Latest News

Harkand Achieves Two Survey Firsts in Mexico

Harkand has successfully carried out the first ever free inertial metrology in Mexico's waters and at a new depth for this approach in the region.The global inspection, repair and maintenance company achieved the survey results for their client at a depth of 380fsw in the Bay of Campeche, setting a…


Damen Launches SSV Maersk Connector

Thursday 23 July saw senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group gather at Damen Shipyards Galati, Romania to witness the launching of subsea support vessel Maersk Connector. The vessel is owned and operated by Maersk Supply Service and is built to contract for a…


Iran Eyes $185 Billion Oil and Gas Projects after Sanctions

Iran on Thursday outlined plans to rebuild its main industries and trade relationships following a nuclear agreement with world powers, saying it was targeting oil and gas projects worth $185 billion (£118.6 billion) by 2020.Iran's Minister of Industry, Mines and Trade Mohammad Reza Nematzadeh said the Islamic Republic would focus…


Statoil Make ​Gas and Condensate Discovery in the North Sea

Operator Statoil and its PL146/PL333 partner Total E&P Norge have made a gas and condensate discovery in the Julius prospect in the King Lear area in the North Sea.The discovery well 2/4-23S, drilled by Maersk Gallant, proved gas and condensate in the Ula formation. Statoil estimates the volumes in Julius…


SMD Supply Work Class ROVs to China’s COOEC

SMD have announced the delivery of three Quantum Work Class ROV (WROV) systems to China's largest offshore engineering construction company, COOEC Subsea Technology Co Ltd.SMD were awarded contracts to supply COOEC with three Quantum MkIII 3000m rated WROV systems in the first quarter of 2015. The orders include one 12Te…


​First Well Spudded on the Gina Krog Field

Drilling of the first production well at the Gina Krog field has started, just eight days after the drilling rig arrived at the North Sea field.The drilling started on 20 July just after 18:00 CET. The Maersk Integrator rig will drill wells until sometime in 2019."We will now drill and…


​Global Marine Lands Subsea 7 Contract

Global Marine has secured a contract that will see it provide personnel and equipment that will support the delivery of a submarine fibre optic link between platforms on behalf of client, Subsea 7, a global leader in subsea engineering and construction, and end user BP.Global Marine will be providing highly…


Exxon’s Guyana Oil Discovery May Be 12 Times Larger Than Economy

An Exxon Mobil Corp. discovery in the Atlantic Ocean off Guyana may hold oil and natural gas riches 12 times more valuable than the nation's entire economic output.The Liza-1 well, which probably holds the equivalent of more than 700 million barrels of oil, may begin producing crude by the end…


InterMoor Completes Contract Offshore Trinidad and Tobago

InterMoor Inc., an Acteon company, has completed its role in the largest foundation installation project offshore Trinidad and Tobago to date. The final stage of the project involved hooking up Diamond Offshore Drilling Inc.'s Ocean Victory semisubmersible drilling rig to the preset mooring spread InterMoor had previously installed. This step…


First Production from Dalia Phase 1A Offshore Angola

Total has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. Dalia Phase 1A will develop additional reserves of 51 million barrels (Mb) and will contribute 30,000 barrels per day (b/d) to the block's production."The…


TAP AG selects Technip for a contract for Project Management Services

Technip has been awarded by TAP(1) a Project Management Consultancy (PMC) Services contract, for a project designed to transport gas from the Shah Deniz field to the European market.TAP project scope includes an approximately 870 kilometer long pipeline, which will start from the tie-in with the TANAP(2) portion of the…


Statoil to Start World's First Subsea Gas Compressor in September

Norway's Statoil plans to commission in September the world's first subsea gas compression facility, a technology that could prove significant for oil companies as they seek to move offshore equipment to the seabed, away from ice and storms.Statoil called the facility, supplied by Norway's Aker Solutions, "a quantum leap" in…


Centrica to Boost Production from Morecambe Bay

A new project to boost gas production from Morecambe Bay is set to take Centrica Energy's current investment in the region past the £100 million mark and unlock new gas reserves.Work to tap into new reserves in the North Morecambe field will start this month, unlocking up to an additional…


DeepOcean Wins Renewables Contract in Belgium

DeepOcean 1 UK Ltd, a subsidiary of DeepOcean Group Holding BV (DeepOcean), today announces that company has been awarded the inter array cable installation contract for the Bligh Bank Phase II Offshore Wind Farm offshore Belgium.Nobelwind NV is developing the Bligh Bank Phase II Offshore Wind Farm with fifty 3.3MW…


​Top Deck for Hejre Installed in Okpo

On Saturday 11 July 2015, the top deck for the Hejre platform was smoothly lifted into place at the DSME yard in Okpo, South Korea.The top deck was the last deck to be installed on the Hejre oil platform topside. Using two large crawler cranes, the procedure involved a tandem…


Edvard Grieg Topside Modules Successfully Installed

Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has successfully completed the installation of the topside modules on the Edvard Grieg field, offshore Norway.The Edvard Grieg topside installation consisted of lifting four modules onto the pre-installed jacket – the main deck frame, the utility…


Subsea 7 and KBR form Global Alliance

Subsea 7 announced today that it has signed an agreement to form an alliance with Houston-based KBR, Inc. (KBR) and its wholly owned subsidiary, Granherne Inc. (Granherne), to collaborate in the delivery of Concept and Front End Engineering and Design (FEED) services to the global offshore oil and gas industry.The…


Sembcorp Marine to Build World’s Largest Semi-Submersible Crane Vessel

Sembcorp Marine has announced that it has entered into an Engineering and Construction contract worth approximately USD1 billion with Heerema Offshore Services B.V. (HOS) to build a new DP3 semi-submersible crane vessel (NSCV). This follows an earlier exclusive letter-of-intent signed between SCM's wholly owned subsidiary Jurong Shipyard Pte Ltd and…


Harkand Makes Strategic Moves Affirming Financial and Operational Resolve

Harkand's key shareholder Oaktree Capital Management has reaffirmed a strong commitment with an additional $25 million (USD) of funding which will allow the company to expand its footprint in new and existing regions.As well as maintaining its operations in current market conditions, the global inspection, repair and maintenance company has…


​Petrovietnam Signs MOU with Murphy Oil USA

In the framework of the official visit to the United States, on 8th July 2015 afternoon at the U.S Chamber of Commerce, the General Secretary of Vietnam's Communist Party Nguyen Phu Trong witnessed the signing of important cooperation documents between enterprises of Vietnam and the United States.Mr. Nguyen Xuan Son,…