Tenaris said it has been awarded a contract from Noble Energy for work on the offshore export pipeline for the Alen Gas Monetization Project in Equatorial Guinea.This 70-kilometer pipeline will transport natural gas from the Alen offshore platform…
Norway-based Tampnet said it has been tapped to supply 5G LTE coverage to oil and gas operations offshore Newfoundland, Canada.Following a competitive process Tampnet has been awarded a contract for building and operating a 5G LTE network on two platforms offshore Newfoundland – Hebron…
U.S. oilfield supplier National Oilwell Varco Inc is trimming its workforce, according to people familiar with the matter, as oil and gas customers have cut spending on services and equipment.The company recently began offering voluntary early retirement to eligible employees…
The West of England, a leading A-rated mutual marine insurer, has announced the appointment of a key strategic hire to support its strategy of expansion in the offshore market.Will Tobin will join the Club in July to head up its offshore business…
UK-focused Independent Oil and Gas (IOG) said it plans to spud an appraisal well in the Harvey prospect during the first week of August.The Maersk Resilient is currently due to finish its prior operations over the coming week and start re-locating to Harvey…
Spanish energy company Repsol trimmed its full-year earnings outlook on Wednesday as lower oil prices and refining margins weighed on profits, but a share buy-back and better than expected results bolstered its stock.Repsol proposed buying and cancelling 5% of its outstanding shares…
Australian offshore services company MMA Offshore said it has entered into an agreement to acquire the business of compatriot subsea services firm Neptune Marine Services by acquiring NMS's key operating subsidiaries.The purchase consideration…
Seaway 7 has won a contract from Ørsted's Optimus Wind to install the entire inner array grid cable system for the Hornsea Two offshore wind farm project in the UK sector of the North Sea.Seaway 7 parent company Subsea 7 said the contract is worth between $50 million and $150 million…
The Abu Dhabi National Oil Company (ADNOC) signed an agreement on Wednesday with Indonesia's state-owned energy company PT Pertamina for oil and gas collaboration in both countries and globally, ADNOC said in a statement.The comprehensive strategic…
Chevron has awarded OneSubsea a 20-year subsea equipment and services master contract for development projects in the Gulf of Mexico, the subsea supplier’s parent company Schlumberger announced on Tuesday.Combining this master contract with…
ACO Marine said a new wastewater treatment plant supplied to Damen Verolme Rotterdam has been installed and commissioned on the Stena operated semi-submersible Stena Don.The drilling rig’s existing wastewater treatment plant was heavily corroded and non-compliant with regulation MEPC 227(64)…
Offshore drilling contractor Pacific Drilling announced on Monday that its board has appointed James W. Harris to serve as the company's senior vice president and chief financial officer, replacing Johannes 'John' P. Boots, who is stepping step down from his position to pursue other opportunities…
Halliburton Co on Monday beat analysts' estimates for second-quarter profit as its Completions and Production unit outperformed expectations, pushing its shares up 6.8 percent in early trading.The Houston, Texas-based company is a leading provider of hydraulic fracturing services in North America…
The Netherlands based offshore contractor Heerema Marine Contractors said it has been awarded a contract to support the construction of an offshore wind farm project in Taiwan. Assigned by the Taiwan branch of Jan de Nul, Heerema will take on…
Subsea robotics firm ROVOP announced on Monday that its chairman David Lamont will assume the position of CEO with immediate effect, taking over for Steven Gray who is stepping down after eight years in the role.“I have enjoyed working with…