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McDermott books Heerema for Saudi project

Heerema Marine Contractors has secured a contract with McDermott to transport and install six jackets for Saudi Aramco’s Marjan project. The post McDermott books Heerema for Saudi project appeared...

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UK court rules in favour of oil & gas regulator but ‘the fight goes on’ for...

The UK regulator welcomes the court ruling, while environmentalists suffer a setback, sparking renewed determination to continue fighting. The post UK court rules in favour of oil & gas regulator...

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Petrobras begins hunt for High-Pressure Separation technology developer

Petrobras, the operator of the Libra consortium, has started contracting suppliers for the design, […] The post Petrobras begins hunt for High-Pressure Separation technology developer appeared first on...

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Bumi Armada agrees to sell three ice-class vessels to Russian player

Malaysia's Bumi Armada has arranged to sell its stake in four subsidiaries holding three ice-class vessels to Russia's Lukoil. The post Bumi Armada agrees to sell three ice-class vessels to Russian...

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Nexstep contracts Oceaneering for first-ever joint well decom campaign

Six oil and gas operators in The Netherlands have signed an agreement with Oceaneering Services in the first joint campaign to decommission mud line suspension (MLS) wells in the Dutch North Sea, which...

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TotalEnergies withdrawing from Myanmar amid ‘worsening situation’

TotalEnergies has decided to withdraw from its operations in Myanmar following a military coup in the country in February 2021. The post TotalEnergies withdrawing from Myanmar amid ‘worsening...

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Highest utilisation rate for Prosafe fleet since 2015

In 2021, Prosafe saw its vessel utilisation more than double when compared to the previous year and reach the highest rate since 2015. The post Highest utilisation rate for Prosafe fleet since 2015...

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Neptune extends SeaMar vessel charter for IRM services

Offshore vessel operator SeaMar has secured a contract extension with Neptune Energy Netherlands for the diving support vessel (DSV) SeaMar Splendid. The post Neptune extends SeaMar vessel charter for...

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Oilfield services players close the year on a positive note

Two giant oilfield services players - Baker Hughes & Schlumberger - closed the year 2021 on a positive note. The post Oilfield services players close the year on a positive note appeared first on...

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Upstream M&A deals hit three-year high in 2021 – Rystad

Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 bln, Rystad Energy's says. The post Upstream M&A deals hit three-year high in 2021 –...

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In focus: Emission-reduction initiatives ramping up across offshore energy...

The COVID-19 pandemic may have transformed the way we live and work; however, the offshore energy sector seems to find its way through these challenges. A flashback to the week behind us reveals that...

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Harvey Gulf upgrading fleet with ‘groundbreaking’ solution to cut emissions

Harvey Gulf has inked a deal with SailPlan to optimise its fleet with the latter’s emission optimisation platform to reduce emissions. The post Harvey Gulf upgrading fleet with ‘groundbreaking’...

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Disappointing results for Carnarvon in Buffalo well

Carnarvon Energy is disappointed following results from its Buffalo-1- well drilled offshore Timor-Leste, which will now be abandoned. The post Disappointing results for Carnarvon in Buffalo well...

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BW Offshore gets rid of FPSO to transition to floating energy investments

BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments. The post BW Offshore gets rid of FPSO to transition to...

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Vår Energi launching Oslo IPO to maximise growth

Vår Energi is launching a process for an IPO and listing of shares on Oslo Børs in a bid to optimise value creation, seeking future growth. The post Vår Energi launching Oslo IPO to maximise growth...

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Shell ditches Royal Dutch from its name

Shell has officially changed its name to Shell plc, after deciding to simplify its share structure and remove the Royal designation. The post Shell ditches Royal Dutch from its name appeared first on...

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KUFPEC makes its first operated offshore discovery

KUFPEC has revealed its first operated offshore gas discovery, following a successful drilling campaign in the Anambas Block, off Indonesia. The post KUFPEC makes its first operated offshore discovery...

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Six-year extension for ‘largest deepwater FPSO in Malaysia’

MISC Berhad announced that the MDFT had recently entered into an agreement with PTTEP to extend a charter contract for an FPSO off Sabah. The post Six-year extension for ‘largest deepwater FPSO in...

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Inpex secures rig for drilling off Japan

Japan Drilling Co. has been awarded a contract by compatriot Inpex Corporation for the provision of a semi-submersible drilling rig. The post Inpex secures rig for drilling off Japan appeared first on...

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Enauta moves to buy FPSO for Brazilian field

Enauta has entered into an agreement for the purchase of an FPSO for the Definitive System of the Atlanta field located offshore Brazil. The post Enauta moves to buy FPSO for Brazilian field appeared...

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