North Sea oil and gas operator Taqa has asked 54 offshore workers to self-isolate for precaution after, during shared helicopter flights, they got into contact with seven Brae platforms workers who later tested positive for Covid 19.In a statement sent to Offshore Engineer…
Saudi oil giant Saudi Aramco plans to achieve the ABS ENVIRO notation for its 23-strong fleet of offshore support vessels, tugs, self-elevating units, and special purpose vessels.The notation identifies the level of compliance with international…
Top oilfield services provider Schlumberger NV on Friday posted its third straight quarterly loss as this year's slump in oil demand and prices due to the COVID-19 pandemic cut demand for its services.The company kicked off earnings from hard-hit U…
Marine seismic survey company Polarcus has said it has won a 3D seismic data acquisition project offshore West Africa.The Oslo-listed company said that under the letter of award, awarded to it by an unnamed client, the survey will take two months to complete…
Top global oil traders Vitol, Trafigura and Gunvor said on Thursday they saw slow oil demand recovery because of a second coronavirus wave with oil prices rising to or above $50 per barrel only by October next year.Benchmark Brent crude futures traded down 1…
Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. The troubled Prelude…
Energy data and intelligence company Westwood Global Energy Group (Westwood) has appointed David Linden to the newly-created role of Head of Energy Transition. Based in London, Linden joins from Wood Mackenzie, where he was a Director within the company’s energy transition consulting division…
Since the outbreak of the coronavirus pandemic, some countries have announced significant spending pledges to support a green recovery. Germany leads the way with a €40 billion (£36 billion) commitment to climate-related spending. The UK government’s plans…
Subsea services group Acteon has recently interviewed Laura Wood, Business Development Manager at UTEC, an Acteon company, on the subject of gender diversity in the male-dominated energy industry, and the role of women in S.T.E.M ( Science, Technology…
The recent downgrade of Hurricane Energy's Lancaster field recoverable reserves estimates has led Norwegian energy intelligence Rystad Energy to revise its expectations for the UKCS overall and say that the basin might never again hit output…
The European Union's latest strategy to defuse tensions with Turkey is unraveling, two weeks after it was sealed, raising the risk of conflict in the Eastern Mediterranean, diplomats, officials and experts said.Despite an EU summit deal in the early hours of Oct…
Offshore drilling contractor Transocean has won a contract extension for its Dhirubhai Deepwater KG1 drillship in India.On Wednesday, Transocean said that its client Reliance had exercised a contract extension option that should see the ultra…
The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC Secretary General Mohammad Barkindo said on Thursday, adding that oil demand has been recovering slower than expected…
Maersk Supply Service has said it has won a contract in Nigeria for one of its offshore vessels.The Danish offshore vessel owner said the contract was for the support of a mooring line replacement project on a floating asset. It did not say who the client was…
Kidnappings rose by 40% in the Gulf of Guinea in the first nine months of this year, and the region off West Africa's coast now accounts for 95% of global maritime kidnappings, the International Maritime Bureau (IMB) said on Wednesday.Eighty seafarers were taken in the Gulf of Guinea…
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