News Topics: Oilfield Services
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Fairmount Successfully Tows FPSO Petrojarl Knarr to Norway from South Korea
Monday, September 22, 2014 Fairmount Marine successfully tows newbuild FPSO Petrojarl Knarr to the Norwegian port of Haugesund from Samsung Heavy Industries' Geoje Shipyard in South Korea.
Siemens To Buy Dresser-Rand To Tap US Shale Gas Boom
Monday, September 22, 2014 Siemens agrees to buy US oilfield equipment maker Dresser-Rand Group for $7.6 billion in a move that would significantly boost its oil and gas business in North America.
Wild Well Control Locates New Subsea Capping Stack to Singapore
Friday, September 19, 2014 Wild Well Control locates new subsea capping stack to Singapore to respond to global deepwater well control incident.
GE Oil & Gas Wins Subsea Manifold Deal with Petrobras
Thursday, September 18, 2014 GE Oil & Gas wins a $300 million-plus contract with Petrobras to supply subsea manifold systems for pre-salt fields located offshore Brazil.
IKM Subsea Wins $16M Contract to Provide ROV Services to Eni in Indonesia
Wednesday, September 17, 2014 IKM Subsea wins $16 million contract from eni Indonesia to provide remotely operated vehicle services onboard the Scarabeo 7 semisub for drilling operations in Indonesia.
Aqualis Wins Rig-Moving Deal with Saudi Aramco
Wednesday, September 17, 2014 Aqualis Offshore wins a deal to provide rig-moving services for Saudi Aramco's fleet of jackups in the Arabian Gulf.
Woodside Selects Lloyd's Register Energy to be a Global Inspection Provider
Wednesday, September 17, 2014 Woodside selects Lloyd's Register Energy to be one of the company's global inspection providers under a three year contract.
Maersk Says Drilling Unit Sells Venezuela Drilling Barge Activities
Tuesday, September 16, 2014 Denmark's A.P. Moller-Maersk says its offshore oil and gas drilling unit has sold its Venezuelan barge activities.
Dolphin Wins Indian Ocean 3D Seismic Contract
Monday, September 15, 2014 Seismic survey firm Dolphin Group wins a new 3D seismic contract in the Indian Ocean.
Aker Wins Subsea Services Deal from Petrobras
Monday, September 15, 2014 Aker Oilfield Services wins a $465 million deal from Petrobras for the use of its Aker Wayfarer vessel offshore Brazil.
Harkand Appoints New Head of Engineering Services
Monday, September 15, 2014 Oilfield engineer Harkand names Alan White as its new head of engineering services for Europe.
Spain's Tecnicas Reunidas Wins $500M Order from Pemex
Monday, September 15, 2014 Spanish oil engineer Tecnicas Reunidas wins a $500-million deal from Mexico's Pemex for a refinery project.
CEO: Subsea 7 Keen on Taking Part in Sector Consolidation
Thursday, September 11, 2014 Subsea 7 would be keen to participate in oil and gas service industry consolidation but is not involved in any current deals.
Kvaerner Explores New Strategy
Wednesday, September 10, 2014 Kvaerner believes the time is right to examine its strategy in order to build on progress achieved from a record high order backlog and cost reduction measures.
Odfjell Secures New Well Services Contracts
Wednesday, September 10, 2014 Odfjell says it has secured $250 million of well services contracts during the past six months, including a new deal with Statoil for tubular running services and rental services.
Seadrill Says Offshore Drilling Market 'Bad' This Year, Worse In 2015
Wednesday, September 10, 2014 Seadrill says the offshore drilling market will remain soft for the next couple of years.
TGS Says Maintains Guidance despite Softer Market
Wednesday, September 10, 2014 Seismic survey firm TGS maintains its 2014 guidance even as the global exploration market softens.
Norwegian Oil Explorer PGS Cuts Spending, To Sell Russian Venture
Tuesday, September 09, 2014 PGS cuts its investment plans and decides to sell its Russia-based venture in order to improve cash flow.
Expro Wins Contract for BP's North Sea Quad Project
Tuesday, September 09, 2014 Expro wins a seven-year, multi-million dollar contract to supply BP's Quad 204 project in the UK North Sea.
Technip Awarded Juniper Project Contract by BP Trinidad
Tuesday, September 09, 2014 French oilfield services firm Technip wins an EPIC contract from BP Trinidad and Tobago for the development of the Juniper project.
PBJV Inks Services Deal for Lundin's Offshore Oil, Gas Fields in Malaysia
Thursday, September 04, 2014 PBJV inks deal with Lundin Petroleum's unit to provide hook-up, commissioning and topside maintenance services for the latter's oil and gas fields offshore Malaysia.
China Oil Giants To Open Spending Taps As Graft Probe May Have Peaked
Wednesday, September 03, 2014 Flagship Chinese oil producers are preparing to ramp up multi-billion dollar capital spending plans squeezed amid a Beijing probe into industry graft.
Rex International Holding Acquires Ownership of Rex's Technologies
Wednesday, September 03, 2014 Rex International Holding acquires 100 percent shares in Rex Technology Management (RTM), with the deal giving the former ownership of Rex's exploration technologies.
SapuraKencana-Linked Firms Bag $124M T&I Contracts in Vietnam, Australia
Tuesday, September 02, 2014 SapuraKencana Petroleum-linked firms TL Offshore and SapuraAcergy bag transportation and installation contracts worth $124 million in Vietnam and Australia.
