Derazona Helicopters in Indonesia has ordered an Airbus H160 helicopter to be used to support the country’s oil and gas sector's operations. 'The multi-mission H160 will play an important role in the expansion plans of the Indonesian operator for oil and gas…
The board of Brazilian state-run oil company Petrobras has approved an agreement with the government regarding the compensation that must be paid to Petrobras in the event of an auction of reserves in two offshore oil areas, the firm said on Friday…
Norway's $1.3 trillion wealth fund, the world's largest, should reduce the size of its global company reference index by between 25% and 30% to better follow up companies, primarily by removing small-cap stocks, the finance ministry proposed on Friday…
Dutch offshore services contractor Boskalis has served the Malaysian offshore construction firm Malaysia Marine Heavy Engineering (MMHE) with an arbitration notice over alleged cost overruns related to the Bokor platform project, in Malaysia…
German engineering group Siemens Energy aims for a slice of the $2.3 trillion U.S. President Joe Biden plans to spend on infrastructure, including power grids and renewables, as the company targets higher sales in its biggest market.Biden last week set out his plans for a transformation of the U…
Offshore equipment company OEG Offshore (OEG) has this week acquired Norfolk‐based Pegasus Welfare Solutions (PWS), a company that developed the world's first offshore wind turbine toilet, for an undisclosed sum.Aberdeen‐based OEG, which provides the offshore market with DNV certified containers…
Acta Marine has this week completed its three-year maintenance campaign for Ocean Breeze on the Bard Offshore 1 wind farm, the first commercial offshore wind farm in Germany.Acta Marine's Acta Auriga walk-to-work support vessel - which offers…
Chevron Corp shareholders will vote on proposals aiming to require the No. 2 U.S. oil producer to reduce the environmental impact of its products and report on climate business risks.Chevron has pledged to limit the pace of growth of its carbon emissions that contribute to climate change…
A floating facility off the Venezuelan coast has finished offloading crude stored in it for the past two years due to U.S. sanctions, paving the way for output to resume in an oilfield, an official of the facility's operator said on Thursday…
China’s offshore oil and gas major CNOOC Ltd has put out a fire at a production platform in Bohai Bay and is focusing its efforts on searching for three people who went missing, the firm said on Friday.In a filing to the Hong Kong stock exchange…
Danish offshore drilling company Maersk Drilling on Thursday confirmed a long-term contract with Tullow Oil for its Maersk Venturer drillship off Ghana.The firm contract following the previously agreed conditional letter of award, and includes…
The Polish Energy Regulatory Office has awarded a Contract for Difference to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW, Danish offshore wind developer Ørsted said Wednesday evening.'Baltica 3 and 2…
Norwegian offshore vessel operator Solstad Offshore said Thursday it has won a two-year charter for one of its platform supply vessels in Brazil.The vessel, Normand Starling, will support Shell's activities in the Brazilian waters.The two-year contract is firm for two years…
Oilfield and drilling services provider Archer has won a long-term frame agreement with ConocoPhillips for work offshore Norway.Under the five-year agreement, Archer will provide wireline services on the Norwegian Continental Shelf.Also, Archer…
U.S.-based offshore vessel operator Harvey Gulf International Marine has said it has converted its Harvey Champion platform supply vessel into a dual-fuel vessel. The Harvey Champion is now operating on both battery power and diesel. 'The Champion now boasts 754 kWh of battery power…
Subscribe
