Bermuda-based marine services company Teekay Offshore Partners announced that certain of its subsidiaries have entered into a settlement agreement with Petrobras with respect to various disputes relating to the previously-terminated charter…
An optimistic London-based independent exploration and production company Panoro Energy ASA is getting ready to commence an ambitious hydrocarbons search program in its newly found Tunisian market barely three months after it acquired DNO Tunisia Exploration AS…
Offshore geophysical firm Polarcus Limited said Thursday it has received an award for a 3D marine seismic acquisition project in West Africa.The award comprises two surveys of approximately three months each, with the first survey expected to commence Q2 2019 and the second survey Q4 2019.
Oslo-listed seismic surveyor TGS fell more than 10 percent after reporting disappointing third-quarter results on Thursday, as oil firms were still too cautious to spend despite a raft of upbeat earnings.TGS, which maps the seabed in search of hydrocarbon deposits for oil firms…
Ghana's liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said on Wednesday…
Nowegian shipbuilder Kleven has delivered the fifth vessel in a series of six anchor handlers for Maersk Supply Service A/S.Built for deepwater operations, Mærsk Mobiliser of the so-called Starfish series is equipped with a range of innovative features…
A decision by Petrobras not to invest in drilling new wells has derailed Chevron Corp's plan to resume exploration in a Brazilian offshore field, people familiar with the matter said.Chevron, which operates the field with a 52 percent stake…
Norwegian ocean-bottom seismic specialist Magseis entered into a $233 million deal to acquire the Seismic Technologies business from Fairfield Geotechnologies.'Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition…
Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was announced…
Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…
A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open two drill holes annually.Donmez made the…
U.K. based offshore energy support vessel (OESV) operator Seacat Services said it has seen unprecedented growth in demand for crew transfer vessel (CTV) services across 2018 in offshore wind.The fourth quarter of 2018, is, atypically, seeing surging demand for offshore wind crew transfer…
The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said.Work on the Wartsila 16v25 No.3 generator on board…
West African country has announced that it plans to open its highly-anticipated 12th Shallow and Deep Water Licensing Round of open blocks at the 25th Africa Oil Week, Cape Town in November 2018.Minister of Oil & Hydrocarbons Pascal Houangni…
The second Walk to Work vessel in the fleet of Wagenborg Offshore was unveiled on the Nieuwediepkade in the port of Den Helder. The Walk to Work Emergency Response and Rescue Vessel Kasteelborg was christened by Mrs. Marjan van Loon, CEO Shell Netherlands…