During the first quarter Oceanteam Shipping ASA increased its level of activity with start up of several new contracts for RentOcean, its marine asset services division. The Company increased its strategic ownership in the design engineering firm KCI to 100 % and commenced an investment programme na
Tangiers Petroleum Limited has advised that drilling of the exploration well TAO-1 off the Moroccan Atlantic coast is on track to start in mid-late June, with the Ralph Coffman jack-up rig now mobilised. The TAO-1 well is a potential company-maker for Tangiers with 190 million barrels of net best es
ADV Ocean Shield has arrived back in the MH370 search area. The Autonomous Underwater Vehicle, Bluefin-21, was deployed from the vessel this morning. It remains underwater on its search mission. Over the next week, Bluefin-21 will search the remaining areas in the vicinity of the acoustic signals de
EMAS, the operating brand of Ezra Holdings, a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, informed that the Group has won contracts around the world and across its Subsea Services and Offshore Support Services divisions totalling more than US$9
Statoil has announced that production from a subsea template at the Snorre B platform was shut down on 17 May following the discovery of an abnormal erosion of mass under the template. Over the last 24 hours, no movement has been observed in the pit at the subsea template. The area is under continuo
Subsea 7 S.A. has been awarded its largest UK EPIC services contract, valued in excess of $460 million by Premier Oil UK Limited, in support of its Catcher Area Development, located 180km east of Aberdeen in Central North Sea Block 28/9. The contract covers the provision of project management, engin
Siemens Energy has entered into a charter agreement with DBB Jack-Up Services A/S for the use of a new purpose-built jack-up vessel, the Wind Server, designed for the service and maintenance of the rising number of large scaled offshore wind power projects across Northern Europe. The three-year term
Dana Petroleum’s gas export/import pipeline for the Western Isles Development Project has been successfully installed on to the seabed. The pipeline will export excess produced gas to the Tern – North Cormorant gas pipeline and import gas for lift gas and fuel when required. The 11 kilometre long, s
Bibby Offshore announces a successful first quarter of the year for its recently opened Newcastle office. With existing premises in Aberdeen and Liverpool, Bibby Offshore is expanding its presence across the UK. Since its opening in November 2013, the Newcastle office has employed 23 skilled personn
The Pateke-4H well in PEP 38158, offshore Taranaki, has been successfully completed and suspended for production at a later date, the operator has advised. Production from Pateke-4H is planned for the first half of 2015 following the installation and commissioning of a subsea flowline and ancillary
Aberdeen-headquartered industrial services contractor Bilfinger Salamis UK has been awarded a significant contract for the supply of the fabric maintenance services support and access solutions by Aker Solutions for the first stage of decommissioning CNR International’s Murchison Platform. The contr
Hvide Sande Shipyard (HSSB) has designed and developed a new generation of SWATH vessels for transportation of up to 12 service technicians and spare parts to offshore wind farms. The SWATH vessel is designed as a 24 metres long, high speed, catamaran, built as a fully composite vessel, with the pos
Primeline Energy Holdings Inc. announced that the overall development programme for its LS36-1 gas field development has received final approval from the Chinese Government. China National Offshore Oil Corporation (CNOOC) notified Primeline that the National Development and Reform Commission (NDRC)
DOF Subsea Norway AS has been awarded a call-off on an existing survey frame agreement with Statoil Petroleum AS for Multibeam Echosounder (MBE) inspection and AUV survey services in the North Sea. The call-off has a firm period of approximately 50 days in addition to optional services and will be p
