Granada further extend their offshore portfolio with a major contract win from Smulders, to design, manufacture, deliver and commission 90 of their unique Python cranes, one to be fitted to each of the transition piece platforms for Triton Knoll…
Oil company Petróleo Brasileiro SA, or Petrobras, said on Wednesday it finished a long-term test at the Mero field in the Libra pre-salt area with positive results.The Brazilian company said in a statement that the well used for the test in Mero reached an average production of 58…
General Electric Co's unit Baker Hughes is preparing an offer for a production-sharing deal with Brazil's Petrobras, a Baker Hughes executive said on Tuesday, as the state-run oil company seeks creative ways to boost output from mature fields…
Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August, before going on hire on 19 September, 2018. The vessel will be used to support…
Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas) bunker vessel with bunker tank capacity of 6,000 m3. The new vessel will provide mobile and efficient LNG bunkering for the growing number of LNG-fuelled…
Wintershall Norge has received official green light from Norwegian ministry of Petroleum and Energy for its plan for NOK 9.9 billion ($1.2 bln) development and operation for the Nova field in the North Sea.A press rlease from the Germany cmpany…
Singapore based independent oil firm Jadestone Energy announced that it has completed its acquisition of the Montara oil project, offshore Australia.Further to the Company’s previous announcements on July 16, 2018 and September 21, 2018, all…
BP has received approval from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea, which is expected to come onstream in 2020.New North Sea development is targeting 30 million barrels of oil equivalent and expected to produce 20…
Oil and gas exploration company Neptune Energy Group announced that it has completed the acquisition of the Norwegian and Danish offshore oil and gas assets of German gas utility VNG Norge AS.The transaction adds three producing fields, two…
Seacor Marine Holdings has entered into a USD 130 million loan facility with a syndicate of lenders led by DNB Bank ASA.The provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide…
Inpex Corporation announced the departure of its first shipment of condensate from the Inpex-operated Ichthys LNG Project.The cargo departed from the Project’s massive offshore floating production, storage and offloading facility - the Ichthys Venturer –moored in the Browse Basin…
Building on maritime and offshore expertise gained through decades of experience serving the ocean industries from Norway, newly formed Global Ocean Technology Group is gathering key marine and energy technologies and services in a company with global ambitions…
Lee Clarke at Dynama explains how to weather challenges in the offshore industry by using effective workforce optimization to support a successful bid management process.Since the middle of 2014 the price of a barrel of crude oil dropped from about $115 to less than $30…
Israeli and Egyptian partners have agreed to purchase 39 percent of the shares in the EMG pipeline for $518 million, a deal that will enable natural gas exports from Israel to Egypt to begin as early as the start of 2019, the companies said on Thursday…
Malaysian oil and gas exploration and production company Hibiscus Petroleum is aiming to double its oil output in the United Kingdom and Malaysia to 20,000 barrels per day (bpd) by 2021, a senior company executive said on Thursday.It needs an…
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