Standard Drilling, an offshore driller turned offshore support vessel owner, has now decided to make another shift in its game.The company, which in 2013 sold off its offshore drilling rigs, only to return as offshore vessel owner in 2016, on…
Malaysian offshore vessel and rig owner Perisai Petroleum Teknologi is about to get delisted after Bursa Malaysia decided to dismiss the company's request to give it more time to get its business in order.Perisai, which provides vessels and rig to the local oil and gas industry…
Gas from the Leviathan gas field offshore Israel has started flowing to Egypt, Delek, a partner in the giant development, has said.The $3.6 billion development operated by US-based Noble Energy started producing gas in the last week od December 2019…
There were 282 offshore drilling rigs actively exploring for or developing oil or natural gas worldwide in December 2019.This is an increase of 22 offshore drilling rigs compared to December 2018, according to Baker Hughes' weekly rig count report issued earlier this week…
Offshore oil and gas exploration spending in the Middle East is set to grow significantly over the next few years, as onshore resources mature and become more numbered, Rystad Energy said Friday.'The most bountiful petroleum plays in the Middle…
The global leader in offshore wind Ørsted has started construction of its first offshore wind farm in the Netherlands by installing the first foundations at the 752-megawatt Borssele 1 & 2 offshore wind farm (OWF).The Danish renewable energy…
British oil major BP will appoint Murray Auchincloss as new CFO, as Brian Gilvary has decided to retire in June after eight years in position, and 34 years with the company. Auchincloss currently serves as CFO of BP’s Upstream segment and will take up the role of BP CFO and join the board on July 1…
Aker BP has received permission to drill an appraisal well in the North Sea offshore Norway.The appraisal well 25/2-22 S will be drilled to delineate the size of the Liatårnet discovery which was proven in the production license 442 in 2019…
The Hamburg Institute of International Economics (HWWI) has drafted a new market analysis on offshore wind energy and decommissioning in the scope of the INTERREG-North Sea project 'DECOM Tools'.Against the background that offshore wind energy…
Denmark's petroleum giant Total E&P Danmark has extended the charter contract for the platform supply vessel (PSV) Havila Herøy for a period of 9 months with 3 optional periods each of one month.The Norwegian provider of supply services to offshore…
An estimate of 3,000 gallons of diesel fuel has been spilled as the result of a collision between an offshore supply vessel (OSV) and a tug near Port Arthur Texas, the U.S. Coast Guard said on Friday.The Coast Guard said it is responding to…
Norwegian offshore service and supply ship shipping company Solstad Offshore has signed contracts for several of its vessels with various clients.Technip FMC have extended the present frame agreement with Solstad for ploughing/trenching duties in the North Sea with 1 year…
Norwegian offshore service and supply ship shipping company Solstad Offshore said that UK-based Apache North Sea Limited has extended the charters of platform supply vessels (PSVs) Sea Flyer and Sea Forth.According to the vessel owner, the contract…
SBM Offshore announced on Wednesday that it has firmed up contracts with Brazil’s Petróleo Brasileiro S.A. (Petrobras) for the 22.5-years lease and operation of a floating production, storage and offloading unit (FPSO) to be deployed at the Mero field in the Santos Basin offshore Brazil…
Ocean data company XOCEAN announced on Wednesday that it has completed the acquisition of autonomous hydrographic survey company 4D Ocean.The announcement follows the news of XOCEAN’s successful €7.9 million funding round earlier this month…
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