Integrated logistics and materials management firm ASCO has won a contract with Petrofac to provide logistics and supply base services for Phase One of IOG's development project in the Southern North Sea (SNS).Petrofac, as Well Operator for IOGs’ development of the Southwark…
Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters.Banks working on ADNOC Drilling are scheduling calls with local…
French oil firm Total has awarded a commissioning services contract for its Tyra Redevelopment Project in the Danish North Sea to a consortium comprised of Actemium Oil & Gas Commissioning and Semco Maritime.The Tyra Redevelopment Project is…
Ineos Oil & Gas UK has hired Maersk Drilling's harsh-environment jack-up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 42/13 of the UK North Sea. The contract is scheduled to start in the third quarter of 2021…
UK-based oil and gas firm IOG, developing Core Project Phase 1 in the UK North Sea, has awarded the Phase 1 Duty Holder contract for Installation and Pipeline Operator, as well as facilities operations and maintenance (O&M), to ODE Asset Management (ODE AM)…
Danish offshore drilling company Maersk Drilling has sold the jack-up rig Maersk Guardian to New Fortress Energy. The two firms have also signed a deal for the sale of the jack-up rig Mærsk Gallant with anticipated closing in June 2021. The…
Dutch offshore equipment firm SMST recently signed a deal with DOF Subsea to deploy a motion-compensated gangway from the SMST rental fleet aboard one of DOF Subsea's offshore vessels.SMST said this week that the gangway was installed a few weeks ago on DOF Subsea's Skandi Constructor vessel…
Offshore wind turbine maker GE Renewable Energy has signed a deal with Japan's Toshiba Energy Systems to localize crucial manufacturing phases of GE's giant 12-14 MW Haliade-X offshore wind turbine and to support the turbine's commercialization in Japan…
Swedish developer of twin offshore wind turbine technology Hexicon has this week said it will develop a demonstrator project for floating wind power at Metcentre’s deepwater area off of Norway’s coast. 'The project, TwinWay, is a pilot to commercialize new offshore floating wind technology…
Russia's largest oil producer Rosneft on Friday reported first-quarter net income of 149 billion roubles ($2 billion), buoyed by a recovery in oil prices, after a $2.1 billion loss a year earlier.Earnings at the group, which is around one-fifth owned by BP…
Oil and gas company Rockhopper Exploration said Friday that it had received notice that a final decision in its arbitration against Italy over the Ombrina Mare Field in the Adriatic Sea could come in July.The oil company started arbitration…
The Blue X wave energy prototype from Mocean Energy has been unloaded at Hatston Pier in Kirkwall, Orkney, Scotland ahead of summer sea trials.The wave energy device, which is 20 meters long and weighs 38 tons, was built entirely in Scotland and transported by road from Rosyth to Aberdeen…
The new executive board of Brazil's Petrobras signaled on Thursday that it would largely follow plans set out by the previous administration, statements likely to ease investor concerns about the firm's tumultuous start to 2021.Chief Financial…
Angolan offshore drilling firm Sonadrill, the 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a twelve-well contract in Angola for the Sonangol Quenguela drillship. The contract includes one option for nine wells and eleven one well options…
Scotland-based OGTC has extended its latest Call for Ideas to June 14, with the organization set to invest up to £1million (around $1,4 million) 'in game-changing technologies which will accelerate Hydrogen production, transportation, storage and utilization…
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