Norwegian offshore vessel owner DOF has secured contract extensions and new contracts for three of its vessels in Brazil with Petrobras. The deals are worth more than USD 253 million.The contracts, awarded to DOF Brazilian subsidiaries, Norskan Offshore Ltda…
A U.S. energy regulator on Friday gave Berkshire Hathaway Inc, the company controlled by billionaire Warren Buffett, permission to buy up to 50% of oil company Occidental Petroleum Corp's OXY.N common stock.Occidental's share price soared 9…
Norway's crude oil output in July lagged the official forecast, while gas output exceeded expectations, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Monday. Crude oil output rose to 1.65 million barrels per day (bpd) in July from 1…
DNO ASA, the Norwegian oil and gas operator with operations in Kurdistan and the North Sea, is now expanding to West Africa with the agreed acquisition of offshore fields in Ivory Coast. DNO said Monday that RAK Petroleum plc would transfer its ownership of Mondoil Enterprises LLC to DNO…
Norwegian offshore vessel owner Siem Offshore has secured a contract extension for one of its AHTS vessels in Canada.The extension is related to the Ice Class AHTS vessel 'Avalon Sea,' covering a firm duration of 18 months upon completion of the current term…
The U.S. Department of the Interior announced next steps to bring offshore wind energy to the Gulf of Maine. The Bureau of Ocean Energy Management (BOEM) has made available a Request for Interest (RFI) and Request for Competitive Interest (RFCI) in the Federal Register for public comment…
Norwegian offshore survey services firm Electromagnetic Geoservices (EMGS) has been selected as the acquisition provider for the NTNU ATLAB consortium. The consortium was formed to study geophysical imaging of geological processes and has received funding from the Norwegian Petroleum Directorate…
A U.S. appeals court on Wednesday vacated a lower court's decision to block the Biden administration's pause on new oil and gas leasing on federal land and waters - a key piece of the president's climate change strategy - and sent the case back to that court for further proceedings…
Singapore-based offshore energy services provider PACC Offshore Services Holdings (“POSH”) has agreed to buy the 119-meter long, DP-3 offshore construction vessel ‘BOA Deep C’ from Norway's BOA OCV AS. The vessel will be renamed ‘POSH Deep C’ and will join the POSH fleet in October 2022…
UK-based subsea rental equipment and solutions firm Ashtead Technology has signed a rental agreement with Norway-based RTS, a provider of electronic engineering equipment for the underwater industry.Under the deal, Ashtead Technology will have access to the RTS-owned equipment fleet…
Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…
Dutch dredging and marine services firm Boskalis on Thursday slightly raised its 2022 profit outlook after a half-year earnings beat, as the West seeks to replace Russian gas with other energy sources.The group, which offers marine services…
Norwegian ocean bottom node seismic services firm Magseis Fairfield has confirmed a firm contract for a 4D Ocean Bottom Node project in South East Asia.The confirmation comes after the company, on July 25, said it had received a conditional award with a repeat client for this project…
Stillstrom, an offshore charging company recently launched by Maersk Supply Service, said Thursday it would collaborate with Port of Aberdeen on a project aimed at cutting emissions from vessels on standby outside the port.Stillstrom and Port…
Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil…