Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana's coast have not returned to the site of a December incident with Venezuela's navy, but they may in the future, Guyana's foreign minister said on Thursday.Guyana, with no history of oil production…
Vietnam's state oil firm PetroVietnam said on Friday that tension in the South China Sea will continue to weigh on its offshore operations this year.The company, formally known as Vietnam Oil and Gas Group targets to produce 12.37 million metric tonnes of crude oil this year…
Norwegian offshore service and supply ship shipping company Solstad Offshore has secured work for two of its offshore construction vessels.First, the company signed a contract with DeepOcean AS for the CSV Normand Jarstein. The contract will commence in March for the 2019 season…
Nakilat-Keppel Offshore & Marine (N-KOM) held a steel cutting ceremony for a new offshore accommodation platform under construction at the Erhama bin Jaber Al Jalahma Shipyard in Qatar.Chief Executive Officer of Nakilat, Eng. Abdullah Al Sulaiti…
Maersk Supply Service announced Wednesday it has lined up work for two anchor handling tug supply (AHTS) vessels in support of a drilling program offshore Australia.Under a contract awarded by Chevron Australia, the vessels Maersk Mariner and Maersk Master will provide towing…
Marine engineering firm Jan De Nul Group Jan De Nul Group has completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields in the West Nile Delta concessions, located in the North Alexandria region…
The International Marine Contractors Association (IMCA) announced Tuesday it has completed its existing guidance on dynamic positioning (DP) with the newly published ‘Guidance to Identify DP System Components and their Failure Modes’ (IMCA M 247)…
Royal Boskalis Westminster N.V. (Boskalis) announced Tuesday it has signed a multi-year subsea services agreement for an unnamed customer in the Middle East. The base value of the three-year contract amounts to $40 million with an option to extend…
UK-based offshore support firm Sentinel Marine has announced that it will create 80 new jobs by adding three multi-role ships to its fast-growing fleet.The Aberdeen-based firm is investing in the region of GBP36 million in the trio of new builds…
Oil production continues to be suspended at the SeaRose FPSO, about 350 kilometers east of St. John’s for the last 50 days. There’s no information on when production will resume.Production was suspended and shutdown began on November 16 after two spills - an estimated 250…
A new oil spill response device capable of cleaning up spills in arctic conditions has been launched in an effort to bolster Norway’s spill preparedness.The new device, dubbed Arctic FoxTail, is a winterized version of H. Henriksen’s standard Foxtail vertical adhesion band (VAB) skimmer…
Spanish manufacturing company Siemens Gamesa Renewable Energy has contracted Associated British Ports (ABP) to provide storage for 37 of its wind turbine blades destined for the Hornsea Project One offshore wind farm.The UK's port group said…
North Sea player Faroe Petroleum published an independent valuation of its assets by Gaffney, Cline & Associates (GCA), which is said to highlight the inadequacy of DNO ASA's GBP608 million at 152p per share takeover offer.Faroe Petroleum could…
Hague and London Oil (Halo) said that it has now formally completed its acquisition of Third Energy Offshore Limited (TEOL).The Southern North Sea-focussed company, with a diverse portfolio of offshore and onshore producing, development and…
While the late 2018 oil price swoon has put a damper on an otherwise positive year for offshore energy markets, Transocean Ltd. (NYSE: RIG) ends the year on a positive, signing a construction management contract, as well as a five-year drilling contract with Chevron USA…
Subscribe
