Offshore
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McDermott wins Indonesia subsea fabrication contract
Houston: McDermott International has been awarded a sizeable manifold and subsea safety isolation valve module fabrication contract by FMC Technologies…
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Petrobras to sell off $13.7bn in assets before end of 2016
Petrobras, Brazil’s state-run energy giant, will sell off $13.7bn in assets over the next two years, it announced. Stocks reacted…
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US government to auction more Gulf of Mexico oil and gas fields
San Francisco: Even with oil prices slumping the US Government is preparing an August auction of more than 21 million…
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Statoil contracts world’s largest ship
Oslo: Pioneering Spirit, which lays claim to being the largest ship afloat, has inked a deal with Statoil for work…
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600 staff to go at Odfjell Drilling
Oslo: Odfjell Drilling has sent out a compensation package offer to 600 onshore workers as redundancies loom amid the weak…
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Final three bodies recovered from BW Offshore tragedy, bringing death toll to nine
Oslo: The final three bodies of victims of last month’s explosion on a FPSO off Brazil have been recovered, the…
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James Fisher buys South Africa’s Subtech Group
London: James Fisher has acquired Subtech Group, a South Africa-based marine and sub-sea service provider, for an initial cash consideration…
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Pacific Radiance makes Malaysia move with new jv
Singapore: Via subsidiary Alstonia Offshore, Pacific Radiance has formed a jv with Malaysia’s Duta Marine to jointly incorporate Duta Radiance…
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Myanmar – Saviour to oil & gas in SE Asia or in the “too hard” basket?
International companies will not shy away wholesale from Myanmar exploration and production projects despite a collapse in global crude oil…
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Twice as nice for McDermott with Qatar and Saudi deals
Houston: McDermott International doubled up on Monday with the announcement of two contracts in the Middle East – one offshore…
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CNOOC starts drilling offshore Myanmar
Shanghai: China National Offshore Oil Corporation (CNOOC) has announced that its flagship deepsea oil rig HYSY No.981 has started drilling…
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Maersk Drilling secures Ghana and Philippines contracts
Copenhagen: Maersk Drilling has been awarded a contract from eni Ghana for the employment of newbuild drillship Maersk Voyager. The contract…
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GC Rieber Shipping gets new partner on ice-breaking tug
Oslo: GC Rieber Shipping has said that joint venture partner Prisco has sold its 50 percent ownership share in ice-breaking…
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New contract for Olympic Shipping
Oslo: Olympic Shipping has been awarded a new short period contract for Olympic Taurus to conduct construction work offshore Argentina. In a…
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Subsea 7 awarded Shell contract extension
Oslo: London headquartered Subsea 7 has been awarded a two-year extension to two underwater services contracts by Shell Upstream International…
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Emas Offshore takes two year option on Perisai Petroleum crewboats
Kuala Lumpur: Perisai Petroleum Teknologi has announced that subsidiary Intan Group has received notice from Emas Offshore to exercise a…
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Oil scandal unfolds in Oslo
Oslo: Norway’s biggest opposition party, Abeiderpartiet, and others are seeking an explanation of what really happened during the final part…
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McDermott and Petrofac to surf in tandem
Houston: McDermott International and Petrofac Limited are joining forces in a five-year marketing alliance aimed at opening further offshore oil…
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Deep Sea Supply scores AHTS contract extension
Oslo: John Fredriksen controlled offshore vessel owner Deep Sea Supply has said that it has agreed on a one year…
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CGG to let go of more staff and ships
Paris: The low oil prices are having a torrid time for French oil field seismic surveyor, CGG, forcing it to…
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