Gulf Marine Services PLC (GMS), a UAE-bases supplier of offshore jack-up service units, has won a seven-month contract for one of its E-Class (large) vessels, and an extension for a smaller unit.Under the 7-month contract which also includes extension options…
Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said on Wednesday.The Paris-based IEA said this…
Renewables developer European Energy A/S has received the approval of its environmental impact assessments (EIA) for two of its offshore wind projects, Omø South and Jammerland Bay in Denmark. European Energy started developing the projects back in 2012 through the so-called open door procedure…
Siemens will give 55% of its power business to shareholders when it spins it off in September, the German engineering group said on Tuesday, the latest stage in its shift away from a sprawling conglomerate.The trains to industrial software maker…
Tim Harris was preparing to relocate for an assignment with energy services firm Halliburton Co for the fifth time in 15 years when his career came to a halt.A third-generation employee, Harris rose through the ranks at the top shale-oil services provider to oversee oilfield crews…
Oil prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks up as coronavirus lockdowns ease.Brent crude futures were up 1.4%, or 48 cents, at $36.01 a barrel by 1210 GMT…
UK’s renewable and low carbon energy exhibition and conference All-Energy and the co-located Dcarbonise 2020, are now scheduled to take place on Wednesday 4 - Thursday 5 November at the Scottish Event Campus (SEC) in Glasgow. The events were originally scheduled for 13-14 May 2020…
Gas produced from the offshore platforms in the UK North Sea is less carbon-intensive than LNG imported in the UK, the UK oil and gas regulator OGA said Tuesday.According to the OGA analysis, the production of natural gas from the UK Continental…
The energy industry has been known for stringent safety practices, excellent employee benefits and perks, a global network, innovation and a proactive approach to anti-bribery and corruption, but the intense media and public scrutiny it faces today is unprecedented…
Italian provider of oilfield and renewable energy services Saipem has signed a two-year frame agreement with Norway's Equinor covering offshore engineering services worldwide.Per Saipem's statement on Tuesday, The frame agreement covers feasibility and conceptual studies…
Allseas' giant Pioneering Spirit offshore construction and decommissioning vessel last week provided a stage for what is believed to be the Netherlands’ first drone to vessel delivery.Mobilizing in Rotterdam’s Alexiahaven for upcoming platform removal projects…
Conrad Petroleum, the operator of the Duyung offshore block in Indonesia containing the Mako gas field, has said that an independent resource audit has shown that Mako is one of the largest gas fields ever discovered in West Natuna Basin.Following the drilling campaign completed in late 2019…
Tekmar Group, a UK-based offshore services provider, has announced the involvement of its operating companies; Ryder Geotechnical, Agiletek Engineering, Tekmar Energy, and Pipeshield International in the Coastal Virginia Offshore Wind Project (CVOW) on the East Coast of the US…
Bahamas Petroleum Company (BPC) has signed an offshore drilling rig contract with Stena Drilling. BPC will use the drilling rig to drill its Perseverance #1 prospect offshore The Bahamas.As previously reported, Bahamas has postponed the Perseverance…
Russian oil company Lukoil has completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels, Lukoil said Monday.The facility…