Peterson Energy Logistics' unit 80:20 Procurement Services has recently won a contract with the oil company Total E&P UK, a subsidiary of the French oil giant Total.The contract scope of 80:20 includes general consumables and ad-hoc material supply…
U.S.-based offshore mooring services firm Delmar Systems on Monday announced the acquisition of the Dutch-based rival Vryhof, consisting of Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio…
Keppel Offshore & Marine has received an Approval in Principle (AiP) from classification society DNV for its AssetCare system, a suite of digital services to support the lifecycle needs of offshore and marine assets.The two companies have been…
Russian vessel Fortuna has started laying pipes for the Nord Stream 2 gas pipeline in German waters, the gas project said on Sunday, citing Germany's Waterway and Shipping Authority.Nord Stream 2, which runs on the bed of the Baltic Sea from Russia to Germany…
Blustery weather helped Britain to a wind power record in the early hours of Friday morning, provisional National Grid data showed.Between 0200 and 0300 BST Britain's wind farms provided a record 62.5% of the country's electricity demand, beating the previous best of 59…
Shell has hired Fugro to carry out geophysical and geotechnical site survey works over the Pensacola prospect in the UK North Sea, in preparation for the drilling of the Pensacola exploration well.The piece of news on the survey was shared by…
UK-focused oil company Tailwind has agreed to sell its entire working interest in the Conwy field, offshore the UK, to the Italian oil giant Eni.'Conwy has had an excellent safety and production record under Tailwind ownership but now the asset…
Brazilian oil company Petrobras has awarded offshore services provider Subsea 7 a 'very large' contract for the delivery of subsea equipment for the Mero 3 deepwater field development, offshore Brazil.A very large contract, according to Subsea 7…
Australia's BHP announced on Friday that it will divest its 35% stake in the Neptune field in the U.S. Gulf of Mexico to Houston-based EnVen Energy Corp. The financial terms of the transaction were not disclosed. BHP has operated the Neptune field for the last 10 years…
Oil prices jumped 2% on Friday after three days of losses, driven higher as a storm formed in the Gulf of Mexico, but were on track for a weekly fall as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress a nuclear deal…
Hecate Independent Power, a company chaired by Sir Tony Baldry, a former minister in the UK Department of Energy under Margaret Thatcher, on Friday announced plans to build a massive offshore wind project off the coast of Iceland that would…
Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro ($4.9 billion) offshore wind power project to cut emissions at Germany's most energy-intensive industrial site.As part of the project, which depends on more favorable legislation…
Swedish oil firm Lundin Energy has secured a drilling permit from the Norwegian Petroleum Directorate for an appraisal well in the North Sea, offshore Norway.Lundin will drill the well 16/1-34 S in the production license 167 using the Deepsea Stavanger semi-submersible drilling rig…
The U.S. government on Thursday forecast an above-normal 2021 Atlantic hurricane season, which is already off to an early start with a storm expected to form off Bermuda this week.The U.S. National Oceanic and Atmospheric Administration (NOAA) forecast between three and five major hurricanes…
Viking Supply Ships, a Swedish offshore vessel operator, said on Friday that activity in the offshore support vessel market remained sluggish in the first quarter of the year due to lower investment levels in the offshore oil and gas industry…
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