Vår Energi announced it has awarded a rig contract to Seadrill to secure the West Phoenix drilling rig for work on the Balder Future redevelopment project in the Norwegian sector of the North Sea. The contract, which is subject to authority approval of the $2…
French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial…
ExxonMobil made a deepwater oil discovery at the Mako-1 well offshore Guyana, the US supermajor announced on Monday, just days after reporting first oil from the nearby Liza field on Friday.The 15th discovery on the Stabroek Block, the new find…
Royal IHC, the supplier of equipment, vessels and services for the offshore and dredging markets, has signed a contract with China’s Shanghai Zhenhua Heavy Industries Co (ZPMC) to support the installation and commissioning of the J-Lay system on ZPMC’s multipurpose vessel JSD6000 in Changxing…
Subsea 7, the subsea engineering, construction and services company serving the offshore energy industry, announced the award of a sizeable SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico…
Offshore wind developer Orsted has secured funding for a demonstration project using offshore wind power to produce renewable hydrogen to power.Seven industrial partners have been awarded funding for a demonstration project in Denmark using…
Danish manufacturer Vestas Wind Systems has developed a customized solution for a 50 MW intertidal project in Bạc Liêu Province, Vietnam for the local EPC construction company Bac Phuong JSC, using onshore wind technologies to harvest wind resources from the sea…
Tekmar Energy, the developer and manufacturer of sub-sea cable protection systems for the renewable energy industry, announced that international marine contractor Van Oord has selected the patented Tekmar Cable Protection System (CPS) TekLink Mechanical Latch for Windpark Fryslân…
Norwegian oil and gas company Equinor has exercised three new wells for Odfjell Drilling’s semisubmersible Deepsea Atlantic.Furthermore, two additional wells are pending final approval by Equinor and its licensees.The wells have been exercised…
Norwegian offshore service and supply ship shipping company Solstad Offshore has signed contracts for several of its vessels with various clients.Technip FMC have extended the present frame agreement with Solstad for ploughing/trenching duties in the North Sea with 1 year…
TGS-NOPEC Geophysical Company ASA (TGS) and PetroData, are to undertake Nigeria's first regional multi-client Multibeam and Seafloor Sampling (MB&SS) Study.The geoscience data company that provides the global energy industry solutions said the study will cover an area of approximately 80…
ExxonMobil announced Friday it has begun oil production from the deepwater Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons.Production from the first phase of the Liza field, located in the 6…
U.S. energy firms added the most oil rigs this week since February 2018 - primarily in the Permian shale - even though producers have been reducing spending on new drilling for much of this year.Companies added 18 oil rigs in the week to Dec…
The oil regulator for the Atlantic Canadian province of Newfoundland and Labrador has ordered a production shutdown by Suncor Energy's offshore Terra Nova site, finding the company was not compliant with required inspections and repairs.Terra Nova…
Commercial oil production started earlier this month from Layang field on Block SK10 offshore Sarawak, Malaysia, operator JX Nippon Oil & Gas Exploration Corporation announced this week.Layang, which has been producing natural gas since May 2017…