Norwegian offshore vessel operator Eidesvik Offshore has nominated a new chairman of the board after its current chairman Kolbein Rege said he would resign at the next shareholders' meeting.'After nearly 27 years of service, the Chairman of the Board…
ConocoPhillips reported first-quarter profit that beat Wall Street expectations on Tuesday as vaccines-led return of travel demand and a winter storm that swept parts of the United States in February boosted prices for oil and gas.Higher crude…
Norway-based Neodrill, a company offering its Conductor Anchor Node technology for the offshore oil and gas industry, has signed a frame agreement with oil and gas operator Lundin Energy for the deployment of its CAN-ductor technology on Lundin's Norwegian offshore oil fields…
Barcelona-based floating wind technology developer X1 Wind is gearing up to deploy its PivotBuoy floating wind technology in the Canary Islands after completing the assembly and load-out of a fully functional prototype. The aim of the tech is…
Lebanon and Israel resumed U.S.-mediated talks on Tuesday over a dispute about their Mediterranean Sea border that has held up hydrocarbon exploration in the potentially gas-rich area, an official Lebanese source said.The longtime foes held…
State-run oil producer Saudi Aramco beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit and maintained its dividend payout, helped by strong oil prices.Earnings by global energy companies such as Exxon Mobil have climbed on the back of rising crude prices…
The European Commission on Tuesday approved 400 million euros ($480.12 million) Danish state aid supporting the production of electricity from renewable sources, according to a statement.'This Danish scheme will contribute to substantial reductions in greenhouse emissions…
Norway-based oil company Vår Energi has awarded a three-year inspection services contract to a strategic partnership between DNV and Vinde Tilkomstteknikk. The contract will cover inspection services to the oil and gas operator’s full portfolio of assets on the Norwegian Continental Shelf…
Indian offshore drilling contractor Aban Offshore has suspended operations at one of its jack-up rigs citing Covid-19 outbreak.In a brief announcement on Monday, Aban Offshore said: 'We hereby inform you that one of our rigs 'Aban IV ' has suspended operations owing to outbreak of COVID-19…
The Shell Robert Training and Conference Center in Louisiana has established a new partnership with Maersk Training, to deliver 'enhanced ' training to the Gulf of Mexico offshore workforce.The agreement will combine the infrastructure and training…
Ocean Infinity, marine robotics and offshore survey company, has acquired Portugal-based software engineering specialists, Abyssal.Abyssal develops and implements proprietary software solutions for the offshore industry aimed at improving the safety and efficiency of subsea operations…
Neptune Energy has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West offshore discovery in the UK Southern North Sea, in a move that will see the discovery developed as a tie-back to the Cygnus offshore platform.Pegasus…
Malaysian oil and gas industry services provider T7 Global has through its subsidiary, Tanjung Offshore received a work order award from Petronas Carigali for the provision of plug and abandonment integrated services for Pulai A field, offshore Malaysia…
A jack-up rig owned by Malaysian drilling contractor Velesto tilted and submerged at a location offshore Sarawak, Malaysia on Tuesday, the rig owner said.'The Board of Directors of Velesto Energy Berhad [...] regrets to inform that an incident involving one of our rigs…
Gulf Marine Services (GMS), a company providing self-propelled jack-up support vessels serving the offshore oil, gas, and renewables industries, has won a 9-month contract for a K-Class jack-up unit in the MENA region.The UAE-based company said…