Oilfield services giant Weatherford has entered a collaboration agreement with the automated well technology specialist with Safe Influx.The two companies say the collaboration would focus on revolutionizing well integrity during the construction…
Lundin Energy, a Swedish oil and gas company with operations in Norway, has hired the Norwegian engineering and construction giant Aker Solutions to help it electrify its Edvard Grieg offshore oil platform in the North Sea.Under the contract…
The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a global warming limit target, a report by leading energy consultancy Wood Mackenzie said on Wednesday…
Oslo-listed offshore vessel operator Solstad Offshore has won vessel charter extensions with Norwegian oil firms Equinor and Aker BP.Solstad, which said the two firms were its key clients, said that Equinor had extended the contract for anchor handling vessel Normand Ferking for another year…
Royal Dutch Shell PLC is looking to sell its 45% stake in the Malampaya gas-to-power project in the Philippines, a key power source for the country's main island of Luzon, its local unit said on Thursday.'As part of an ongoing portfolio rationalization…
Dutch shipbuilder Royal Niestern Sander has ordered Schottel thrusters for what has been described as the world's first shallow-draught ice-breaking walk-to-work vessel, targeted for operation at the Russian Far East.Under the order from a joint…
Offshore drilling company Dolphin Drilling has appointed Ronny Bjørnådal (48) as a Non-Executive Director of its Board of Directors.Bjørnådal was previously Managing Director and Head of Global Maritime Loans in Nordea, the largest financial institution in the Nordics…
A fire at an Oil and Natural Gas Corp (ONGC) plant caused by a pipeline rupture has cut gas supplies to customers including power and fertiliser companies, said a person familiar with the matter at gas marketing firm GAIL (India) Ltd.The fire…
A pipeline inspection solution combining subsea drones and the use of visual markers - barcodes - on the pipelines themselves could drive down the costs of subsea pipeline inspections.The solutions is being developed by tubular solutions firm Vallourec…
Norwegian oil and gas company Aker BP has extended the charter with Eidesvik Offshore's LNG-powered platform supply vessel Viking Lady.The extension for the 92,2-meter ship built in 2009, will take effect upon the expiration of the current four-month contract that started earlier this month…
Struggling oil and gas producer Premier Oil has begun talks with BP to lower for the second time a $210 million deal to acquire stakes in two North Sea oilfields, sources told Reuters on Wednesday.Premier is seeking to reduce the cash payment…
Global mobile satellite communications provider Inmarsat plans to extend its Fleet LTE coverage for offshore service vessels to the Gulf of Mexico.Inmarsat said that the decision to expand in the Gulf of Mexico followed successful trials with V…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil rigs, preventing a strike that could eventually have halted the exploration for new oil and gas reserves, the unions, and companies said in separate statements on Thursday…
Australian oil and gas giant Woodside has hired Oslo-listed offshore vessel operator DOF Subsea to support its flowline installation work offshore W. Australia.DOF Subsea said Thursday the contract was for the transportation and installation…
Offshore drilling contractor Seadrill said Thursday its Brazilian subsidiary had been served with a search and seizure warrant in relation to a bribery investigation.'Seadrill Limited confirms that today its subsidiary Seadrill Serviços de Petroleo…