Dutch shipping company Vroon said that its subsea-support vessel VOS Sugar has spent the winter months on charter to VLCV B.V. a joint venture between Van Leeuwen and C-Ventus.Since October 2019, VOS Sugar has acted as a floating base for the execution of VLCV’s work scope…
Offshore Wind Growth Partnership (OWGP) has awarded seven UK companies with a total of GPB 364,000 in grant funding through its first funding competition.Cedeco, Global Energy Group, Magnomatics and W3G Marine were successful in the call to…
Byron Energy is set to begin drilling at its SM71 F4 well in the Gulf of Mexico, following a recent delay caused by bad weather.Byron said Tuesday that the Enterprise Offshore Drilling 264 jack-up rig arrived on location to drill the SM71 F4 well from Byron's F Platform…
Leaders of a public oilfield investment entity in Newfoundland, Canada, are in a rush to secure more oil — and the province’s first gas production — as well as more investment from international oil companies, government documents suggest.With some decrying gas as the new oil…
Japanese oil and gas firm Inpex has awarded seven contracts to oilfield services giant Halliburton. The contracts are related to services at Inpex's Ichthys development offshore Australia.Halliburton said Tuesday that the seven contracts are…
Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday. The deals involve a minimum investment of $332 million, the ministry said in a statement. Exxon Mobil announced the acquisition of more than 1…
The Netherlands-based offshore services company Oceanteam has appointed a Henk van den IJssel as Chief Executive Officer.Van den IJssel, who has most recently served as CCO at DeepOcean, will take over as Oceanteam CEO on February 1. Oceanteam…
Quetzal Capital, a Kuok Group company, has launched compulsory acquisition for the remaining shares of the Singapore-based offshore vessel operator PACC Offshore Services Holdings, also known as POSH. Quetzal had launched a cash takeover offer for POSH back in November 2019…
Norwegian shipbuilder Ulstein has floated out the hull of a wind farm support vessel it is building for Bernard Schulte.The service operation vessel (SOV), yard number 315 at Ulstein Verft, was floated out from the yard’s dock hall on Sunday afternoon…
KrisEnergy has hired the Dutch offshore survey services provider Fugro to carry out a geotechnical survey at the Apsara oil field, offshore Cambodia.The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand…
Malaysian FPSO supplier Bumi Armada might appeal a recent ruling by an Australia court in an FPSO contract termination case against the Australian oil company Woodside.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…
Investment in Colombia's oil industry is set to grow by 23% in 2020, the private oil producers association said on Monday, although production will be effectively flat, increasing just 0.5% compared with the previous year. Investment in the…
Norwegian offshore shipping company Solstad Offshore has signed a contract with OMV Taranaki Ltd for the provision of a Platform Supply Vessel for the oil company's operations in New Zealand.The platform supply vessel Normand Tortuga will support…
Russian gas giant Gazprom has supplied its first billion cubic meters of gas via the TurkStream gas pipeline in the Black Sea, just weeks after the official opening.Of that amount, about 54 percent went to the Turkish gas market and some 46 percent was delivered to the Turkey-Bulgaria border…
Karoon Energy has started drilling at its 256 million barrel prospect Marina-1 offshore Peru using the Stena Forth drillship.Karoon said Monday that the drilling operation at the Block Z‐38 in Peru's Tumbes Basin would take 30 days. Tullow, Karoon's partner in the project…
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