Marine seismic industry in numbers after exploration capex slash
The low oil price has led energy companies to scale back near-term investment plans significantly, and 2020 will be very challenging for the marine seismic industry. Adding COVID-19 pandemic and energy...
View ArticleNew boss to lead Equinor in next phase of energy transition
The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equinor from 2 November 2020. Equinor’s current CEO, Eldar Sætre, will retire after six years as CEO and...
View ArticleU.S. offshore rig count stands at 12 for five weeks on the trot
The U.S. offshore rig count stayed flat again, as the number of active rigs is steady at 12 for the fifth week, according to a Friday report by Baker Hughes. Baker Hughes Rig Count: U.S. -4 to 247...
View ArticleDOF Subsea nets APAC contract pair
DOF Subsea has secured two ‘significant’ contract awards in the APAC region. In Australia, Chevron has awarded DOF Subsea an IMR services contract to support its North-West Shelf and near shore subsea...
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Petrobras kicks off binding phase for Tartaruga sale
Brazilian oil company Petrobras has started the binding phase for the sale of its entire stake in the shallow water Tartaruga field, located in the Sergipe-Alagoas Basin offshore Brazil. In late June,...
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Pacific Drilling gets 10-well job in Gulf of Mexico while in talks for...
Offshore drilling contractor Pacific Drilling has been awarded a contract by Murphy Oil for ten firm wells for its drillship Pacific Sharav in the U.S. Gulf of Mexico. Pacific is also engaged in talks...
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TechnipFMC deploys two new Gemini ROVs for Shell
TechnipFMC ROV Services has recently deployed two new Gemini ROV systems for Shell, operating on contracted deepwater rigs in the Gulf of Mexico. The Gemini ROV is the latest innovation from...
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Petrobras to put Merluza platform in hibernation
Brazilian state-owned oil firm Petrobras has approved the hibernation of the Merluza platform located in the shallow-water Santos Basin offshore Brazil. Petrobras said last Friday that the Merluza...
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FPSO crew kidnapped in pirate attack in Nigeria released
Sendje Berge FPSO; Source: BW Offshore Crew members kidnapped in early July in a pirate attack on the BW Offshore-owned FPSO Sendje Berge have been released. The pirate attack happened on 2 July 2020...
View ArticlePetrofac and SOCAR JV wins BP deal in Azerbaijan
Petrofac, in a joint venture (JV) with the State Oil Company of the Republic of Azerbaijan (SOCAR), has secured a contract to provide BP Azerbaijan with international payroll and personnel support...
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Schlumberger man to take on Borr Drilling CEO role
Offshore drilling rig owner Borr Drilling has named a new chief executive officer (CEO) of the company. Patrick Schorn; Source: Schlumberger Borr Drilling said on Monday that it announced Patrick...
View ArticleSparrows becomes sole Middle East service provider for JDN
Sparrows Group, a provider of specialist equipment and integrated engineering services to the energy industry, has become the service provider for machine construction company J.D. Neuhaus Group (JDN)...
View ArticleWellesley ready to drill Norwegian Sea wildcat
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the Norwegian Sea. The well 6204/11-3 will be drilled from the Borgland Dolphin drilling...
View ArticleOrca provides dive system support and engineering services for Well-Safe...
Orca Oceanic Systems Ltd (OOS) has secured a contract with Well-Safe Solutions for the provision of dive system support and engineering services onboard the Well-Safe Guardian semi-submersible...
View ArticlePetrofac sets net-zero and diversity targets
Oilfield services provider Petrofac has made a commitment to reach net-zero in Scope 1 and 2 emissions by 2030. The company has also set diversity targets. Petrofac said on Tuesday that the...
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Stena drillship arrives on ExxonMobil’s well location in Guyana
Stena Carron, a Stena Drilling-owned drillship, has arrived on location at the Kaieteur Block, offshore Guyana, to drill the Tanager-1 well for ExxonMobil. The Kaieteur Block map; Source: ExxonMobil...
View ArticleSaudi Aramco to boost output regardless of huge profit drop
Chief executive officer (CEO) of Saudi Arabian oil and gas giant Saudi Aramco has stated that the company would be pressing ahead with its plan to boost output capacity regardless of massive profit...
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Petronas Research joins FASTsubsea’s subsea pump development
FASTsubsea and Petronas’ subsidiary Petronas Research signed a Joint Industry Project contract to develop and test a low-cost, topside-less subsea multiphase pump. FASTsubsea is a joint venture...
View ArticleSolstad scores vessel hat-trick in Australia
Norwegian offshore vessel owner Solstad Offshore has been awarded contracts for three vessels in Australia. Solstad on Tuesday confirmed that the AHTS Normand Saracen, AHTS Far Senator, and dual fuel...
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Awilco exploring options to finance rig order at Keppel
Offshore drilling contractor Awilco Drilling is looking into ways to finance its remaining commitments for a newbuild rig ordered at Keppel keeping in mind that there is also an option to delay the...
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