Oil and gas company NEO Energy has informed its chief executive officer (CEO) Paul Harris has stepped down from the position after less than two years at the position.Paul Harris will support the business until the end of year to assist with an orderly transition of his responsibilities…
Offshore drilling contractor Northern Ocean has entered into a letter of intent (LoI) with Kinetic Pressure Control to outfit its two sixth generation semi-sub drilling rigs with new blowout equipment.Northern Ocean plans to install Kinetic’s…
Malaysia's Prime Minister Anwar Ibrahim on Tuesday reiterated that state energy firm Petronas will continue to conduct oil and gas exploration activities in Malaysia's exclusive economic zone (EEZ) in the South China Sea, despite objections from China…
Energy technology company Baker Hughes and oil and gas major Repsol have signed an agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) tool to optimize processes and workflows for oil and gas production…
Brazil’s state-owned oil and gas company Petrobras has signed three remaining concession contracts, acquired in partnership with Shell and CNOOC, in Pelotas Basin offshore Brazil.The concessions were acquired as part of the fourth Permanent Concession Offer Cycle…
South Korean conglomerate Hanwha Group on Monday raised its offer for the remaining stake it does not already own in Singapore's Dyna-Mac, valuing the offshore oil and gas contractor at S$790.6 million ($605.41 million).The improved offer of S$0…
Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom…
Oil and gas company Rockhopper Exploration has put in place insurance policy to cover the event that the Italian Republic succeeds in annulling Rockhopper Ombrina Mare arbitration award, while selling its remaining Italian assets to Zodiac Energy…
Australian oil and gas major Santos has secured an $800 million loan to finance the life extension works on of the Darwin LNG project in Australia.Darwin LNG has processed LNG for sale into overseas markets since it was commissioned in 2006…
SLB’s OneSubsea joint venture has secured a major contract by Petrobras to deliver full subsea equipment scope for one of Brazil’s five largest producing assets.As part of the project scope, OneSubsea will provide two subsea production manifolds…
Esgian highlights that operators in Norway are preparing new wells for Odfjell Drilling, COSL and Saipem semisubs in its Week 41 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling has secured new contracts for its 350-ft jackups…
Romanian integrated energy company OMV Petrom has signed a shipbuilding contract with Green Yard Kleven for the construction of a Field Support Vessel that will operate for the Neptun Deep project.Neptun Deep is the largest natural gas project…
Saipem and sub-contractor teams have installed the trunkline for Woodside’s Scarborough gas project, a critical piece of infrastructure that will enable gas transport from the offshore field to onshore facilities in Australia.The installation…
Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa.The company has now fully executed a three…
Oil and gas drilling services company KCA Deutag has secured a backlog exceeding $900 million in new contracts and extensions for land and offshore drilling projects across Saudi Arabia, Oman, Pakistan, Angola, and Europe.In offshore drilling segment of the backlog…