Norway's oil industry faces thinner margins as smaller new discoveries boost per-barrel development costs, Statistics Norway (SSB) said in a report on Tuesday.'In the long term, it appears that the downturn that began in 2013, when output and prices fell…
Offshore passenger transportation provider Bourbon Mobility has partnered with Moment to provide an entertainment offer on board its vessels.In an effort to enhance its transport service of staff to oil platforms in West Africa, Bourbon Mobility…
Production optimization specialist Enpro Subsea said it has recently completed another two subsea hydraulic intervention campaigns for two operators in West Africa. Operations were conducted from a single multi-services support vessel, which was mobilized out of Takoradi in Ghana…
Norway's oil production rose in October from the previous month, beating official forecast by 4.5%, while gas production continued to lag, the Norwegian Petroleum Directorate (NPD) said on Tuesday.Output from the giant Johan Sverdrup oilfield kicked in ahead of schedule last month…
Energean Oil & Gas said on Tuesday its Energean International unit submitted an application to import and supply natural gas to Cyprus starting in 2021.In its application to Cypriot authorities, it said it sought to supply gas through a pipeline from the Karish block offshore Israel to Vassiliko…
MMA Offshore, the provider of marine solutions and expertise to the offshore oil and gas industry, has been awarded a number of new contract awards and extensions.AGR Australia has awarded MMA a two-vessel contract supporting the Noble Tom Prosser…
Japanese offshore drilling contractor Japan Drilling Company has been awarded a contract extension for one of its jack-up rigs.JDC said its Hakuryu-14 rig would remain on a contract with Pertamina Hulu Mahakam at the Mahakam block, offshore Indonesia…
Houston-based global seismic services company SAExploration announced a combined $130 million of new projects in Alaska, Canada and the Middle East.According to the geophysical services provider the largest contract is valued at approximately…
OOS Energy, an offshore service provider from the Netherlands and part of the OOS Group, said that its onshore and offshore management teams took over the Ships Management of the Semi-Submersible Drillship ODN DELBA III.Upon completion of the handover…
BW Offshore, a provider of floating production services to the oil and gas industry, has successfully completed a NOK 900 million senior unsecured bond issue with a coupon of three months NIBOR + 4.50% and maturity in December 2023.The Oslo…
Canadian energy company Northland Power and the Japanese provides renewable energy project development services Shizen Energy have agreed to set up a joint venture to develop offshore wind projects in Japan.Under the terms of the agreement,…
Shearwater GeoServices, a marine geophysical services company, has been awarded the largest-ever 4D seismic campaign in the Asia/Pacific region covering up to six fields operated by Woodside offshore Australia.According to the 50/50 joint venture between GC Rieber Shipping and Rasmussengruppen AS…
Independent oil and gas producer Jadestone Energy announced it has entered a deal with OMV to acquire its 69% operational stake in the shallow water Maari project offshore New Zealand for $50 million.The Maari Project is a mid-life producing asset located in permit PMP 38160…
Ocean Infinity's Kongsberg Hugin autonomous underwater vehicles (AUV) have achieved significant endurance milestones during testing thanks to new pressure tolerant batteries from Kraken Robotics. The vehicles performed several missions to greater than 5…
France wants to construct a wind farm off the coast of Normandy as the nuclear-dependent nation moves to expand power generation from renewable sources, the energy ministry said on Monday.The planned 1-gigawatt (GW) wind farm could have up to 80 wind turbines of around 12 megawatts each…
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