Halliburton Co on Wednesday reported a 6% rise in first-quarter adjusted profit from the previous three months, as a rebound in oil prices from pandemic lows fueled drilling activity and demand for oilfield services.Higher oil prices during the quarter boosted drilling…
Dutch offshore gangway services firm Ampelmann and C-Job Naval Architects have teamed up to develop what they say is 'a one-of-a-kind' offshore wind feeder vessel concept with motion compensation technology.According to the duo, the vessel would…
Autonomous Robotics Ltd (ARL) has won a grant funded project from the UK-based OGTC and two European energy companies to develop a bespoke seismic sensor to fit in the company’s autonomous underwater vehicle solution, Flying Node. The project is expected to last 15 months…
Eneti, a company working to transition from its dry bulk shipping business into the offshore wind installation sector, has signed up for Shoreline Wind's construction simulation software, to help grow its offshore wind business.The company, previously known as Scorpio Bulkers…
Mozambique President Filipe Nyusi said on Wednesday the government will work to restore peace in the country after a deadly militant attack last month near multi-billion-dollar gas projects backed by global oil companies.'We will make all efforts to return peace to our country…
Wave power technology developer Mocean Energy on Wednesday unveiled its Blue X wave energy prototype which will take to the seas in Orkney next month.The 20-meter long, 38-tonne wave machine has been fabricated in Scotland and will be deployed…
Malaysia's Petronas has awarded the Production Sharing Contract (PSC) for the South East Collins Cluster under the newly introduced Small Field Asset (SFA) PSC terms, to Vestigo Petroleum.The South East Collins Cluster, located in water depths of 42 to 45 meters 70km northeast of Labuan Island…
Norwegian oil and gas company Equinor, with its partners Total and Vår Energi, has made an oil and gas discovery in a new segment belonging to the Tyrihans field in the Norwegian Sea. Recoverable resources are so far estimated at between 3.0 and 4…
Dutch offshore services provider Fugro has won a deal with offshore transportation and installation firm Jumbo Maritime to provide providing positioning and construction support services on the Mero 1 deepwater field development, offshore Brazil…
Private investment fund Remus Horizons which last week launched a conditional takeover offer for the Australian oil company FAR, eyeing its stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development, is now backing out from the FAR pursuit…
Qatari shipping and offshore services company Milaha and oilfield services giant Schlumberger held a virtual event to mark the start of operations of the first Qatari-owned offshore well stimulation vessel Halul-48, Milaha said Monday.The collaboration…
Oilfield services group Hunting Plc said on Wednesday its first-quarter earnings were in line with expectations despite a hit to the company's Texas facilities in February when the U.S. state faced severe cold weather.The company said it recorded…
Danish offshore drilling company Maersk Drilling has won a one-well contract extension for its Maersk Integrator jack-up drilling rig with Aker BP in Norway.The contract is expected to start in December 2021, in direct continuation from the rig's current scope for Aker BP…
April 20, 2021, marks the eleventh anniversary of the biggest ever oil industry disaster in the U.S. Gulf of Mexico, in which 11 people died after the Transocean semi-submersible drilling rig Deepwater Horizon exploded and sank at BP's Macondo well location…
Marine and offshore services provider James Fisher and Sons on Tuesday announced the appointment of Duncan Kennedy as Chief Financial Officer and as an Executive Director with effect from May 4, 2021, when he will join the Board.Group Finance…
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