Following a conditional letter of the award signed with the French oil giant Total last November for the supply of two offshore drilling rigs in Suriname, Danish offshore drilling firm Maersk Drilling said Monday Total has firmed up the contracts…
China's refineries posted record throughput in 2020, processing 3% more crude oil than a year ago, as they took advantage of low prices and healthy margins on a quick rebound in domestic fuel demand from the coronavirus pandemic.Annual throughput stood at 674…
Exxon Mobil Corp said on Friday that its latest exploration well in the prolific Stabroek block off Guyana's coast did not find oil in its target area, the second setback to its drilling campaign in recent months.Exxon, which operates the Stabroek…
German shipping group Harren & Partner has added the jack-up vessel Wind Lift I to its fleet, and has this week announced the launch of Bremen-based SAL Renewables, a provider of offshore wind installation services.'Born as a sister company to the renowned heavy lift shipping company SAL Heavy Lift…
Norwegian offshore vessel operator Eidesvik Offshore has won a long term charter with wind turbine maker Siemens Gamesa Renewable Energy for its Service Operation Vessel Acergy Viking. The contract will start in direct continuation of the current…
Dutch crane specialist Huisman has signed a letter of intent with China's Yantai CIMC Raffles Offshore for the delivery of a 2,600mt Leg Encircling Crane (LEC) for OIM Wind’s BT-220IU offshore wind installation unit.OIM Wind last year signed an EPC contract with CIMC for the construction of 1 + 1…
French oil major Total has decided not to renew its membership with the U.S. oil and gas industry association American Petroleum Institute (API), over the differing climate positions, as well as over API's support for candidates who oppose Paris Agreement…
SAP SE and DNV GL have teamed up to deliver a new industry cloud solution, Corrosion Under Insulation (CUI) Manager, designed to tackle a major problem facing the integrity of oil and gas plants. CUI is seen as one of the largest maintenance…
New York-listed offshore vessel owner SEACOR Marine has completed the previously announced sale of its offshore crew transfer subsidiary Windcat Workboats to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat is headquartered in Lowestoft…
Norway's Endúr Industrier AS, an offshore fabrication subsidiary of marine infrastructure group Endúr, on Friday notified Stavanger district court about its decision to initiate a bankruptcy petition for the company, citing a dire market situation…
Lamprell, a company traditionally known as oil and gas rig builder, has this week announced a reorganization of its business aimed at increasing focus on renewables and the energy transition. Based in the UAE, the company has in recent years increased its uptake of renewables sector orders…
Israel's energy minister held a video conference call with his counterparts in the United Arab Emirates, Morocco, Sudan, and Bahrain for the first time on Thursday, according to a statement from his office.The Israeli minister, Yuval Steinitz…
Two people died Thursday in an incident aboard BW Offshore's FPSO Espoir Ivoirien, offshore the Ivory Coast, the FPSO owner has informed.'At 13:30 local time today, an incident occurred whilst work was being performed in a cargo tank onboard…
Oil company Dana Petroleum has terminated a contract for the use of a Maersk Drilling rig in Denmark.The one-well contract was initially expected to start in May 2020.However, the two companies then in October 2020 said the contract start-up for the yet to be nominated rig would be deferred…
Update: Petrofac's statement included below the original articleFormer senior Petrofac Ltd executive David Lufkin pleaded guilty at Westminster Magistrates' Court on Thursday to three further bribery offenses in relation to oil deals in United Arab Emirates (UAE)…