Airborne Oil & Gas Names New CEO
The supervisory board of Airborne Oil & Gas (AOG) has appointed Oliver Kassam as CEO. Kassam was most recently at SBM Offshore as president and managing director in charge of the company’s activities in Brazil. Tim van Delden, chairman of the supervisory board, said: “We are very happy to welcome Oliver Kassam […]
Aker BP Gets Nod to Remove Jette Facilities
Aker BP has received consent for removal of the facilities on the Jette field in the central North Sea from the Petroleum Safety Authority (PSA) Norway. The Jette field is located in the water depth of 127 meters, around six kilometers south of the Jotun field. Jette was proven in 2009, and […]
SMD Plough Executes for Assodivers
Subsea equipment designer and manufacturer Soil Machine Dynamics (SMD) said that its ‘Multi-Mode Pre Lay Plough’, delivered to Greek offshore contractors Assodivers in Spring this year, has completed its first offshore job in the Baltic sea. The Multi-Mode Pre Lay Plough is the newest addition to SMD’s power cable installation and protection […]
Sapura Reports Close to $450M in New Contracts
Sapura Energy said it has scored another nine new contracts valued at approximately 1.8 billion Malaysian ringgits (close to $450 million), bringing the accumulative value in contract wins to-date to 4.5 billion Malaysian ringgits ($1.12 billion) for the Group. The combined value represents a three-fold jump or an increase of nearly 250 per cent compared […]
Sapura Reports Close to $500M in New Contracts
Sapura Energy said it has scored another nine new contracts valued at approximately 1.8 billion Malaysian ringgits (close to $500 million), bringing the accumulative value in contract wins to-date to 4.5 billion Malaysian ringgits ($1.12 billion) for the Group. The combined value represents a three-fold jump or an increase of nearly 250 per cent compared […]
Preparatory Work for Balticconnector Installation Starts in Finland
Preparatory work for the installation of the Balticconnector project’s offshore pipeline is starting in the Gulf of Finland. The work will start with protective measures in the location of cables and the Nord Stream pipelines on the seabed, after Midsummer holidays. In July, the project continues with excavation work on the shores of Paldiski where […]
Ocean Infinity Buys into Kraken Robotics
Kraken Robotics said it has reached a non-brokered private placement offering deal with Ocean Infinity whereby Ocean Infinity will acquire 9.99% of Kraken’s issued common shares. Kraken’s relationship with Ocean Infinity started in 2017, and this investment in Kraken should form the starting point for the expansion of this relationship. Given this, […]
C-Innovation in Apache Decom Project
C-Innovation said it will take part in the Bass Lite Flowline decommissioning project for Apache. An affiliate of Edison Chouest Offshore (ECO) and its family of companies will be responsible for flushing and preparing 60 miles of pipeline for decommissioning. The project, which is located in the Mississippi Canyon area of the Gulf […]
New Discovery for ExxonMobil Offshore Guyana
Exxon Mobil has made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. ExxonMobil encountered approximately 256 feet (78 meters) of high-quality, oil-bearing sandstone reservoir. The well was drilled to 18,057 feet (5,504 meters) depth in 6,365 feet (1,940 […]
Naval Energies Sets Up Assembly Plant for Tidal Turbines
The world’s first assembly plant for OpenHydro tidal turbines was inaugurated in Cherbourg in the presence of numerous representatives of the Normandy authorities and foreign delegations. Built in ten months, this plant will start the production of the first two turbines for Canada and Japan. The plant will also supply tidal turbines […]