Oil prices were little changed on Monday as investors shrugged off fears of a global economic slowdown and focused on the prospect of tighter supply and lower U.S. crude inventories ahead.Brent crude oil futures climbed 30 cents to $67.33 a barrel by 11:56 a…
Jan De Nul Group said it has been awarded a framework agreement for repairs of TenneT’s offshore high-voltage cables in the German Bight.The Dutch firm has been appointed by TenneT to mobilize in the event of high-voltage cable system faults or failures within the contractual period…
A tropical cyclone has led Jadestone Energy to pause its infill drilling program at the Stag oilfield offshore Australia, the independent oil and gas production company in an operational update on Monday.Jadestone said the Ensco 107 jack-up rig arrived on location at the Stag platform on March 15…
Mooring solutions provider InterMoor said it has been contracted by Jadestone Energy to carry out a feasibility study for a permanent spread mooring system for a floating production storage and offloading unit (FPSO) at Nam Du field located in block 46/07…
Oilfield services firm Schlumberger will stop taking new field management contracts that have been criticized as requiring heavy upfront investments while it seeks to monetize existing deals, the company's chief executive said on Monday.Paal Kibsgaard…
Coatings manufacturer Hempel has rolled out Hempatop Repel 800, a new flexible two-coat water repellent coating for offshore assets and installations that is designed to offer enhanced corrosion protection by actively repelling water from the coated surface…
TechnipFMC announced Monday it has been awarded a large integrated engineering, procurement, construction, transportation and installation (iEPCI) contract by operator Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1…
Australia's Woodside Petroleum said on Monday it had evacuated all personnel from offshore production platforms off Western Australia ahead of Cyclone Veronica, and was operating the North West Shelf LNG and Pluto LNG plants on skeleton staff…
Royal Dutch Shell on Monday said it had shipped the first condensate cargo from its Prelude floating liquefied natural gas (FLNG) project off northwestern Australia over the weekend.'We can confirm that the first shipment of condensate has sailed from the Shell-operated Prelude FLNG facility…
Malaysia's largest oil and gas services company Sapura Energy on Monday reported a profit for the fourth quarter on gains from disposal of a subsidiary stake, after five consecutive quarters of losses.Sapura's declared net profits of 500.4 million ringgit ($123…
The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned, a spokesman said on Monday…
U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of Mexico offshore heavyweights, as refiners in need of substitutes are scooping up oil produced in the region.Those two companies produce…
Norway’s offshore safety watchdog Petroleum Safety Authority (PSA) has given Aker BP consent to use the Maersk Interceptor mobile drilling facility for production drilling on the Ivar Aasen field offshore Norway.The safety agency said that the…
German technical service provider TÜV NORD announced that it had won a contract from Siemens Gamesa Renewable Energy (SGRE) to certify one of the largest offshore wind turbines in the world.The first of these new 10 MW turbines are expected to be ready for the market in 2022…
GROW, a consortium of Dutch offshore wind industry and research partners, and the Dutch Ministry of Economic Affairs and Climate Policy have signed a collaboration agreement to strengthen innovation in offshore wind.'Offshore wind energy is…
Subscribe
