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Wood Group Secures 5-Year Services Deal With BP Offshore Azerbaijan
Thursday, April 28, 2016 Wood Group secures a new 5 year contract with BP-operated projects, valued at $500 million, to deliver engineering, procurement and construction management services to 8 facilities, offshore Azerbaijan.

Top Oil Service Firms Mull North America Retreat As Losses Mount
Thursday, April 28, 2016 Two of the three largest oil rig operators and frackers are considering pulling back from the North American market as losses mount.

Technip Q1 Better-Than-Expected Thanks To Record Vessel Use
Thursday, April 28, 2016 Technip reports a smaller-than-expected drop in quarterly revenue, as a strong backlog of projects meant its vessel use rate was at a record high despite the slump in the oil and gas sector.

Oil Service Firm Aker Solutions Says Market Uncertainty Persists
Thursday, April 28, 2016 Aker Solutions posts 1Q earnings in line with expectations and says outlook for its core Norwegian market still looks subdued this year amid the lower crude prices.

Weir Sees 70% Of North American Fracking Fleet Idle
Thursday, April 28, 2016 Oil equipment maker Weir Group reports a 47% fall in 1Q oil and gas orders and estimates that 70% of North America's fracking fleet is currently idle as low crude prices slow investment in the sector.

POSH Secures Vessel Services Contracts in the Middle East
Tuesday, April 26, 2016 PACC Offshore Services Holdings Ltd. secures long term charters for 8 offshore supply vessels, with a combined value of approximately $167.5 million, with "a Middle Eastern national oil company".

Dayang Bags Topside Maintenance Services Deal for KPOC's Kebabangan Field
Tuesday, April 26, 2016 Dayang Enterprise bags a 2 year topside maintenance services contract from Kebabangan Petroleum Operating Company for the Kebabangan project offshore Sabah, Malaysia.

Subsea 7 Secures Services Contract Offshore UK
Monday, April 25, 2016 Subsea 7 secures an engineering, procurement, instalation and commissioning contract from Apache North Sea, worth between $50 and $150 million, as part of the Callater field development.

Wood Group Secures Statoil Services Contracts across NCS
Monday, April 25, 2016 Wood Group wins 4 subsea contracts with Statoil on the Norwegian Continental Shelf, with the latest award comprising a study to deliver subsea field concept engineering for the Snorre expansion project.

Bumi Armada Files Claim for $284M Over Woodside's FPSO Contract Termination
Friday, April 22, 2016 Bumi Armada files claim for $283.5 million in Western Australia's Supreme Court after Woodside terminated the contract for the Armada Claire FPSO.

Wood Group Secures 5 Year North Sea Services Deal with Nexen
Thursday, April 21, 2016 Wood Group secures a 5 year contract by Nexen, valued at $150 million, to deliver operations, maintenance and technical support across the company's North Sea offshore assets.

DOF Subsea Secures Global Services Contracts
Wednesday, April 20, 2016 DOF Subsea, a subsidiary of DOF ASA, secures global services contracts worth in excess of $61 million over the past few months.

Aker Solutions Wins Engineering Services Agreement with Lundin
Wednesday, April 20, 2016 Aker Solutions secures a framework agreement from Lundin Norway to provide engineering services for offshore developments in Norway.

Aker Solutions Secures Subsea Services Contract with Petrobras
Friday, April 15, 2016 Aker Solutions secures a contract with Petrobras to provide maintenance and other services for subsea facilities at the energy firm's operated oil and gas fields offshore Brazil.

Fugro Lands ROV Services Contract from ONGC
Thursday, April 14, 2016 Fugro lands a remotely operated vehicle services contract from India's Oil and Natural Gas Corp. to work off the country's east coast.

Schlumberger To Pare Venezuela Services On Lack Of Payments
Wednesday, April 13, 2016 Schlumberger will reduce activity in Venezuela after the world's largest oil services provider failed to collect enough payments from the national oil company.

