Inspection, maintenance and repair (IMR) subsea services provider N-Sea said it has reinforced its commitment to the Middle East with expanded its service capabilities in the region.N-Sea, which opened its regional office in Dubai in 2016, said…
Gabon plans to scrap a 35 percent corporate tax on energy companies as part of a revised hydrocarbons law and has launched a new offshore oil and gas exploration licensing round for 34 blocks, Oil Minister Pascal Ambouroue said on Wednesday…
Survey and positioning services provider iSURVEY said it has completed a 30-day geophysical seabed survey for offshore pipelay and subsea construction company Allseas.The project team set out to identify obstructions and hazardous seabed features…
Malaysia Vietnam Offshore Terminal (MVOT) confirmed that it has been awarded a $176 million contract to provide equipment for Japanese petroleum company Idemitsu Kosan to develop a gas block off southern Vietnam.The Malaysian terminal operator…
Ireland is the only country in the EU with a significant Atlantic coastline that is not currently developing offshore wind resources.Up to 1000MW of offshore wind resource in the Irish Sea is deliverable in the immediate future, with 3000MW additional potential there…
Island nation Madagascar puts 44 blocks in the Morondava Basin up for grabs, detailing exploration and exploitation periods under production sharing contracts.In the framework of the development of Madagascar's oil and gas potential, the Malagasy…
The US-based oil and natural gas acquisition, exploitation and exploration company W&T Offshore announced certain executive management changes within the Company, effective immediately.The Company announced the appointment of Janet Yang to Executive Vice President and Chief Financial Officer…
Höegh Esperanza, the Floating Storage Regasification Unit (FSRU) unit operated by Norway’s Höegh LNG Holdings, has arrived at the Tianjin LNG terminal in China and started commissioning for FSRU operations.Höegh Esperanza is currently serving…
Paul Smith has been appointed as future chief financial officer (CFO) and member of the management board of European exploration and production company Wintershall DEA, BASF and LetterOne announced on Tuesday.The appointment will take effect on closing of the merger of Wintershall and DEA…
Norwegian shipowner Golden Energy Offshore Services AS (GEOS) said on Tuesday it has secured a contract extension with Wintershall Norge AS for the large platform supply vessel (PSV) Energy Swan.The contract is in direct continuation of a charter contract from 2013…
Teledyne CARIS has released Bathy DataBASE 5.2, which introduces enhanced tools for validating and creating chart features from lidar surveys as well as new bathymetry compilation techniques.This latest version includes an updated workflow process…
Steven W. Green has been named president of Chevron North America Exploration and Production, succeeding Jeff Shellebarger, who is retiring from Chevron after 38 years of service.Green will transition from his current role as president of Chevron…
Dutch offshore services provider Jumbo said it has been awarded a contract for the transportation and installation of a 410-ton subsea production manifold for the Leviathan development off the coast of Israel.Technip, which is preparing for…
Russian oil producer Lukoil has signed a farm-out agreement with Italy's Eni on blocks 10, 12 and 14 in the Mexico's shallow waters.Lukoil will assign 40 percent in block 12 to Eni and retain the remaining 60 percent stake as operator of the project…
Norwegian drillship and rig operator Fred. Olsen Energy, proposes to sell one of its drilling units and to issue $130-140 million in new equity to pay off debt, as part of a refinancing plan published on Tuesday.The proposal includes issuing about $90 million in new loan capital…