Premier Oil Plc said on Tuesday it was in talks with private-equity backed oil producer Chrysaor and several other parties on alternative deals to secure long-term debt refinancing.Premier announced on Aug. 20 that it was seeking a total of $530 million in fresh equity…
Norwegian offshore oil and gas engineering and construction firm Aibel will provide a field engineering, concept optimization, and definition study for Equinor's unmanned process platform at the Krafla field in the North Sea off Norway, under a contract announced Tuesday…
The North Sea-focused oil company Ithaca Energy has signed a 5-year Integrated Services Contract with oilfield services provider Petrofac.Under the contract, Petrofac will provide engineering, construction, maintenance, and offshore manning…
Norwegian offshore services provider Aker Solutions has been awarded a three-year extension to an existing framework agreement for work at North Sea fields operated by U.S. oil firm ConocoPhillips.Aker Solutions will remain ConocoPhillips'…
Spanish energy company Iberdrola has via its French subsidiary Ailes Marines awarded a contract for the construction of an offshore substation for the Saint-Brieuc bay offshore wind farm in Brittany, France.A joint venture, formed by Eiffage Métal and Engie Solutions…
Subsea ROV services provider C-Innovation has installed several stem clamps for BP under the Mad Dog Spar platform in the U.S. Gulf of Mexico.Informing of the completion of the project for BP, C-Innovation said it had used its subsea inspection…
Malaysian state-owned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirus-related demand slump and lower oil prices.Petronas…
Aberdeen-based well integrity services company has been awarded a three-year contract extension by an unnamed UK North Sea operator.Unity said Wednesday that the contract extension would see the company continue to serve three northern North Sea platforms…
Swiss-based digital twin specialist Akselos has deployed structural Digital Twin for Shell’s Bonga Main FPSO, located 120km Southwest of the Niger Delta in Nigeria. The Digital Twin is a physics-based model of the asset, which represents its…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
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…
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…
Since 2010, wind energy has seen sustained growth worldwide, with the amount of energy generated by offshore wind increasing by nearly 30% each year. Countries around the world need to ramp up renewable energy supply quickly to meet growing demand and rapidly reduce emissions…
Norwegian offshore support vessel owner Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three platform supply vessels.Two vessels Island Crusader and Island Contender, previously operated…
Well-Safe Solutions, a UK-based company specializing in P&A services, has awarded Orca Oceanic Systems a contract for the provision of Dive System Support and Engineering Services onboard its Well-Safe Guardian semi-submersible decommissioning rig…
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