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Offshore News

 

Ensco Promotes Lowe to EVP

Dec 02, 2014

Ensco plc announced that Carey Lowe has been promoted to Executive Vice President. Lowe will be responsible for overseeing investor relations, public relations, employee communications and branding, led by Vice President Sean O’Neill, as well as strategy…

EMGS Reports Multi-client Sales

Dec 02, 2014

Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'This sale…

Fugro Names Randolph as UWA Geotechnics Chair

Dec 01, 2014

Professor Mark Randolph, Fellow of the Royal Society (UK), has been appointed to the recently announced ‘Fugro Chair in Geotechnics’ at the University of Western Australia’s Centre for Offshore Foundation Systems (COFS).  The announcement was made at a ceremony held at the university…

Early Termination for Viking’s AHTS Vessels

Dec 01, 2014

As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of three vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017…

DSCV SBM Installer Sold to OS Installer

Dec 01, 2014

SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash.OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%)…

NORECO's Revenue Dips in 3Q 2014

Dec 01, 2014

Norwegian Energy Company’s (Noreco) production in the third quarter of 2014 was basically unchanged from the previous quarter, significant impairments took down Noreco net results after tax to minus NOK 1 101 million.Revenues in the third quarter 2014 were NOK 296 million…

Keppel Infrastructure Sheds Facilities Arm

Dec 01, 2014

Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, has signed an agreement for the sale of its entire stake in Keppel FMO (KFMO) to Cofely GDF SUEZ for a cash consideration of S$44.72 million, subject to a post…

Statoil to be Johan Sverdrup operator

Dec 01, 2014

Statoil has been recommended as Johan Sverdrup operator. Their agreement will be included in the Unit Operating Agreement (UOA), which is planned to be submitted to the authorities in February 2015 together with the Plan for Development and Operation (PDO)…

Van Oord to Acquire Activities of Ballast Nedam Offshore

Nov 29, 2014

Van Oord has reached agreement on the acquisition of the activities of Ballast Nedam Offshore. The acquisition consists of the assets of Ballast Nedam Offshore, the dedicated EPCI staff (Engineering, Procurement, Contracting and Installation)…

Royal IHC Launches Subsea 7’s Seven Rio

Nov 29, 2014

Royal IHC (IHC) has today successfully launched Subsea 7's 550t pipelaying vessel, Seven Rio, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Mrs Anelise Lara, Petrobras Executive Manager for the Libra Project…

Wärtsilä Integrated Solutions for Maersk's AHTS Vessels

Nov 27, 2014

A new series of six Anchor Handling Tug Supply vessels to be built at the Kleven Verft AS in Norway for the Danish based Maersk Supply Service A/S - part of the A. P. Møller-Mærsk Group, will feature fully integrated solutions from Wärtsilä…

Stirling Group Altor Open Doors for O&G Skills Week

Nov 25, 2014

An Aberdeen HSE and risk management firm opened its doors to give people a glimpse of how varied a career in oil and gas can be.Stirling Group Altor took part in the first ever National Oil and Gas Skills Week which welcomed 4,000 people to more than 50 events at venues across the UK…

Reach Bags Technip ROV Work

Nov 25, 2014

Reach Subsea has secured a deal worth up to $10.3 million with Technip to provide remote-operated vehicle services on a newbuild subsea construction vessel to be supplied by Eidesvik Offshore.Eidesvik Offshore and Reach Subsea have in…

Andrews to Lead CWind’s O&M Division

Nov 24, 2014

Lee Andrews has been appointed as CWind’s new global head of operations for maintenance and asset management (O&M) services. Andrews joins CWind from Siemens Energy where he started his career as an apprentice technician 25 years ago and…

Ineos to Add Talent to Support North Sea Expansion

Nov 24, 2014

North Sea oil and gas would supply INEOS plants in Europe; advertised positions include CEO, geologist, engineer. Swiss-based petrochemical and refining company Ineos is looking to expand into North Sea oil and gas production by hiring a number of senior and mid-level staff…

Logistics News

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

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United Airlines anticipates sufficient Airbus A321XLR delivery for Europe expansion in 2027
Nigeria's president orders rescue after mass kidnapping
Nigeria's president orders rescue after mass kidnapping