Oil and gas companies Equinor and ConocoPhillips on Friday received approvals for drilling of offshore wells in the North Sea, and the Norwegian Sea, respectively.Equinor has been given a regulatory approval from the oil and gas safety body…
Dutch offshore installation and construction company Heerema Marine Contractors has installed Pemex's Yaxche-C jacket and topside in Mexico, under a contract awarded by Cotemar.Heerema used its 'most experienced vessel' semi-submersible crane…
Premier Oil said on Thursday it had agreed to terms for a long-term refinancing of its debt facilities, including $300 million of new equity and an extension to its credit maturities, after posting a first-half loss on weak crude prices. The British company said $2…
Germany based Buss Energy Group has acquired a 24.9 percent stake in Austrian drone specialist Aero Enterprise which provides drones for offshore wind turbine inspections.The Aero Enterprise drones are based on helicopter technology and thus can be used even at high wind speeds…
Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients…
Two persons were airlifted this week from Equinor's Statfjord B platform off Norway after having been exposed to smoke following a short circuit in a switchboard room.The Norwegian oil and gas safety body PSA Norway has started an investigation…
Norway-based seismic surveyor Shearwater GeoServices has won its first-ever contract in Vietnam.Under the contract signed with operator SK Innovation, Shearwater will be responsible for a towed streamer 3D acquisition over the offshore Block 16-2…
Valaris, the world's largest offshore drilling contractor by fleet size, filed for bankruptcy on Wednesday, in a move to restructure its debt load and reduce debt by more than $6.5 billion.The company has been hit by the combined effects of the global COVID-19 pandemic…
Offshore wind consultancy firm OWC, part of AqualisBraemar, will be providing engineering support for Mayflower Wind's offshore wind farm development in the U.S.In December 2018, Mayflower Wind, the 50/50 joint venture between Shell and EDP Renewables…
Offshore training provider Maersk Training has partnered up with Bristol Community College’s National Offshore Wind Institute (NOWI) in Massachusetts, United States.NOWI’s basic safety training modules include the areas of first aid, manual handling…
Lundin Energy, a Swedish energy company with offshore oil and gas operations in Norway, on Tuesday said it had appointed Nick Walker as President and Chief Executive Officer (CEO).The appointment of Walker, which will become effective on January 1…
Maxlimer, a 12-meter uncrewed surface vessel (USV) owned by SEA-KIT returned to Plymouth, England on Friday after 22 days of remote survey operations on Europe’s continental margin.The project has been dubbed a major achievement for the British…
Norwegian energy company Equinor has awarded Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig more work in Norway.Odfjell Drilling said Tuesday that Equinor had elected to use the rig for three offshore wells.'The wells have…
BHP Group said on Tuesday it plans to sell its 50% stake in the Australian Bass Strait oil and gas venture as it seeks to focus on its higher-value petroleum assets.The Bass Strait joint venture is co-owned and operated by Exxon Mobil Corp, which has also put its 50% stake up for sale…
Norwegian offshore support vessel owner Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three platform supply vessels.Two vessels Island Crusader and Island Contender, previously operated…
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