WOOD Group has said that oil and gas firms are re-considering their spending plans for 2015 following the fall in the oil price, with an impact on the service sector.

After several delays, Malaysia’s provider of offshore vessels and floating production units, Bumi Armada, and Husky-CNOOC have signed a contract for a floating, production, storage and offloading vessel (FPSO) for the Madura BD field, offshore Indonesia.

The U.

The Lomond Platform has been evacuated as a precaution after a Norwegian supply vessel lost power during a fire on the ship and began drifting in bad weather.

SBM Offshore, world’s largest supplier of FPSO units, will lay off around 600 contractor workers as well as 600 of its permanent staff.

EnerMech has secured six new or renewed cranes and lifting contracts in the UK North Sea sector valued in excess of £34 million.

Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 30/11-11 in the Krafla prospect, in the North Sea.

Talisman Sinopec is returning its workers back to the Buchan Alpha platform in the North Sea, following an evacuation earlier this week.

Together with VTT Technical Research Centre of Finland, Rolls-Royce today unveiled its latest vision of Ship Intelligence – a futuristic ship’s bridge concept which, according to Rolls-Royce, could become reality by 2025.

Ranger Offshore, Inc.