Semco Maritime has been awarded a contract by Paragon Offshore for intermediate classification and service works on the Paragon MSS1 semisubmersible drilling rig. The service works will be performed at Semco Maritime’s rig facilities at Invergordon…
Houston-based Schlumberger will issue five tranches of senior notes worth US$6 billion to help fund its pending $14.8 billion mega merger with Cameron International. Image from Schlumberger. Last week on 10 December…
Morgan Advanced Materials has launched a new range of sensors for the oil and gas extraction sector, harnessing the unique capabilities of its proprietary piezoelectric materials which can provide sensing and monitoring in high-temperature environments above 200ºC…
Saudi Aramco achieved a landmark by energizing its largest tie-in platform with a 46km-long, 230kV submarine composite cable, the longest of its kind. The tie-in platform, TP-20, lies in the world’s largest offshore oil field, Safaniya…
London-based Borders & Southern (B&S) completed a comprehensive seismic reservoir characterization study to investigate the Early Cretaceous shallow marine play fairway of its Darwin discovery offshore the Falkland Islands. The objective…
Eni Norge has awarded Aibel a contract for the hook-up and commissioning of its Goliat field. The contract includes preparations prior to towing the FPSO offshore, miscellaneous offshore hook-up activities, and assistance during final commissioning and start-up of the Goliat field…
Customized data communication solutions are required in the offshore industry, particularly for rigs and seismic vessels, where data collected is needed in real-time onshore for processing. Airbus Defence and Space’s sales subsidiary…
Oyster Petroleum has entered into a farm-in agreement which will see it earn 25% interest in production licenes P.1948 in the central North Sea. License P.1948 covers blocks 29/7c, 12, 13 and 14 in the UK Central North Sea and includes the Shipley and Forwood Prospects…
James Fisher Marine Services has been selected by MeyGen to complete the offshore marine installation elements of the initial stage of the project (Phase 1A). The 398MW tidal array project in Pentland Firth, Scotland follows the agreement…
Transport Canada, the province of New Brunswick, and several other project partners announced funding for the SmartAtlantic Saint John (New Brunswick) buoy project, eighth in the smart buoy series that is modernizing Canada's marine navigation system…
Japan's Mitsui Corp. Ltd. is looking toward increasing its investments in Mexico, after the Mexican Congress voted in December to open the oil and gas industry to foreign companies. The Wall St. Journal reported last month that Yasuhiro Uchida…
Subsea 7 has selected BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, to supply the riser monitoring system for the Aasta Hansteen Spar, about 300km off the coast of Norway. The integrated system includes an innovative…
Nam Cheong Ltd a global offshore marine company and Malaysia’s largest Offshore Support Vessel (OSV) builder announced today that it has sold two accommodation work barges (AWB) worth approximately US$84 million. The barges were sold to Perdana Petroleum Berhad…
A team of US BSEE engineers and inspectors conducted a safety inspection of the first FPSO (floating production storage and offloading) vessel designed and built for containment use in the Gulf of Mexico. The pre-production inspection is…
Singapore-based Ezra Holdings has said it is considering listing its subsea services division EMAS AMC in the US and has appointed J.P. Morgan Ltd. as an advisor. Ezra said it was looking at strategic options, to increase its international profile and position of EMAS AMC…