Offshore Engineer Industry News News - page 348

 

JFO Grows Middle East Footprint

Sep 25, 2019

Offshore engineering solutions provider James Fisher Offshore (JFO) said it will establish bases in Saudi Arabia and Dubai in a move to deliver efficiencies across multiple regional projects through an enhanced Middle Eastern footprint.The UK…

Ocean Infinity Completes Mohns Ridge Survey

Sep 24, 2019

US-based subsea technology and data company Ocean Infinity said it has compleetd an expedition on the Mohns Ridge in the north-western Norwegian Sea, on behalf of the Norwegian Petroleum Directorate (NPD).NPD had been assigned the task of mapping…

Pemex Prepays $5.17 Billion in Bond Tender

Sep 24, 2019

Mexico's Pemex said on Monday it had paid $5.17 billion in a tender offer to prepay about a third of its bonds maturing between 2020-23, part of President Andres Manuel Lopez Obrador's latest effort to shore up the state oil firm.The company announced the bond tender earlier this month…

ModuSpec to Operate Independently

Sep 24, 2019

Rig inspection services company ModuSpec said it has reemerged as an independent operating company following a strategic restructure of engineering and technical professional services organization Lloyd’s Register (LR).In March, LR announced…

Transocean Cancels Drillship Deliveries

Sep 23, 2019

Offshore drilling contractor Transocean announced on Monday that it will not take delivery of two newbuild drillships that were scheduled to be handed over from Korean builder Samsung Heavy Industries (SHI) in 2019 and 2020.Transocean said two of its indirect…

Halliburton Acquires Downhole Cutting Tools

Sep 23, 2019

Oilfield services provider Halliburton said it acquired a new portfolio of electro-mechanical downhole cutting tools and tubing punches from Westerton (UK) Ltd.Designed as an alternative to traditional pipe recovery and intervention across the well lifecycle from exploration to abandonment…

Oil Companies Push Carbon-capture Efforts

Sep 23, 2019

A group of 13 major oil companies charted out a plan on Monday to promote investments in carbon capture, use and storage (CCUS), ahead of a gathering in New York.Oil chiefs grappling with growing demand for action to fight climate change have…

Equinor, SSE Win Contract for Largest Offshore Wind Project

Sep 20, 2019

Equinor and Britain's SSE have won a tender to build three wind farms off Britain, which the Norwegian firm said together will form the world's largest such development.Like other European oil firms, Equinor is developing its renewables business…

Petronas Q2 Profit Rises 8%

Sep 20, 2019

Malaysia's state-owned energy firm Petroliam Nasional Bhd reported an 8% increase in second-quarter profit on Friday because of a weaker Malaysian ringgit, though that was partially offset by higher product costs.Petronas, as the company is known…

Allseas Scores Gyda Platform Removal Job

Sep 20, 2019

Allseas announced on Friday it has been awarded an EPRD contract from Repsol Norge to remove, transfer, load-in to shore and dispose of the Gyda platform in the Norwegian North Sea.The contract covers both the 18,000 t topsides and 11,200 t jacket…

Aurelius Backs Ardent Buyout

Sep 19, 2019

Alternative direct lender AURELIUS Finance Company has provided financing to support the buy-out of emergency management and offshore decommissioning company Ardent from co-owners Svitzer, a global towage operator, and Crowley Holdings, a holding…

Europa Lands High Impact Venture Offshore Morocco

Sep 19, 2019

The Ireland and UK focused oil and gas exploration, development and production company Europa Oil & Gas Plc said it has landed a high impact new venture offshore Morocco, boosting the country’s drive to launch viable upstream projects that would…

Talos Making Moves in the Gulf of Mexico

Sep 19, 2019

Talos Energy announced it has entered into two separate agreements with BP and ExxonMobil related to new exploration opportunities in the U.S. Gulf of Mexico. The company said it will work with BP to drill and evaluate the Puma West prospect…

Mitsui Looks to Sell BassGas Stake

Sep 19, 2019

Japan's Mitsui & Co has put its 40% stake in the BassGas project off southeastern Australia up for sale, the company said on Thursday.Mitsui's stake in the BassGas project, which includes the undeveloped Trefoil gas project, could be worth about A$360 million ($244 million)…

Oceaneering Wins Umbilicals Job Off India

Sep 18, 2019

Subsea engineering company Oceaneering announced that it it was awarded contracts by Baker Hughes (BHGE) to supply subsea umbilical control systems for Oil and Natural Gas Corp. of India's (ONGC) deepwater field development in the Bay of Bengal…

Current News

Aker Solutions to Deliver Subsea Production System for Halten East

Aker Solutions to Deliver Subsea Production System for Halten East

Petrobras Takes Prosafe Flotel on 4-year Charter

Petrobras Takes Prosafe Flotel on 4-year Charter

Equinor Partners Investing $937,5M to Develop Six Gas and Condensate Discoveries in Norwegian Sea

Equinor Partners Investing $937,5M to Develop Six Gas and Condensate Discoveries in Norwegian Sea

Maersk Supply Service Wins Offshore Services Deal with Exxon in Angola

Maersk Supply Service Wins Offshore Services Deal with Exxon in Angola

Subscribe for OE Digital E‑News

Offshore Engineer Magazine