Offshore Energy

Claxton Appoints Jolley as New VP

Claxton Engineering Services, an Acteon company, has appointed Martin Jolley as vice president sales and commercial to spearhead its global sales and commercial strategy.

DNV GL Publishes Regulatory Roadmap for Floaters in the US

DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters.

AWS Wave Power Generator Deployed

AWS Ocean Energy developing its wave power technology for use in fish farms, harbor breakwaters through to major utility-scale offshore wave farms.   Inverness-based

Eni's Outlook Improved: Moody's

Moody's said on Tuesday it had raised the outlook on its rating on state-controlled oil major Eni to stable from negative to reflect an improvement in the country's sovereign risk outlook.

NJ Congressmen Supports Offshore Wind Proposal

Congressman Frank Pallone has issued the following statement in response to the Department of the Interior’s announcement of the proposed lease sale for nearly 344,

Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola

  Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA,

ICBC Financial Leasing Purchase 2 CIMC Raffles Drilling Rigs

ICBC Financial Leasing Company Limited signed a leasing project with Schahin of two ultra-deepwater drilling rigs during China-Brazil Business Council-Annual Meeting 2014 on 17th July 2014.

TIW Delivers Safety Valves to MWCC

TIW Corporation has announced the completion and delivery of two large diameter Ball Type Safety Valves to Marine Well Containment Company (MWCC) for use with its expanded containment system.

Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm

An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for Exxon Mobil Corp.

McDermott Awarded Megalodon Platform Installation

McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter

Smit Lamnalco Aids Transfer of Largest HVDC Platform

Five vessels of Smit Lamnalco, the global marine service provider, played the key role in the unberthing and float-over of the world's largest high voltage direct current (HVDC) platform,

Gabon Selects 7 Firms for Final Oil Block Talks

Gabon's oil ministry said on Monday it has selected seven firms for a final round of negotiations as part of an offshore licensing round the government hopes will reverse a chronic decline in output.

Reflex Marine Gains LEEA Development Member Status

Reflex Marine announced it was awarded Lifting Equipment Engineers Association (LEEA) development member status. LEEA is the representative body for the lifting industry.

JFMS Launches Grimsby Marine Support Base

JFMS, part of James Fisher and Sons plc, has announced the launch of an operational base, in Port of Grimsby East, to support construction and O&M activities within the growing offshore wind sector.

Nigeria's Former OPEC Secretary General Lukman Passes

Former OPEC secretary general Dr. Alhaji Rilwanu Lukman, who led the oil producer group between 1995 and 2000, passed away in the early hours of Monday in Vienna, the organization said in a statement.

Oil Steadies at $107 After Iran Talks Extended

Iran nuclear talks extended, pressure for deal intensifies; U.S. accuses Russia of complicity in shooting down flight MH17 Brent crude oil steadied around $107

Halliburton Rebounds With North America drilling

Halliburton Co, the world's No.2 oilfield services provider, reported a better-than-expected 10 percent rise in quarterly revenue, signaling an industry-wide recovery

Statoil Production Resumes at Njord Field

Norwegian energy firm Statoil has resumed oil and gas production at its Njord platform after reinforcing the structure, but still plans to bring the platform to shore in 2016 for further upgrades.

Exxon Rig Enters Uncharted Waters of Russian Political Storm

U.S. sanctions on Russia include Rosneft, Exxon's partner: Project may not break sanctions, but brings political risks. An ordinary, long-scheduled journey of

Lundin Petroleum Finds Arctic Oil

Swedish oil firm Lundin Petroleum has confirmed the size of a significant oil discovery in the Arctic, the company said on Monday after completing a second well.

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