Marine geophysical firm PGS and artificial intelligence (AI) software-as-a-service (SaaS) company Cognite are teaming up in an effort to make seismic survey vessels work better, faster and more efficiently.Venturing into a new area of the energy sector…
Eddyfi/ND, on non-destructive testing specialistd+ providing services for energy, mining, transportation industries announced today the acquisition of the subsea inspection company Halfwave, headquartered in Bergen, Norway. Halfwave is the owner…
Australia's Cooper Energy has said that the production of gas from its Sole gas project is set to begin later in February, with full production aimed for March.The company said Tuesday the Sole Gas Project had passed a critical milestone with…
The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…
Romania's Romgaz said it has agreed with OMV Petrom and Poland's PGNiG to make a joint offer for Exxon Mobil's 50% stake in a long-stalled offshore natural gas project in the Black Sea if the U.S. company decides to sell.State-owned Romgaz would…
Lundin Norway has received regulatory consent from the Norwegian Petroleum Directorate to drill an exploration well in the License 609 in the Barents Sea.Lundin will use the West Bollsta semi-submersible drilling rig for the operation. Lundin operates the block with a 40 percent ownership…
Solstad Offshore has terminated three AHTS bareboat charter agreements with SFL Corporation.Solstad said that the three medium-size vessels Sea Cheetah, Sea Jaguar, and Sea Leopard, would be handed back to SFL - ex-Ship Finance Internation - during the first quarter of 2020…
Indonesia's state-owned oil and gas company PT Pertamina signed a framework agreement with Malaysia's Petronas to sell and buy crude this year, Pertamina said in a statement on Tuesday.The agreement is a follow up to their plan last year to swap crude…
Malaysian offshore services provider Alam Maritim has been awarded a vessel contract by Petronas Carigali.Under the contract, announced Tuesday – but awarded in December 2019 – Alam is providing an anchor handling tug and supply vessel for the Malaysian company…
In a move that might make some nervous, the United States — through its “strategic” investment arm, the newly enlarged International Development Finance Corporation — has announced plans to invest USD 1 billion on unspecified European energy projects…
Gigastack, a project designed to create renewable hydrogen from offshore wind at industrial scale, has been awarded GBP 7.5 million funding for the second phase of the project.Led by ITM Power, Ørsted, Phillips 66 Limited and Element Energy…
UK-based well services and oilfield equipment rental company RMEC has expanded its total headcount to 43, on the back of a recent six-figure sum investment in its on-site test bay facilities.RMEC said this week the investment was aimed at maximizing…
Petrofac Emirates, a subsidiary of the UK oilfield services company Petrofac, has signed two contracts worth $1.65 billion with Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates to deliver offshore platforms and gas processing facilities…
Malaysian oil and gas giant Petronas has said that its second FLNG Unit, the PFLNG Dua, has set sail from South Korea, and is on its way to the Rotan gas field, offshore Malaysia.The journey, which started from the Samsung Heavy Industries yard in Korea…
Article updated to add more info on the scope of workOffshore vessel supplier DOF Subsea has found work for its Geosea vessel outside of the offshore energy sector.The 84.8 meters long vessel has been awarded a contract with N-Sea, with the end client being the Royal Netherlands Navy…
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