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Offshore

DNV Releases Updated Standard for Offshore Wind Turbine Structures

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28 September, 2011

DNV’s recognized standard for design of offshore wind turbine structures has been through a revision process together with the wind energy industry. The updated standard which aims to reduce cost and increase safety is now available. The standard, Design of Offshore Wind Turbine Structures (DNV-OS-J101), provides principles, technical requirements and guidance for design, construction...

Aker Solutions Establishes office in Gothenburg

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18 September, 2011
Aker Solutions Establishes office in Gothenburg

International oil services company Aker Solutions takes its subsea business to Sweden through establishment of an office in Gothenburg. The objective is to tap into the Swedish engineering market to help further grow Aker Solutions’ subsea business. The global subsea oil and gas market is expected to grow significantly over the next decades, driven...

STX Group’s Plan to Sell 20% Stake in STX

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26 April, 2011
STX Group’s Plan to Sell 20% Stake in STX

In response to the various media articles relating to the STX Group’s plan to sell a 20 per cent stake in STX OSV Holdings Limited ("STX OSV"), the Board of STX OSV understands after clarification with STX Europe Holding AS (“STX Europe”), that STX Europe is continually exploring opportunities in relation to any strategic...

COSCO Corporation Secures Contract Valued USD 66 Million for One Tender Rig

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13 April, 2011

The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that COSCO (Nantong) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract with SEADRILL to construct a new unit self erecting tender drilling rig T-17 valued at USD66...

Seadrill Confirms $850 million Ultra-Deepwater Contract in Mexico

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11 April, 2011
Seadrill Confirms $850 million Ultra-Deepwater Contract in Mexico

Seadrill has through its affiliate Sea Dragon de Mexico settled the final agreement with Pemex Exploracion y Produccion ("Pemex") for the provision of the ultra-deepwater semi-submersible drilling rig West Pegasus (previously Seadragon I)

STX OSV Secures Three Mulit Role Vessels

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11 April, 2011

S T X O S V one of major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the design and construction of a series of three Multi Role Vessels (MRV) for DOF ASA.

Aker Solutions Announces Name for new EPC Company: Kværner

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6 April, 2011

International oil service company Aker Solutions is establishing a specialised EPC company in order to further leverage the experience and expertise built up through field development projects over more than 40 years.

VWS is Awarded Contract for two FPSO Seawater Treatment Packages Offshore Angola

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4 April, 2011

VWS Westgarth, a subsidiary of Veolia Water Solutions & Technologies (VWS), has been awarded a multi-million dollar contract by Daewoo Shipbuilding & Marine Engineering Co. (DSME) for the design, supply and delivery of an Ultrafiltration system and a Sulphate Removal Package (SRP) system.

Seadrill Closes Acquisition Agreement with North Atlantic Drilling Ltd.

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4 April, 2011
Seadrill Closes Acquisition Agreement with North Atlantic Drilling Ltd.

Seadrill is pleased to announce that North Atlantic Drilling's acquisition of our harsh-environment drilling activities was successfully completed on March 31, 2011. Closing of the transaction took place in line with the initial agreement after North Atlantic Drilling successfully completed a private placement of 250,000,000 new shares in February and secured a US$2.0 billion...

BP Extends Maintenance and modifications contract with Aker Solutions

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1 April, 2011

BP has decided to extend the maintenance and modification contract with Aker Solutions, exercising a one year option in the existing agreement for the Ula, Valhall, Hod and Tambar fields. Work under the new option will last until April 2012.