Copenhagen Offshore Partners, a Danish company providing project development, construction, and operational management services to offshore wind projects, has opened its new office in Hanoi, Vietnam. The office is located within the French Quarters…
SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…
TDI-Brooks has said it has completed the offshore multibeam phase offshore the Niger Delta, under a contract by the Norwegian seismic data firm TGS.'This survey took place in water depths of 750 to 3,500 meters and is Nigeria’s first regional…
Following the arrival of Van Oord's Svanen heavy-lift vessel at the Kriegers Flak Offshore Wind Farm location offshore Denmark earlier this week, the first foundation has now been placed on the seabed, Vattenfall, the operator of what will be Denmark's largest offshore wind farm…
Italian oil and gas company Eni has suspended works carried out by the SSV Catarina semi-submersible drilling rig offshore Indonesia.This was revealed by Singapore-based KS Energy, which last year won the contract with Eni, as part of a joint venture with Universal Energy Resources…
Offshore wind turbine maker Siemens Gamesa Renewable Energy plans to expand its offshore wind turbine nacelle assembly facility in Taichung, Taiwan to form a regional offshore wind nacelle industrial hub together with Taiwan-based suppliers…
The U.S. Department of the Interior and the Bureau of Ocean Energy Management (BOEM) on Thursday announced a final rule to update air quality regulations for applicable BOEM activities in the Central and Western Gulf of Mexico and off the coast of Alaska’s North Slope Borough…
Petrofac Ltd on Friday warned of delays in new projects until 2021 due to coronavirus-induced supply chain disruptions and travel restrictions as well as lower oil prices and said it was taking steps to conserve cash.The crash in oil prices…
Italian oil and gas company Eni has given Claudio Descalzi another term as Chief Executive Officer and General Manager. Descalzi, who has been with Eni in various roles since 1981, has been Eni’s CEO since May 2014. Also, Eni has appointed Lucia Calvosa…
Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from the coronavirus pandemic would likely be permanent…
Equinor's shareholders, dominated by the Norwegian government, rejected all climate resolutions at the oil firm's annual general meeting on Thursday, the company said.One of the resolutions, proposed by Follow This, a group which represents about 5…
Offshore accommodation company Prosafe has seen its fleet utilization rate drop to 32 percent in the first quarter of 2020 - down from 62.5% a year ago - and based on its clients' recent actions caused by low oil prices and the coronavirus pandemic…
SBM Offshore, one of the world's largest FPSO solutions providers, on Wednesday slightly reduced 2020 guidance due to uncertainty caused by the COVID-19 pandemic and the low oil price environment, but the CEO is optimistic the company will not just weather the storm…
Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said on Thursday, but it trimmed its forecast for the drop citing easing lockdown measures.Demand is expected to fall by 8.6 million barrels per day (bpd)…
Offshore drilling firm Seadrill Partners has said it has received a notice of termination for the 2008-built West Polaris drillship contract.'As a result, the contract is expected to conclude in early November 2020, and the backlog is expected to decrease by approximately $23 million…
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