Latest News - page 1788


Seabed Geosolutions Wins GoM Survey

Mar 27, 2019

Marine seismic surveyor Seabed Geosolutions announced Wednesday it has been awarded a 3D ocean bottom node (OBN) survey in an ultra-deepwater area of the Gulf of Mexico by an unnamed major energy company.Covering 270 square kilometers and in water depths up to 2…

Petrobras Sues Samsung Heavy Industries

Mar 27, 2019

Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy…

Lundin Announces Solveig Development Plan

Mar 27, 2019

Lundin Petroleum on Wednesday announced its plans to develop the Solveig oilfield, formerly known as Luno II, offshore Norway, with startup planned in 2021.The Solveig oil discovery in PL359, is located in the Norwegian sector of the North Sea…

Mediterranean Gas Galore, Challenges Aplenty

Mar 27, 2019

Gas resources abound in the Mediterranean but the challenges facing their monetization were highlighted at the opening plenary session of Offshore Mediterranean Conference (OMC) in Ravenna, Italy, this morning.On the one hand, gas exploration…

EDF Enters Chinese Offshore Wind Market

Mar 27, 2019

French energy company EDF has signed an agreement with the Chinese utility China Energy Investment Corporation (CEI) to jointly deliver two offshore wind power projects in China.The Dongtai IV and V offshore wind farms account for a total installed…

Telford Wins Protexa EPCI Contracts

Mar 27, 2019

International offshore services provider Telford Offshore has been awarded multiple pipelaying and construction services contracts by Mexican company Protexa, which is chartering three of its DP3 multi-purpose vessels for a combined period of approximately 400 days…

Solstad Offshore Wins Ophir Contract

Mar 27, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore ASA has been awarded a contract by Ophir Thailand (Bualuang) Limited.The contract is to perform the offshore installation of the Bualuang Charlie wellhead platform…

EMGS Bags Norwegian Barents Sea Survey

Mar 27, 2019

Norway’s Electromagnetic Geoservices (EMGS) has received a letter of intent for a fully pre-funded multi-client survey in the Norwegian Barents Sea.According to a press release, the total value of the letter of intent is approximately USD 2…

Equinor Awards 4D Seismic Gig to Shearwater

Mar 27, 2019

Shearwater GeoServices announced the award of a 4D seismic survey at the Troll Unit by Equinor AS to be conducted this summer.The company 20% owned by GC Rieber Shipping ASA said that the project adds further to Shearwater’s 4D program in the North Sea and Barents Sea this season…

MOL Norge Gets Drilling Permit

Mar 27, 2019

The Norwegian Petroleum Directorate (NPD) has granted MOL Norge, a Norwegian unit of the Hungarian oil company MOL, a drilling permit for a wildcat well in the North Sea.According to a press release from NPD, the wildcat well, designated 3/7-11 S in production licence PL 539…

C-Automation Buys Proserv Drilling Services

Mar 27, 2019

Aberdeen-headquartered controls technology company Proserv has agreed to sell its drilling services business (TIC) to pressure control systems specialist C-Automation.The divested business will now trade as C-Automation Services, said a press release…

Oil Rises 2 Percent

Mar 26, 2019

Oil rose nearly 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling exports from Venezuela and declining U.S. inventories.Despite concerns about weaker demand due to an economic slowdown…

Ecosse IP Trials Subsea Lifting Tech

Mar 26, 2019

Subsea technology developer Ecosse IP (EIP) demonstrated the capabilities of its Ambient Lifter subsea and decommissioning solution during a two-day industry showcase event held in Fraserburgh, Scotland this week.EIP welcomed representatives from across the industry…

Bergink Takes the Helm at Framo

Mar 26, 2019

Martijn Bergink has taken over as CEO of pumping systems manufacturer Framo.Former Framo CEO Sameer Kalra has officially handed Bergink responsibility for the business as Kalra becomes the new head of the Alfa Laval Marine Division and a member of the Alfa Laval Group management…

Saudi Aramco, McDermott Plan New Facility

Mar 26, 2019

Saudi Aramco on Tuesday signed a land lease agreement with McDermott Arabia Company to establish a facility for large scale fabrication of offshore platforms and onshore/offshore modules located within the King Salman International Complex for Maritime Industries in Ras Al-Khair…

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