The Group has clinched five sizeable contracts totaling approximately US$235 million.
Cash-rich Norwegian private equity firms are eyeing up potential North Sea acquisitions, encouraged by proven management teams and reasonable market prices, claims a leading energy expert.
SMIT Salvage has been awarded a contract to remove a damaged jack-up drilling rig from the seabed offshore Angola.
Masirah Oil Limited has discovered oil in Block 50, offshore Oman.
Three contractors are competing in a race to win an FPSO contract award from the Brazil’s state-run oil company, Petrobras.
Premier Oil has selected a preferred bidder for the Catcher Floating Production Storage Offloading unit.
Shell has begun production from the Mars B development through Olympus – the company’s seventh, and largest, floating deep-water platform in the Gulf of Mexico.
Premier Oil, a UK-based independent oil and gas exploration company, has announced that the cost for the first phase of the Sea Lion development in the Falkland Islands will amount to $5.2 billion.
A host of successes within the subsea sector were celebrated Wednesday, 5th February at Subsea UK’s ninth annual awards ceremony, which celebrates outstanding achievement across the UK.