Island Offshore, a leading name in global Light Well Intervention (“LWI”) activities, has been awarded a major contract extension with BP Exploration Operating Company Ltd (“BP”), one of the world’s most respected international energy companies. The two-year contract extension, covering 2014 and 201
Integra Group announced that it has signed a multi-year service contract with JSC Yamal LNG. The agreement covers development drilling services to be provided at the South-Tambeyskoye field on the Yamal peninsula on a day-rate basis. The contract was signed by Integra Group’s subsidiary Integra-Dril
Statoil ASA has employed the services of SPX’s ClydeUnion Pumps as prime contractor in the development of the next generation Advanced Electrical Submersible Pump (AESP). The AESP will be designed to address the offshore oil and gas industry’s increasingly challenging operating conditions. During th
SeaBird Exploration Plc (“SeaBird”) will, in partnership with GeoPartners Ltd (“GeoPartners”), commence a project offshore Namibia. The 2D acquisition program is of approximately 4,700km and will be acquired using the survey vessel Osprey Explorer currently in transit to Walvis Bay. Commencement is
Saipem has been awarded new E&C Offshore contracts in Latin America for the total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project, in the Gulf of Venezuela. The sc
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that it has acquired a 50% interest in the leading 3D sonar visualisation company ADUS to form ADUS DeepOcean Ltd. ADUS, originally a spin out from the University of St Andrews and Dundee University, has rapidly acquired a glo
Pars Oil and Gas Company (POGC) has signed six agreements with domestic companies and contractors. The first agreement was for drilling four wells in Phase 1 of the giant offshore South Pars gas field for 140 million dollars. It was signed with the National Iranian Drilling Company (NIDC). The drill
Neptune Marine Services Limited (Neptune or the Company) announces that it has been awarded a contract extension from Eni on the recently announced IRM works in the Blacktip field. The extended Eni scope of work includes a geotechnical drilling campaign and is expected to be followed by the utilisat
Teekay Offshore Partners (Teekay Offshore or the Partnership) announced that the Board of Directors of its general partner, Teekay Offshore GP LLC, has approved an increase to the Partnership’s first quarter of 2013 cash distribution to be paid on May 14, 2013, to all unitholders of record on April
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development. The 22 km Nexans umbilical will be ins
The Wilson Sons Group inaugurated the second Wilson Sons Shipyards unit in Guarujá (SP) on Thursday, April 18th. As a result of a US$ 60 million investment, the shipyard,, which builds tugboats and offshore support vessels, is expected to double its capacity. The shipyard, which has been named Guaru
Telx®, a leading provider of global interconnectivity, cloud enablement services and datacenter solutions, announced that Seaborn Networks, the developer and operator of the first direct submarine cable between the New York metro area and Sao Paulo, Seabras-1, is establishing new gateways to Brazil
Noble Corporation announced that the Company has entered into two three-year term drilling contracts with Plains Exploration & Production Company for the Noble Sam Croft and the Noble Tom Madden, two of Noble’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industri
Norway’s Acona AS has been awarded long term Well management agreement with Germany’s Bayerngas. Acona’s planning of the first Bayerngas-well will probably start in the autumn. The agreement also provides Acona opportunity to work for Bayerngas’ operations in the UK. “The agreement consolidates Acon
