Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…
Private investment fund Remus Horizons which last week launched a conditional takeover offer for the Australian oil company FAR, eyeing its stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development, is now backing out from the FAR pursuit…
Qatari shipping and offshore services company Milaha and oilfield services giant Schlumberger held a virtual event to mark the start of operations of the first Qatari-owned offshore well stimulation vessel Halul-48, Milaha said Monday.The collaboration…
Oilfield services group Hunting Plc said on Wednesday its first-quarter earnings were in line with expectations despite a hit to the company's Texas facilities in February when the U.S. state faced severe cold weather.The company said it recorded…
Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.The contract is expected to start in December 2021, in direct continuation from the rig's current scope for Aker BP…
April 20, 2021, marks the eleventh anniversary of the biggest ever oil industry disaster in the U.S. Gulf of Mexico, in which 11 people died after the Transocean semi-submersible drilling rig Deepwater Horizon exploded and sank at BP's Macondo well location…
TMC Compressors (TMC), an Oslo-based company supplying offshore and marine compressors, has appointed Christian Ness as the company’s new CEO.Christian Ness succeeds Per Kjellin as part of a planned generational change. Kjellin will continue…
Masirah Oil Limited said Tuesday that gross oil production in March 2021 from its Yumna Field in offshore Block 50 Oman, amounted to 12,672 stock tank barrels per day (stb/d).On March 17, 2021, Masirah Oil Limited announced the completion of the upgrade to the Yumna Field process facilities…
Norway's Solstad Offshore has signed a contract with TAQA Bratani Limited for the platform supply vessel Sea Flyer.The vessel will be used to support TAQA’s UK North Sea assets for a firm period of two years. The contract is expected to begin in July 2021…
As it continues to grow its track record of contributions to Scotland’s renewables mission, the offshore wind sector is currently making all the right headlines.Amid the positive news, however, anyone with knowledge of sustainable business success…
Norwegian oil company Equinor said Monday that its safety statistics for the first quarter of 2021 indicated fewer serious incidents and personal injuries in Equinor compared to the same period last year, but said the number of incidents was still 'too high…
Danish offshore drilling contractor Maersk Drilling has won a contract with Karoon Energy Ltd for the semi-submersible rig Maersk Developer to perform well intervention on four wells at the Baúna field offshore Brazil.Karoon took over Bauna from Petrobras in November 2020…
Ocean bottom node seismic data acquisition specialist Magseis Fairfield has applied and been approved as a partner in the Centre for Geophysical Forecasting (CGF).The CGF is one of The Research Council of Norway’s funded centers that is hosted…
Oil companies Azinam and Panoro Energy have completed their previously announced acquisitions of stakes in Block 2B offshore South Africa, e containing the A-J1 oil discovery from 1988, from Africa Energy Corp.Azinam has taken 50 percent and will become the operator…
Denmark-based Maersk Decom said Tuesday it has designed a free cost calculating tool for benchmarking decommissioning projects in the North Sea.'Maersk Decom’s cost calculator is the first free tool in the industry, enabling stakeholders to…