Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand.Valaris said Monday that the oil and gas company Mubadala Petroleum had extended the jack-up rig charter by around 240 days…
BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change.BP, which plans to sharply…
Offshore drilling contractor Diamond Offshore Drilling, said Monday that Bernie G. Wolford Jr. has been named the company's President and Chief Executive Officer and will also serve on the Board of Directors. Wolford succeeds Marc Edwards, who retired from the Company as Chairman…
Brazilian oil company Petrobras has ordered an FPSO from Singapore's Keppel Shipyard, in what will be the seventh FPSO unit installed in the Búzios field, in the Santos Basin.The FPSO, to be named P-78, will have a processing capacity of 180 thousand barrels of oil per day and 7…
Swedish Alfa Laval has struck a deal to acquire weather intelligence and decision support services provider StormGeo.Alfa Lava, specializing in heat transfer, centrifugal separation, and fluid handling, said the acquisition would accelerate…
Solstad Offshore's subsidiary Farstad Supply has sold its platform supply vessel Far Splendour.According to Solstad, the 74 meters-long vessel was delivered to the new owner on Monday, May 10, 2021.'The sale of the vessel will result in an immaterial accounting effect for Q2-2021…
Malaysian oil and gas giant Petronas has dismissed reports of the company's involvement in talks with Hong Kong-based offshore wind company Ocean Wind International Industrial Limited as false.'Petronas refers to news reports that have emerged…
UK-based offshore decommissioning association Decom North Sea has appointed John Allan, Decommissioning Director at oil company EnQuest, to its Board of Directors.'John’s current role at EnQuest was preceded by 15 years with CNRI. With the majority…
Total E&P Denmark has awarded Bilfinger a €40 million (~$48,6 million) contract for inspection services on the offshore assets in Denmark.Starting in July 2021, the contract will run for five years with 2x1-year extension options and will cover all of Total's assets offshore Denmark…
Oilfield services firm Archer has signed an agreement to acquire Norwegian offshore well intervention company DeepWell for NOK 177 million (21,57 million) on a debt and cash free basisDeepWell provides wireline and downhole services to oil companies on the Norwegian Continental Shelf (NCS)…
Norwegian ocean bottom node seismic services firm Axxis Geo Solutions has agreed to sell its Neptune Naiad seismic research vessel to Sanco.Axxis has agreed to sell the vessel following a May 3 decision by the District Court of Asker and Bærum to confirm the reconstruction proposal…
Tullow Oil's $1.8 billion bond, which was launched to help it manage a $2.4 billion debt pile, drew more interest from investors than expected after the Africa-focused producer's financial overhaul, the chief executive said on Friday.Rahul Dhir…
Oil major Shell has this week sent an environmental impact statement for the development of its Jackdaw field in the North Sea to the UK Government.The Jackdaw is an ultra-high pressure/high-temperature gas condensate field in the Central North Sea…
Norwegian offshore vessel operator Island Offshore, mostly known for its offshore vessel services in the Norwegian oil and gas industry, has recently won a walk-to-work contract with Vattenfall in the offshore wind sector in Germany.Island Offshore…
Polish gas transmission system firm Gaz-System said Thursday that preparations were underway for the pipelaying work to begin on the Baltic Pipe project, designed to ship gas through a Baltic Sea pipeline from the Norwegian part of the North Sea to Denmark and Poland…
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