Dutch offshore gangway specialist Ampelmann has won a contract with offshore vessel owner Olympic Shipping to support topside commissioning work on Ithaca Energy’s FPF-1 semi-submersible production platform in the UK North Sea.Ampelmann E-type gangway system…
Australian oil and gas company Karoon Energy has said that its founder and CEO Robert Hosking will step down after 16 years at the helm.The company, with oil and gas projects in Australia, Peru, and Brazil, said Wednesday that Hosking had informed…
Temasek Holding's $3 billion bid to acquire a controlling stake in Keppel Corp will be under scrutiny on Thursday as a big quarterly profit drop at the conglomerate could raise the risk of the state investor dropping its proposal, analysts said…
Swedish oil firm Lundin Energy, a partner in Norway's giant Johan Sverdrup oilfield, reported worse-than-expected operating profit in the second quarter as the fall in prices due to the COVID-19 pandemic more than offset record output.Earnings before interest and tax (EBIT) fell to $166…
Danish offshore oil and gas drilling company Maersk Drilling is stepping up its efforts to reduce emissions associated with its drilling operations.It in June joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore facilities…
Italian energy services group Saipem painted a gloomy outlook for the year after reporting a net loss of 616 million euros ($723 million) in the second quarter following writedowns.The company said the industry faced uncertain demand for oil and gas…
Tullow Oil said on Wednesday it was set to book $1.4-1.7 billion in impairments before tax in its half-year results, as it follows larger rivals in lowering its oil price forecasts.Tullow, which had a market capitalization of around $508 million after markets closed on Tuesday…
Dutch offshore surveying services provider Fugro has started the geophysical survey phase of a large multidisciplinary site investigation contract for East Anglia offshore wind hub project in the UKThe contract with ScottishPower Renewables…
Malaysian oil and gas company Petronas Carigali will use Honeywell UOP modular natural gas processing technology at the Kasawari gas field offshore Sarawak, Malaysia.Honeywell UOP said Petronas would use its technology in the development of…
Norwegian oilfield services company Aker Solutions has won a contract extension from ExxonMobil for the provision of engineering, procurement, and construction (EPC) services for the Hebron platform, offshore Newfoundland, Canada.The Hebron oil field is located offshore Newfoundland and Labrador…
Israel's Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in the Gulf of Mexico to 47% from 16%.Navitas had partnered with U.S. oil firm LLOG and Blackstone's portfolio…
East Anglia ONE, a £2.5 billion offshore wind farm 43km off the coast of Suffolk, UK, has been completed, ScottishPower Renewables has informed.All 102 Siemens Gamesa offshore wind turbines – situated 43km off the Suffolk coast – are now fully operational…
LR has appointed Mike Holliday as Marine & Offshore president for South Asia, the Middle East, and Africa (SAMEA).In his new role, Holliday will lead LR’s Marine and Offshore operations across SAMEA, primarily based in Singapore, and be responsible…
Singapore's Sembcorp Marine Offshore Platforms has awarded the early works contract to Iv-Offshore & Energy for the engineering of the offshore wind farm Sofia high voltage direct current (HVDC) platform.Once operational, the RWE-operated Sofia…
UK-based energy consultancy Xodus Group has partnered up Japanese consultancy E&E Solutions to deliver advice and analysis for the developing offshore wind market in Japan.E&E Solutions has the local market knowledge, including an extensive…