UK-based offshore decommissioning company Well-Safe Solutions has bought Seadrill's 1993-built West Epsilon jack-up rig, in a move that the company says will create a 100 new jobs.This will be Well-Safe's second rig in the fleet following the…
Offshore gangway provider Ampelmann has signed its first contract in the Asian offshore wind sector.The Dutch company has been awarded a contract by Seaway 7, a Subsea 7 company, for the delivery of one of its A-type gangway systems for an offshore wind project in Taiwan…
Cathelco, part of Evac Group, has won an order to deliver marine growth prevention system (MGPS) for a new multi-purpose oil spill response and towage vessel being built for the Kuwait Oil Co.The system will be installed to prevent bio-fouling…
The Louisiana Offshore Oil Port (LOOP) suspended tanker offloading at its offshore marine terminal on Sunday because of Tropical Storm Sally, the company said in a statement posted on-line.The LOOP is the nation's only oil port able to receive the largest crude oil tankers…
Chevron Corp shut the Blind Faith and Petronius offshore production platforms on Sunday in the Gulf of Mexico in preparation for Tropical Storm Sally, the company said in an online statement.'In preparation for the storm, we have evacuated all…
Word's largest oilfield services company Schlumberger has this week entered a major tech collaboration agreement with the global technology giant IBM and its subsidiary Red Hat. The aim of the initiative is to accelerate digital transformation across the oil and gas industry…
Japanese oil refining company Eneos said Thursday it was joining an offshore wind joint venture targeting projects in Akita Prefecture in Japan.Eneos has acquired a share in GK Happo Noshiro Offshore Wind, a company formed to seek opportunities…
Japanese offshore drilling company JDC has won a drilling contract with Mitsui Oil Exploration.JDC said that the contract was for the provision of a jack-up drilling rig 'HAKURYU-11.' According to JDC, which operates a fleet of five jack-ups…
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'…
Chinese oil company CNOOC announced Friday the start of oil production from the Nanbao 35-2 oil field S1 area in the Bohai Bay, off China.Nanbao 35-2 oilfield S1 area is located in the central Bohai with average water depth of 17 meters. 'In…
Oil major Shell has kicked off production from its Fram gas and condensate field in the UK North Sea, two years after making a final investment decision for the project.The field, discovered in 1969, is located around 221 kilometers (137 miles)…
The Australian offshore safety agency NOPSEMA has ordered Eni to 'make safe' a floating mid-depth buoy at the Woollybutt field off W. Australia, after the buoy, normally chained 50 meters underwater, was spotted floating on the surface, posing a navigational threat to vessels passing by…
Asia Pacific-focused oil and gas production company Jadestone Energy declared a maiden interim dividend on Thursday and reported positive operating cash flows in the first half, despite a slump in crude oil prices.The maiden dividend payout…
Swedish power company Vattenfall has appointed Anna Borg as its new President and CEO after Magnus Hall in July said he would leave the company.Borg has served as the offshore wind developer's CFO since 2017. Before this, was been Senior Vice President for Vattenfall's Business Area Markets…
Offshore energy services provider Saipem and gas grid operator Snam have signed an agreement to work together on energy transition technology.Under the memorandum of understanding signed, the two Italian companies will jointly work on green hydrogen and carbon capture initiatives…
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