Cyprus based marine seismic player SeaBird Exploration said it has been awarded a contract to acquire 2D seismic data for an international oil and gas company in the Americas region.The survey is due to commence during the second quarter of 2019 and is estimated to run for approximately two months…
Norwegian based Odfjell Drilling has taken delivery of a a new semi-submersible drilling rig from South Korean builder Samsung Heavy Industries.The sixth generation dynamically positioned Deepsea Nordkapp is an enhanced Moss Maritime CS-60 design…
Oil and gas investment in Norway is expected to grow for a second year in a row in 2019 but will fall back between 2020 and 2023, an industry lobby group said on Monday.Western Europe's largest oil producer has seen a recovery in oil industry activity thanks to higher crude prices…
Forum Subsea Technologies' recently launched XLe Spirit is the first observation-class electric remotely operated vehicle (ROV) to utilize Forum’s Integrated Control Engine (ICE) to bring greater functionality commonly only found in larger work-class vehicles…
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…
Asia Pacific upstream oil and gas development and production company has announced the completion of works required to resume production from the Montara oil field. This restart follows an extensive maintenance and inspection shut down. 'Work…
Singapore-based upstream oil and gas company KrisEnergy has shut-in its producing Wassana oilfield off Thailand due to tropical storm Pabuk that entered the Gulf of Thailand.Southeast Asian company said in a press note that as a safety precaution due to Tropical Storm Pabuk…
Atkins, a member of the SNC-Lavalin Group, has been appointed to deliver the Front End Engineering Design (FEED) and Detailed Design of wind turbine jacket substructures for St Brieuc Offshore Windfarm, located off the coast of Northern France…
Italian oil and gas company Eni has agreed to acquire a 70% stake in the Oooguruk oil field located offshore Alaska from Caelus Natural Resources Alaska for an undisclosed price.With Eni already holding 30% working interest in the oilfield, the Italian energy major’s operating stake in the same…
London-based oil and gas exploration and production company Ophir Energy said that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery…
BW Offshore announced Firday it has secured another one-year extension for the lease and operation of the floating production storage and offloading vessel (FPSO) Polvo in the Campos basin offshore Brazil.The agreement signed with PetroRio extends the firm period from Q3 2019 to Q3 2020…
The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months…
Depending on who you ask, Roberto Castello Branco, the new chief executive of Brazil's Petroleo Brasileiro SA, will either save the indebted oil major - or strip it to the bone.Tapped by far-right President Jair Bolsonaro, who took power on Tuesday…
Norwegian oil company DNO has achieved another slight increase to its stake in Faroe Petroleum, it said on Friday as it continues its battle for control of the British business.DNO's combined ownership and bid acceptances now stands at 43.8 percent…
India will start auctioning for 14 oil and gas blocks in its second exploration licensing round on Monday, giving freedom to the companies to carve out areas they want to drill.The blocks together hold undiscovered reserves of about 14,995 million tonnes of oil equivalent…