DOF bags $110 million worth of new contracts with Petrobras
Norwegian vessel operator DOF Subsea has been awarded four new contracts worth around $110 million with Petrobras in Brazil. The contracts include work within DOF’s core service lines for Survey and...
View ArticleOdfjell Drilling acquiring stake in Norwegian floating wind developer
Odfjell Drilling is investing in Oceanwind AS with an aim to acquire a stake that would ensure a controlling position in the Norway-based floating wind company. According to the Norwegian offshore...
View ArticleMalaysian firm to take full control of North Sea operator
Malaysia’s DNeX has entered into a head of agreement (HOA) with Ping Petroleum to make an offer to acquire the remaining equity interest in Ping not currently owned by DNeX. Ping Petroleum is an...
View ArticleTotal, Mozambique ink LNG project security deal
Total said it has signed an agreement with the government of Mozambique regarding the security of Mozambique LNG project activities. The memorandum of understanding signed by Total E&P Mozambique...
View ArticleIOG to award North Sea rig contract in coming weeks
Independent Oil and Gas (IOG) expects to award a contract for a drilling rig for its Core Project located in the Southern North Sea (SNS) soon. In an update on Thursday, IOG said that the award of a...
View ArticleFormer Schlumberger boss joins McDermott board
U.S. engineering and offshore construction services firm McDermott has informed that Andrew F. Gould, former Chairman and CEO of Schlumberger, has joined its board of directors. Andrew F. Gould;...
View ArticleTotal taps Shearwater for survey over Mauritania blocks
Shearwater GeoServices has received an award for a large towed streamer 3D acquisition and fast track processing project by Total in Mauritania. Total was awarded two new deepwater exploration and...
View ArticleTotal spuds highly anticipated South African well
French oil major Total has started drilling the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda discovery in February 2019. The well is...
View ArticleBIS fines Nordic with $31M for unlawful use of U.S. survey equipment in...
US Bureau of Industry and Security (BIS) acting under secretary Cordell Hull has issued a final order imposing a $31,4 million penalty on Singapore based Nordic Maritime and its chairman, Morten...
View ArticleGulf of Mexico operators returning to assets evacuated due to Hurricane Laura
Oil and gas operators in the U.S. Gulf of Mexico are slowly returning to their offshore facilities following an evacuation due to Hurricane Laura. The U.S. Bureau of Safety and Environmental...
View ArticleEquinor in first-ever drone transport to offshore field
Norwegian oil and gas company Equinor has completed a logistics operation with a drone to an offshore installation in the North Sea offshore Norway. Equinor said in a statement on Friday that a drone...
View ArticleBorr Drilling sees early signs of recovery despite 2Q loss
Offshore drilling contractor Borr Drilling booked a loss in the second quarter of the year as its revenues dropped due to several planned contract completions, but the driller still sees early signs...
View ArticleU.S. offshore rig count stays at 13 for another week
The U.S. offshore rig count has not changed for the second week in a row, according to a Friday report by Baker Hughes. Baker Hughes Rig Count: U.S. 0 at 254 rigs U.S. Rig Count is unchanged from last...
View ArticleNear 70 per cent of U.S. GoM oil output offline in wake of Hurricane Laura
Even though Hurricane Laura has moved from the Gulf of Mexico onto the mainland, almost 70 per cent of U.S. oil production remains shut-in. The U.S. Bureau of Safety and Environmental Enforcement...
View ArticleDana Petroleum picks new chief executive officer
Aberdeen-headquartered oil and gas company Dana Petroleum has appointed a new chief executive officer (CEO) of the company. Dana Petroleum, a North Sea-focused subsidiary of South Korea’s Korea...
View ArticleBoskalis Subsea Services wraps up Perenco UK contract in North Sea
Boskalis Subsea Services has completed a multi-million-pound contract awarded by Perenco UK to support a pipeline project in the UK’s Southern North Sea basin. One of the firm’s dive support vessels...
View ArticleMaersk Drilling gets long-term extension for jack-up with Shell in Brunei
Offshore drilling company Maersk Drilling has secured a 20-month extension for the Maersk Convincer jack-up rig with Brunei Shell Petroleum Company. Maersk Drilling said on Monday that Shell’s Brunei...
View ArticleNeptune Energy to keep Deepsea Yantai rig until late 2021
Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible offshore drilling rig until late 2021. The Deepsea Yantai rig – formerly known as the Beacon...
View ArticleSubsea 7 wins offshore Trinidad and Tobago
Oslo-listed Subsea 7 said it has secured a ‘sizeable’ contract from an undisclosed client for work offshore Trinidad and Tobago. The contract scope covers the project management, engineering,...
View ArticleOMV Petrom enters Total’s Black Sea block
OMV Petrom has completed the acquisition of 100 per cent of the shares in OMV Offshore Bulgaria GmbH from OMV Exploration & Production GmbH and entered the Han-Asparuh exploration block in the...
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