Italian Marine Cable Laying Firm to Cut Dividend
Italian marine cable installation company Prysmian plans to cut the dividend by 50 percent, citing the effect of the coronavirus pandemic and its effects on the global economy.Citing…
SeaRenergy, N-Sea Awarded Repair Project
Following an EU tender, a consortium of SeaRenergy and N-Sea has been awarded a project by TenneT covering modification works to the jacket structure of the HVDC platform Dolwin alpha…
GMG Acquires Fugro’s Trenching, Cable Laying Business
Global Marine Group (GMG) will acquire Fugro’s trenching and cable laying business in exchange for an equity stake of around 24 percent in the combined business valued at $65 million…
Aker Solutions to Build Johan Sverdrup Pipeline Receiving Facility
Aker Solutions won a contract from Statoil to build the pipeline facilities, modifications and tie-ins needed at the Mongstad terminal to receive oil from the North Sea Johan Sverdrup field.
Heavy LIfting: Moving Modules for Brazilian FPSO
On April 6, Mammoet, a service provider specializing in engineered heavy lifting and transport, completed a load-out of the first set of four modules bound for the FPSO (Floating Production…
SMC, SeaRenergy and Con4Mare Join Forces
SMC, SeaRenergy and Con4Mare join forces and form a one‐stop‐shop cooperation for the offshore wind industry In order to combine experience and know how derived from offshore…
CIS Installs Conductors in Southern North Sea
Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, announced that it has completed its second…
Prysmian Secures Windfarm Contract off Belgium
Prysmian Group has been awarded contracts by Nobelwind NV, an offshore wind farm developer, to supply wind turbine inter array cables for the Bligh Bank 2 offshore wind farm…
$ 10 mi Infusion to Fuel Growth of Satcom Global, AND Group
Broadband Satellite Services Ltd (BSS), parent company of satellite communications provider Satcom Global and marine engineering firm AND Group, has received a $10m investment from UK based organisation…
Claire Ridge Topside Modules Safely Installed West of Shetland
BP and its co-venturers, ConocoPhillips, Chevron and Shell, confirm the safe installation of the new Clair Ridge platform’s quarters and utilities (QU) topside modules, a major milestone in the Clair Ridge project.
OIS Wins N. Sea Decommissioning Contract
Offshore Installation Services (OIS) won a contract by Antrim Energy to decommission four subsea wells in the central North Sea. The offshore scope of the campaign, which also…
OIS Awarded Multiple Well Abandonment Contract
Offshore Installation Services (OIS), an Acteon company, has been awarded a contract to decommission multiple wells in the North Sea by Centrica Energy. The initial campaign…
OEG Buys West Australian Oilfield Services Providers
Two West Australian-based oilfield services providers have been purchased by global offshore equipment firm OEG Offshore. The acquisition of Oilfield & Resource Rentals (ORR)…
McDermott, GE Launch io Oil & Gas Consulting
McDermott International, Inc. and GE Oil & Gas launched io oil and gas consulting, a new independent venture for front-end offshore field development. “The io holistic offering…
JDR Appoints Currie as CEO
JDR appointed David Currie as chief executive officer and a member of the board of directors, effective January 12, 2015. Currie brings to the position nearly 30 years’ experience…
CIS, Weatherford Sign Global Contract
Conductor Installation Services Ltd (CIS) has announced that it has entered into a global master services agreement with Weatherford International. The agreement requires CIS…
CWind Launches German Subsidiary
CWind announced the launch of its wholly-owned subsidiary in Germany. CWind Germany will be headquartered in Hamburg and will be responsible for the sales and marketing of CWind’s services in Germany.
Foster Wheeler For Air Quality Control System Upgrade In West Virginia
Foster Wheeler AG announced today that a subsidiary of its Global Power Group’s Environmental and Industrial division has been awarded a contract by Longview Power, LLC to rehabilitate…
3sun Secures Siemens UK Contract Renewal
3sun Group has secured a contract extension with Siemens to provide offshore wind turbine installation services in the U.K. until 2016. 3sun Group has been working with Siemens since 2009…
Acteon Announces Core Grouting Services
Core Grouting Services, an Acteon company, is a new addition to Acteon’s operating company portfolio. Core is a specialist provider of grouting services for foundations on oil…
