Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them…
Italian multinational corporation Prysmian Group has secured a €200m contract to provide export cables for the 800MW Vineyard Wind project off the coast of Massachusetts in the US.Vineyard Windis a US offshore wind development company 50% owned…
Belgium-based offshore helicopter operator NHV Group has joined HeliOffshore, a global organization safety-focused association for the offshore helicopter industry.Through collaboration with members, HeliOffshore is delivering an industry-wide safety program that is enhancing safety worldwide…
Offshore helicopter services provider Bristow Group filed for chapter 11 bankruptcy protection after reaching a deal with senior bondholders on a plan to slash its debt load.The struggling Houston-based helicopter operator for offshore oil and…
Royal Dutch Shell announced it will sell its stake in the deepwater Caesar Tonga field in the US Gulf of Mexico for $965 million in cash to a subsidiary of Israel's energy conglomerate Delek Group.Company unit Shell Offshore will sell its 22…
