Latest News - page 1582


Transborders Signs up MOL on FLNG Solution

Oct 07, 2019

Perth-based company Transborders Energy has entered a Joint Study Agreement (JSA) to work with Japan's Mitsui OSK Lines (MOL) to together continue the development of its Floating LNG (FLNG) Solution and to pursue its deployment on a range of stranded offshore gas resource opportunities…

Shelf Drilling Wins Multiple Contract Extensions

Oct 07, 2019

Shelf Drilling, the international shallow water offshore drilling contractor, announced that it has secured contract extensions for four of its jack-up drilling rigs.The drilling contractor  with rig operations across Middle East, Southeast Asia…

Chevron Buys Into Three Blocks in Mexico

Oct 07, 2019

U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…

Qatar Petroleum Takes Over Offshore Oilfields

Oct 07, 2019

Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement.Development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both oilfields expired on Oct…

Jersey Awards Greater Buchan Contracts

Oct 07, 2019

UK focused independent upstream oil and gas company Jersey Oil & Gas said it has awarded contracts to consultancy Rockflow and services company Petrofac to support the Greater Buchan Area (GBA) development in the North Sea.Rockflow will provide subsurface evaluation support…

Turkish Ship to Drill Off Cyprus by Tuesday

Oct 07, 2019

The Turkish drillship Yavuz will begin drilling for oil and gas southwest of Cyprus on Monday or Tuesday, Energy Minister Fatih Donmez said, in a move which has intensified tensions between the two countries.Ankara said on Thursday it had sent…

Keppel, Sembcorp Reach Deal with Embattled Brazil Firm

Oct 07, 2019

Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs.Sete, which leased oil rigs to Brazil's state oil firm Petroleo Brasileiro SA (Petrobras)…

Martin Linge, Njord Cost Estimates Climb

Oct 07, 2019

Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday.The government has also raised its estimate…

Interra Resources Spuds First Well in Kuala Pambuang Block

Oct 07, 2019

Southeast Asian independent oil and gas exploration and production player Interra Resources said has started drilling its first onshore well in the onshore/offshore Kuala Pambuang block, in southern Central Kalimantan, Indonesia, where seismic…

Neodrill Saves Costs for Siccar Point at Cambo

Oct 07, 2019

Neodrill's CAN well foundation has been proven to cut well construction time, costs and environmental impact, while also reducing risks and improve safety during conduct or running operations.

DEME Completes Installation on Hornsea1

Oct 06, 2019

Dredging, Environmental and Marine Engineering NV (DEME) offshore unit said that its  ‘Sea Challenger’ and crew completed the installation of 174 SWT-7.0 MW turbines on  Hornsea One, the world’s largest offshore wind farm.The  global solutions provider in the offshore oil…

Bauer Tests Piles for OWF in France

Oct 06, 2019

German construction and machinery manufacturing firm Bauer Spezialtiefbau has tested onshore piles at the Saint-Brieuc offshore wind project in France to gather data for the design of foundations.The engineering outfit  designed, installed and…

PGS Begins Sabah Phase 5

Oct 06, 2019

The seismic services prvider Petroleum Geo-Services (PGS) has announced a further expansion of one of the largest MultiClient 3D projects in the world. Phase five of the Sabah MultiClient project offshore Malaysia is under acquisition. First data is due Q2 2020…

OSM Appoints New Chairman amd CEO

Oct 06, 2019

OSM Maritime Group, the provider of full service solutions to the Offshore and Maritime Industry, announced that it has appointed Tommy Olofsen as the Chairman.Tommy will in his new role, in addition to his current responsibilities, be responsible for strategic development…

EMGS Increases Fleet Utilization

Oct 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said in its fleet update for the third quarter 2019 showed a fleet utilization of 73 percent,  compared with 29% for the third quarter in 2018. The marine EM market…

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