Shane Guidry, CEO of Harvey Gulf International Marine has announced the purchase of Harvey’s 30 percent ownership in Quality Liquefied Natural Gas Transport (QLNG). The CEO previously owned 70 percent of QLNG with Harvey and now controls 100 percent. 

TDI-Brooks has partnered with Geotek LTD in the UK to expand their non-destructive core scanning services offered to clients.

Leading Aberdeen engineering outfit, Balmoral Group, has invested a six-figure sum in Blaze Manufacturing Solutions Ltd taking a 70% stake in the Aberdeenshire-based company.

It’s December and it is once again time to look back on the past year, while paving the way into 2020. Ampelmann is revisiting a year of successes, game-changing innovations, and expansion into new territories.

Rystad Energy’s base-case production profile for the Perth Basin in Western Australia has it reaching a peak gas production rate of over 400 million cubic feet per day (MMcfd) by about 2024, surpassing that of South Australia’s once mighty Cooper Basin.

Subsea 7 has announced the award of a sizeable contract by Chevron U.S.A Inc. for the subsea installation services at the St. Malo field, located in the Walker Ridge area of the Gulf of Mexico. The St. Malo field is approximately 250 miles south of New Orleans.

DORIS Group has announced the appointment this quarter of Christophe Debouvry as its new CEO. Nicolas Parsloe remains non-executive Chairman of DORIS Group.

Maersk Drilling has entered into an agreement with a subsidiary of Shelf Drilling, Ltd. to sell the jack-up rig Maersk Completer for USD 38m in an all-cash transaction. The transaction is subject to customary closing conditions, and the rig is expected to be delivered in January 2020.

Aberdeen based production optimization specialist, Enpro Subsea has rounded off 2019 with the granting of supplementary patents which underpin and expand its already robust technology portfolio and further strengthens its offering to the global subsea market.  

A recent report by the Ghana Ports and Harbor Authority states, “Total cargo traffic for both ports (Tema and Takoradi) grew from 19,459,834 tonnes in 2016 to 22,086,626 tonnes in 2017, registering a 13 per cent increase.

The technology group Wärtsilä has been awarded Lloyd’s Register (LR) system-level cyber certification for its network architecture relating to Wärtsilä’s integrated main and auxiliary machinery. The LR’s ShipRight SAFE AL2 certification, which is with Wärtsilä’s Data Collection Unit (WDCU), gives Approval-in-Principle (AiP) for the entire Wärtsilä integrated system network, rather than for any individual component. The certification is one of the first of its kind to be awarded globally.

Maersk Drilling has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago. The contract has an estimated duration of 322 days and is expected to commence in July 2020. The value of the firm contract is approximately USD 78m, including a mobilization fee. The contract contains an additional one-well option.

Royal Boskalis Westminster N.V. (Boskalis) has been awarded two offshore contracts with a combined value of approximately EUR 85 million.

Marine services company Malin Group has appointed oil and gas expert Alan Hunter in a new business development role, as the company looks to continue its growth in the sector.

As 2019 draws to a close, Anna Belova, Senior Oil and Gas Analyst at leading data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from stronger focus on gas developments to a push for shorter-cycle investments:

The end of the year is the perfect time for reflection, so VV are taking this opportunity to look back on the biggest and most valuable deals of 2019 in the Cargo and Offshore sectors.