Offshore

Offshore Installation at Lerwick

  A large steel oil storage tank to be installed west of Shetland as part of Premier’s development of the Solan field has arrived in Lerwick onboard a heavy-transport vessel Xiang Yun Kou,

Wagenbourg New Crane for Oil, Gas, Energy Sector

  Wagenborg Nedlift has expanded her crane fleet with a brand new 700 tonnes mobile crane. With this crane the fleet is significantly strengthened. Equipped with

Eni to Revive Saipem Sale Plans

The new management of Italy's Eni plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas,

Study: An Arctic Oil Well Blowout Could Spread More Than 1,000km

Oil from a spill or oil well blowout in the Arctic waters of Canada's Beaufort Sea could easily become trapped in sea ice and potentially spread more than 1,000 kilometres to the west coast of Alaska,

TDW Replaces Valves, Repairs Lines Offshore Malaysia

Keeping offshore Malaysias safe; valve replacements and line repairs using SmartPlug isolation tool When it comes to keeping pipelines in top operating condition,

Westermeerwind Wind Farm Construction Begins

Mammoet announced today that Westermeerwind BV has reached financial close on July 25 for the turnkey construction of the Westermeerwind wind farm in Ijsselmeer,

Hydro Group: Invest in the Future

Hydro Group shows a clear commitment to the next generation of employees Figures published earlier this year show that Scotland’s current levels of youth unemployment (16-24-year-olds) is at 853,

Gas Prices Help Offset Statoil's Output Drop

Statoil's second quarter 2014 net operating income was NOK 32 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.

New UTEC Website Enhances Customer Experience

To heighten customer engagement and meet the complex needs of its growing global client base, UTEC has announced what it is calling a significant step forward in its customer service ability.

IHC Hytech Wins Order for Containerized Air-dive Spreads

IHC Hytech, part of Royal IHC, has secured an order for two innovative containerized air-dive spreads from Bluestream, an offshore and subsea company that operates in the oil and gas,

Repsol Profit Tops Forecasts on Refining Strength

Adjusted Q2 net profit 390 mln eur versus 296 mln forecast; refining margins up 19.2 percent, output down 5.8 pct. Shares up 1.8 percent, in line with market. Cash-rich

Oil Flat at $107; Good Supply Offsets Risk

Brent set to end week nearly flat as liquidity dries up. Cushing inventories fall further, near minimum operating levels. Oil held steady around $107 a barrel on Friday,

Gulf Island Fab Sign Bechtel Offshore Cooperation Agreement

Gulf Island Fabrication, Inc. says it has signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.

Farstad Offshore Vessel Squadron Chartered Out

Farstad Shipping ASA reports the following charter contracts, with a total value (including options) of approximately NOK 1.75-billion, as follows: Inpex has awarded

6 MW Offshore Wind Turbine of Siemens Certified

  Siemens Energy has obtained type certification of DNV GL for the company's innovative D6 offshore wind turbine. The model Siemens SWT-6.0-154 is equipped with a modern direct drive generator,

Turkey Approves EIA Report for South Stream’s Offshore Section

The Ministry of Environment and Urban Planning of Turkey approved the Environmental Impact Assessment (EIA) Report and issued a positive opinion of the EIA results

BW Offshore to Fully Own FPSO Petroleo Nautipa

Following to BW Offshore's announcement of 9 July 2014, BW Offshore has signed a sale and purchase agreement with Yinson to take 100% ownership of the FPSO Petroleo Nautipa,

North Sea Operator Awards Contract to AGSL

Asset Guardian Solutions Ltd (AGSL), which specializes in protecting companies’ process critical software assets, announced that it has been awarded a key contract

New Crewboat Design for Offshore O&G Market

Upgraded crewboat design employs carbon-reinforced composite materials and is lighter, faster and more fuel-efficient than alternatives. Marine Oil Transportation

Husky Energy Profit Rises on Increased Production

Husky Energy Inc, Canada's No.3 integrated oil company, reported a 4 percent increase in second-quarter earnings, helped by an 8 percent rise in production. Net

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