Film-Ocean, a UK-based ROV services provider has expanded its fleet by adding another Quasar 150HP Workclass ROV system. 'This significant investment is part of Film-Ocean's fleet expansion strategy, which has seen four ROV systems added to the fleet over the past 12 months…
In what has been described as 'the greatest climate project in Norwegian industry ever' the Norwegian government on Monday submitted a white paper to parliament, proposing to launch a $2,7 billion carbon capture and storage (CCS) project in Norway…
Chinese national oil company CNOOC has produced the first oil from the Liuhua 16-2 oilfield / 20-2 oilfield joint development project.Liuhua 16-2 oilfield / 20-2 oilfield joint development project is located in the eastern South China Sea. The…
The premiers of Germany's eastern states have passed a resolution in support of the Nord Stream 2 pipeline from Russia to Germany, daily Bild reported on Friday.The pipeline has been questioned by the German government following the poisoning of Kremlin critic Alexei Navalny…
UK-based offshore crew transfer specialist Seacat Services has ordered two multi-hull crew transfer vessels (CTVs) from naval architects, BAR Technologies, designed in partnership with Chartwell Marine.The first vessel, to be built in the UK…
Oil major BP has terminated the contract for Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig that was due to end in April 2022, the drilling contractor said Monday. Under the contract terms, BP will pay Odfjell Drilling an…
Royal Dutch Shell Plc halted some oil production and began evacuating workers from a U.S. Gulf of Mexico platform, the company said on Saturday, as a new tropical storm flared.Beta, the 23rd named storm of the Atlantic hurricane season, formed…
The United States and Guyana will begin joint maritime patrols aimed at drug interdiction near the South American country’s disputed border with crisis-stricken Venezuela, the U.S. secretary of state and Guyana’s new president said on Friday…
Approximately 11,000 employees of Brazilian state-run oil company Petrobras have accepted buyout packages and will leave the firm this year or next, Chief Executive Roberto Castello Branco said during an online event on Thursday.That number…
Italian oilfield services company Saipem has terminated the charter party for Solstad Offshore's Normand Maximus offshore construction vessel four years early.Norwegian offshore vessel owner Solstad said Friday that Normand Maximus Operations Ltd…
Malaysia's state energy firm Petronas on Thursday paid over $700 million in sales tax to the energy-rich state of Sarawak, in a settlement that could open the way to more such payments to state governments.The payment comes just two weeks after…
Inpex Corp said on Friday it expects to shed jobs at its Ichthys liquefied natural gas (LNG) project in Australia due to the slump in oil prices, but did not say how many would go.The cuts by Japan's biggest oil and gas company mark the latest…
Danish offshore drilling company Maersk Drilling has set a target to cut the intensity of CO2 emissions from its drilling operations by 50% by 2030. Jørn Madsen, CEO of the company which leased drilling rigs to oil companies said:'Climate change…
A fire broke out earlier this week on a fast rescue craft aboard the Siem Diamond offshore support vessel in the Atlantic Ocean, east of St. John's Canada.According to the C-NLOPB, the offshore oil and gas safety body for the Newfoundland and Labrador area…
Oil and gas company Wellesley has failed to find hydrocarbons at its 6204/11-3 exploration well in the North Sea, offshore Norway.Wellesley, as the operator of the production license 829, drilled the wildcat well 6204/11-3 (also known as the Schweinsteiger prospect)…