UXO survey, identification and disposal services joint venture N-Sea-BODAC reports it will make significant investment in its further development following year-on-year commercial growth since being formed in 2016.“Following three years of successful joint operations…
Ireland-based energy company Electricity Supply Board (ESB) and Norwegian energy company Equinor plan to jointly develop offshore wind sites and enter them into the country's renewable energy auctions from the mid-2020s.The partnership will…
SBM Offshore announced on Friday it has completed the purchase of Constellation’s equity ownership in the lease and operating companies related to five Brazilian floating production, storage and offloading units (FPSO).The Netherlands based…
Marine seismic company Polarcus said it has been awarded an XArray marine seismic acquisition project in Malaysia commencing late December 2019 with a duration of approximately four months.Following this award, the Polarcus core fleet is fully booked to early second quarter 2020, the company said.
Norwegian energy company Equinor has awarded a NOK 65 million ($7.1 million) contract to IKM's testing and inspection arm for the mega Johan Sverdrup Phase 2 project offshore Norway.IKM Testing said it will perform nitrogen helium leak testing…
Neptune Energy said on Friday there was only a 'remote' possibility it would launch an initial public offering next year, as the group was focused for now on exploration and bringing projects to production.Chief Executive Jim House also said…
Norway-based international subsea operating company DOF Subsea announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilization into the first quarter of 2020. The contracts, for undisclosed clients in New Zealand and South East Asia…
NOIA President Erik Milito weighs in after Congressional Democrats introduced the Stop Giving Big Oil Free Money Act, which the lawmakers say will repeal 'a loophole' in the Deepwater Royalty Relief Act of 1995 (DWRRA) that allowed oil and gas…
Norwegian oil and gas investments will probably hit a five-year high next year, extending a recovery that has boosted the economy, a survey by Statistics Norway (SSB) showed on Thursday.The closely watched forecasts, based on data from oil and gas companies working in Norway…
Malaysia's state of Sarawak filed a writ summons and statement of claim against national energy firm Petroliam Nasional Bhd on Thursday to recover taxes owed, according to media reports.National news agency Bernama reported that the company…
Oil and gas exploration and production company Eco Atlantic appears determined to make a breakthrough in its underexplored Namibian offshore assets after preliminary works in preparation for a deep dive it expects to take in the four offshore permits as early as October next year…
Total criticized on Thursday the European Investment Bank's decision to stop financing all fossil fuel projects including gas, saying companies that might switch to gas-fired power plants from heavy-polluting coal could now reconsider.'I think…
Maersk's offshore services arm has been awarded a contract to provide towing and mooring installation work for an unnamed floating production, storage and offloading unit (FPSO) in the North Sea.The work scope includes project management, engineering…
The Thunder Cranes Group said it has secured a contract to support Chevron on a three-year plug and abandonment project in the Gulf of Thailand that will include some 3,000 wells.The multimillion-dollar contract will see Thunder Cranes add a further three brand new TC90XL cranes to its fleet…
Bahamas Petroleum Company (BPC) has signed a master services agreement (MSA) with Baker Hughes, as the oil and gas exploration company moves toward drilling its first exploration well in the Bahamas in 2020.In August 2019, following extensive technical discussions and mutual due diligence…
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