Norwegian offshore vessel owner Siem Offshore said Monday it had signed a contract with an undisclosed client for operations in South East Asia for the Siem Barracuda offshore subsea construction vessel (OSCV), and an extension for OSCV Siem Stingray…
Ocean Power Technologies has appointed Robert P. (Bob) Powers as Senior Vice President and Chief Financial Officer, effective December 13, 2021.Powers brings more than 25 years of experience in finance and strategy to OPT, most recently as CFO of Constellation Advisors…
Offshore drilling company Seadrill Limited has secured a contract for the West Jupiter drillship with Brazil's Petrobras for work in the Búzios field offshore Brazil. The contract is for a firm term of 1,040 days with the start-up slated for December 2022…
On the day that shareholders of Royal Dutch Shell PLC voted to move the company's headquarters to London from The Hague, the company sent a letter to the Dutch prime minister to soften the blow.Signed by Shell CEO Ben van Beurden, the letter…
Vaalco Energy has started its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well spud.Vaalco said Monday it had recently deployed a Borr Drilling jack-up rig at the Etame platform and started activities on the Etame 8H-ST development…
Australian oil and gas firm Carnarvon Energy expects to spud its Buffalo-10 well in the Timor Sea in late December and not in mid-December as previously expected.The company said Monday that the Valaris JU-107 jack-up drilling rig was 'still on its current operations…
UK-based subsea equipment rental and solutions specialist Ashtead Technology said Monday it had strengthened its rental fleet with 'a significant investment' in iXblue subsea navigation systems.The investment includes the addition of further…
Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for delivering economic benefits to residents from deepwater oil and gas discoveries helping turn the South American nation into an oil powerhouse.A coming onshore…
Norwegian seismic data firm PGS has said it has secured awarded a 3D exploration contract in West Africa.A Ramform Titan-class vessel is scheduled to start the survey work in early February 2022 and will complete it in mid-March. 'We are very pleased with this contract award…
Qatari national oil and gas company QatarEnergy has agreed to buy working interests in two offshore exploration blocks on the Egyptian side of the Red Sea from Shell. QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4.Block…
Oil and gas company Energean, working to develop the Karish gas field offshore Israel, has signed an EPC contract with process engineering business Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO, which is currently under construction in Singapore…
Norwegian subsea services company Reach Subsea said Monday it had secured a contract in the U.S. Gulf of Mexico for end of 2021 and 2022 execution, representing about 230 project days.The project, with an unnamed client, involves the support…
Norwegian oil company Aker BP on Monday said it had awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner (around $49 million).The contracts, awarded to Aker Solutions, ABB…
The conviction of Ziad Akle, a former Unaoil executive jailed last year for bribery, has been quashed and the UK Serious Fraud Office (SFO) was accused of a 'serious failure' in a damning judgment by London's Court of Appeal.Senior judges refused an SFO request for a retrial for the 46-year-old…
CoastWise Offshore Services' crew transfer vessel was christened Friday at Next Generation Shipyards in Lauwersoog, the Netherlands.The vessel, named 'COS Master' will be operated by CoastWise Offshore Services for the transport of personnel and material to and from…
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