Subsea services provider DeepOcean informs it has been awarded a contract from Norwegian energy company Equinor to perform inspection, maintenance and repair (IMR) services in 2020.The contract has a duration of up to nine months work offshore…
Two Houston based firms have teamed up to provide offshore drilling rig surveys, engineering and manufacturing for rig modifications or upgrades.Marine engineering and naval architecture firm Zentech Incorporated said it has partnered with fabrication…
State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will fall short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman.Aramco priced its IPO at 32 riyals ($8…
State-run oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, making it the world's biggest flotation by raising more than Alibaba's $25 billion listing in 2014.Here are key events in the Saudi state oil giant's planned stock market debut…
The chief executive of Brazilian state-run oil firm Petroleo Brasileiro SA said on Friday it was too early to commit to a climate target and that energy companies had a range of thoughts on the matter.Asked if the firm would match a pledge similar…
Cyprus has petitioned the International Court of Justice (ICJ) in The Hague to safeguard its offshore mineral rights, its president said on Thursday, upping the ante with neighbor Turkey which disputes its claims.Cyprus's internationally recognized…
Big oil companies operating in Mexico have launched a drive to convince leftist President Andres Manuel Lopez Obrador to resume auctions of oil and gas contracts he has branded a failure in reviving the industry.Chevron Corp, Exxon Mobil Corp and Royal Dutch Shell Plc…
Vroon Offshore Services reports its Singapore-managed anchor-handling tug supply (AHTS ) vessel VOS Champion has started a five-month contract with a major international oil and gas engineering, procurement, construction and installation (EPCI) contractor…
Fugro reports it has completed the first deepwater autonomous underwater vehicle (AUV) site survey for Brunei Shell Petroleum Company Sdn Bhd (BSP).The survey was performed in August in water depths of 600 m using the Fugro Equator, a dedicated geophysical survey vessel…
Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for its design of a Jones Act service operations vessel (SOV).The AIP addresses a customized version of VARD 4 07 US SOV design, with primary functions including accommodation…
China plans to launch its long-awaited national oil and gas pipeline company on Monday, part of a sector-wide reform aimed at providing fair market access to infrastructure and boost investment in oil and gas production.Most of the country's…
Reaching some 9,023 meters from the Brage platform, the A36B well recently drilled by Wintershall Dea is the longest ever completed by the company in Norway. Around 200 meters longer than Mount Everest is tall, the well is also the longest ever drilled offshore by the company globally…
Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said in a statement on Friday.Saudi Arabia's state oil giant priced its initial public offering at 32 riyals ($8.53) per share on Thursday, raising $25…
Subsea services provider Rever Offshore has successfully completed a North Sea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy.The subsea project delivery and execution provider to the offshore energy industry…
Norwegian energy company Equinor has contracted Italian cable manufacturer Prysmian to supply the submarine inter-array cable system for the 816-MW Empire Wind project off the coast of New York.Prysmian will provide the 66kV insulated array…
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