Offshore & subsea

Oil market highlights including crude oil movements, world economy, and world oil supply and demand.

BP expects US$1 billion in Group-wide restructuring charges over coming year.

Total has entered into a definitive agreement for the acquisition by Temasek of its entire remaining stake in GTT.

More than 665 attendees participate in the SPE International Heavy Oil Conference and Exhibition in Kuwait.

SeaPro Nav is currently being deployed on a major wide-azimuth (WAZ) survey conducted by CGG in the Gulf of Mexico.

Reflex Marine has supplied two six-person FROGs to Brazil’s national operator Petrobras.

The Board has appointed Tore Jakobsen as new President/CEO for an interim period.

The training courses were held from 16 to 27 November 2014 in the UAE.

Statoil has been awarded four new exploration permits offshore New Zealand, building on its existing position.

Statoil, Gassco and ExxonMobil have received consent to perform manned underwater operations between 1 December 2014 and 30 November 2015.

Songa Dee Rig awaiting improved weather conditions to move to drilling location at the Gullfaks field.

Offshore construction vessel order is the first to include ABB’s integrated power and automation solution.

Centrica Resources Norge AS drilling in the Norwegian Sea produces recoverable gas.

Investigation into a 2013 pipeline leak near Wrigley, Northwest Territories, uncovers multiple causal factors.

Baker Hughes rig count shows increase from October 2014 and November 2013 figures.