Offshore News

 

OTC Brasil Conference Set for October

Jul 14, 2011

The inaugural 2011 OTC Brasil technical conference will present addresses from industry leaders and experts on issues facing the Brazilian and global offshore oil and gas industry. Organized by the Offshore Technology Conference (OTC), OTC Brasil…

OSX Partners with SENAI to Train Shipbuilders

Jul 11, 2011

OSX, an EBX Group company focused on offshore naval industry, signed a partnership with SENAI (National Service for Industrial Apprenticeship) from Rio de Janeiro to train 3,100 people for its Shipbuilding Unit (UCN Açu), to be built in the Açu Superport Industrial Complex…

Topaz Wins CSR Initiative Award

Jul 11, 2011

Topaz Energy and Marine, an oilfield services group has won an award for the ‘Best Corporate Social Responsibility Initiative in the Private Sector’ from IIR Middle East. The award was presented at the 8th CSR Summit in Dubai where entrants…

GMMOS Group Rebrands as Stanford Marine Group

Jul 11, 2011

UAE-based GMMOS Group has rebranded to Stanford Marine Group (SMG), according to a report on TradeArabia News Service. The group has two main divisions focused on the marine sector: Stanford Marine (OSV chartering) and Grandweld (shipbuilding and repair)…

OMM Launches New Business

Jul 05, 2011

Offshore Marine Management (OMM) has launched a new survey and subsea business this week, which will focus on surveying, cable and structural subsea inspection and subsea engineering. Recently appointed Director of Survey and Subsea, Arron Burrows…

Offshore: Baker Hughes Awards EBDG Contract

Jun 27, 2011

Seattle-based Elliott Bay Design Group, through its New Orleans office, was selected by Baker Hughes to provide the owner's design of the Blue Tarpon a state-of-the-art well stimulation vessel.  EBDG was contracted to integrate Baker Hughes'…

IEA Responds to Disruption of Libyan Oil Supplies

Jun 23, 2011

According to International Energy Agency (IEA) Executive Director Nobuo Tanaka, the 28 IEA member countries have agreed to release 60 million barrels of oil in the coming month in response to the ongoing disruption of oil supplies from Libya…

VDMA: German Industry Records Upsurge

Jun 23, 2011

The VDMA (German Engineering Federation) has noted an upsurge in orders for German marine equipment and offshore suppliers, despite a six percent drop in sales in 2010.“We continue to be successful in world markets and have also found new customers in attractive niches in 2011…

Transocean: Internal Report Released on Macondo Spill

Jun 22, 2011

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced the release of an internal investigation report on the causes of the April 20, 2010, Macondo well incident in the Gulf of Mexico. Following the incident, Transocean commissioned an internal investigation…

Kranzusch Appointed Product Manager, Atlas Copco

Jun 21, 2011

Ray Kranzusch has been appointed to the position of Product Manager, Oil and Gas Drills, for Atlas Copco Construction & Mining effective immediately. In his new role, Kranzusch will report directly to Scott Slater, Business Line Manager for…

Topside modifications at Åsgard

Jun 20, 2011

Statoil awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for subsea compression topside modifications on the Åsgard field.The Åsgard licence has decided on a concept involving gas compressors installed on the seabed…

Statoil: Long-Term Outlook Bright

Jun 20, 2011

Today, Statoil (OSE: STL, NYSE: STO) presented its long term growth outlook. The company expects to raise production from around 1,9 million barrels in 2010 to above 2.5 million barrels of oil equivalents per day in 2020. With premium positions…

Shell, China Petroleum Agree on Joint Venture

Jun 20, 2011

Shell and China National Petroleum Company (CNPC) today signed a Global Alliance Agreement emphasizing their shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China. The two parties also signed…

OFFSHORE: Shell Invests in Major New GOM Discovery

Jun 08, 2011

Shell announced a multi-billion dollar investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico (GoM). The Cardamom project is expected to produce 50,000 barrels of oil equivalent (boe) a day at peak…

Work Begins on Offshore Substations

Jun 07, 2011

The state of the art crane vessel the Oleg Strashnov arrived at the Sheringham Shoal site early last week after a trip to Vlissingen in Holland to pick up further monopiles, and has resumed foundation installations.  Currently persons on board number 162…

Logistics News

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Tough Transshipment Penalties Not Expected Immediately Despite US Tariffs

Maersk Raises Full-Year Profit Forecast

Maersk Raises Full-Year Profit Forecast

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

PIL Celebrates Singapore's Independence Anniversary

PIL Celebrates Singapore's Independence Anniversary

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