Forum Energy Technologies, Inc. today announced the sale of five Perry XLX Heavy Work-Class Remote Operated Vehicle (ROV) systems to Marine Platforms Limited (MPL). MPL offers diverse oil and gas services to the upstream sector of the oil and gas industry in West Africa from their Lagos and Onne Fre
ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has received a letter of intent from Mitsui & Co., Ltd. to provide pipeline coatings and related products and services for the gas export pipeline on the Ichthys Gas Field Development Project. The letter of intent is conditional on
ST Kinetics, the land systems arm of ST Engineering, and Cargotec, on November 18, signed a cooperation agreement to develop automated seaport equipment. The parties have agreed to begin cooperation by developing prototypes and related systems for container terminal customers. ST Kinetics brings to
Lundin Petroleum AB (Lundin Petroleum) announced this morning that it has discovered oil in the Janglau-1 well that was drilled in Block PM308A, offshore Peninsular Malaysia. Janglau-1 was drilled to a total depth of 3,820 metres by the jackup rig “Offshore Courageous”. The objectives of the well we
The President of the Republic of Angola, José Eduardo dos Santos, and Eni CEO Paolo Scaroni met in Luanda yesterday to discuss Eni’s activities and projects in the country. In the meeting, the parties talked about the important results achieved through recent exploration in Angola, including the dis
Oceaneering International, Inc. announced that its wholly owned Norwegian subsidiary, Oceaneering AS, has entered into a definitive agreement to acquire AGR Field Operations (AGR FO) from AGR Group ASA and FieldCo Invest AS. AGR FO, headquartered in Bergen, Norway, is a provider of inspection, maint
Oceaneering International, Inc. announced that its wholly owned Norwegian subsidiary, Oceaneering AS, has entered into a definitive agreement to acquire AGR Field Operations (AGR FO) from AGR Group ASA and FieldCo Invest AS. AGR FO, headquartered in Bergen, Norway, is a provider of inspection, maint
Forum Energy Technologies, Inc. (Forum) announces the sale of five Perry XLX Heavy Work-Class Remote Operated Vehicle (ROV) systems to Marine Platforms Limited (MPL). MPL offers diverse oil and gas services to the upstream sector of the oil and gas industry in West Africa from their Lagos and Onne F
The unique fuel conversion of the product tanker ‘Bit Viking’, from heavy fuel oil to gas operation, has been finalised and in October the vessel was handed over to the customer, Tarbit Shipping. The re-commissioned vessel is operated by Statoil along the Norwegian coastline, and the conversion carr
Chevron Corporation has issued an estimate of total oil volume from ocean floor seep lines near its Frade Field, offshore Brazil Chevron said it believed that approximately 2,400 barrels of oil have been emitted to date since seeps were first detected on November 9. The company noted that this estim
Capital Product Partners L.P. announced that it has secured long-term fixed rate time charter employment with profit share arrangements for its remaining spot VLCC, the M/T ‘Achilleas.’ In particular, the M/T ‘Achilleas’ (297,863 dwt, built 2010 Universal Shipbuilding Corp.) has secured employment w
TORM has entered into an agreement to cancel one MR product tanker newbuilding, which was scheduled for delivery in March 2013. The parties have agreed not to disclose the terms. “TORM has cancelled an MR newbuilding as part of the Company’s overall plan to preserve cash and delever the balance shee
The International Maritime Organization (IMO) has focused heavily on actions to stem climate change and to address piracy off the coast of Somalia, in what has been a busy and productive biennium for the Organization on the regulatory front, Secretary-General Efthimios E. Mitropoulos told delegates
The giant Pazflor development, which lies 150 kilometres offshore Luanda in Angola, was inaugurated today at a ceremony attended by José Botelho de Vasconcelos, Angola’s Minister of Petroleum, Manuel Vicente, Chairman and CEO of Sonangol, Christophe de Margerie, Chairman and CEO of Total, Yves-Louis
