Italian engineering firm Remazel Engineering has won a contract with Bluewater for work on the Jotun FPSO upgrade.The Jotun FPSO which has been producing oil from the Jotun field in Norway's part of the North Sea since 1999, was recently moved by ashore for upgrades…
Offshore oil and gas company Spirit Energy has drilled a dry well in the North Sea offshore Norway.The Norwegian Petroleum Directorate said Wednesday that Spirit Energy Norway, as the operator of production license 780, was in the process of…
U.S. President Donald Trump on Tuesday signed into law a rare bipartisan bill that will use royalties from offshore oil and gas drilling operations to fund long-overdue maintenance of public lands, national parks, and Native American schools…
Norwegian offshore vessel owner Havila Shipping has secured contract extensions for two of its platform supply vessels.Havila said that Total DK, a Danish subsidiary of the French oil major Total, had extended the contracts for the Havila Fanø and HavilaHerøy vessels…
Mexico's oil regulator said on Tuesday the country's total proven oil reserves as of Jan. 1 stood at 8.062 billion barrels of oil equivalent (boe), up 2.1% from a year earlier.Oil reserves as of the beginning of 2019 totaled 7.897 billion boe…
U.S. offshore oil and gas producer Fieldwood Energy said Tuesday it had filed for chapter 11 bankruptcy to restructure the company.The company filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court for the Southern District of Texas…
Norwegian seismic data provider TGS on Friday announced a return to Argentina to complete the previously announced 17,800 square kilometer Malvinas 3D Multi-Client survey. The acquisition is set to restart in Q4 2020 on what TGS said was a 'highly- funded survey…
The German Federal Ministry of Economic Affairs and Energy has sent a funding confirmation to partners working on the WESTKÜSTE 100 green hydrogen project.The WESTKÜSTE 100 project, which will produce green hydrogen via electricity generated by offshore wind turbines…
CIMC Raffles-managed offshore accommodation rig OOS Tiradentes will soon resume work for Petrobras in Brazil, after a hiatus due to COVID-19 pandemic.CIMC Raffles asset operation management center which manages the semi-sub accommodation rig…
NEO Energy, a North Sea-focused oil and gas company has hired Fraser Well Management (FWM) to operate the Victoria well, a shut-in gas condensate well located off the Lincolnshire coast in the southern North Sea.FWM, the well engineering and project management specialist…
ST Engineering Halter Marine and Offshore has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship and upgraded its Ballast Water Treatment System.The Ocean BlackLion drillship arrived in ST Engineering…
Italian shipbuilding firm Fincantieri, and its compatriot energy services company Saipem have signed an agreement to promote the development of deep-seabed mining (DSM), i.e. the sustainable exploitation of deep-sea floors over 3,000 meters in depth…
BP cut its dividend for the first time in a decade after a record $6.7 billion second quarter loss when the coronavirus crisis hammered fuel demand and it sought to win over investors by speeding up its reinvention as a lower carbon company…
Australian offshore oil and gas safety regulator NOPSEMA has accepted Shell's offshore project proposal for the development of the Crux gas field in the Browse Basin, off the north coast of Western Australia.Consisting of a normally unmanned platform and five production wells…
Dutch offshore services provider Fugro said Tuesday it had delivered 'the first fully remote inspection of an oil and gas platform in UK waters.'The operation took place 250 km east of Scotland, using a remotely operated vehicle (ROV) and Fugro’s remote operations center (ROC) in Aberdeen…
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