Oil & Gas

Bergen, Norway, headquartered Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a newbuild, semi-submersible offshore drilling unit for use in the U.K.'s West of Shetland region. The contract value is approximately $1.2 billion, excluding options, and is the largest contract in Odfjell Drilling's 40 year history. ...

Harvey Gulf International Marine has selected ABS as the classification society for its two new dual fueled LNG-powered offshore supply vessels (OSVs) being constructed at T ...

Lafayette, La., based Moncla Marine has acquired an inland water workover barge rig fleet from TETRA Applied Technologies, LLC., reports Mike Moncla, COO of the Moncla Companies.The three 24-hour inland workover barge rigs will be based along the Gulf Coast of Louisiana. To be named the Snapper, Porpoise and Mackerel, the three rigs will join the six c ...

Liquefied Natural Gas (LNG) has emerged as an increasingly important clean energy source, particularly following the devastating earthquake and tsunami that struck Japan and triggered one of the world's worst nuclear disasters. With the increasing demand for LNG, it has become mor ...

Singapore-based global offshore support and subsea services provider Ezra Holdings Limited has promoted two of its key executives.  Industry veteran Captain Adarash Kumar becomes Chief Operating Officer (COO) at the Group level to spearhead Ezra's growing international operations. He ha ...

Keppel Offshore & Marine Ltd. has secured contracts totaling S$150 million from international customers.In Singapore, Keppel Singmarine, the specialized shipbuilding division of Keppel O&M, has entered into contracts for the building of a 91-m container vessel and three 4000 dwt bulk ore/fuel carriers for Papua New Guinea customer Ok Tedi Mining Limited ( ...

China's COSCO (Dalian) Shipyard Co., Ltd. has secured a contract to convert the VLCC Sunrise Jewel to a Floating Production Storage and Offloading (FPSO) vessel for a Japanese shipowner. The FPSO is designed to operate for 20 years without drydocking. It will have a crude oil processing capacity of 28,600 Sm3/day of liquid, gas processing & compress ...

The Bureau of Safety and Environmental Enforcement (BSEE) recently completed an unannounced oil spill drill to assess Stone Energy Corporation's ability to respond to a hypothetical blowout experienced by one of its deepwater exploratory wells in the U.S. Gulf of Mexico. The table-top exercise examined Stone Energy's ability to mobilize the pr ...