DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the 'Owner’s Engineer' for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore…
BP Chief Executive Bernard Looney's remuneration was 1.735 million pounds ($2.4 million) in 2020 after it scrapped all bonuses during his first year in office due to the pandemic, the energy group said in its annual report.Looney's pay included 1…
Just days after exercising a one-well option for Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig, Norway's oil and gas firm Equinor has exercised another one.The offshore drilling company said Monday: 'Further to our press…
Germany's Greens have enshrined in their election programme plans to abolish the contested Nord Stream 2 pipeline to ship Russian gas to Europe's biggest economy, creating a hurdle to a potential alliance with the conservatives.Chancellor Angela Merkel's conservatives…
Malaysia's Sapura Energy has said its President and Group CEO Tan Sri Shahril Shamsuddin was retiring Monday, after leading the Group for more than 25 years. He will be succeeded by Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021…
Austrian oil and gas company OMV has secured regulatory consent to drill an offshore well at the Ommadawn prospect in the North Sea, offshore Norway.Norway's offshore safety body the Petroleum Safety Authority Norway said Friday it has given…
Wagenborg Offshore said it has taken its third walk-to-work (W2W) vessel into service. The converted Keizersborg is used as a standby vessel for inspection and maintenance of unmanned platforms in both Dutch and British waters of the southern North Sea…
Australian firm BHP, working to develop the deepwater Trion oil field offshore Mexico, has selected the offshore engineering firm DORIS to continue into the next phase of Trion’s engineering work, related to subsea umbilicals risers and flowlines…
Dutch-based geo-data specialist Fugro said its supervisory board has nominated Barbara Geelen for appointment as member of the board of management and chief financial officer. She will succeed Paul Verhagen, who is slated to step down as Fugro CFO at the upcoming general meeting of shareholders…
U.S. offshore vessel operator Harvey Gulf Subsea Solutions said Monday it had won a contract with the U.S. Navy for its Harvey Deep Sea vessel. The contract is valued at four million dollars.Under the agreement, Harvey Gulf Subsea Solutions will provide the Harvey Deep Sea for ROV Support…
U.S. offshore vessel operator Hornbeck Offshore, normally providing services to the offshore oil and gas industry, has now won a contract with the U.S. Navy.The company last week won a $7,510,000 firm-fixed-price contract with reimbursable elements for the long-term charter of the U…
Italian energy industry services provider Saipem said Monday it had received a Letter of Award from Qatargas for a new contract worth over one billion U.S. dollars, related to the North Field Production Sustainability Pipelines Project located…
Offshore drilling contractor Vantage Drilling has received court approval for a previously proposed deal which entails Vantage managing some of the rigs owned by Seadrill Partners.Vantage said Friday it had has entered into a Framework Agreement…
Norwegian oil company Aker BP has exercised the second one-year option for the extension of the contract for Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig.The extension will begin after the expiry of the first optional period in June 2022…
India's Mangalore Refinery and Petrochemicals Ltd has bought its first-ever cargo of Brazilian Tupi crude oil in a tender, two industry sources said on Monday.The 1-million-barrel cargo was sold by Royal Dutch Shell for May delivery, he added…
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