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Page 2 of 453 (6781 total stories) [ << | < | 1 | 2 | 3 | 4 | 5 | 6 | 7 | > | >> ]  

Statoil Wraps Up Shah Deniz Asset Sale Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Monday, May 04, 2015 @ 15:30:15 GMT (745 reads)
ACQUISITION/MERGER NEWS

 Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on October 13, 2014.

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Helix Sees Profit Drop Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Wednesday, April 22, 2015 @ 15:34:40 GMT (950 reads)
SALES NEWS

Houston-based well intervention and robotics specialist, Helix Energy Solutions, recorded earnings of $19.6 million, or $0.19 per diluted share, for the first quarter of 2015 (Q1 2015) compared to earnings of $53.7 million, or $0.51 per diluted share, for the same period in 2014.

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BLUESTREAM PICKS PANTHER TO CUT CONSTRUCTION COSTS Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Monday, April 20, 2015 @ 13:48:04 GMT (1124 reads)
ROV NEWS

With the subsea industry looking to cut costs, Bluestream Offshore has ordered a fourth Saab Seaeye Panther XT Plus ROV to undertake tasks normally performed by hydraulic vehicles.

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Shell to buy BG Group in $69.7 billion takeover Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Thursday, April 09, 2015 @ 09:27:56 GMT (1197 reads)
ACQUISITION/MERGER NEWS

THE HAGUE, Netherlands (AP) — Royal Dutch Shell has agreed to buy British gas producer BG Group for 47 billion pounds ($69.7 billion) in cash and stock, the companies announced Wednesday. The move gives oil giant Shell a greater stake in natural gas markets in the wake of tumbling oil prices.

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FMC Technologies and Technip to Launch Forsys Subsea Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Friday, April 03, 2015 @ 00:00:00 GMT (1253 reads)
ACQUISITION/MERGER NEWS

FMC Technologies, Inc. and Technip have signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed, delivered and maintained.

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Shell to Cut More North Sea Jobs Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Thursday, April 02, 2015 @ 00:00:00 GMT (1132 reads)
JOB NEWS

Royal Dutch Shell (RDSa.L) is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry.

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Four Killed, Several Injured in Pemex Platform Fire in Gulf of Mexico – Update Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Wednesday, April 01, 2015 @ 16:51:53 GMT (807 reads)
SAFETY NEWS

Update 2 (1:50 p.m. EDT): Pemex has now confirmed four fatalities from today’s explosion and fire at a Pemex platform in the Bay of Campeche.

Update 1: Pemex has reported that 1 fatality has now been confirmed. The worker killed was a contractor from the company Cotemar, an oil services company based in Mexico. Pemex reported that it has received reports of 16 injured, including two with serious injuries.

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Norske Shell Hires IKM Subsea for IMR and ROV Services Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Wednesday, April 01, 2015 @ 00:00:00 GMT (910 reads)
CONTRACT AWARDS

 IKM Subsea has been awarded a 5 + 5 year contract by Norske Shell to provide IMR and ROV services

The contract value including options is in the region 150 million NOK and duration term is firm for 5 years + 5 yearly options.

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Kongsberg Acquires German Contros Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Tuesday, March 31, 2015 @ 00:00:00 GMT (820 reads)
ACQUISITION/MERGER NEWS

 Kongsberg Maritime AS has acquired the remaining 90% of the shares of the Germany based underwater chemical sensors specialist Contros Systems & Solutions GmbH.

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MacArtney scales up Australian underwater technology venture Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Monday, March 30, 2015 @ 00:00:00 GMT (941 reads)
PRODUCT NEWS

Fuelled by a steady increase in demand for complete integrated underwater system solutions, the MacArtney Group has opted to significantly bolster its system sales focus in Australia and New Zealand. Spearheaded by the hiring of experienced engineer and underwater technology specialist, Tom Zezou,  as System Sales Manager, MacArtney is well-equipped to handle even more complex projects and system challenges in the future. Global solutions “down under”

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SapuraKencana Profits Rise Despite Q4 Dive Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Friday, March 27, 2015 @ 00:00:00 GMT (971 reads)
GENERAL NEWS

SapuraKencana said net profit fell to RM129.13 million in the fourth quarter ended Jan 31, 2015 (4QFY15) from RM337.23 million. Revenue was, however, higher at RM2.39 billion versus RM1.88 billion.

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IKM Subsea wins ROV deal offshore APAC Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Thursday, March 26, 2015 @ 00:00:00 GMT (860 reads)
ROV NEWS

IKM Subsea Singapore has been tasked to provide ROV services onboard Solstad Offshore’s derrick lay bargeNorce Endeavour for construction support projects offshore Thailand.

Last year, Solstad Offshore confirmed that DLB Norce Endeavour would be used to install multiple new wellhead platforms for Chevron Offshore (Thailand) Ltd., in the Gulf of Thailand during the 2015 offshore installation campaign.

 

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Bibby Offshore lands ROV pipeline inspection gig in Myanmar Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Wednesday, March 25, 2015 @ 11:15:22 GMT (880 reads)
CONTRACT AWARDS

 Bibby Offshore’s Asian division, Bibby Offshore Singapore (‘BOS’), has secured a contract with the Moattama Gas Transportation Company (“MGTC”).

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UK Pledges Oil and Gas Stimulus Package Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Friday, March 20, 2015 @ 10:36:15 GMT (721 reads)
ONSHORE NEWS

The UK Budget 2015 delivered on Wednesday contains assistance to support the local offshore oil and gas sector.

In its Autumn 2014 Statement, the government confirmed that it would introduce an immediate two percent reduction in the rate of the Supplementary Charge, a tax on profits from oil and gas production in the UK and UK Continental Shelf. The reduction from 32 percent to 30 percent came into effect from January 1, 2015. As a result of the 2015 Budget, this will now be further reduced to 20 percent.

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House of Lords Wants North Sea Coordination Score: Comment Printer Friendly Send to a Friend Save as PDF Read More...
Posted by DT_Amanda on Thursday, March 19, 2015 @ 10:01:24 GMT (666 reads)
GENERAL NEWS

The UK House of Lords has released a European Union Committee report highlighting the “often conflicting” activities underway in the North Sea. Releasing the report, the House of Lords EU Committee called for strong leadership on the management of resources among the countries along the shoreline of the North Sea.

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Page 2 of 453 (6781 total stories) [ << | < | 1 | 2 | 3 | 4 | 5 | 6 | 7 | > | >> ]  

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