A decommissioned North Sea offshore platform, soon to be turned into a giant art installation, arrived in Weston-super-Mare, England, on Tuesday, 12 July, BBC has reported.Last year, Weston-super-Mare, a seaside town in Somerset was selected as home to the installation…
Oslo-listed offshore drilling contractor Shelf Drilling has taken delivery of the Deep Driller 7 jack-up drilling rig.Shelf Drilling bought the rig from the Indian offshore drilling firm Aban Offshore. The deal was first announced in mid-June…
Norway-based Kongsberg Maritime’s Sensor and Robotics division said Wednesday it had secured over NOK 450M (~$44 million) in contracts for HUGIN autonomous underwater vehicles (AUV) in the second quarter of 2022. 'The order income consists of…
Africa-focused Tullow Oil said on Wednesday it expected to make $200 million in free cashflow this year at an average oil price of $95 a barrel, adding that it sees no cashflow in the first half after an arbitration payment and an acquisition…
Offshore Operations Limited (OOL), provider of operational and technical support services to the offshore renewables industry, and part of the CSO Marine Group, has launched a full-service crew management offering.OOL will provide turnkey crew…
Oil and gas company OMV has awarded a charter contract to Australia's MMA Offshore for the MMA Leeuwin platform supply vessel.MMA Offshore will deploy the platform supply vessel to provide drilling support services for OMV in the Taranaki Basin…
A trio of new low-carbon technologies could create 26,000 new UK energy jobs by 2030, according to Robert Gordon University research commissioned by Offshore Energies UK (OEUK).Many of the new jobs would be in coastal communities stretching around the UK…
Serbia, which is fully dependent on Russian gas supplies, plans to purchase gas from Azerbaijan in 2023 when it expects an interconnector to Bulgaria's pipeline to be completed, Serbia's energy minister said on Tuesday.'We are currently talking…
The Anna Nery FPSO, bound for Petrobras' Marlim offshore field in Brazil, last Friday left the Cosco Qidong shipyard in China, marking the start of its journey to Brazil.The FPSO, to be provided to Petrobras by Malaysian FPSO provider Yinson…
Gas leaks were reported at Equinor's Sleipner offshore field on Monday, leading to the shutdown of parts of the gas field located in the North Sea, offshore Norway.According to Equinor, on Monday morning, gas leaked in a contained area related…
Cash-strapped offshore construction company Lamprell said Tuesday it had received a combined non-binding indicative all cash offer from Blofeld and Al Gihaz for the acquisition of all remaining Lamprell shares. The Blofeld and Al Gihaz have a combined shareholding of 44…
Shares in Italy's Saipem fell as much as 40% on Tuesday after investors subscribed for only 70% of its 2 billion euro cash call, signaling limited confidence in the turnaround plan for the Italian energy services group.Saipem said on Monday it had raised around 1…
British lawmakers approved a 25% windfall tax on oil and gas producers in the British North Sea on Monday, which the government says will raise 5 billion pounds ($5.95 billion) in one year to help people struggling with soaring energy bills…
Mexico's state-owned oil company Pemex plunged deeper into so-called junk status on Monday after a major credit rating agency downgraded its long-term debt by one notch.Moody's Investors Service cut Pemex's credit rating to B1 from Ba3, or four notches into the agency's speculative status…
Dutch offshore surveys services company Fugro has signed a contract with Kooiman Engineering and Van Oossanen Naval Architects for the naval design of Blue Prism, Fugro’s next generation of uncrewed surface vessels (USVs).Engineered for operations in both coastal and offshore environments…
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