DOF Rederi Secures North Sea Services Contracts with Nexen, Maersk
Tuesday, April 12, 2016 Oil and gas services company DOF Rederi AS signs an agreement with Nexen Petroleum UK and Maersk Oil North Sea UK Ltd for the use of 2 of its vessels in the North Sea.

Marine Industry Looks To Cruise Ships, Wind Farms To Weather Oil Slump
Tuesday, April 12, 2016 Marine and offshore engineering companies are turning to cruise ships, fishing vessels or even sea-based wind farms to keep their earnings afloat as weak oil prices slash new spending by big energy companies.

Jee Ltd Wins North Sea Decommissioning Contract with Tullow
Tuesday, April 05, 2016 Jee Ltd secures a contract from Tullow Oil to investigate the most appropriate options for decommissioning the company's Thames area assets.

ASCO Renews Supply Services Contract with BP Norge
Tuesday, April 05, 2016 ASCO renews its supply services contract with BP Norge to assist the oil and gas company across its operations in Norway.

PETRONAS Carigali Bars THHE's Unit from Participating in Tenders
Tuesday, April 05, 2016 PETRONAS Carigali excludes TH Heavy Engineering's unit from participating in its tender for 2 years due to performance issues relating to the ongoing Kinabalu Project offshore Malaysia.

BGS to Assist with Hydrocarbon Exploration Offshore Isle of Man
Monday, April 04, 2016 The British Geological Society has been selected by the Isle of Man Department of Economic Development as a hydrocarbon technical advisor to assist with the exploration of oil and gas offshore the Isle of Man.

Wood Group, Aker, DNV GL, Bibby Secure North Sea Work
Monday, April 04, 2016 John Wood Group plc, Aker Solutions, DNV GL and Bibby Offshore secure services contracts for oil and gas related work in the North Sea.

Royal Boskalis Awarded Johan Sverdrup Services Contract
Friday, April 01, 2016 Royal Boskalis Westminster N.V. secures a contract by Samsung Heavy Industries for the transportation of topside modules for the Johan Sverdrup project, offshore Norway.

ONGC's Cluster 12 Project May Provide Some Relief for the Services Sector
Thursday, March 31, 2016 The decision by ONGC to develop the $5B Cluster 12 project off India may provide some relief for the services sector.

Mermaid Secures a $10M Subsea Services Contract in the Gulf of Thailand
Thursday, March 31, 2016 Mermaid Subsea Services secures a $10 million subsea services contract in the Gulf of Thailand with a major oil and gas company.

Xodus Delivers Monitoring Service for Woodside's NWS Assets off Australia
Thursday, March 31, 2016 Xodus delivers monitoring service to Woodside for its North West Shelf assets offshore Australia.

Meridium Clinches APM Software & Services Deal from Malaysia's KPOC
Wednesday, March 30, 2016 Meridium clinches an asset performance management software and services contract from Malaysia's Kebabangan Petroleum Operating Co. (KPOC).

Aker Solutions Secures BP Subsea Deal
Tuesday, March 29, 2016 Aker Solutions secures a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields.

Harkand Wins Apache North Sea Installation Work
Tuesday, March 29, 2016 Harkand is chosen by Apache to deliver installation work to support its drilling campaign on the Nevis South field in the North Sea.

DONG Energy Terminates Hejre Project EPC Contract
Tuesday, March 29, 2016 DONG Energy terminates the EPC contract for the Hejre project with immediate effect, after the company claimed the supplier consortium failed to meet its contractual commitments.

Sky-Futures to Grow Asian Workforce Slightly, Partners with Keppel's OTD
Wednesday, March 23, 2016 Sky-Futures, a drone inspection provider to the oil and gas industry, is growing its workforce in Asia slightly to meet regional operational needs, a company executive told Rigzone at OTC Asia 2016.

