Oil and gas company Neptune Energy on Tuesday announced several contract awards worth almost £3 million (around $4 million) in total to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…
Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…
Offshore engineering and construction company McDermott said Tuesday it had secured its largest-ever renewable energy contract from grid operator TenneT for the BorWin6 980MW High-Voltage, Direct Current (HVDC) project, offshore Germany.The project is for the design…
MacGregor, part of Cargotec, has won a contract to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project located in the east part of the South China Sea. The contract has been awarded following the successful cooperation…
French energy industry giant TotalEnergies has partnered with the Norwegian company Semar in the development of the innovative Honeymooring solution, which, according to TotalEnergies, will contribute to lowering the floating wind costs and reducing seabed footprint…
Indian industrial services company Larsen & Toubro (L&T) said Thursday that its Hydrocarbon branch had won two offshore projects from 'a prestigious overseas client.'The scope of work comprises Engineering, Procurement, Construction, Installation…
High Speed Offshore Service Craft operating in the UK are now allowed to transport up to 60 workers, the UK Maritime and Coastguard Agency said Wednesday.According to MCA, the change will mean that vessels transporting those who work on offshore…
Offshore vessel operator Viking Supply Ships said Tuesday it had secured a seasonal contract with 'a major construction company' for its four anchor handling tug supply (AHTS) vessels of 1A and 1A Super ice classes. 'The vessels will assist…
Norwegian oil services firm Aker Solutions raised its 2022 revenue outlook on Tuesday and said its earnings margin is likely to increase this year while order intake is headed for a record high, sending its shares sharply higher.The company…
Oilfield services giant Petrofac has won two new contracts with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company. With a combined value of around $100 million, the wins include Petrofac’s first significant Operations and Maintenance (O&M) contract in-country…
Engineering and maintenance services firm Sparrows Group has secured a three-year contract award from Serica Energy for crane operations and maintenance services on the UK North Sea platform, Bruce. Sparrows will provide resident focal points…
Oasis Marine Power said Thursday it had completed the first stage of testing of its offshore charging station.The Oasis Power Buoy is an offshore mooring and charging station with a zero-emission power source fed from wind turbines. 'Initially…
Hess Corp said on Tuesday it expects its 2022 capital budget for production to rise 37% as the oil company looks to focus on its operations in Guyana and the U.S. Bakken shale basin.A more than 50% rise in global crude prices in the past year…
Petrogas E&P Netherlands, a part of Petrogas E&P LLC, based in Muscat, Oman), has awarded Heerema Marine Contractors a contract to decommission multiple North Sea oil platforms.The contract is for the removal of the Haven, Hoorn, Helm, and Helder…
Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…