Services firm Subsea 7 said it has been awarded a contract to install risers for CNOOC’s Lingshui 17-2 gas field development project in the South China Sea.The contract from Offshore Oil Engineering Co. (COOEC) — worth between $50 million and…
Subsea services firm N-Sea said increased sales in 2019 has led the Netherlands-based company to report a record year.The company said its commercial growth from bases in Aberdeen, the Netherlands and the Middle East has been spurred by the completion of more than 1…
Oil and gas company Aker BP announced on Tuesday it has produced first oil at its Valhall Flank West normally unmanned installation (NUI) in the Norwegian sector of the North Sea.The NOK 5.5 billion ($609.5 million) development aims to produce…
Maersk Drilling informs it has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.The contract has an estimated duration of 322 days and is expected to commence in July 2020…
A slew of reports out of Norway over the past month point to rising oil industry salaries (and therefore costs) after two years that saw heavy investments offshore.For the 225,000 Norwegians who work in oil and gas, both hikes are good news…
James Fisher Marine Services (JFMS), provider of marine engineering services, has been awarded scheduled maintenance contract on one of the leading offshore wind farms of the future.The specialist in services to the marine, oil and gas said that as per contract…
Seabed Geosolutions, the provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry, has signed a contract to sell the entirety of its shallow water ocean bottom cable (OBC) recording equipment.The joint…
Geo-data specialist Fugro has been awarded a 5-year Indefinite Delivery Indefinite Quantity (IDIQ) contract by the National Oceanic and Atmospheric Administration (NOAA) to provide hydrographic surveying services in the US.Dutch multinational…
Norwegian offshore service and supply ship shipping company Solstad Offshore said that UK-based Apache North Sea Limited has extended the charters of platform supply vessels (PSVs) Sea Flyer and Sea Forth.According to the vessel owner, the contract…
Belgium-based offshore wind installation specialist Dredging, Environmental and Marine Engineering NV (DEME) has started building its first service operation vessel (SOV), which will be chartered by Siemens Gamesa Renewable Energy (SGRE) for work at three Belgian offshore wind farms (OWF)…
Throughout 2019 Africa has led licensing round activity; looking forward to 2020 this is set to continue, however results of the recent rounds have had limited success in a global context.Eight licensing rounds are open or have closed in Africa…
Energy company Total announced Monday it has acquired operating interests in two new offshore licenses with plans to develop a new production hub in the Kwanza Basin, offshore Angola.The French supermajor has signed a sale and purchase agreement…
An activist group is increasing the pressure on five big U.S. and European oil companies with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.Dutch group Follow This is targeting U.S. giants ExxonMobil…
BP announced on Monday that its three-well drilling program offshore Mauritania and Senegal encountered gas in 'high quality', confirming the supermajor's confidence in the 'world-class scale' of the hydrocarbon resources in the West African region…
Guyana has invited companies interested in purchasing the first three deliveries of the government's share of the country's looming oil production to present bids this week, the government said in a statement on Sunday.The government will later…
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