Offshore & subsea

Ecoceane examine a patented technology that can enable oil spill clean-up vessels to do their job more efficiently and effectively.

BP faces a fine of up to US$13.7bn (£9bn) after a US judge ruled that the 2010 Gulf of Mexico oil spill was smaller than initially feared.

Transocean Ltd. today issued a comprehensive Fleet Status Report that provides status and contract information.

Norway's Statoil handed back three out of its four Greenland offshore oil and gas exploration licenses.

BP is set to announce plans for significant job cuts to staff in its North Sea operations later today, according to several news reports.

Total has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea.

Keppel Singmarine Pte Ltd has secured a contract for an ice-class multi-purpose vessel worth around S$265 million.

io is a new model of consulting in offshore field developments.

The FPSO is owned by Sonasing and operated by OPS.

Hima-Sella has been awarded a contract to develop an emergency shutdown (ESD) system for a North Sea oil platform.

EFC Group has completed a £1.3million contract to design and build a BOP and diverter control system for Dalian Shipbuilding Industry Offshore Co.

Analysis from Frost & Sullivan finds that the market earned revenues of about US$10 billion in 2013 and estimates this to reach more than US$14 billion in 2020.

Williston Economic Development has launched the Enhanced Bakken Supply Chain Initiative to reduce costs and increase efficiencies for Bakken operators.

UK independent producer Cairn Energy confirmed on Tuesday that its Catcher and Kraken field developments in the UK North Sea remain on track.

More than 40 units have been sold all around the world including major operators in the Middle East, Africa, Asia and Europe.