SembCorp Marine reports US$215 million net profit for 1H15
SembCorp Marine has released its 1H15 results highlighting its net profit of US$215 million for the six months ended, a decrease of 15% compared to 1H14.
Offshore & subsea
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API praises vote for Senate energy bills, exports
API voices its approval for two energy bills approved by the Senate which lift a ban on crude exports.
Subsea 7 confirms job losses and fleet cuts
Subsea 7 to cut workforce by 2500; fleet will be cut by 12 vessels.
IMES Group establishes new offshore safety division
IMES Group has welcomed its new establishes Marine Safety Systems division, created to enhance offshore safety and integrity for its clients.
Statoil begins production from its Gullfaks fast-track project
Prior to production, the project involved 370 drilling rig days and the drilling programme will continue through the 1Q16.
New offshore oil and gas exploration licences awarded
Oil and Gas Authority awards 41 new licences
Jean Cahuzac comments on Subsea 7 second quarter results
Subsea 7, second quarter results 2015
Coating solutions enhance safety at Sverdrup oil field
Trelleborg provides coating solutions to help enhance safety at new Sverdrup oil field
Technip awarded offshore brownfield and subsea tie-backs for PETRONAS FLNG1
Technip awarded contract by PETRONAS Carigali
SBM Offshore completes financing of Cidade de Saquarema
Project financing secured
Harkand: successful survey in Mexico
Harkand achieves two survey firsts in Mexico: metrology at new depths.
Second damen offshore carrier 8500 launched
Launch of subsea support vessel Maersk Connector
IMCA announces new president
Bruno Faure from Technip becomes IMCA President of the International Marine Contractors Association.
Brazilian competition authority approves Shell offer
CADE approves share offer for BC Group
Cameron announces second quarter results
Cameron reported solid earnings and orders for the second quarter of 2015, despite challenging market conditions.