peregrine 1 was towed to from Salvador in Brazil to Singapore.For this job the Fairmount Sherpa was mobilized from Rio de Janeiro where the tug had delivered rig ODN TAY IV…
Marit Arnstad has announced that she will resign from her position as deputy chair and member of the board of directors in Statoil ASA (OSE: STL, NYSE: STO) effective immediately. The nomination committee in Statoil will start its search for a new board member…
This month saw the 50th Marine Measurement Forum (MMF) take place at Portsmouth Historic Dockyard on Tuesday 12th June where Sonardyne International Ltd’s Engineering Director, Simon Partridge, was invited to present. Held within the prestigious…
Director Watson Visits Arctic Drilling Rigs for First-Hand Look at Safety Equipment, Meets with Alaska Native Community Leaders, Shell Officials; Today holding media conference call to discuss visit and BSEE inspection and oversight activities…
Confidence for improved margins and higher capital investment has returned to the oil and gas industry this year, according to a group of industry leaders. However in the long-term, the energy sector faces unprecedented challenges that could have a lasting impact for years to come…
World gas conference delegates reveal confidence in Asia’s gas infrastructure as consumption rates riseDelegates at the World Gas Conference in Kuala Lumpur have backed Asia’s ability to deliver the infrastructure necessary to cater to its rapid growth in gas…
IHC Merwede establishes IHC Tidal Energy and acquires Wave Rotor technology.On 30 May 2012, IHC Merwede signed an agreement to acquire Wave Rotor technology from Ecofys, which is renowned for its expertise in sustainable energy solutions…
New Orleans -- Today the Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President Obama in January 2012, as part of his administration’s ongoing focus on expanding safe and responsible production of our domestic energy sources…
Stork Technical Services won the ‘Associate Member’ prize at this year’s IADC North Sea Chapter (NSC) Annual Safety Awards.The award recognises an Associate members’ safety achievements over the past year which can include launching schemes to improve safety performance…
Greenpeace Nordic intercepts Shell icebreaker to in attempt to thwart Arctic drillingGreenpeace Nordic activists have intercepted at open sea and boarded a Shell-contracted icebreaker, the Nordica, to continue its protest against the oil major’s…