Oslo-listed offshore vessel operator DOF said Tuesday it had won several contracts in the UK and Norway, but did not share details on the clients and the value.These include turnkey subsea projects within Inspection, Maintenance & Repair (IMR)…
Oslo-listed offshore heavy transport and wind installation company OHT has received and accepted a firm offer for a USD 135 million Senior Secured Green ECA Credit Facility.The loan was accepted by OHT's ship owing company OHT Alfa Lift AS,…
FPSO specialist BW Offshore has awarded NOV's APL a contract to supply a large submerged turret production (STP) system for the FPSO to be deployed at Santos' Barossa gas and condensate field located offshore of Australia.The Barossa field is…
Oil major Shell has made a significant discovery at the Leopard prospect in the deepwater U.S. Gulf of Mexico, some 245 miles (394 km) south-southeast of Houston.According to Shell, the Leopard well encountered more than 600 feet (183 meters) net oil pay at multiple levels…
OMV New Zealand has awarded Australia's MMA Offshore a contract to help with the decommissioning of several wells in the Maui field, 35 kilometers off the coast of Taranaki, New Zealand.MMA’s UK-based engineering team has designed and developed…
Public Power Corp. (PPC), Greece's biggest electricity utility, is seeking to form partnerships in offshore wind, a top executive said on Tuesday, as the country works to reduce its carbon emissions.The utility wants to shut down all but one…
Blue Ocean Seismic Services (BOSS), the company developing autonomous subsea vehicles for seismic survey applications, said Tuesday it had completed sea trials navigating a test prototype version of its underwater vehicle autonomously underwater…
The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…
Offshore drilling company Dolphin Drilling has secured a Letter of Intent with Wellesley Petroleum for the drilling of an HPHT exploration well on the Norwegian Continental Shelf using the Borgland Dolphin semi-submersible drilling rig.Bjørnar Iversen…
Korea Shipbuilding & Offshore Engineering has through its subsidiary Hyundai Heavy Industries secured a ~$764,5 million order for the construction of an FPSO Hull.In a stock exchange filing on Tuesday, KSOE said it had secured a KRW 854,7 billion…
Brazilian oil company Enauta has chartered an anchor handling tug and supply vessel from Norway's Solstad Offshore.Solstad Offshore said Tuesday it had struck a deal with Enauta for the charter of the 2006-built AHTS Normand Turmalina (previously known as BOS Turmalina)…
Venezuelan state oil company PDVSA would need $58 billion in investment to revive its crude production to the levels of 1998 before ex-President Hugo Chavez came to power, equivalent to 3.4 million barrels per day (bpd), a document seen by Reuters shows…
The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum's and Advance Energy's Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021…
A Mexican judge has ordered a partial provisional suspension of new hydrocarbons legislation championed by President Andres Manuel Lopez Obrador that gave the state authority to revoke permits, a court document seen by Reuters showed on Monday…
Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…