BG Group’s Europe business has signed contracts with Wood Group PSN and Stork Technical Services (RBG) to provide a range of specialist support over the next five years to its Armada, Everest and Lomond assets in the central North Sea. The…
South Korea's STX Offshore & Shipbuilding Co. Ltd. launched SCF Melampus, the first of two ice-class LNG carriers ordered by Sovcomflot OJSC. The first vessel is to be delivered in late 2014; the second in early 2015. STX signed the $400million contract to build the two 170…
Finnish firms Navis Engineering Oy and Aker Arctic Technology Inc have signed a scientific and technical co-operation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels…
ALS Ltd moved to acquire Reservoir Group for US$533 million from SCF Partners. Reservoir’s existing senior management team has committed to continue in the business and is rolling over approximately 50% of their equity in Reservoir into ALS shares…
Tanzania has become hot property, with BG Group and Statoil eying LNG export from the gas-rich offshore region. Tanzania’s recent rise up the resource rankings has been fast, despite it having taken a long time to reveal its potential reserves…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
The offshore market is becoming of increasing importance to Finnish suppliers, partly because of the current downturn in traditional shipbuilding orders. Finnish companies have a wealth of offshore-related niche expertise from ice management to automatic welding for shipyards…
Hyundai Heavy Industries (HHI) has announced it won a US$1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy will carry out engineering, procurement, and construction…
Ex-Ion Geo CEO forms management consultancyBob Peebler launches Peebler GroupFormer Ion Geophysical chairman and CEO Bob Peebler has launched The Peebler Group, a strategic management consultancy firm. The Peebler Group will begin immediate…
Andrew McBarnet finds an optimistic atmosphere at the recent SEG annual international meeting in Las Vegas.Judging from the mood of the crowd at last month’s SEG Annual International Meeting, the marine seismic business is in a good space…
DNV has appointed Stefan Nerpin as its new Group Vice President of Communications and External Relations for the DNV Group. Mr Nerpin brings with him extensive international leadership experience and a strong track record of corporate communications and branding…
Wison Offshore & Marine, Exmar and longtime LNG consulting and engineering firm Black & Veatch have teamed up on what the companies promise will be the first floating LNG liquefaction, regasification and storage unit (FLRSU), to be installed 3km offshore Colombia…
Design by analysis rather than the traditional formula approach is the way forward for pipeline operators and contractors looking to cut project costs and timescales, argues TRaC Global consultant Dr Peter Moir.Analysis to validate the design…
FIRMSSubsea 7 has entered a global technology partnership agreement with CRC-Evans Pipeline International. Under the agreement CRC-Evans' automatic welding, coating and testing technologies will be installed at the Subsea 7 pipeline fabrication spoolbases in Angola…
firms . . .Remedial Offshore has filed for Chapter 11 bankruptcy protection, allowing the company to continue to operate its facilities and offices in the ordinary course of business. Remedial will use the financing to increase working capital…
