News Topics: Oilfield Services
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AMEC Bags $124M Deal for PMC Services for the Umm Lulu Project
Friday, December 06, 2013 AMEC bags a $124 million contract from Abu Dhabi Marine Operating Company to provide project management consultancy services for the Umm Lulu Phase 2 full field development projects offshore United Arab Emirates.
Statoil Awards $1.6B of Contract Options
Thursday, December 05, 2013 Norway's Statoil exercises options worth $1.6 billion with suppliers.
Aker Sees Focus on Profitability Begin to Pay Off
Wednesday, December 04, 2013 Aker Solutions says an increased focus on profitability is beginning to pay off after a challenging start to 2013.
Petrofac Makes Nigerian Collaboration Agreement
Tuesday, December 03, 2013 Petrofac signs a memorandum of understanding with the Nigerian Petroleum Development Company.
Paper: Investor Wants SBM Offshore to Fund Fleet via Partnerships
Monday, December 02, 2013 Centaurus Capital wants marine services firm SBM Offshore to use a more tax-efficient structure to fund its oil storage and production vessels.
Petrofac Launches Subsea Engineering & Consulting Services in Malaysia
Friday, November 29, 2013 Petrofac launches subsea engineering and consultancy business services in Malaysia to tap into the Asia-Pacific offshore market.
Acteon Opens Center in Singapore to Support SEA Operations
Thursday, November 28, 2013 Acteon recently opens the Acteon Singapore Operations Center at the Offshore Marine Center in Singapore's Tuas industrial area to support its operations in Southeast Asia.
Mermaid's Units Bags $30M Subsea Services Deals for Work in the Middle East
Wednesday, November 27, 2013 Mermaid Maritime reveals that its business units serving the Middle East clinched $30 million worth of subsea services contracts recently.
PBJV Wins Contract for Kebabangan Project off Sabah
Monday, November 25, 2013 Barakah Offshore Petroleum's subsidiary PBJV Group wins a contract for the Kebabangan Northern Hub Development Project off Sabah, Malaysia.
Kentz Wins Qatari Wellhead Control Systems Contract
Wednesday, November 20, 2013 Kentz wins $190-million wellhead control systems contract from Qatar Petroleum.
Delta Subsea Awarded EMAS GOM Repair
Wednesday, November 20, 2013 Delta SubSea has been selected by EMAS AMC to provide ROV services in support of EMAS' current Gulf of Mexico deepwater repair campaign.
ConocoPhillips Extends Clough Amec's Contract for Bayu-Undan Facilities
Wednesday, November 20, 2013 Clough AMEC wins a two year contract extension, worth $141 million, to provide operations and maintenance services to the Bayu-Undan facilities in the Timor Sea.
Bibby Offshore Completes IRM Project for BSP off Brunei
Tuesday, November 19, 2013 Bibby Offshore Singapore successfully completes an inspection, repair and maintenance project on Brunei Shell Petroleum offshore assets in Brunei.
Petrofac on Course for Modest Profit Growth in 2013
Monday, November 18, 2013 A good operational performance during the first 10 months of the year means oilfield services firm Petrofac is set for modest profit growth in 2013.
Cape Inks $75M Deal with Bechtel for Work on the Wheatstone Project
Monday, November 18, 2013 Cape's Australian subsidiary enters into a $75 million contract to provide Bechtel with scaffold erection and dismantling services for the Chevron-operated Wheatstone project in Australia.
Saipem Shares Up on Report Seadrill May Buy Offshore Arm
Monday, November 18, 2013 Saipem is interested in buying Seadrill's offshore drilling business, according to an Italian newspaper.
High Offshore Activity Keeps Subsea 7 'On Track'
Monday, November 18, 2013 Subsea 7 reports third quarter results that show it is on track to deliver profit in line with expectations.
Seadrill Agrees to Buy Prospector 3 Business
Friday, November 15, 2013 Seadrill agrees to buy the business that owns the yard construction contract for the new-build, high-spec Prospector 3 jack-up rig.
Malaysia's Petronas Awards $3.1B in Offshore Jobs to Local Firms
Friday, November 15, 2013 Malaysian state oil company Petronas awards $3.1 billion, five-tear services contract to six local companies.
Schlumberger to Restart Iraq Rumaila Oil Operations, Official Says
Thursday, November 14, 2013 Iraq has moved swiftly to restore calm at its giant southern oilfields following violent protests and Schlumberger is expected to return to work next week, a senior Iraqi official says.
Lamprell Makes Steady Progress during 2H 2013
Thursday, November 14, 2013 Lamprell continues to make good progress, seeing high demand with 'a strong pipeline of opportunities'.
Dolphin: Seismic Exploration Market Unlikely to Recover before 2Q
Wednesday, November 13, 2013 Offshore seismic oil exploration will continue to slow during the coming quarter with more idled vessels, according to Norway's Dolphin.
