Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…
Dutch offshore services company Fugro has won three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in Brazil.'All three contracts are for 3-year firm periods with additional 1-year options…
Indonesian oil and gas regulators have approved the plan of development of the Paus Biru offshore gas field in the East Java Basin.The field is located in the Medco-operated Sampang offshore block, in the Madura Strait, off Madura Island, Indonesia…
Cash strapped offshore accommodation provider Floatel expects a prolonged downturn in the offshore accommodation market, with no significant improvements expected before 2022.The company, which operates five semi-submersible accommodation rigs…
Oil and gas company Noble Energy has set a date for a shareholder vote on the company's proposed takeover by Chevron.As previously reported, Chevron in July announced a deal to acquire Noble Energy in an all-stock deal valued at around $5 billion…
Crude oil prices rose on Tuesday, supported by production cuts in the U.S. Gulf Coast as Tropical Storm Laura was forecast to become a major hurricane while rising coronavirus cases in Asia and Europe capped gains.Brent crude oil futures added 37 cents…
Norway's Equinor has signed lease extensions for two offshore wind farms in the UK, the Sheringham Shoal and the Dudgeon, securing an area of seabed of approximately 196 km2 in total to further develop existing wind farm areas, with the aim to double the area's electricity generation capacity…
Subsea cable specialist JDR has signed a contract with Dutch marine contractor Boskalis to provide the termination and testing of 100 array cables and two offshore substation interconnector cables for the Moray East offshore wind farm off the coast of Scotland…
Italian engineering and construction company Saipem, known for its offshore oilfield and drilling services, is increasing its involvement in the offshore wind sector.After securing several offshore wind installation contracts for its Saipem 7000 heavy lift vessel…
Shell has completed its farm-in into Egdon Resources' North Sea licenses containing the Resolution and Endeavour gas discoveries, Egdon said Tuesday.Following the initial farm-in agreement struck in January, the UK Oil and Gas Authority has…
Subsea services provider IEV has been awarded an advanced inspection solutions contract in Malaysia.The contract, accepted by IEV Malaysia last Friday, was awarded by an unnamed oil and gas (“O&G”) services provider.IEV said the contract was…
Offshore drilling rig contractor Seadrill's ongoing attempt to restructure its massive debt could leave current shareholders with minimal or no ownership at all, the Oslo-listed company said on Tuesday.Demand for exploration and drilling has…
Testing, inspection, certification, and classification society Bureau Veritas aims to convert 50% of physical surveys offshore to remote surveys by the end of 2021.In this drive towards real-time remote verification for offshore assets, the…
Swedish oil and gas company Lundin Energy on Friday said it would appoint Daniel Fitzgerald as Chief Operating Officer (COO) of Lundin Energy, effective January 1, 2021.The appointment follows the news issued three days prior, informing that Nick Walker…
London-listed oil and gas company Energean has informed that suction anchors, designed to keep the Energean Power FPSO in place at the Karish field off Israel, have been installed.Energean said Monday that the installation of the suction anchor took less than three weeks to complete…