Seadrill Secures Contract Extension for West Tellus Rig
Wednesday, March 23, 2016 Seadrill Limited receives an 18 month contract extension for the West Tellus drillship by Petroleo Brasileiro SA, commencing in April 2018.

WGI Expands in Malaysia
Tuesday, March 22, 2016 Energy industry asset integrity specialist Wood Group Intetech (WGI) is growing its Malaysia team in response to "heightened demand for its services".

Sparrows Group Secures 5-Year Services Contract from Statoil
Tuesday, March 22, 2016 Sparrows Group secures an initial five-year contract to deliver cranes and maintenance services for Statoil's Mariner development in the North Sea.

UAE's ADNOC to Finish Maintenance at Murban Oilfield in April
Monday, March 21, 2016 The Abu Dhabi National Oil Company plans to complete partial maintenance at the oilfields that produce its flagship Murban crude in April.

Grandweld Delivers 17 Vessels in 12 Months
Thursday, March 17, 2016 United Arab Emirates shipyard Grandweld completes the construction of a total of 17 vessels over the space of the last year.

Ocean Installer Secures Jumper Replacement Work from Statoil
Wednesday, March 16, 2016 Ocean Installer will undertake flexible jumper replacement operations for Statoil at the Vigdis field.

New Pemex CEO Raises Hopes Of Contractors For $7B Payment
Tuesday, March 15, 2016 When you're owed $7 billion and the borrower asks for more time to pay, it tends to make you nervous.

Floatel Believes Firm is Well-Positioned to Tap Business Opportunities
Tuesday, March 15, 2016 Floatel believes it is well-positioned to tap business opportunities despite a tough market currently.

Harkand Secures Subsea Support Services Contract with Maersk Oil
Tuesday, March 15, 2016 Harkand secures a multi-million dollar contract with Maersk Oil North Sea UK Ltd to deliver subsea support services, including a commissioning support campaign for the Flyndre development in the North Sea.

Alam Maritim Lands $13M Contract to Provide Workboat to PETRONAS Carigali
Tuesday, March 15, 2016 Malaysia's Alam Maritim lands a $13.1 million contract from PETRONAS Carigali for the provision of workboat.

Petrofac Secures Services Contract Offshore Aberdeen
Friday, March 11, 2016 Petrofac secures a 'duty holder' contract worth $250 million, which will see it support Anasuria Operating Company Limited as the company takes over as license operator of the Anasuria cluster offshore Aberdeen.

Technip Wins 3-Year Contract with Total in Angola
Thursday, March 10, 2016 France's Technip wins an engineering services contract to supply Total's FPSOs in Block 17, offshore Angola.

Boskalis Expects Substantial Fall in 2016 Profit
Wednesday, March 09, 2016 Boskalis expects net profit to fall substantially this year as depressed commodity prices hit demand for oil-linked marine infrastructure.

Penspen Secures Das Island Services Contract
Tuesday, March 08, 2016 Penspen secures a project management consultancy contract with Abu Dhabi Marine Operation Company (ADMA-OPCO) for ongoing work on Das Island in the United Arab Emirates.

Carimin Clinches Mechanical Services Contract from PETRONAS Carigali
Tuesday, March 08, 2016 Malaysia's Carimin Petroleum clinches a mechanical services contract from PETRONAS Carigali.

Bumi Armada to Challenge Woodside's Termination of Armada Claire FPSO Deal
Monday, March 07, 2016 Malaysia's Bumi Armada plans to challenge Woodside's termination of the contract for Armada Claire FPSO, now operating at the Balnaves field offshore north western Australia.

Exceed Secures Fairfield Well Engineering Services Contract
Monday, March 07, 2016 Well management firm Exceed secures a contract to support Fairfield Energy Limited in its upcoming North Sea well plugging and abandonment campaign.

Impairment Charge Widens Net Loss of Russia's TMK in 4Q
Friday, March 04, 2016 TMK's 4Q net loss widens to $371 million from $74 million in the previous quarter due to an impairment charge.

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