Maritime services provider Inchcape Shipping Services signs strategic partnership with offshore logistics & freight forwarder Palumbo S.P.A. to form ISS Palumbo. S.r.l. The new partnership combines ISS’s worldwide network with Palumbo’s…
The Norwegian subsea entrepreneur Ocean Installer is moving into new headquarters in Stavanger to accommodate for the strong growth the company has experienced over the last year.This expansion of our Stavanger base shows that we are developing in line with our long-term growth strategy…
CEO and CFO to be based in new Dubai office. International energy consultancy Xodus Group has invested £2million in launching a Middle East operation in Dubai as part of its global expansion strategy. An initial team of 19 will be based…
Subsea 7 S.A. wins a US$100-million from Apache Australia Pty for the Julimar Development Project.The project includes the transportation, installation and pre-commissioning of subsea umbilicals, manifolds and diver-less tie-in spools.…
Eni, with partners Lundin and Det Norske hoped for oil but discovered gas & condensate at the Salina structure in western part of the Barents Sea.Det norske oljeselskap ASA earlier announced the discovery of hydrocarbons in the Salina prospect in production license 533…
First CAL 64000 heavy-lift offshore crane is ready for North Sea wind farm duty.The first CAL 64000-1500 Litronic®, a heavy lift offshore crane developed by Liebherr-Werk Nenzing GmbH, is now ready for operation. The crane is installed on the Innovation…
The Market - Global Floating Production Capex to Double.Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. This growth…
Provider of offshore construction services, US-based Ranger Offshore, Inc., obtains various ISO Det Norske Veritas (DNV) certificates.Ranger Offshore has obtained ISO 9001, ISO 14001, OHSAS 18001 and ISO/TS 29001 certifications which are…
'FSO Africa', owned by TI Africa, on long-term contract to Maersk Oil Qatar (MOQ) for services on the Al Shaheen Field.The contract has a fixed duration of five years from 1 October 2012 with an option granted to MOQ to extend the contract period for either one or two years…
DryShips Inc. (NASDAQ: DRYS) a provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., or Ocean Rig, of off-shore deepwater drilling services, today announced that Pankaj Khanna…
Electromagnetic Geoservices ASA (EMGS) has commenced a fully pre-funded multi-client survey in the West of Shetland area, north of Scotland.The vessel Atlantic Guardian will acquire controlled-source electromagnetic (CSEM) and magnetotelluric…
Coastal Energy Company contracts 'Manta' jackup drilling rig from an Atwood Oceanics subsidiary for operations in the Gulf of Thailand & offshore Malaysia.In accordance with the contract, US-based Coastal will pay a $145,000 day rate throughout the 12 month firm duration…
Statoil & its partners contract the 'Bideford Dolphin', 'Stena Don' and 'Scarabeo 5' drilling rigs for work on the Norwegian continental shelf. The contracts have a total value of NOK 9,17-billion, excluding potential options, and the rigs…
Orion Marine Group, Inc. headquartered in Houston, Texas, announce award of a contract which is worth approximately US$14-million.The contract is for the design and construction of offshore mooring facilities for a liquids terminal in the Caribbean…
EnQuest PLC, the largest UK independent production company in the UK North Sea, has reached a new North Sea safety milestone by recording five years free of Lost Time Incidents (LTIs) on drilling operations in the Thistle field.The LTI achievement…