Gulf of Mexico focused oil company Talos Energy and European carbon capture and storage firm Storegga have formed an exclusive joint venture to source, evaluate, and develop carbon capture and storage ('CCS') project opportunities on the United States Gulf Coast and Gulf of Mexico…
Norway's Aker Solutions has delivered a steel substructure for the second phase of the giant, Equinor-operated, Johan Sverdrup oil field development, offshore Norway.After delivering three platform jackets for the first phase, another jacket delivery…
David Dickson, CEO of offshore installation and construction firm McDermott has decided to resign, the company said Monday. Dickson was CEO of the company since December 2013.Lee McIntire, an independent director on the McDermott Board of Directors…
Harvey Gulf International Marine announced that Steve Olmos has been brought on board to manage and continue to grow Harvey Gulfs Subsea Solutions installations group.Olmos leaves Oceaneering International after 40 years in which he performed various roles…
Norwegian subsea offshore service company Argeo has procured two Teledyne Gavia SeaRaptor 6,000-meter-rated autonomous underwater vehicles (AUV), Teledyne Marine Vehicles, a business of Teledyne Technologies Incorporated announced.The two SeaRaptor…
Oil jumped to a two-year high above $72 a barrel on Monday, extending this year's rally supported by recovering demand and OPEC+ supply curbs, before giving up the gains as investors took profits.Demand is rising in the United States and Europe as COVID-19 restrictions are loosened and…
Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…
Offshore helicopter operator NHV Group on Monday announced the appointment of Laurent Verhelst as Chief Financial Officer (‘CFO’). Verhelst will be a member of NHV’s Executive Committee reporting to CEO Steffen Bay. He will begin his employment in mid-June 2021…
Russian oil company Lukoil has agreed to acquire a stake in an offshore block in the Kazakh sector of the Black Sea.Lukoil's president Vagit Alekperov and Chairman of Kazakhstan's 'KazMunayGas' Alik Aidarbayev last Friday signed a sale and purchase deal for a 49…
Norwegian offshore vessel owner Island Offshore earlier this month took delivery of the platform supply vessel Island Discoverer. The vessel was completed by VARD Langsten this spring.“It is always exciting to take delivery of a new ship, and…
European Union countries on Monday approved the bloc's flagship fund to wean them off fossil fuels and protect communities most affected, paving the way for members to start receiving the cash.The 17.5 billion euro ($21.27 billion) Just Transition…
Italian oil and gas company Eni has said it has successfully drilled and tested the Maha 2 appraisal well offshore Indonesia, and will most likely tie it to the Jangkrik floating production unit.The well is located in West Ganal block offshore Kalimantan…
Two UK-based firms have been awarded an opportunity to develop and showcase their innovative robotic solutions with GE Renewable Energy and the Offshore Renewable Energy (ORE) Catapult.Eleven-I and Innvotek have both successfully applied to a robotics innovation call…
Offshore drilling company Transocean has reached a deal with Singapore-based Jurong Shipyard - a Sembcorp Marine subsidiary - to delay the delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan, originally ordered in 2014…
UK-focused oil and gas company Siccar Point Energy has made an application for consent to the Oil and Gas Authority for an environmental statement for the Cambo field development located near the UK/Faroe Island transboundary line.The Cambo…