Shipbuilders & designers STX OSV adopt new brand name following sale of STX Europe’s majority stake in the company to Fincantieri Oil & Gas.Chief Executive Officer and Executive Director of VARD, Roy Reite, said, “I am excited to announce that VARD will be our new name…
Marine and engineering consultancy, London Offshore Consultants (LOC) open new Vung Tau office managed by Kenny Ong.The new office will formally begin operations in May, managed by Kenny Ong, who is highly experienced in major offshore oil and gas projects across Asia…
Sinopacific's Dayang shipyard in China, contracted to build four advanced specification Anchor Handling Tug Supply (AHTS) vessels for Femco Group.The four AHTS’ will have 12240 bhp and 150 tons bollard pull, and are of Sinopacific’s own SPA-150 design to BV class…
The agreement between the government and BP allows HM Coasguard to call on a BP-chartered vessel in the event of a pollution incident.An operational and commercial model has been brokered with the oil industry allowing HM Coastguard to call on a BP-chartered vessel…
Looper Reed & McGraw is pleased to announce the addition of Julia Palmer and Carrie Weitinger as Members and Shannon Thorne and Monika Moore as Associates to its Houston office. The addition of these four attorneys has added great depth to the firm's Admiralty…
CNOOC, China's largest offshore oil and natural gas producer, barred from outright opeation of recently acquired Gulf of Mexico oilfields.The oilfields were acquired by CNOOC through its US$15-billion takeover of Canadian firm Nexen.The…
Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd.The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in 2008, registered and flagged in Panama…
Technip signs two agreements with State Corporation Russian Technologies (Rostec) for subsea equipment production.Technip and RT-Chemcomposite Holding Company, a Rostec subsidiary, signed a memorandum of understanding to express their intention…
TAQA, the global energy company based in Abu Dhabi, confirms a hydrocarbon release detected in one of the Cormorant Alplha platform legs.The hydrocarbons were discovered at 09.40 hours local UK time on Saturday, 2, March during maintenance work…
Wilhelmsen Ship Management (WSM) has opened a new ship management office in Bergen to serve the offshore sector.The largest growth in Norwegian shipping takes place in the offshore segment. Other ship owners in the region have also grown significantly…
Norwegian Ministry of Defense approves sale of Olavsvern naval base outside Tromsø.The sale is to the investor group Triko AS which includes Odfjell Drilling, PSW Rig Service and in cooperation with Petro Support Group will create a service center for the offshore petroleum industry…
Singapore's Swiber Holdings has been awarded subsea contracts in SE Asia worth approximately US$153-million. The contracts, with oil industry majors, mark the first wins in 2013, largely entail transportation and installation of pipelines and offshore structures in Southeast Asia…
The High-voltage submarine and underground cable link will bring reliable power to a remote island fishing community.ABB has received an order worth around $10 million, from Landsnet, the Icelandic transmission system operator, to supply a…
Sembcorp Marine's PPL Shipyard secures a repeat order for a jack-up rig worth US$208-million from Perisai (L) Inc.The second jack-up rig ordered by Perisai (L) Inc. a wholly-owned subsidiary of Perisai Petroleum Teknologi Bhd., will be built…
DNV's contract for classification & CVA (Certified Verification Authority) for Delta House floater marks new era of choice in the Gulf of Mexico.DNV has been awarded the classification contract for a new build floating production semi-submersible platform for the GoM…
