OEG Offshore Group, a provider of specialist equipment to the offshore oil and gas industry, has announced the acquisition of a majority interest in the company by KKR, with the executive management retaining a significant holding in the company. OEG is headquartered in Aberdeen, UK with regional hu
Welltec has been awarded a direct contract for the provision of Well Tractor® and mechanical intervention services for PETRONAS Carigali Sdn Bhd (PCSB) in Malaysia. The scope of the work is for rig support and well intervention as required for 70 wells in the East region assets group, including Saba
The Supervisory Board of Directors of South Stream Transport B.V. has met in Amsterdam to discuss progress of the South Stream Offshore Pipeline. The Supervisory Board was updated on preparations for construction of the first two underwater pipelines. Activities to construct the first two lines thro
Providence Resources has provided an operational update on activities in FEL 2/04, FEL 4/08 and FEL 1/14, which are all located within Quadrant 35 in the northern Porcupine Basin. Capricorn Ireland Limited (38%, Operator (wholly owned subsidiary of Cairn Energy PLC)) operates these licences on behal
The Supervisory Board of Directors of South Stream Transport B.V. met yesterday in Amsterdam to discuss progress of the South Stream Offshore Pipeline. The Supervisory Board was updated on preparations for construction of the first two underwater pipelines. Activities to construct the first two line
Moffatt & Nichol – one of the world’s leading specialised maritime planning and engineering firms – installed DHI’s software, the MIKE on their High Performance Computing (HPC) system. Over the last two decades, HPC has become one of the fastest growing markets in the information technology sector.
The concept of a test facility for innovative temporary flood defence barriers has proven so successful that within its first year the location of Flood Proof Holland in Delft, the Netherlands had to be expanded. The test facility was officially reopened on 3 July and now accommodates six stand-alon
Penspen has been awarded a contract to provide Abu Dhabi Marine Operation Company (ADMA OPCO) with Project Management Consultancy Services for Additional Gas Supply from USSC Project in the UAE. Under the terms of the contract, Penspen will project manage Technip/NPCC in its upgrade of the gas facil
Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has added several sales and marketing professionals to its Texas and Oklahoma offices. Cheri Vetter has been named business development manager in Houston; Stan Herl, U.S. sales m
Engine producers Fairbanks Morse, an EnPro Industries company, and MAN Diesel & Turbo have finalized a strategic agreement to cooperate in the U.S. power market for gas and dual-fuel engines. The companies agreed on an exclusive cooperation in the power sector for a fixed period of five years. The d
Harkand has successfully completed the test fit of the newbuild self-propelled hyperbaric lifeboat (SPHL) to the hyperbaric rescue facility (HRF) at Unique Maritime Group’s facility in New Iberia, Louisiana. In the Gulf of Mexico, industry standards require diving support vessels to be equipped with
Harkand successfully completed the test fit of the newbuild self-propelled hyperbaric lifeboat (SPHL) to the hyperbaric rescue facility (HRF) at Unique Maritime Group’s facility in New Iberia, Louisiana. In the Gulf of Mexico, industry standards require diving support vessels to be equipped with a m
Drydocks World, the international service provider to the shipping, maritime, offshore, oil, gas and energy sectors, announced the completion of a major refurbishment carried out on National Drilling Company’s (NDC) Offshore Drilling Rig Al Ghallan. The project is part of a series of four rig repair
Electromagnetic Geoservices ASA (EMGS) has declared the second of the originally 3 x 12 months options for research and survey vessel Boa Galatea, as per Charter Party dated 12.03.2007. The Vessel is therefore on firm contract up to 17th of July 2016, with another 1 x 12 months option remaining. The
