The Board of Directors of Saipem S.p.A. has confirmed the appointment of Umberto Vergine as CEO of Saipem S.p.A. The Board of Directors applied the evaluation criteria set forth in the Corporate Governance Code promoted by Borsa Italiana to ascertain that the Directors Francesco Carbonetti, Rosario
DNV GL, the world’s leading ship and offshore classification society and one of the world’s leading technical risk service providers, has acquired Marine Cybernetics, the leading company for third-party testing of computer control systems. The acquisition expands DNV GL’s scope of services in the of
Hydratight, one of the world’s leading pipeline joint integrity companies, and AS Connector, a dedicated deepwater engineering company, have signed a formal agreement to jointly supply subsea pipeline inspection, repair, and maintenance solutions. This collaboration comes as a response to better mee
Greece based Assodivers have confirmed an order for an additional SMD Atom 100hp 3000m rated work class remotely operated vehicle (ROV) complete with Launch and Recovery system (LARs). The work class ROV system will be delivered during the third quarter of this year and will complement their existin
UMW Naga 5 jack-up drilling rig reaches its destination in the Philippines, with spud expected later this week. Nido Petroleum Limited has, on behalf of the Service Contract 63 Joint Venture partners, PNOC-EC and Dragon Oil (Philippines SC 63) Limited, informed that the UMW Naga 5 jack-up rig arri
The Kuwait Petroleum Corp (KPC) and Shell signed a six-year LNG import deal worth about $12 billion. KPC also plans to ink a $3 billion LNG supply deal with BP on Monday, Reuters reported, citing Nasser al-Mudaf, head of KPC’s international marketing division as saying. Surging air conditioning dema
INPEX and Shell have announced plans to invest in a significant new project to construct a subsea optical fibre cable system with the Nextgen Group, delivering critical infrastructure for the nation’s resources industry. The subsea fibre optic cable system will provide the INPEX Ichthys Liquefied Na
INPEX and Shell have announced plans to invest in a significant new project to construct a subsea optical fibre cable system with the Nextgen Group, delivering critical infrastructure for the nation’s resources industry. The subsea fibre optic cable system will provide the Inpex Ichthys LNG and Shel
Lundin Petroleum AB has successfully completed the appraisal drilling and testing of the well 16/1-18 on the Edvard Grieg field in the North Sea sector of the Norwegian Continental shelf. The Edvard Grieg field was discovered by well 16/1-8 drilled in 2007. The appraisal well 16/1-18 was drilled 2.4
Faroe Petroleum announced that drilling has reached target depth on the Centrica-operated Butch East exploration well 8/10-5S and a subsequent up-dip appraisal well 8/10-5A, the first of two back-to back-wells in Licence PL405, following up the Butch Main discovery (Faroe 15%). The Butch East explor
Petrobras has completed drilling the last exploratory well under the Rights Transfer agreement in the Santos Basin pre-salt. Well 4-BRSA1226-RJS (4-RJS-728), the third drilled in the Entorno de Iara block, has confirmed the discovery of good quality oil in the pre-salt reservoirs. Known as Entorno d
Louisiana LNG Energy (LLNGE) has secured funding from an affiliate of ArcLight Capital Partners for LLNGE’s mid-scale LNG export terminal currently under development in Louisiana along the Mississippi River. The LNG project, expected on-line in late 2017, has export capacity of 2.0 million tonnes pe
Eekels has realised the installation of new measurement and communication networks on board the m.s. Siem Moxie as commissioned by Siem Offshore contractors GmbH. The m.s. Siem Moxie was especially designed for the safe transfer of personnel and material to off-shore constructions. A substantial num
Between 18 February and 7 March 2014, the Petroleum Safety Authority Norway carried out an audit of Statoil’s work to ensure compliance with the regulatory requirements for barrier management in the Gina Krog development project. The objective of the activity was to audit Statoil’s own management sy
