Offshore ///

OEG Offshore U.S. arm merges with Gulf coast equipment provider

OEG Offshore, a global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, has announced the merger of its U.S. business with Louisiana-based oilfield equipment provider Cameron Rental and Tank Inc. (CRT).

IKM Testing acquires Oceaneering’s machining, cutting business

The IKM Group announced Friday that IKM Testing has entered into a purchase agreement to acquire Oceaneering’s Norwegian onsite machining and cutting business.

McDermott bags its largest Middle East contract from Saudi Aramco

McDermott International has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia.

DNV GL awards class for two self-elevating construction, accommodation units

DNV GL will be working with the Chinese-owned Tianjin Desail to develop a new liftboat design for offshore construction, accommodation and maintenance.

Maersk Oil awards integrated services contract to Amec Foster Wheeler

Amec Foster Wheeler has won a three year integrated services contract (ISC) from Maersk Oil. The value of the contract has not been announced.

Loyd’s Register to class world’s largest heavy lift crane vessel

Loyd’s Register has won a contract to class the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group.

Total sells North Sea midstream assets for $905 million

Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for around $905 million (£585 million).

Tap Oil inks production sharing contract for Myanmar block

Tap Oil has formalized its entry into Myanmar following the signing of the Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama basin.

Danos wins contract for Shell’s deepwater Appomattox project

Danos has been selected by Shell Offshore Inc. to fabricate three boarding valve skid assemblies for its deepwater Appomattox project.

Norway authorizes equipment for improved recovery on Gullfaks

The Norwegian Petroleum Directorate (NPD) has granted the licensees of Gullfaks Sør consent for start-up and operation of a new subsea wet gas compressor and umbilical on the Gullfaks field in production licence 050.

Shell spuds Portrush exploration well in Norwegian Sea

AS Norske Shell has started drilling Portrush exploration well 6407/10-5 in the Norwegian Sea, Faroe Petroleum, a junior partner in the license, announced Wednesday.

Cnooc first-half profit drops 56% on plunging crude prices

Cnooc Ltd., China’s biggest offshore oil and gas explorer, posted a 56% decline in profit for the first half of this year.

Transocean targets dividend payout as asset writedowns mount

Transocean Ltd., the offshore oil-rig operator that lost two-thirds of its value in the past year, plans to cancel its dividend and record 2 billion Swiss francs ($2.1 billion) in asset impairments as free-falling crude prices slash demand for drilling vessels.

Petrofac rises as order boost counters delay at North Sea fields

Petrofac Plc, a UK oil-services provider, rose the most in five weeks in London trading as an expanding order backlog countered setbacks in the North Sea.

Exceed launches world’s first decommissioning collaboration tool

The world’s first online information management system for the offshore decommissioning market has been launched by well management and performance improvement specialist, Exceed.

Seatronics secures first UK sale of 2G Robotics' ULS-200 underwater laser scanner

Seatronics, an Acteon company, has secured the first UK sale of 2G Robotics' ULS-200 underwater laser scanner.

Cobalt sells interest in Angola blocks for $1.75 billion

Sonangol and Cobalt International Energy have announced the signing of a sale and purchase agreement for Sonangol to acquire all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 offshore Angola for $1.75 billion.

Aptomar, Statoil sign contract for tactical collaboration and management system

Statoil has opted for Aptomar’s TCMS (tactical collaboration and management system) at the energy company’s field monitoring center at Sandsli in Bergen, Norway.

TGS announces Gigante multibeam, coring and geochemical analysis project

TGS has received an authorization from Mexico's Comisión Nacional de Hidrocarburos (CNH) for the acquisition of multibeam, coring and geochemical analysis data over an area of approximately 600,000 sq km in Mexican waters.

Royal IHC launches fifth pipelaying vessel for Sapura Navegação Marítima

Royal IHC has successfully named and launched the pipelaying vessel, SAPURA RUBI, in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands.