Rising requirements for rigs in the Middle East is increasing competition for jackup refurbishment and conversion. Elaine Maslin reports. About quarter of the world’s 480-strong jackup drilling rig fleet resides in the Persian Gulf and…
German operator RWE Dea UK has agreed a five year, £40 million, contract with engineering and operations support services contractor Offshore Design Engineering (ODE) to support its southern North Sea fields. ODE has already been working for RWE…
Ecosse Subsea Systems (ESS) has completed a £4.7 million boulder clearing and pre-lay trenching project, which it claims has been one of the most successful in the wind energy sector. As subcontractor to Siem Offshore Contractors (SOC)…
Aberdeen-based Bibby Offshore recently completed hyperbaric evacuation trials on its DSV fleet, which includes the Bibby Sapphire, Polaris and Topaz. Bibby is the first company to carry out this procedure on its entire fleet and the only…
Global offshore support specialist Viking SeaTech will officially announce the arrival of Gulf of Mexico Managing Director Tom Bower this week at Offshore Technology Conference (OTC) in Houston. Group chief executive Bill Bayliss said…
Ecosse Subsea Systems (ESS) has reported a successful start to a 10-week boulder clearing and trenching campaign on the Baltic 2 offshore wind farm project. Mobilised onboard the Siem Topaz anchor handling vessel, Ecosse Subsea’s SCAR subsea…
Archer to provide P&A services for Statoil Image: ArcherArcher Ltd., a global oilfield service provider headquartered in Bermuda, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the…
René Kofod-Olsen has been appointed CEO of Dubai-headquartered offshore support vessel fleet operator Topaz Energy & Marine, which serves primarily in the MENA and Caspian regions. He was previously with Svitzer and the AP Møller-Maersk Group.
René Kofod-Olsen has been appointed CEO of OSV fleet operator Topaz Energy & Marine. He joins from the AP Møller-Maersk Group.
UAE-based Topaz Energy & Marine has signed phase one of a US$ 330 million loan agreement with a syndicate of banks towards the refinancing of some of its existing loans. As well as extra liquidity, the deal paves the way for new investments in Topaz’s offshore support vessel operations.
Bill Bayliss (pictured) has been appointed group chief executive of Viking Moorings, the mooring solutions provider which recently underwent a financial restructuring involving the existing shareholders. Bayliss, who is based at the company’s Aberdeen operations centre…
Global demand for floating hardware continues apace. David Morgan and Meg Chesshyre review recent support & supply sector initiatives and innovations targeting offshore platforms and rigs.Drilling riser departure A high pressure marine riser…
The effect of the continuing credit crunch last summer meant that North Sea field development activity was down last year, but the steadying of the price this spring has led to projects being dusted off in both the UK and the Norwegian sectors…