Latest News

 

Sinoocean Inks Spare Parts and Service Deal with Ulstein

Jan 24, 2022

Chinese state-owned offshore vessel owner Sinoocean Offshore Assets Management Limited has signed a deal with Ulstein Electrical Technology (UET) for the supply of spare parts and after-market services to Sinoocean’s fleetSinoocean holds a fleet of 58 rigs…

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

Jan 24, 2022

Kuwait Foreign Petroleum Exploration Company (“KUFPEC”) said Sunday that its subsidiary KUFPEC Indonesia had made a commercial discovery of gas and condensate in the Anambas Block, offshore Indonesia.  KUFPEC Indonesia made the discovery through the drilling of the Anambas-2X well…

SailPlan Helps Harvey Gulf Cut Offshore Vessel Emissions

Jan 24, 2022

U.S. offshore vessel operator Harvey Gulf International Marine has signed an agreement with SailPlan, the maritime cleantech company that reduces ship emissions, to add SailPlan to its fleet.SailPlan is an emissions monitoring and optimization platform that combines the real-time engine…

Ex-NYSERDA Principal Engineer Joins Floating Wind Specialist Hexicon

Jan 24, 2022

Hexicon, a Swedish twin floating wind turbine technology company, is working to expand its presence and pipeline in North America with the appointment of Adrienne Downey as Principal Engineer and Country Manager for the US and Canada, on February 1st…

Halliburton Doubles Quarterly Profit, Raises Dividend as Oil Rebounds

Jan 24, 2022

Halliburton Co's fourth-quarter adjusted profit doubled from a year earlier, it said on Monday, beating analysts' forecasts and prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices…

Enauta Buys FPSO OSX-2 for Deployment at Atlanta Field

Jan 24, 2022

Brazilian oil company Enauta has agreed to buy FPSO OSX-2 for the Definitive System (DS) of the Atlanta oil field in the Santos Basin, offshore Brazil.The completion of the acquisition is contingent on compliance with the agreed contractual…

VIDEO: Drones with Active Thermography Trialed for Wind Turbine Blade Inspection

Jan 24, 2022

UK-based Offshore Renewable Energy Catapult (ORE Catapult) said Monday that drone technology combined with active thermography has recently been tested at its Blythe site,, and that it offers faster, cheaper, and more in-depth inspection of wind turbine blades and aeroplane wings…

Heerema Marine Contractors to Remove Four Petrogas' North Sea Oil Platforms

Jan 24, 2022

Petrogas E&P Netherlands, a part of Petrogas E&P LLC, based in Muscat, Oman), has awarded Heerema Marine Contractors a contract to decommission multiple North Sea oil platforms.The contract is for the removal of the Haven, Hoorn, Helm, and Helder…

INPEX Books HAKURYU-5 Semi-submersible Drilling Rig for Japan Offshore Drilling Project

Jan 24, 2022

Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…

Wärtsilä to Supply Methanol-fueled Engines for Van Oord's Offshore Wind Installation Vessel

Jan 24, 2022

Five Wärtsilä 32 engines capable of operating with methanol will power a new Offshore Wind Installation Vessel (WIV) being built for Dutch contracting company Van Oord at Yantai CIMC Raffles shipyard in China, in what is the first such order for the Finland-based marine engine and equipment maker…

Blue Petra Orders Fast Crew Boat from Strategic Marine

Jan 24, 2022

Strategic Marine, a Singapore-based shipbuilder, has received an order for the construction of a 40-meter Fast Crew Boat from Blue Petra Sdn Bhd, a subsidiary of Great Ocean Supply & Services, based in Malaysia.Great Ocean is a licensed Petronas…

Schlumberger Expects 'Supercycle' as Demand Lifts Profit above Forecast

Jan 24, 2022

Schlumberger beat expectations with a rise in fourth-quarter profit on Friday as higher crude and natural gas prices drove demand for the world's largest oilfield services company.Oil prices surged about 50% last year and are trading at seven…

Vår Energi to List on Oslo Børs

Jan 24, 2022

Eni and HitecVision-backed Point Resources Holding, owning respectively of 69.85% and 30.15% of the Norwegian oil and gas company Vår Energi AS, said Monday they planned to launch an initial public offering for Vår Energi and for the company to apply for a listing on Oslo Børs (the “IPO”)…

Carnarvon Energy Timor Sea Well Result 'Disappointing and Hugely Surprising'

Jan 24, 2022

Australian oil and gas company Carnarvon Energy said Monday its closely watched Buffalo-10 well in Timor Sea had failed to unearth commercial volumes of oil.The company said that the wireline logging operations have been completed with the oil column deemed to be residual and uncommercial…

BW Offshore Sells BW Joko Tole FPSO

Jan 24, 2022

Oslo-listed FPSO owner BW Offshore has agreed to sell the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in consortium with PT Buana Lintas Lautan Tbk, a company publicly listed in Indonesia…

Current News

Sinoocean Inks Spare Parts and Service Deal with Ulstein

Sinoocean Inks Spare Parts and Service Deal with Ulstein

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

Kuwait's KUFPEC Makes First Operated Offshore Discovery in Indonesia

SailPlan Helps Harvey Gulf Cut Offshore Vessel Emissions

SailPlan Helps Harvey Gulf Cut Offshore Vessel Emissions

Ex-NYSERDA Principal Engineer Joins Floating Wind Specialist Hexicon

Ex-NYSERDA Principal Engineer Joins Floating Wind Specialist Hexicon

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