Ophir Energy has reached a final investment decision (FID) for the fourth phase of its Bualuang oil field in the Gulf of Thailand, with first oil set for next year. Operations in the Gulf of Thailand…
Israel's Delek Group has made a US$524 million offer for UK independent explorer and producer Ithaca Energy. The offer, a 12% premium on Ithaca's last closing price on the Toronto Stock Exchange, would see Delek take over Ithaca's UK North Sea portfolio…
Empyrean Energy has been awarded a permit for 100% of the exploration rights for Block 29/11, located in the Pearl River Mouth Basin (PRMB), offshore China, following a successful application to the China National Offshore Oil Corp. Empyrean…
Vard Holdings secured a contract worth about US$40 million for the design and construction of two additional module carrier vessels for Topaz Energy and Marine. The vessels, of VARD 9 21 design and measuring 123m by 16.5m, are sister…
Subsea services firm Bibby Offshore has secured a contract with BP for the diving support vessel Bibby Topaz. The 15-day project, due to start next month, will see the vessel working on four BP operations across three of its North Sea assets…
Integrity, maintenance and engineered solutions group ICR executive chairman Bob Forbes is to retire. He will be replaced by Bill Bayliss who has held multiple senior level appointments in international oil and gas businesses including Brown and Root…
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a substantial contract win with Apache North Sea to provide subsea construction, ROV and diving services at the largest oil field in the North Sea…
Siem Offshore has been awarded two contracts for operation in the North Sea, and off Australia. Image of the MV Siem Marlin, from Siem. Contractors GmbH (SOC), a wholly owned…
BP's Caspian Sea unit has inked 14 offshore support vessel contracts with Topaz Energy and Marine. The contracts cover a five-year period plus two one-year options at current market terms and will be primarily in support of BP’s ACG and Shah Deniz II fields offshore Azerbaijan…
The European Marine Energy Centre (EMEC) based in Orkney, Scotland, has strengthened its ties with China having signed a Memorandum of Understanding with organizations based in Qingdao to support the development of a marine energy test site in the area…
Dubai-based Topaz Energy and Marine awarded Singapore-listed shipbuilder Vard Holidings (VARD) two new contracts, which exceed US$100 million, for the construction of two offshore subsea construction vessels (OSCV) this week. Image from VARD…
Bibby Offshore, a subsea services provider, has delivered two multimillion dollar decommissioning contracts to the UK Continental Shelf (UKCS). Endeavour Energy appointed Bibby Offshore to perform operations in the Renee and Rubie fields…
Topaz Energy and Marine, a offshore support vessel company, has bolstered its emergency response and recovery vessel fleet with the addition of a new vessel, Topaz Responder. The newly-built, Topaz Responder will primarily provide…
This past year has undoubtedly been one of the most challenging experienced by the marine energy industry in its short life, with some of our colleagues within the wave sector hardest hit. Neil Kermode…
A consortium formed by Hydro Group and Wenex Equipments has successfully secured a US$3.9 million marine renewables contract. The contract involves the manufacturing and installation of array cabling infrastructure on the SEM-REV marine renewable energy project…
