Italian energy services group Saipem expects no major delay to projects and predicted brisker business in the last part of the year after swinging to a loss in the third quarter.'We are not out of the woods yet ... (but) the picture starts to get brighter…
Offshore drilling contractor Borr Drilling has agreed to sell its 2003-built cold stacked jack-up drilling rig 'Atla' to an unnamed independent operator.'The completion of the sale is expected in the fourth quarter 2020. Together with the previously…
Norwegian offshore vessel owner GC Rieber Shipping has won a short-term charter for its Polar Queen walk-to-work vessel.GC Rieber Shipping said Wednesday the contract for the vessel was with a 'Tier 1 client in Europe for work in an offshore wind park…
Chevron Corp will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company told Reuters on Tuesday.A collapse in crude oil prices has forced most…
Brazilian national oil company Petrobras has agreed to buy the P-71 Floating Production Storage and Offloading (FPSO) vessel and use it for the development of the Itapu field.Petrobras said that the FPSO was to be used at the Tupi field, however…
Oil and gas company Wintershall Dea has started drilling the first of what will be six development wells at its Nova field in the Norwegian part of the North Sea.The Nova field, operated by Wintershall Dea which holds a 45% stake, will be developed…
German offshore helicopter transportation company HeliService has won offshore wind-related contracts with TenneT and Deutsche Windtechnik.In a social media post on Tuesday, HeliService said that it would as of November 2020 exclusively conduct all hoist flights for Tennet in the Dutch North Sea…
The number of workers on offshore oil and gas platforms decreased by around 4,000 as the UK went into lockdown in March this year, UK's offshore oil and gas industry body OGUK said Tuesday.Per OGUK's numbers, the average number of weekly personnel on board decreased from around 11…
Consultancy the Carbon Trust on Monday launched the fourth stage of its Offshore Wind Accelerator (OWA), a collaborative research, development, and deployment program.The joint initiative was established back in 2008, between the Carbon Trust…
Offshore oil and gas services company Three60 Energy has won a contract to deliver duty holder services for oil firm DNO's two assets in the UK Continental Shelf.Three60 will, under what is the first Duty Holder contract for the company, provide…
Oil firms are expected to drill just 30 exploration wells off the coast of Norway this year, the lowest level in 14 years as companies seek to manage spending amid a pandemic, the Norwegian Petroleum Directorate (NPD) said on Tuesday.The search…
Australian oil and gas company Triangle Energy has started works to bring back online two wells at the Cliff head offshore field in the Perth Basin, Australia.The two wells, CH-6 and CH-7, were shut in June. CH-6 was shut due to a pump failure…
Norwegian oil company Aker BP has signed a deal with the recently established Aker Offshore Wind, to speed up the process of decarbonizing oil and gas assets and realizing offshore wind in Norway at large scale.Astrid Skarheim Onsum, Chief Executive Officer of Aker Offshore Wind…
U.S. Gulf of Mexico focused oil company LLOG on Monday reported 'continued successful drilling results' at its Spruance offshore discovery, as well as the finalization of development plans for the field. The Spruance discovery is located in…
Two crew of a Malaysian offshore support vessel died on Tuesday after their ship hit a [platform] operated by state oil firm Petronas off the state of Sarawak on Borneo island.The Dayang Topaz rammed into the Baram B oil platform after its anchor cable broke in bad weather…