Norwegian offshore seismic data firm TGS has completed an additional phase of the Santos Basin 3D Multi-Client seismic survey in Brazil. 'The survey is located south of the high-profile discoveries in the Santos Basin and the recent sought-after blocks offered in Rounds 15 and16…
Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains.Producers had evacuated 182 offshore facilities and shut in about a third of oil and gas production in U…
Norwegian offshore vessel provider Havila Shipping has said that Shell has cut the contract for the Havila Crusader platform supply vessel early.The vessel was chartered from January 18, 2020, for a period of 2 wells firm in the UK, when, according to Havila Shipping…
Currently under construction at Cheoy Lee Shipyards' Hin Lee (Zhuhai) Shipyard facility are two 27-meter wind farm support vessels (WFSV) to support operations and maintenance of the Akita and Noshiro offshore wind farms, in the Akita Prefecture region of Japan…
Offshore drilling company Awilco Drilling has terminated an offshore rig construction deal with Keppel, citing a breach of contract.Awilco said Monday that its subsidiary Awilco Rig 1 (AR1) had notified Singapore-based Keppel FELS that it had…
Wärtsilä said it secured an order to supply its emissions abating volatile organic compounds (VOC) recovery system, together with an liquefied natural gas (LNG) fuel gas supply system, for two new 124,000 DWT shuttle tankersordered by Knutsen NYK Offshore Tankers (KNOT)…
Norway's parliament has agreed to give additional tax breaks to the oil industry on top of those proposed by the minority government in a bid to spur investment and protect jobs, the ruling Conservative Party said on Monday.Equinor and other oil firms…
U.S. oilfield services company Weatherford has said that Mark A. McCollum, President, Chief Executive Officer, and a director, has left the company, effective immediately. McCollum, an executive with four decades of experience in the oil and gas industry…
Norway's subsea pipeline repair and tie-in solutions provider Connector Subsea Solutions (CSS) has completed the acquisition fo Isotek Oil and Gas for an undisclosed fee.CSS said the purchase would bring Isotek’s remote welding technology to…
Offshore construction and installation company McDermott has said it has completed the Pan Malaysia Transportation and Installation Projects for Sarawak Shell Berhad and SapuraOMV, located offshore Miri, Sarawak.Awarded in November 2018, the…
Norway, Western Europe's largest oil producer, has no plans to modify its existing plans for production cuts, following the OPEC+ group's agreement to extend a deal on record output cuts to the end of July, the oil ministry said on Monday.On Saturday…
The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected twelve projects for contract negotiation, completing its first solicitation for offshore wind research and development technology projects. The twelve awards totaling $10…
Oil and gas company Red Emperor Resources NL will not be exercising its option to acquire a 70% operated interest in the Perth Basin exploration permit, WA-481-P, offshore AustraliaThe company had in late 2019 agreed to fund the completion of…
BW Offshore has received a notice from Petrobras extending the lease and operation agreement of BW Cidade de São Vicente with 120 days. With the extension, the contract is now set to expire on October 9, 2020.BW Offshore has started planning…
Russia lowering its direct stake in top oil producer Rosneft will not alter its exposure to U.S. sanctions, a U.S. Treasury spokesman told Reuters.State holding company Rosneftegaz has lowered its 50.33% direct stake to 40.4% with subsidiary RN-NeftKapitalInvest taking 9…
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