Norway's TGS, a supplier of seismic data to the global oil industry, reported record third-quarter revenues on Tuesday, beating both its own and analysts' forecasts, the company said.So-called net segment revenues hit $277 million for the July-September period…
MHI Vestas Offshore Wind, a joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries, has been selected as the preferred supplier for the Groix & Belle-Île floating offshore wind project in France.At a royal signing ceremony today in Paris…
The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020.Lease Sale 254, which would include all unleased areas in…
Danish offshore vessel owner Maersk Supply Service has secured a one-and-a-half-year contract with Blue Marine Group to support Pemex from subsea support vessel Maersk Installer.Joining Maersk Implementer, the vessels will assist the national…
Switzerland-based geotechnical data acquisition company Geoquip Marine said that its DP2 multi-purpose offshore support vessel, the Geoquip Saentis, has completed its first geotechnical campaign in the North Sea.Operations involved drilling…
Perth-based company Transborders Energy has entered a Joint Study Agreement (JSA) to work with Japan's Mitsui OSK Lines (MOL) to together continue the development of its Floating LNG (FLNG) Solution and to pursue its deployment on a range of stranded offshore gas resource opportunities…
Shelf Drilling, the international shallow water offshore drilling contractor, announced that it has secured contract extensions for four of its jack-up drilling rigs.The drilling contractor with rig operations across Middle East, Southeast Asia…
U.S.-based Chevron Corp said on Friday it signed an agreement with a unit of Royal Dutch Shell to buy a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation's energy reform.The deal…
Qatar Petroleum has assumed operatorship of the Idd el-Shargi North Dome and South Dome offshore oilfields, the company said in a statement.Development and production sharing agreements with Occidental Petroleum of Qatar Ltd. for both oilfields expired on Oct…
UK focused independent upstream oil and gas company Jersey Oil & Gas said it has awarded contracts to consultancy Rockflow and services company Petrofac to support the Greater Buchan Area (GBA) development in the North Sea.Rockflow will provide subsurface evaluation support…
The Turkish drillship Yavuz will begin drilling for oil and gas southwest of Cyprus on Monday or Tuesday, Energy Minister Fatih Donmez said, in a move which has intensified tensions between the two countries.Ankara said on Thursday it had sent…
Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs.Sete, which leased oil rigs to Brazil's state oil firm Petroleo Brasileiro SA (Petrobras)…
Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday.The government has also raised its estimate…
Southeast Asian independent oil and gas exploration and production player Interra Resources said has started drilling its first onshore well in the onshore/offshore Kuala Pambuang block, in southern Central Kalimantan, Indonesia, where seismic…
Neodrill's CAN well foundation has been proven to cut well construction time, costs and environmental impact, while also reducing risks and improve safety during conduct or running operations.
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