Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry.
Saipem’s Perro Negro 6 jack-up rig which sank in the Atlantic Ocean, offshore Angola, in July last year, is expected to be removed from the seabed by March, 2015.
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox B.V, a subsidiary of the Seafox Group (Seafox), to embark on an engineering study of a purpose-built accommodation jack-up rig with well intervention and P&A features.
South Stream Transport has signed a contract with the Allseas Group to lay the second line of the South Stream Offshore Pipeline.
The Shah Deniz consortium announce a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium.
A subsidiary of McDermott International, Inc. has become the first to install rigid reel-lay pipe-in-pipe in Asia-Pacific for the Siakap North-Petai (“SNP”) development project offshore Malaysia. At more than 3,900 feet (1,190 meters), the SNP development is one of the industry’s most challenging deepwater projects.
BG Group today announces the Board has accepted Chris Finlayson’s resignation as Chief Executive and as an Executive Director of the Board with immediate effect, for personal reasons.
Two drilling rigs located offshore Newfoundland, Canada have disconnected from their respective wells ahead of incoming icebergs.
Bristow Group, which operates the largest fleet of commercial helicopters in the world for offshore transport to oil and gas platforms, will appear for the first time at the Offshore Technology Conference (OTC) 2014.
Subsea 7 S.A. has announced the award of a three-year $160 million contract extension by BP Exploration & Production Inc. for light subsea construction, inspection, repair and maintenance services in the US Gulf of Mexico.