Offshore

BP to Relinquish Three Offshore Uruguay Blocks

British oil major BP has halted its deepwater exploration activities off Uruguay as it prioritizes lower-risk projects at a time of low international prices, an

Polarcus Awarded Additional Broadband 3D Project

Polarcus Limited ("Polarcus") (OSE: PLCS)  has announced  that the Company has received a Letter of Intent ("LOI") from an undisclosed client for a 3D marine seismic

Statoil's Peregrino Crosses 100 Milliion Bbls

After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 million barrels of oil produced since April 2011.

BP to Relinquish Three Offshore Blocks in Uruguay

British oil major BP has halted its deepwater exploration activities off Uruguay as it prioritizes lower-risk projects at a time of low international prices, an

Underwater Technology Seminar: ‘Bigger and Better’

Teledyne Marine’s Underwater Technology Seminar 15 (UTS15) is scheduled to take place October 4-7 in San Diego, Calif.   According to the organizers, UTS15 has

CWind Joins National Workboat Association

Citing crew transfer services as an integral part of its offering, offshore wind industry service provider CWind announced it is now a member of the National Workboat Association (NWA) of the U.

BG Group Starts up Sixth FPSO in the Santos Basin

BG Group announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the

Strainstall Wins EEEGR Innovation Award

James Fisher and Sons plc’s group company Strainstall has been recognized for its approach to delivering improved safety and cost-effective solutions to the offshore wind industry.

BG Awards Fugro MBES, Seabed Coring Contract

Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign

EU Suspends Halliburton, Baker Hughes Review

European Union antitrust regulators have suspended their review of Halliburton Co's $35 billion bid for oilfield services rival Baker Hughes Inc because the companies

Oil at Six-Month Low as OPEC Ramps Up

Brent hits lowest since late January as OPEC oil output hits new high in July. Oil hit six-month lows on Monday, knocked by fresh evidence of growing oversupply

Diamond Offshore Profit Beat Street on Rig Demand

Total operating expenses also down 10.5 pct. Diamond Offshore Drilling Inc, one of the world's top-five offshore rig contractors, reported a much higher-than-expected quarterly profit,

Maintenance Suspends BP's Shah Deniz Platform Ops

British oil major BP has suspended operations on the Shah Deniz platform in the Caspian Sea as well as the Shah Deniz facility inside the Sangachal terminal for planned maintenance from Aug.

Jonathan Appointed LOC Group's London MD

  In line with LOC’s continual global growth and strengthening of the senior management team,  Britain has been appointed as Managing Director of the London operation.

Contship Italia Signs Iran MoU

  Contship Italia Spa, also on behalf of Eurogate GmbH & Co. KGaA, KG, recently signed a strategic Memorandum of Understanding (M.O.U.) with Sina Port & Marine Company (SPMCO),

Strategic Marine’s Stock Program Full Power Ahead

  Strategic Marine, the specialist shipbuilder and fabricator, has confirmed its stock program of personnel transport vessels is market-ready. “Our stock program

First LNG Shipment from Donggi Senoro in Indonesia

 Indonesia’s $2.8 billion Donggi-Senoro LNG project has shipped its first cargo of the chilled gas on August 2, Mitsubishi Corp, which holds about 45 percent of the project, stated.

Fugro Wins BG Honduras Contract

  Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder survey and seabed coring campaign

New Study Examines Hurricane Intensity; Pollution Transport

Researchers study currents that fuel hurricanes and transport pollutants to coastal beaches.   As tropical storm Isaac was gaining momentum toward the Mississippi River in August 2012,

Jee Announces New Structure, Promotions

Jee Ltd, a leading subsea multi-discipline engineering and training company, has announced a number of key internal promotions to strengthen its capabilities and champion the delivery of projects.

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