Mediterranean shiprepair facility Gibdock reports it completed a two-vessel drydocking and maintenance and repair project for Shearwater GeoServices.The Gibraltar-based repair and conversion specialist worked on the seismic research vessels Oceanic Sirius…
New York-listed offshore vessel owner Hermitage Offshore Services, hit by low oil prices and COVID-19, has executed a forbearance agreement with lenders.Under the agreement, the lenders of its $132.9 M loan DNB Bank and Skanidaviska Enskilda…
Norway's BW Offshore Ltd and DBO Energy are among the firms mulling a bid for Petrobras' Golfinho oilfield cluster, two sources said, as Brazil's state-run oil company seeks to re-spark its asset sale program in the wake of this year's crude price crash…
Greenalia, a Spanish company working to develop a floating offshore wind farm in the Canary Islands, has joined WFO (World Forum Offshore Wind), The first worldwide association with an exclusive focus on promoting offshore wind energy internationally…
Norwegian seismic company PGS has said it has completed its second successful GeoStreamer X seismic survey in the Viking Graben, in the North Sea, off Norway, using its Ramform Vanguard vessel, and breaking some records in the process.Gunhild Myhr…
NOPSEMA, the Australian offshore oil and gas safety regulator, plans to resume physical inspections on offshore oil and gas facilities 'in line with appropriate protocols to manage health risks associated with COVID-19.''While NOPSEMA’s inspections have continued throughout the pandemic…
Neptune Energy last week made a hydrocarbon discovery at its Dugong well in the Norwegian sector of the North Sea.The company at the time said the results were preliminary and that a decision might be made to drill a side-track to further define the extent of the discovery…
Brazil's Petrobras has said it has signed an agreement to sell its entire stake in three offshore oil fields in Potiguar Basin to Ouro Preto for $1.5 million.The fields in question are the Pescada, Arabaiana, and Dentão fields located in shallow waters of the Potiguar Basin (Pescada Cluster)…
Polarcus has won a contract with Eni for a survey in the Asia Pacific.The Oslo-listed marine seismic services provider said the contract was for an expected minimum duration of one month.'The project is scheduled to commence in Q1 2021, subject to relevant approvals…
A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a new surge of COVID-19 cases threaten to stall any recovery in fuel demand, law firm Haynes and Boone said in a report released this week…
The UK Chancellor of the Exchequer Rishi Sunak has announced a new Job Retention Bonus scheme to encourage firms to keep on workers furloughed due to the COVID-19 impact on the economy.The UK government will introduce a one-off payment of £1…
UK-based energy consultancy Xodus Group has appointed a US renewables vice president to head up a new office in Boston. The company said the move was in support of its plans to grow its offshore wind services across North America.Alexander Thillerup joins Xodus from Aegir Wind Solutions…
German renewables giant RWE has selected a GE Renewables/Sembcorp Marine JV as the supplier for high voltage direct current (HVDC) electrical transmission system for the 1.4 gigawatt (GW) Sofia Offshore Wind Farm, off the UK.The wind farm will be located on Dogger Bank…
Aker BP has received consent to use the Maersk Invincible jack-up rig to drill a pilot hole on the Hod field, offshore Norway.The consent for the use of the Maersk Drilling-owned jack-up was granted this week by the Petroleum Safety Authority Norway…
Malaysian FPSO specialist Yinson has welcomed another Japanese investor to its Marlim 2 FPSO project. Yinson is building the Anna Nery FPSO (conversion from Falcon VLCC) to be deployed at Petrobras Marlim II project offshore Rio de Janeiro, under a 25-year lease contract…
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