President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation…
Shell's Malaysian subsidiary Sarawak Shell Berhad has extended the contract with Malaysian offshore vessel owner Dayang Enterprise for the use of the Dayang Opal accommodation workboat.The value of the contract is based on work orders issued…
Dutch offshore services company Fugro announced its chief financial officer (CFO) Paul Verhagen has decided to leave the company.Verhagen, who joined Fugro as CFO and member of the Board of Management in 2014, will step down after the annual meeting of shareholders on April 22…
Premier Oil shareholders on Tuesday voted in favor of a reverse takeover of private equity-backed Chrysaor to create the British North Sea's biggest oil and gas producer in which Premier shareholders will hold about 5.5%.'Shareholder approval for the Transaction has now been received…
Norwegian oil company Vår Energi has appointed Torger Rød as the company’s new CEO. Rød will take over from Kristin F. Kragseth who has recently accepted the position as CEO of Petoro, the management company for the Norwegian state-owned oil and gas interests…
Marine and offshore survey company Ocean Infinity, which recently announced plans to build the world's largest fleet of unmanned surface vessels - the Armada, is now adding what it says are 'world's largest marine robotic vessels' to the Armada fleet…
Oil and gas giant Shell has teamed up with offshore robotic ship operator Ocean Infinity to combine expertise and assets to execute multiclient seep hunter projects.'The combination of Shell’s specialist seep hunting expertise and Ocean Infinity’s ‘Armada’ fleet of robotic ships…
A judge in The Bahamas has refused to grant any orders that would affect Bahamas Petroleum Corporation's current operations in the country, meaning that the drilling of Perseverance #1 well, spudded on December 20, will continue. Further hearings…
The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended for a year owing to the threat of sanctions from the United States, according to a Danish maritime regulator.Nord Stream 2…
Heerema Marine Contractors' giant semi-submersible crane vessel Thialf has recently completed the eight-month long campaign to remove the Sable Project’s offshore platforms for ExxonMobil in Canada.The vessel Thialf arrived in Canada in early…
Qatar-based energy shipping company Nakilat said Monday it had assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate.The FSRU is jointly owned by Nakilat and Excelerate through a joint venture established in 2018…
Oilfield services giant Baker Hughes has launched what it calls engageSubsea remote – an extension of its engageSubsea platform - which serves as an equipment inspection tool, technical support, and operational management platform.Baker Hughes…
Late 2018, before net-zero targets had been agreed to by most western energy giants and nations, BP came out with a goal to reach 100% of subsea inspection by marine autonomous systems by 2025.It was a tangible goal then, and it’s one that might…
Chinese oil giant CNOOC has kicked off infill drilling operations at its Weizhou 6-12 Fields of Block 22/12, Beibu Gulf, offshore China.The news was shared Friday by CNOOC's partner Horizon Oil, which said that the two well infill drilling program…
The global pandemic has led to a drop in the global demand for offshore helicopter transport services, Rystad Energy said this week, however, adding that an improvement is expected in 2021.Per Rystad, a Norway based energy market intelligence company…
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