Offshore & subsea

James Fisher Offshore, part of James Fisher and Sons plc, has stated the signing of a cooperation agreement with Aquatic Engineering & Construction Ltd.

Egil Haugsdal, current head of Kongsberg Oil & Gas Technologies has been appointed as President of Kongsberg Maritime.

Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology.

Tower Resources plc has provided the following update with regards to its interests in the SW Orange Basin Technical Co-operation Permit and the Algoa-Gamtoos Exploration Right offshore South Africa.

Major oil producers (including Venezuela & Qatar) also agreed to freeze output at January 2016 levels.

Nexans will provide power cabling to Samsung Heavy Industries for TOTAL’s Egina oil field FPSO platform.

The results reinforce Kvaerner's already strong financial position and resilience against market conditions.

Bhagwan Marine has announced it has completed a transaction to acquire Perth based company Delta Subsea.

ABB’s new Azipod D and energy storage solution to feature on two high tech specialised offshore vessels

Bhagwan Marine has announced the signing of a multi-year, multi-vessel contract to provide marine support to American company, Foss Teras Marine.

Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.

The contract will cover the installation of the Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides.

New approach delivers improved client services and creates role for Executive Vice President.

Yuma Energy Inc. and Davis Petroleum Acquisition Corp. have jointly announced that they have entered into a definitive merger agreement for an all-stock transaction.

The FEED study is to investigate subsea tie-back of Trestakk to Åsgard A FPSO.