Canadian offshore survey firm Ocean Floor Geophysics (OFG) and its Norwegian counterpart Electromagnetic Geoservices ASA (EMGS) have signed a cooperation agreement.Under the agreement, the two offshore surveyors have agreed to work together…
The world's two largest oil exporters, Russia and Saudi Arabia, are in talks on how to support volatile oil markets, the Kremlin said on Monday as rising coronavirus infections worldwide curb fuel demand.An OPEC+ ministerial monitoring committee…
Greece has received three initial bids for a contract to develop and run an underground gas storage facility in the northern Aegean Sea, the country's privatization agency said on Monday.The agency (HRADF), which manages the concession, said…
U.S. subsea services firm Harvey Gulf Subsea Solutions has selected Oceaneering for ROV and support services onboard its four Jones act compliant offshore vessels. Oceaneering will provide eight Millennium Plus ROV systems, personnel, and accompanying…
TDI-Brooks International, in partnership with the French environmental firm Créocéan and Benthic Solutions, has completed an Environmental Baseline Studies (EBS) for the oil major Total offshore the Ivory Coast.The survey was conducted over offshore blocks CI-705 and CI-706…
Oil company Equinor, with partners Shell and Total, will grant open access to data from the 31/5-7 Eos offshore well drilled earlier this year as part of the Northern Lights carbon capture and storage project.The Northern Lights is a project sanctioned in May 2020…
U.S. offshore support vessel company Harvey Gulf International has ordered Wärtsilä's energy storage system for four of its platform supply vessels.The order comes just after Harvey said in September it had completed an upgrade of its platform supply vessel Harvey Energy…
Halliburton Co posted its fourth-straight quarterly loss on Monday, as the world's second-largest oilfield services provider struggles with a plunge in demand and lower oil prices.Even though oil prices have recouped some of their losses from the historic lows of March and April…
Dutch offshore installation contractor Heerema Marine Contractors has installed two jackets for wind farm developer Ørsted. The jackets will provide the foundation for the Hornsea 2 offshore wind farm’s RCS and OSS platforms.Heerema used its…
Turkey has raised the estimated reserves in a gas field off its Black Sea coast to 405 billion cubic meters after finding an additional 85 billion cubic meters, President Tayyip Erdogan said on Saturday.Erdogan said in August the field contained 320 billion cubic meters of gas…
Jack-up rig drilling contractor Shelf Drilling has said it has received a suspension notice for one of its jack-up rigs.The Oslo-listed driller said Monday that a customer had sent it a suspension notice for the Main Pass I jack-up drilling unit…
Oilfield services firm TechnipFMC has said it has won a 'significant' engineering, procurement, construction, and installation contract by Equinor in the Norwegian part of the North Sea.The contract is for the pipelay work at the Breidablikk development…
The Philippines energy secretary said on Friday the government's decision to lift a six-year-old moratorium on oil and gas exploration in the South China Sea was a unilateral move, as China said it hoped the nations could work together on projects…
The U.S. offshore oil and gas regulator BOEM said Thursday it would offer longer terms for the Gulf of Mexico oil and gas exploration blocks in certain depths, in its region-wide offshore lease sale slated for November. The sale will include…
Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's slump in oil demand and prices due to the COVID-19 pandemic cut demand for its services.The company kicked off earnings from hard-hit U…