Malaysian oilfield services company Velesto Energy has, through its subsidiary Velesto Workover, received a letter of award from ExxonMobil for the provision of a hydraulic workover unit and services in Malaysia.The duration of the contract…
One of the first major UK industry events since the start of the Coronavirus pandemic heard Tuesday morning how, after a period of Covid-induced hibernation, the UK’s subsea sector is emerging into a new world of opportunity.Speaking at Subsea Expo in Aberdeen…
Oil major BP has started up production from its Herschel Expansion project in the Gulf of Mexico, in what is the first of four major projects scheduled to be delivered by BP globally in 2022.The first phase of the Herschel Expansion project…
Oil and gas company Neptune Energy on Tuesday announced several contract awards worth almost £3 million (around $4 million) in total to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea…
Shell has made good progress with the Tanzanian government in recent months to advance a liquefied natural gas (LNG) project to tap the East African country's huge gas resources, a Shell executive said on Monday.'We have seen some real quick…
Norway's oil and gas output in January fell from the previous month, preliminary data from the Norwegian Petroleum Directorate (NPD) showed on Tuesday.Crude oil output fell to 1.74 million barrels per day (bpd) in January from 1.85 million bpd in December…
Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for…
Norwegian offshore engineering and construction services firm Aker Solutions and the U.S.-based offshore energy industry equipment maker Dril-Quip have entered into a Collaboration Agreement to offer subsea injection systems for carbon capture…
Britain sees a 'good, solid' future for the North Sea's oil and gas industry and will issue new licenses to expand output in the future, Energy Minister Greg Hands said on Tuesday.'We need continued investment into the North Sea,' Hands told the International Energy Week online conference…
Norwegian offshore vessel owner Solstad Offshore has plans to reduce the carbon footprint of its 90 vessel fleet, and has turned to the technology company Wärtsilä for collaboration. 'The aim is to achieve a 50 percent reduction in CO2 emissions by 2030…
Marlink, a smart network solutions provider, will provide a global hybrid network solution to vessels operated by Subsea 7, a subsea installation giant in the offshore energy industry space.Marlink will provide a secure hybrid network solution to Subsea 7…
Oilfield services giant Schlumberger on Tuesday announced the GeoSphere 360 3D reservoir mapping-while-drilling service. 'The service leverages advanced cloud and digital solutions to deliver real-time 3D profiling of reservoir objects. This…
Danish offshore vessel owner Maersk Supply Service has won a contract for the mooring system installation of the Saitec Offshore DemoSATH floating wind project.“This is a significant contract for Maersk Supply Service, as floating wind is a…
U.S. offshore vessel owner Bordelon Marine announced it has promoted Trenton Pitre to director of operations.A 10+ year industry veteran, Pitre has been with Bordelon Marine for the past seven years within the Lockport, La.-based company's operations department…
Petrofac, an oilfield services giant with increasing offshore wind aspirations, has signed a memorandum of understanding with Seawind Ocean Technology, a developer of a 'unique' floating offshore wind energy system.Netherlands-based Seawind…