Thousands of Halifax Shipyard shipbuilders, along with the ship’s company, joined Government of Canada and Royal Canadian Navy representatives to celebrate Madame Sophie Grégoire Trudeau, the ship’s sponsor, to officially name Canada’s lead Arctic and Offshore Patrol Ship…
Jack-up rig specialist Shelf Drilling announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni for operations in the Adriatic Sea offshore Italy.The contract includes a one-year option period, and the planned commencement window is from May to July 2019…
U.S. operator Talos Energy informed that the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH) has approved the appraisal plan for the Zama discovery.The approval of the appraisal plan by the CNH is a key approval required to commence the appraisal of the Zama discovery…
Libra Consortium operator Petrobras has concluded the extended well test (EWT) in the Mero field, located in the block of Libra, in Santos Basin’s pre-salt layer.Launched in November 2017, production was carried out by FPSO Pioneiro de Libra…
Neptune Energy has appointed Odin Estensen as Managing Director of its Norwegian business, based in Stavanger.Estensen joins Neptune Energy from A/S Norske Shell, where he is currently the Norway Operated Asset Manager.With more than 28 years’ experience in the oil and gas sector…
Aker Solutions said it has secured an order from Petrobras to provide a subsea production system and related services for the Mero 1 project, the first full production project within the major Mero field development, one of the largest oil discoveries in Brazil's pre-salt area…
Brazil's state-controlled oil company Petroleo Brasileiro said on Friday it prepaid a 2 billion real ($516.13 million) loan due in 2020 from Banco do Brasil, and opened a new credit line for the same amount with the same bank due in 2025.The…
Houston-based oilfield services company and seismic data specialist SAExploration announced receipt of a letter of award for a new marine project in South Asia for a major National Oil Company valued at approximately $100 million.The project…
Norwegian contractor Borr Drilling has made the decision to activate speculatively four more newbuild jack-ups as it sees rising demand for such high-specification units.'This decision is made on the back of Borr’s previously announced success…
The top global experts have been lauding India’s 30 GW offshore wind industry target by 2030 in a session titled ‘A Leap Into Offshore’ was held in India on 3rd October, 2018 and moderated by Steve Sawyer, Secretary General, Global Wind Energy Council (GWEC)…
The government of Cyprus has invited companies to bid on a new energy exploration zone off the coast of Cyprus, said a report in Kathimerini News.The country decided to only permit energy companies already part of the Cypriot Exclusive Economic Zone to bid on the project…
Norway's GC Rieber Shipping has entered a time charter agreement with an unnamed customer for its offshore construction vessel Polar Queen.The offshore operator said in a press release: 'GC Rieber Shipping has entered into a time charter agreement…
Equinor has, together with partners ENI and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume potential of 50-70 million recoverable barrels of oil. The discovery more than doubles the remaining…
The Russian gas giant of Gazprom and the Austrian OMV company signed a Memorandum on Strategic Cooperation.The document, signed by Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV…
Vroon Group has completed the sale of MPI Offshore to Van Oord. Van Oord has acquired the MPI office organisation in Stokesley (UK), the vessels MPI Adventure and MPI Resolution, and associated crew.According to a press release, a total of hundred people…