Offshore installation contractor DeepOcean has decided to extend the contract for Solstad Offshore's construction support vessel (CSV) Normand Jarstein.Solstad Offshore, the Norwegian offshore service and supply ship shipping company, said that…
Ardea, a 20-meter catamaran crew transfer and support vessel, was delivered to Cape Preston in Western Australia earlier in 2019, Australian marine engineering design company Incat Crowther announced.Built by Echo Marine Group, the Incat Crowther 20 design has proven speed…
Oil and gas company Neptune Energy has awarded new drilling services contracts for its its 50 million barrel Seagull project in the UK North Sea worth a total of $40 million.US oilfield services giant Halliburton will supply equipment from its base in Arbroath for Seagull…
Offshore services company Subsea 7 said it has been awarded a contract from Woodside for the execution of phase 2 of the Julimar-Brunello Project, approximately 200 kilometers offshore North Western Australia.Subsea 7 said its full scope of work will be to design…
Depending on who you talk to, the Romanian offshore either has two projects worthy of mention and an aging supplier base, or it’s the most up-and-coming and accessible oil and gas province in all the world.The truth, as usual, is somewhere in the middle…
Two Equinor personnel have been injured from an explosion on the Heimdal platform in the North Sea on Thursday, the Norwegian energy company said.There were 70 people on board the Equinor-operated platform when a portable nitrogen gas container…
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world's biggest flotation by raising more than Alibaba's $25 billion listing in 2014.Here are key events in the Saudi state oil giant's planned stock market debut…
U.S. energy firms reduced the number of oil rigs operating for a record 12th month in a row after this week cutting rigs for a sixth consecutive week as producers slash spending on new drilling.Drillers cut three oil rigs in the week to Nov…
Wintershall Dea’s controversial wildcat well near the closed-off Lofoten archipelago in northern Norway was ultimately unsuccessful, analyst Rystad Energy said.Rystad Energy’s senior exploration analyst Palzor Shenga said, “This stands as a…
PetroRio, a Brazilian independent oil company specialized in revitalizing mature oil fields, has excelled at using cutting edge recovery technology, and applying an efficient program of reservoir management to pinpoint mature fields with potential to increase recovery…
Seadrill Chairman John Fredriksen, the oil rig firm's top shareholder, is stepping down with immediate effect, the company said on Thursday, as it holds discussions with lenders about restructuring its massive debts.The 75-year-old billionaire investor…
Ocean data company XOCEAN announced the completion of a €7.9 million ($8.8 million) funding round, fully subscribed by existing shareholders, to support its international growth plans.XOCEAN said it has set out to transform the way ocean data…
Canadian energy company Northland Power and the Japanese provides renewable energy project development services Shizen Energy have agreed to set up a joint venture to develop offshore wind projects in Japan.Under the terms of the agreement,…
Australia's offshore safety watchdog has asked Equinor ASA to modify its drilling plan before it can win approval to explore for oil and gas off South Australia, the regulator said on Monday.Green groups want the regulator to bar Equinor from drilling in the Bight…
The mega Leviathan gas field offshore Israel is on track to begin production in December, ahead of schedule and below budget, operator Noble Energy said.The Leviathan project is 96% complete after production decks were installed on the jacket in the third quarter…