IKM Clinches Contract from Shell for Malikai Project Offshore Sabah
Tuesday, September 02, 2014 IKM Group clinches a contract to provide a riserless top-hole mud circulation system to Shell for the Malikai project offshore Sabah, Malaysia.
Rig Company Seadrill Hit by Profit Miss, Cautious Outlook
Wednesday, August 27, 2014 Offshore driller Seadrill reports second-quarter earnings below forecasts, offering a cautious outlook.
Aker Solutions Says Engineering On Track For 2017 Cost Cut Of 30%
Tuesday, August 26, 2014 Aker Solutions Engineering Vice President Valborg Lundegaard says at ONS that his division is on track to cut costs by 30 percent by 2017.
Hallin Completes Replacement of Mooring Lines for FPSO HYSY111 in China
Tuesday, August 26, 2014 Hallin Marine completes replacement of mooring lines beneath the floating production, storage and offloading vessel HYSY111 in China.
Energy Project Delays Cut Petrofac Profit Nearly in Half
Tuesday, August 26, 2014 UK oilfield services company Petrofac reports a halving of first-half profits after being hurt by slow progress at some of its projects.
Otto Marine Seeks to Raise Profile, Competitiveness of Subsea Services Unit
Monday, August 25, 2014 Otto Marine aims to develop the international profile and competitive position of its subsea services unit.
Petrofac Chairman Resigns
Friday, August 22, 2014 Petrofac announces the resignation of its chairman, Norman Murray.
Qinterra Lands $20M Deal to Support Petronas Carigali's Malaysia Operations
Friday, August 22, 2014 Qinterra Technologies lands a contract, worth up to $20 million, to support Petronas Carigali's operations in Malaysia.
Polarcus Completes UK Seismic Program for TGS
Wednesday, August 20, 2014 Polarcus says its 3D seismic vessel Polarcus Naila has completed a two-month program for Norway's TGS-NOPEC off the UK's Shetland Islands.
Oilfield Equipment Firm Schoeller-Bleckmann Sales Slip
Wednesday, August 20, 2014 Schoeller-Bleckmann says sales slipped by one percent during the second quarter as customers spent cautiously on high-precision components.
Dolphin Sees Possible Start of Dividend after 3Q Report
Wednesday, August 20, 2014 Seismic survey vessel operator Dolphin may soon start paying dividends after an improvement in its earnings.
Wild Well Expands Company Service Offerings, Presence in Asia Pacific
Wednesday, August 20, 2014 Wild Well expands its service offerings and presence in Asia Pacific with the addition of staff at its regional office in Malaysia.
XPD8 Secures $3.73M Contracts for Work in Malaysia, North Sea
Wednesday, August 20, 2014 XPD8 Solutions secures two contracts, worth $3.73 million, for work in the North Sea and Malaysia.
US Shale Presence Helps John Wood Group's Core Profit
Tuesday, August 19, 2014 John Wood Group is banking on its presence in the US shale industry to drive growth.
Darwin Marine Supply Base in Australia's NT Officially Opened
Tuesday, August 19, 2014 ASCO reports that the Darwin Marine Supply Base in Darwin, Northern Territory, Australia has been officially opened by the state's chief minister.
Mermaid Maritime Rebrands Subsea Buiness Units, Reorganizes Business
Tuesday, August 19, 2014 Thailand-based Mermaid Maritime rebrands subsea business units and reorganizes the firm's subsea business.
Norwegian Union Settles Oil Industry Workers' Pay Dispute
Monday, August 18, 2014 SAFE accepts a pay deal for workers with oil service companies, calling off a strike that would have affected a Norwegian unit of Baker Hughes, an industry body says.
Harkand Wins 3-Year Deal to Support Apache North Sea
Monday, August 18, 2014 Aberdeen-based oilfield services firm Harkand wins a three-year contract to support Apache North Sea.
Spain's Tecnicas Reunidas Wins $1.5B Contract in Malaysia
Monday, August 18, 2014 Spanish oil engineering firm Tecnicas Reunidas wins a $1.5-billion turnkey contract in Malaysia.
SeaBird: 3D Seismic Vessels Taking on More 2D Jobs
Friday, August 15, 2014 3D seismic survey vessels are increasingly competing for 2D work, according to SeaBird Exploration.
Aquatic Asia Pacific Relocates Regional Headquarters to Singapore
Thursday, August 14, 2014 Aquatic Asia Pacific relocates its regional headquarters to Singapore.
Getech Sees Upturn in Exploration Services Market
Wednesday, August 13, 2014 Getech Chief Executive says the company has seen a 'significant' upturn in the exploration services market in recent weeks.
Petrofac Awarded Engineering Contract in Malaysia
Wednesday, August 13, 2014 Petrofac wins an engineering, procurement, construction and commissioning contract in Malaysia.
Zenith Energy Wins Tullow, Total Contracts
Wednesday, August 13, 2014 Scottish well management specialist Zenith Energy signs agreements with Tullow Oil and Total E&P.
Schlumberger Expects Russia Sanctions To Hurt Earnings
Tuesday, August 12, 2014 Schlumberger expects US and EU sanctions on Russia to hurt earnings during the third quarter.
Five Greka Drilling Rigs Arrive in India
Tuesday, August 12, 2014 Greka Drilling says that five of its GD75 rigs have arrived in India ahead of a 100-well drilling campaign for Essar Oil.
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