SBM Sells Oilfield Services Vessel to Daya
Monday, November 11, 2013 SBM Offshore sells diving support and construction vessel SBM Installer to Daya Vessels for $180 million.
Lamprell Delivers First of Two Caspian Sea Rigs
Friday, November 08, 2013 Rig builder Lamprell delivers the first of two Caspian Sea jack-up rigs to a client.
Pacific Radiance, Affiliate Seek Listings in Bet on Offshore Energy Boom
Friday, November 08, 2013 Singaporean oilfield services firm Pacific Radiance looks to list its shares in order to benefit from rising investor interest in vessel operators.
TGS Begins Seismic Surveys Offshore Madagascar
Thursday, November 07, 2013 Survey firm TGS begins acquisition of 2D seismic multi-client surveys offshore Madagascar.
Perisai Appoints Hercules to Operate, Manage 2 Jackups Now Being Built
Thursday, November 07, 2013 Perisai Petroleum Teknologi appoints Hercules Offshore as drilling operations and maintenance manager for two jackups that are now under construction at PPL Shipyard in Singapore.
SBM Offshore Dismisses Chief Operating Officer
Thursday, November 07, 2013 Dutch maritime engineering firm SBM Offshore dismisses COO but will not say why.
Aker Solutions Shares Soar on New Orders, High Tendering
Wednesday, November 06, 2013 Aker Solutions reports unexpected rise in new orders and predicts robust tendering ahead.
Lamprell Completes Jindal Star Jackup
Wednesday, November 06, 2013 Lamprell completes the construction of jackup Jindal Star.
Singapore's Sembcorp Marine 3Q Net Profit Rises 12.3%
Tuesday, November 05, 2013 Rig builder Sembcorp Marine sees increases in its net profit and order book.
Songa Appoints New CFO
Monday, November 04, 2013 Rig operator Songa Offshore appoints Jan Rune Steinsland as its new CFO.
UMW Oil in Strong Debut, Petronas Goodwill Makes for Rosy Outlook
Friday, November 01, 2013 Malaysia's UMW Oil & Gas Corp climbs as much as 11 percent in its market debut, as investors bank on the company's close ties with state oil firm Petroliam Nasional Bhd (Petronas) to provide it with a steady stream of revenue for years to come.
Subsea 7 Clinches $60M Deal from Petrobras for Subsea Services off Brazil
Thursday, October 31, 2013 Subsea 7's unit i-Tech clinches a $60 million contract from Petrobras to provide subsea services off Brazil.
Technip Sees Strong 2014 amid Stricter Capex Discipline among Majors
Thursday, October 31, 2013 Technip expects a strong, diversified book of business in 2014 in spite of stricter capital expenditure discipline being shown by oil and gas majors.
Aker Sells Mooring, Loading Unit to Cargotec
Wednesday, October 30, 2013 Aker Solutions sells its mooring and loading systems business in order to focus no its deepwater and subsea oil services segments.
Ezra's Subsea, Offshore Support Services Units Bags $110M Contracts
Wednesday, October 30, 2013 Ezra Holdings' subsea and offshore support services units clinch $110 million contracts for work in the Gulf of Mexico and in Asia Pacific.
Petrofac Wins Major EPC Project in Algeria
Wednesday, October 30, 2013 Petrofac wins a $650-million contract to extend the life of the Alrar gas field in southeast Algeria.
ASCOPE Event to Promote Oil, Gas Business Opportunities in Southeast Asia
Tuesday, October 29, 2013 The 10th ASCOPE Conference and Exhibition 2013 to be held in Ho Chi Minh city, Vietnam on Nov. 28-30 aims to promote the creation of synergistic business opportunities and engagement in the petroleum business in Southeast Asia.
SapuraKencana Wins $19.7M Subsea Inspection Contract in Malaysia
Monday, October 28, 2013 SapuraKencana Petroleum wins a $19.7 million subsea inspection services contract for work on Carigali Hess' offshore facilities in Malaysia.
Oil Service Firms Rush to Saudi for Busy Drilling Year Ahead
Sunday, October 27, 2013 Oil services giants are banking on a boom in Saudi oil and gas drilling over the next few years.
Petrofac Awarded 2nd Phase of Southern Iraq Project
Wednesday, October 23, 2013 Petrofac wins an extension to its contract supplying the Iraq Crude Oil Expansion Project.
TGS Awarded Three New Multi-Client Surveys
Wednesday, October 23, 2013 Seismic survey firm TGS announces three new multi-client surveys in North America.
Subsea 7 Wins More Brazil Work for PLSVs
Monday, October 21, 2013 Subsea 7 wins two contracts, worth more than $600 million, to provide pipelay support vessels to Petrobras.
Songa Appoints New COO
Monday, October 14, 2013 Songa Offshore appoints Transocean's Mark Bessell as its new chief operating officer.
Aker to Expand Oslo Office Capacity
Thursday, October 10, 2013 In a sign that Aker Solutions expects increased demand for its oilfield services later this decade, the firm has agreed to lease another building near its Oslo offices.