Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras.Petrobras has hired Benthic to carry out geotechnical…
Norway-based seismic surveyor Shearwater GeoServices has won its first-ever contract in Vietnam.Under the contract signed with operator SK Innovation, Shearwater will be responsible for a towed streamer 3D acquisition over the offshore Block 16-2…
Oil and gas investment in Norway, Western Europe's top producer, will rise more this year and decline less in 2021 than predicted a few months ago, an industry survey by the statistics office (SSB) showed on Thursday.Petroleum companies, including Equinor…
Germany's largest power producer RWE plans to spend part of its 7 billion euro ($8.4 billion) war chest on growing its 24.7 gigawatt pipeline of renewables projects, its CFO said, just weeks after BP announced a major low-carbon push.'A pipeline needs to be worked on constantly…
Danish drilling company Maersk Drilling has won more work for its low-emission, harsh-environment jack-up drilling rig Maersk Integrator.The Norwegian oil company Aker BP has awarded the rig an additional one-well contract, to drill the Ula F – Producer 1 well at the Ula field…
Belgium-based offshore installation services company Deme Offshore will deliver and install subsea cables for the giant Dogger Bank offshore wind farm, off the North East coast of EnglandUnder a contract which Deme Offshore described as 'substantial'…
Brazilian oil company Petrobras has awarded oilfield services provider TechnipFMC a subsea engineering, procurement, construction and installation (EPCI) scope as part Mero 2 oil field development project offshore Brazil.The Mero 2 project, sanctioned in June 2019…
Valaris, the world's largest offshore drilling contractor by fleet size, filed for bankruptcy on Wednesday, in a move to restructure its debt load and reduce debt by more than $6.5 billion.The company has been hit by the combined effects of the global COVID-19 pandemic…
No threats can deter Turkey from seeking natural resources in the eastern Mediterranean, President Tayyip Erdogan said on Wednesday, adding that Ankara expects actors in the region to take steps to de-escalate tensions.Greece and Cyprus are…
Offshore drilling contractor COSL has signed a drilling rig contract with oil company Chrysaor, following a letter of intent signed more than a month ago.The contract is for the COSLInnovator semi-submersible drilling rig to be used for drilling of two wells in Norway next year…
Offshore gangways, motion-compensated at that, used for crew and equipment transfers from vessels to offshore oil and gas and wind installations have been around for a while.While the motion-compensation technology keeps a gangway steady for…
China's national offshore oil and gas producer CNOOC Ltd said first-half profit slumped by nearly two-thirds to the lowest since December 2017, as the coronavirus pandemic battered energy demand and sent oil prices to historical lows.The listed…
Offshore wind consultancy firm OWC, part of AqualisBraemar, will be providing engineering support for Mayflower Wind's offshore wind farm development in the U.S.In December 2018, Mayflower Wind, the 50/50 joint venture between Shell and EDP Renewables…
Dutch offshore gangway provider Ampelmann has won a three-year contract with Brunei Shell Petroleum to provide two L-type gangway systems for offshore crew change operations.According to the motion-compensated gangways provider, seven years ago in 2013…
Turan Drilling & Engineering, a Caspian region focused joint venture between KCA Deutag and SOCAR AQS Company, has employed 71 new workers to support the newly awarded contract by BP.Following a $500 million contract award last year, Turan Drilling…
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