As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…
Ukraine's state-run energy firm Naftogaz will continue to cooperate with international partners, new Chief Executive Yuriy Vitrenko said on Friday.The sacking of the previous Naftogaz head had prompted a warning from Ukraine's Western backers…
International oil activity should ramp-up through the end of this year and beyond, Schlumberger NV top boss Olivier Le Peuch said on Friday, a shift that will help the company grow revenue outside North America by double-digits in the second half of the year…
Halliburton Co on Wednesday reported a 6% rise in first-quarter adjusted profit from the previous three months, as a rebound in oil prices from pandemic lows fueled drilling activity and demand for oilfield services.Higher oil prices during the quarter boosted drilling…
Poland laid out plans on Tuesday to merge four of its largest energy groups in a move the government hopes will create a player able to compete in international oil, gas and electricity markets.PKN Orlen, the country's largest refiner on Tuesday…
Abu Dhabi National Oil Company (ADNOC) said on Tuesday it had signed a $10 billion gas infrastructure deal with a consortium of investors, while its chief executive told Reuters the company would keep a tight lid on costs amid low oil prices…
Norway's energy minister said state-controlled Equinor must be more transparent about its foreign businesses after it was hit by mounting losses from U.S. oil and gas investments.Equinor made a series of acquisitions of onshore and offshore…
Brazilian state-run oil firm Petroleo Brasileiro SA has suspended employees' international travel amid the global health crisis caused by the coronavirus, according to a statement on Monday.Petrobras, as the company is known, also said workers older than 65 years of age will have to work remotely…
Offshore marine transportation firm Harvey Gulf International Marine says it has been able to achieve success in the turbulent offshore market by constantly reinvented itself to fit the industry demands.Never afraid to shake things up, Harvey…
Oilfield procurement specialist Craig International said it has been awarded its first contract with Petrofac in the UK.The company will provide third party procurement services and supply general oilfield products to support Petrofac’s offshore operations in the North Sea…
Oil and gas procurement specialist, Craig International has won a North Sea contract worth around GBP 20 million with BP.The Aberdeen-based oilfield services firm provide third party procurement services including equipment for maintenance…
Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.Clients in North America, Halliburton's biggest market by revenue…
Schlumberger NV on Friday reported quarterly revenue that topped estimates and forecast single-digit growth in international markets this year even as crude prices have tumbled roughly 30 percent since October.With the drop in oil prices many producers were evaluating spending budgets for 2019…
The oil and gas drilling and production services company ADES International said that it has renewed an existing contract for the offshore rig known as Admarine 657, which is currently operating in Saudi Arabia.The renewal for Admarine 657 would…
Netherlands-based Sif Holding N.V. announced that Dredging International has awarded to Sif the production of 58 monopiles and the primary steel of the transition pieces for SeaMade offshore wind farm.The manufactures steel foundations to the…
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