Danish offshore vessel owner Maersk Supply Service has won a contract for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames in the UK North Sea, by Fairfield Betula Limited.Maersk Supply Service will remove four 30”…
The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt in Angola, Africa's second-largest oil producer.The consequences could be grave for a poor country that relies…
Confidence had returned to global exploration with improved performance and the emergence of several new multi-billion barrel plays. The confidence carried over into 2020 but has evaporated in the face of the Covid-19 crisis and the collapse in oil prices…
HitecVision's NEO Energy company has renegotiated the terms of the acquisition of Total's UK North Sea assets, first announced in July 2019.The original agreement stipulated that Petrogas NEO, a joint venture between Petrogas, the exploration…
Jersey Oil & Gas has completed the acquisition of operatorship and a 70% working interest from Equinor in the UK North Sea license containing the Verbier discovery in the UK from Equinor.The consideration for the acquisition consists of two…
Hornbeck Offshore Services has filed for chapter 11 to implement a prepackaged reorganization plan, according to a court filing in the U.S. Bankruptcy Court in Houston.The U.S.-based offshore vessel owner with more than $1 billion in long-term…
Heerema Marine Contractors' giant semi-submersible crane vessel Sleipnir has completed its first offshore decommissioning project.The vessel, which has been around for almost a year, has so far mostly conducted installation works, such as the…
U.S. oil industry group the American Petroleum Institute (API) has appointed Lem Smith as Vice President of Upstream Policy. Also, API said that former U.S. Coast Guard Captain Russell Holmes has been named Director of the Center for Offshore Safety (COS)…
Denmark and Vietnam are working on finding ways to further boost Vietnam's offshore wind development, which according to the Danish Energy Agency, has a potential of 160 GW offshore wind. As part of the effort, the Danish Energy Agency and the…
Swedish wind farm development company Vattenfall has hired Norwegian Geotechnical Institute (NGI) to provide monitoring services for the Kriegers Flak offshore wind farm being built in the Baltic Sea, offshore Denmark.NGI will provide design…
Southeast Asia-focused oil company KrisEnergy has appointed Joanne Ang, currently the Group’s interim Chief Financial Officer (“CFO”), as a permanent CFO.“The Board has reviewed and considered the qualifications, relevant experience and past performance of Ms…
Oil and gas company Rockhopper, with a share in the Sea Lion project off the Falkland Islands, has announced a set of cost-cutting measures which include headcount reductions, and directors' salary reduction.The company said Tuesday that due…
French oil major Total has agreed with Odfjell Drilling to keep the Deepsea Stavanger offshore drilling rig idle for a while due to the COVID-19 situation.Odfjell Drilling's semi-submersible drilling unit has a contract with Total to drill this year in South Africa…
Spanish oil company Repsol has been given a green light to use the Maersk Inspirer jack-up rig at the Yme field, in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, to connection, completion, and…
Longitude Engineering, an LOC Group company, has said it has provided concept and basic design services, as well as construction specification for yard engagement and procurement activities, for a new DP2 cable lay ship for Woen Jinn Harbor Engineering (Woen Jinn)…