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Tideway joins Friends of the Supergrid
Tideway in Breda has joined Friends of the Supergrid (FOSG), Europe’s largest industrial alliance for interconnections, because it shares the vision that Europe will significantly benefit from an...
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More MA5P anchors successfully deployed at marginal field in Offshore Malaysia
8 units of 15 ton Mooreast MA5P anchors have been successfully installed at a newly developed field offshore Terengganu earlier last month. The installation team has delivered a great job by completing...
View ArticleOvername Imtech Marine door Pon Holdings en Parcom Capital
Pon Holdings en Parcom Capital hebben een akkoord bereikt over het in zijn geheel overnemen van Imtech Marine. Op dit moment worden de details rondom de overname verder uitgewerkt. Met de komst van de...
View ArticleNorway approves Wintershall’s Maria field development plan
Wintershall has received approval by the Norwegian authorities for the plan for development and operation (PDO) for the Maria development, offshore Norway. The company submitted the PDO to the Ministry...
View ArticleSeadrill breaks off construction contract for semi-sub West Mira
Offshore drilling contractor Seadrill Limited has notified Hyundai Heavy Industries Co Ltd. that it has exercised its right to cancel the contract for the construction of the West Mira. The West Mira...
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Bredenoord heading for offshore with new rental fleet
At the beginning of 2016 a new assortment of Marine & Offshore certified generators will become available as part of the rental fleet for the offshore industry. The machinery has been designed...
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Shell set to lay off 1300 workers in Malaysia
Shell will lay off around 1300 workers from its Malaysian subsidiary Shell Malaysia. According to Shell Malaysia, the move is a part of its transformation programme for its upstream division, which...
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Fugro integrates and rebrands UK based geotechnical specialists
UK geotech companies restructured as Fugro GeoServices Ltd The renaming completes the integration of key UK specialists – Fugro Seacore, Fugro Engineering Services, EM Drilling, Fugro Loadtest, Fugro...
View ArticleBASF and Gazprom complete asset swap
BASF and Gazprom have completed the swap of assets with equivalent value effective at the end of September 30, 2015, financially retroactive to April 1, 2013. With the swap, BASF is further expanding...
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Gazprom will considerably strengthen its positions in Asia-Pacific
As part of the Sakhalin Oil & Gas 2015 International Conference, Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee recently delivered a report entitled ‘Gazprom Group in...
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Collaboration with The Well Academy to develop well control training
Lloyd’s Register Energy’s Training Academy and The Well Academy are working together to develop a new enhanced training program for well control certification. Jeroen Bergevoet, Academy Training...
View ArticleGlomar buys Fugro Commander vessel
GloMar Shipmanagement Den Helder has acquired the Fugro Commander, a dynamically positioned ultipurpose vessel, from Fugro. Providing rationale for the move, the company said that growth of the GloMar...
View ArticleHeinen & Hopman becomes principal shareholder in Teknotherm Marine AS
Heinen & Hopman has bought, effective November 26th 2015, 60% of the shares in Teknotherm Marine AS. The deal includes the subsidiary companies in China, Poland, Turkey, Sweden and Tromsø, Norway....
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Gazprom delegation visits China
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation, paid a visit to China earlier this week. As part of the visit, Alexey Miller met with Zhang Gaoli, First...
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New RP on thermoplastic composite pipes offers cost savings
The oil and gas industry invests billions annually in offshore pipelines and risers. DNV GL has launched a recommended practice (RP) that allows operators to choose thermoplastic composite pipes...
View ArticleHitec to merge trio of Norwegian independents
Private equity investor HitecVision is merging three Norwegian oil companies into a new entity, Point Resources. Pure E&P (ex-Rocksource), Core Energy, and Spike Exploration are all said to be...
View ArticleWood Mackenzie: No sign of significant oil production shut-ins at US$35 per...
Wood Mackenzie’s latest global oil production analysis indicates that 3.4 million barrels per day (b/d) of oil production is cash negative at a Brent oil price of US$35. Since the dramatic drop in...
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SBM to lay off more workers
SBM Offshore laid off 3,200 workers in 2015 and intends to let go 400 employees this year, the floating production specialist said in its annual earnings report on Wednesday, February 10. Of the...
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Loss for Bluewater
Bluewater Energy Services, based in Hoofddorp, has posted a loss of $99 million for the fourth quarter of 2015, compared to a profit of $2.8 million in 4Q 2014. According to the company’s 4Q results...
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Introducing DG JACK during OTC Houston
DG Jack is the result of a collaboration between Damen and GustoMSC. At this year’s OTC in Houston the Damen Shipyards Group and GustoMSC announced the forming of a collaboration in order to produce a...
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