Pacific Drilling S.A. announced that a subsidiary of Total S.A. has elected to exercise a one-year option to extend the firm contract term for the Pacific Scirocco to January 2015. The contract provides for a further option, to be exercised at the client’s discretion by April 7, 2014, which could re
Reef Subsea has secured two contracts for offshore operations in the West Africa region with a combined value of more than US$15M (£9.8 Million). The firm’s IMR and Construction division, based in Bergen, Norway, is working with two major oil and gas companies on the projects in The Republic of Cong
Forum Subsea Rentals, the Aberdeen based equipment rental specialist have made a further significant investment in inertial navigation technology from supplier iXBlue. This latest investment makes Forum Subsea Rentals one of the world’s largest stockists of iXBlue products. The equipment is due to b
EnerMech, an international provider of mechanical services solutions to the energy services sector, has received additional £20 million funding from Lloyds Bank Commercial Banking in Aberdeen. The latest tranche of funding will support EnerMech’s organic growth initiatives and will also assist in fu
Bord Gais Eireann is looking for a provider of Planning and Environmental Services for the Tidal Ventures Ltd. Project. A Lead Consultant will manage a team which will be suitably qualified and experienced in the preparation and completion of the Marine Licence, Planning Application and all associat
Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, has received notification that the Falkland Islands Government (FIG) has extended the second term of the Company’s PL001 Licence by one year, to 25 November 2016, with no additional work comm
Wood Group PSN (WGPSN) has secured a significant two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD $150 million. Under the contract, WGPSN will continue to provide engineering, procurement, construction and
Borders & Southern, the London based independent oil and gas exploration company, provides an update on its activities in the South Falkland Basin. The PGS vessel Ramform Challenger has completed the Company’s 3D seismic programme in the South Falkland Basin offshore the Falkland Islands. It acquire
Subsea 7 S.A. announced the award of a contract worth in excess of U$350 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Kommandor 3000 on a day rate basis for five years. Kommandor 3000 will start operations under the contract in 2013, and during the
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The agreement was signed in Baku, by Rovnag Abdullayev, President and CEO o
FMC Technologies, Inc. announced that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $47 million in revenue. The Tyrihans field is located in the Norwegian Sea in water depths of 984 feet (300 meters). This order cove
McDermott International, Inc. announced today that one of its subsidiaries has been awarded two projects for a customer in the Arabian Gulf. The value of these contracts is approximately US$900 million and is included in McDermott’s first quarter 2013 backlog. The first project includes engineering,
DeepOcean has been awarded a 20 months extension of the Atlantic Challenger contract with offshore contractor Constructora Subacuatica Diavaz, S.A. de C.V. (Diavaz), in Mexico. DeepOcean was awarded the existing contract in 2011 and the Atlantic Challenger has been working in Mexican waters for many
Subsea 7 has extended the contract for Skandi Seven with one year from April 2013. Skandi Seven is a contruction and flexlay vessel, capable of operating in water depths up to 3,000 meters. The 2008 built vessel is equipped with a 250 mt crane and 2 ROVs. The DOF Subsea Group is a specialist subsea
