Romanian-based Black Sea Oil & Gas, controlled by private equity firm Carlyle Group LP, said on Thursday it has decided to go ahead with its $400 million offshore gas project in Romania, the first such project to be developed in 30 years.The…
The United States could help Hungary diversify away from Russian energy by encouraging ExxonMobil to proceed with long-stalled plans to develop the Domino-1 gas field in the Black Sea, Hungary's foreign minister said.Foreign Minister Peter Szijjarto…
Norwegian offshore vessel owner DOF announced that it has signed a 21 months contract for the platform supply vessel (PSV) Skandi Sotra (built 2003).The contract will commence today (Friday) in direct continuation from its present contract in Australia…
Romanian-based Black Sea Oil & Gas received a construction permit from the country's energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development.The company, controlled by private equity firm Carlyle Group LP…
Oil and gas commissioning and start-up specialist Magma Products announced Tuesday it has appointed Philip Tweedy as managing director.Tweedy, previously commissioning manager at Magma, will be responsible for day-to-day operations at the company’s Aberdeen…
The new Antarctic Supply Research Vessel (ASRV) RSV Nuyina currently under construction at Damen Shipyards Galati in Romania has been floated out and maneuvered 250 meters to a quayside berth where the ongoing construction and outfitting process will take place…
Black Sea Oil & Gas (BSOG) has awarded GSP Offshore a contract to drill two exploration wells in the XV Midia Shallow Block, on the Romanian Black Sea Continental Shelf. The GSP Uranus, from GSP…
Black Sea Oil & Gas (BSOG) has awarded Xodus Group a front-end engineering and design (FEED) contract for the development of the Ana and Doina discoveries in the Black Sea. Xodus will work on the offshore and onshore facilities for the development of the Midia Gas Development Project…
Italy's Fincantieri has offered to buy out all the shares in shipbuilder Vard. Shipbuilding group Fincantieri, which is listed in Italy and is currently the majority shareholder in Vard, with 55.63% of shares, is offering S$0.24 a share in cash for Vard…
Technip’s latest newbuild, the diving support vessel (DSV) Deep Explorer, has been officially named in Norway. The traditional naming ceremony was held at VARD’s Langsten shipyard. Deep Explorer is a DP3 class DSV, purpose-designed and…
Solstad Offshore has taken delivery of the Normand Maximus and started it on its eight-year charter contract with Italy's Saipem. The Normand Maximus was developed in close collaboration between Solstad, Saipem and shipbuilder Vard…
Vard Holdings secured a contract worth about US$40 million for the design and construction of two additional module carrier vessels for Topaz Energy and Marine. The vessels, of VARD 9 21 design and measuring 123m by 16.5m, are sister…
Technip and DOF Subsea’s 50:50 joint venture TechDof Brasil has taken final delivery of the pipe-lay support vessel (PLSV) Skandi Açu, and started its eight-year charter contract with Petrobras on 13 August. Skandi Açu…
Damen has been quick to build a fleet ready for offshore wind operations, from fast crew suppliers to the latest SOVs. Elaine Maslin reports. The Bibby Wavemaster. Images from Damen. Ship…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
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