Offshore drilling contractor Northern Drilling announced it has cancelled a resale contract for the 7th generation ultra deepwater drillship West Cobalt, which had been scheduled for delivery from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) in 2021…
Order delays, cancellations and decision-gate debates have been hampering Norwegian oilfield owners grappling with a vastly weakened currency and projects — like the not-on-time and not-on-budget, Martin Linge — that have burst budgets.While several fields have been made scaled back (Bauge…
Search teams continue to scour the Atlantic Ocean for traces of seven mariners still missing offshore tug supply vessel Bourbon Rhode, which sank near a category 4 hurricane in September, the vessels' owner said.'To date, the search operations…
Offshore energy support vessel (OESV) operator Seacat Services said it has commenced a long-term contract with Equinor, which will see three OESVs support the ongoing operations and maintenance (O&M) of the 88-turbine Sheringham Shoal Offshore Wind Farm in the UK North Sea…
As the oil and gas industry increasingly automates functions, one service company has focused on changing the focus from dumb iron to the cloud.Weatherford’s vision is to take its range of production tools and technologies to the next level by bringing them together with the basics of Industry 4…
Offshore drilling contractor Borr Drilling announced that Pål Kibsgaard has been formally appointed as the new Chairman of the Board.Kibsgaard will replace Tor Olav Trøim as Chairman, who will continue to serve as a Director and has been appointed as Deputy Chairman…
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…
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