Statoil and the National Aeronautical and Space Administration (NASA) have formed a partnership to explore how technologies and knowledge from the space and oil and gas industries can be relevant to one another. Statoil and NASA have formed an agreement to explore a wide range of technologies to ass
For the 10th time over a 50 year period, the State of Ohio has selected Ellicott Dredges to supply new dredging equipment for its Department of Natural Resources (ODNR), which is responsible for maintaining the lakes in the State’s park system. The ODNR has agreed to a multimillion dollar contract t
Sikorsky Aircraft Corp. has announced that CHC Helicopter has signed a multi-year contract to purchase nine S-92(R) helicopters, with options to acquire up to 15 more, for use in transporting offshore oil workers and for possible search and rescue operations. CHC, based in Vancouver, British Columbi
DIAP Nabs Jurong Island Westward Extension Deal (Singapore) Dredging International Asia Pacific Pte Ltd (DIAP, DEME’s subsidiary for the South East Asia region) in a joint venture with Starhigh Asia Pacific Pte Ltd has been awarded a Design and Build contract for 148ha of land reclamation as an exte
Aker Solutions agreed today to sell its well-intervention services business area to EQT, a Swedish private equity fund, for an enterprise value of NOK 4 billion. The agreement includes an earn-out provision where Aker Solutions will receive 25 percent of any internal rate of return exceeding 12 perc
Centek Group, the leading centralizer manufacturer, has introduced its UROS-CT centralizer targeted on tight casing applications in deep water wells. The UROS-CT is designed for use in tight tolerance casings where the centralizer is required to compress fully to travel between tight casing strings
Centek Group, the leading centralizer manufacturer, has introduced its UROS-CT centralizer targeted on tight casing applications in deep water wells. The UROS-CT is designed for use in tight tolerance casings where the centralizer is required to compress fully to travel between tight casing strings
The Training Institute for Dredging (TID) has developed a complete capacity building program for cutter operators. The training (3-7 March, 2014, Kinderdijk) will be performed with the use of a new generation extremely realistic cutter simulator. The modern dredging operator desk of the simulator is
Rolls-Royce has signed contracts to deliver an extensive package of ship equipment for ten anchor handling offshore vessels to the Malaysian ship builder Nam Cheong. The contract includes an option for equipment for additional future vessels. The Rolls-Royce scope of delivery includes both deck mach
Harkand has entered into a charter agreement with Siem Offshore for the Offshore Subsea Construction Vessel (OSCV) ‘Siem Spearfish’. The agreement covers a firm period of five years with three yearly options and shall commence in May 2014. The vessel will support the development of the Harkand group
On November 11, COSCO (Zhoushan) successfully delivered a FPSO forebody, which was then being shipped by a COSCO Shipping-owned semi-submersible vessel, MV “Xiang Rui Kou”, to its overseas owner. Thanks to the great operational and technical support from COSCO (Shanghai), and the comprehensive plann
Kiasma and K&D Dredging with its new KFC system turbulent motion strengthened its presence on the American continent, Asian, African and European continent. With the discharge pipe HDPE KFC system, abrasion is reduced to 0,4 mm/1 million m3 of solid flow, unlike the steel pipe that is consumed on av
DOF Subsea AS, a subsidiary of DOF ASA has been awarded several contracts, with a total value of approximately NOK 400 million ($65.5 million). In the Brazil region DOF Subsea has been awarded an RSV contract with Petrobras. The contract has a firm period of 18 months and mobilization will commence
SPX Corporation today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest’s new offshore subsea heavy oil field project, currently being developed in the UK North Sea. Spec
