The Spanish-based subsea services company ACSM, has boosted the top end of its ROV fleet with a Saab Seaeye Cougar. This comes as ACSM builds an ROV fleet that can offer a full range of ROV services to the subsea market, alongside their core business of providing ROV personnel and services to custom
“Having completed a number of major investment projects over the last few years, Marathon’s 2011 budget has shifted toward an emphasis on more scalable and lower-risk activities, largely aimed at liquids rich opportunities such as the Bakken, Anadarko Woodford, Eagle Ford and Niobrara resource plays
Eurocopter officially inaugurated its new North Sea Service Centre in Aberdeen, Scotland today, providing a highly capable training, technical support and logistics facility in close proximity to helicopter operators who support the region’s vital oil and gas industry – as well as the emerging wind
BP Norge AS (BP) has been granted consent to use Valhall PH as a living quarters facility. Valhall PH is an integrated process and living quarters facility which will replace the living quarters facility QP and the production and compression facility PCP. The consent regards use of Valhall PH as a l
In accounts for the 4th quarter 2010 Farstad Shipping will be booking a loss on accounts receivable of approx NOK 46 million related to freight income earned by one of its’ vessels which this autumn was contracted by the UK company Subocean Group. Subocean Group went into administration last week Fr
GE announced the successful closing of its $3 billion acquisition of Dresser, Inc., a global energy infrastructure technology and service provider, from funds managed by Riverstone Holdings LLC and First Reserve Corporation, Dresser management and its other stockholders. The move significantly expan
Fugro GEOS has secured two large metocean (meteorological and oceanographic) measurement studies for Statoil in the Norwegian and North Seas. These highlight the importance of accurate metocean data at the design stage of development of offshore fields, and for life extension of existing fields. The
Magellan Petroleum Australia Ltd (“MPAL”), a wholly-owned subsidiary of Magellan Petroleum Corporation (“Magellan”, “Company”), and Santos Offshore Pty Ltd (“Santos”) have agreed to extend the closing date for the sale of Santos’ 40% stake in the Evans Shoal gas field located offshore Northern Terri
Chevron Corporation today filed a civil lawsuit under the Racketeer Influenced and Corrupt Organizations Act (RICO) as well as other federal and state laws against the trial lawyers and consultants leading a fraudulent litigation and PR campaign against the company. Through the lawsuit, Chevron seek
Otto Marine Limited, (“Otto Marine” or the “Group”), a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announces that its wholly-owned subsidiary, Otto Ventures Pte Ltd (“OVPL”), has signed a de
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announced on December 13th 2010 that it plans to drill a second production well in the Jacky field i
Incat Crowther announces that they are designing a second 28m Wave Piercing Catamaran Crew Boat to support offshore oil and gas operations. Incat Crowther has again worked with Topaz to develop a 24 hour version of the innovative crew boat. The new vessel shares the same hull configuration, as well
On Thursday February 3, 2011, for the fourth consecutive year, BOURBON will be one of the key exhibitors at the Clic&Sea “Métiers de la Mer” recruitment fair, to be held in Paris (France). Clic&Sea is a valuable forum where French professionals and students from the maritime world can meet, talk, sh
BP announced today that it has joined Chevron, ConocoPhillips ExxonMobil and Shell as a member of the Marine Well Containment Company LLC (MWCC). BP brings its marine response experience and equipment to the MWCC. “Last autumn we made an ongoing commitment to share what we’ve learned and the experie
