Forum Subsea Technologies announced Tuesday it has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class remotely operated vehicles (ROV). DOF Subsea will deploy the vehicles onto three of its ROV support vessels for recently awarded projects in Brazil…
Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs ($701 million) remain frozen in Switzerland.Switzerland…
TechnipFMC said on Tuesday it has secured a contract to supply flexible pipes for oil production, gas lift and gas injection as well as associated accessories for the Lapa field, located in the pre-salt Santos Basin, under the BM-S-9A concession…
A recent industry survey suggests Norway’s offshore fleet, the world’s second-largest, may have passed the worst of the painful, post-2014 slowdown, although ship owners contemplating market moves also say financial markets may be looking away…
Development of the Finlaggan field in the UK Central North is progressing as planned and is on pace to deliver first production in the fourth quarter of 2020, operator Zennor Petroleum said in an update on Monday.The UK based company is currently…
UK-based crew transfer specialist High Speed Transfers (HST) announced that its second new high-speed crew transfer vessel HST Sofia will be contracted by Shell to support its exploration program in the Black Sea commencing March 2019.The FCS 2710 vessel…
Offshore engineering company Aquaterra Energy said it has been awarded a contract by Lundin Norway to deliver early well construction, via its Well Start solution, on three additional wells in the Edvard Grieg field offshore Norway.The project…
One of the key Russian officials to foster a supply pact with OPEC, Kirill Dmitriev, signaled on Monday Russia wanted to raise oil output when it meets with OPEC in June because of improving market conditions and falling stockpiles.Dmitriev…
Italian oil and gas industry contractor Saipem has won two new offshore drilling contracts in Norway and Middle East with a total value exceeding USD $200 million.One contract was signed with the German company Wintershall for the drilling of…
Australia's Woodside Petroleum WPL.AX has signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) to China's ENN Group for 10 years from 2025, both companies said on Friday.Woodside, Australia's biggest listed oil and gas explorer…
Gazprom Neft and Schlumberger have agreed to enter technological cooperation in well logging. “Gazprom Neft is committed to developing its scientific, intellectual, staffing and technological capabilities, supporting a collaborative ecosystem and building an inclusive innovation-focused environment…
With stabilizing oil prices and lower breakeven points, interest in the US offshore is increasing.Randall Luthi, president of National Ocean Industries Association (NOIA), said the interest extends well beyond the existing regions open for oil…
Russia's Gazprom Neft, the oil arm of gas giant Gazprom, is in talks with gas producer Novatek about possible cooperation at its offshore deposits, Gazprom Neft CEO Alexander Dyukov said on Friday.'We're holding (talks with Novatek) concerning deposits that belong to us…
High voltage engineering specialist EDS HV Group, part of the UK marine services company James Fisher and Sons, announced Friday it has secured a 15-year operations and maintenance (O&M) contract for OFTO assets at the Greater Gabbard wind farm off the coast of England…
Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo…