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Business Developments & Projects

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Huisman equipment ordered for SBM Offshore and Solstad’s installation vessel
Business Developments & Projects

Huisman equipment ordered for SBM Offshore and Solstad’s installation vessel

Huisman has been selected to deliver advanced lifting and handling systems for an offshore installation vessel being built for the joint venture (JV) of Norwegian Solstad Offshore and Netherlands-based SBM Offshore. Awarded by CIMC Raffles Offshore, the contract will see Huisman deliver an integrate

about 1 month ago
Worley nets renewal deal for Saudi Aramco's offshore portfolio optimisation
Business Developments & Projects

Worley picks up new assignment in Australia

Australia’s engineering firm Worley has won its first major services framework deal with Inpex Operations Australia, a subsidiary of Japan’s Inpex.

about 1 month ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Business Developments & Projects

Odfjell Drilling’s 2009-built rig goes back to work after BOP incident-related hiatus

Scotland-headquartered offshore drilling contractor Odfjell Drilling has disclosed the return to work of its 17-year-old semi-submersible, following repairs in the wake of an equipment-handling incident that ended rig activity earlier this year.

about 1 month ago
Subsea7 scores ‘sizeable’ contract in Brunei
Business Developments & Projects

Subsea7 scores ‘sizeable’ contract in Brunei

Subsea7 has secured a contract with Brunei Shell Petroleum (BSP), a joint venture company between the Brunei government and the UK-headquartered Shell, covering subsea installation for a pipeline replacement project offshore Brunei. Subsea7’s scope of work includes the engineering, procurement, cons

about 1 month ago
WATCH: Hybrid ocean energy construction vessel reaches Norway for completion
Business Developments & Projects

WATCH: Hybrid ocean energy construction vessel reaches Norway for completion

The first of two hybrid power ocean energy construction vessels (OECVs) that Norwegian shipbuilder VARD is building for compatriot shipping group Island Offshore has arrived in Norway from Romania for the final phase of outfitting. Island Offshore placed an order with VARD for the design and constru

about 1 month ago
Floating wind turbine that will power UK gas platform ready for tow to offshore site
Business Developments & Projects

Floating wind turbine that will power UK gas platform ready for tow to offshore site

The Culzean floating wind turbine, which will supply electricity to the Culzean gas platform in the North Sea, off the coast of Scotland, will soon be towed to its offshore location as the integration of the wind turbine with the floating foundation has been completed. Archer, the engineering, procu

about 1 month ago
Illustration; Source: BP
Business Developments & Projects

BP’s North Sea business up for sale

UK-headquartered energy giant BP is launching a process to market its North Sea business for a potential sale after operating in the region for 60 years. BP reported today, July 31, that the decision is part of an ongoing portfolio review and reflects the disciplined approach to capital allocation,

about 1 month ago
Illustration; Source: Shell
Business Developments & Projects

MOL Group buys Shell’s subsidiary in Cyprus for $720 million

UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary BG Cyprus Limited for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrod

about 1 month ago
PLSVs owned by DOF-TechnipFMC JV get more time with Petrobras
Business Developments & Projects

PLSVs owned by DOF-TechnipFMC JV get more time with Petrobras

Two pipelay support vessels (PLSVs) owned by a joint venture of DOF Group and TechnipFMC have secured long-term contract extensions with Brazil’s oil & gas company Petrobras. Under the contract amendments, Skandi Buzios has been awarded a 516-day extension and Skandi Recife a 550-day extension. Prev

about 1 month ago
Swiss technology group strengthens offering with purchase of another subsea business
Business Developments & Projects

Swiss technology group strengthens offering with purchase of another subsea business

As part of its long-term strategy to build an integrated portfolio of technologies and engineering capabilities for the subsea market, Swiss technology group Rosenxt Group has, through its U.S. business, acquired Houston-based Zupt, a provider of subsea metrology, advanced 3D subsea inspection, offs

about 1 month ago
BP puts into production another expansion project in US Gulf
Business Developments & Projects

BP puts into production another expansion project in US Gulf

UK-headquartered energy giant BP has put into production an expansion project of a field in the U.S. Gulf of America (Gulf of Mexico) that was discovered in 1998. BP reported today, July 30, the start-up of the Atlantis Major Facility Expansion project, which adds two new subsea water injection well

about 1 month ago
Local company to carry out soil investigations for Malaysian CCS developments
Business Developments & Projects

Local company to carry out soil investigations for Malaysian CCS developments

Malaysian offshore soil investigation and geotechnical engineering services company Helms Geomarine has been selected to support Petronas’ carbon capture and storage (CCS) developments in Malaysia. The contract, announced at the end of June, was awarded by PETRONAS CCS Solutions (PCCSS) for an initi

about 1 month ago
FPSO construction starts in China for Angola’s ultra-deepwater development
Business Developments & Projects

FPSO construction starts in China for Angola’s ultra-deepwater development

Construction has started in China on the floating production, storage and offloading (FPSO) topside destined for an ultra-deepwater development in Angola being developed by Azule Energy, a joint venture between Italy’s Eni and the UK’s BP. The Greater PAJ project is described as Angola’s first integ

about 1 month ago
New contracts for Singaporean vessels after completing activities ‘beyond their traditional scope’
Business Developments & Projects

New contracts for Singaporean vessels after completing activities ‘beyond their traditional scope’

Three vessels owned by Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) have secured new offshore contracts after completing a series of construction support projects said to be beyond their traditional scope. POSH reported on July 30 that its multi-purpose servic

about 1 month ago
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