The U.S. House of Representatives on Wednesday passed a bill to ban offshore oil and gas drilling off Florida, the first of three measures it is considering, which would also ban drilling off the Pacific coast and in Alaska's Arctic National Wildlife Reserve…
Oilfield services company Weatherford announced it has secured an $87 million contract for fishing and intervention services with Brazilian-based multinational corporation Petróleo Brasileiro S.A., more commonly known as Petrobras.Weatherford…
General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of the U.S industrial conglomerate's stake in the oilfield services provider to less than 50%, Baker Hughes said on Tuesday…
Aker Solutions' new integrated approach to subsea field design aims to accelerate field development and maximize performance through the life of the field. Jonathan Minnitt, the company's Senior Manager, Business Development, Europe & Africa, explains.
Mexico's government will give state-owned Pemex $5 billion so the world's most indebted oil company can pay off bonds, part of a plan to shore up accounts that also includes refinancing other bonds, the company said on Wednesday.Pemex, burdened by some $104 billion of debt…
Spain's Repsol believes it can start producing oil at the Norwegian Yme oilfield in the first half of next year, a partner in the field said on Wednesday.'Repsol, the operator of the field, is confident that Yme could start production in the first half of 2020…
Marine seismic surveyor SeaBird Exploration said it has been awarded a contact to acquire 2D seismic data in the Australasia region. The survey is due to commence during the fourth quarter of 2019 and is estimated to run for approximately three to four months plus mobilization…
Norway's Aasta Hansteen field, which exports gas to Britain and other European countries, has on several occasions produced more than its maximum level, pipeline operator Gassco and operator Equinor told Reuters.Located in the Norwegian Sea…
Trendsetter Engineering has been awarded a contract for the design, qualification and delivery of a 20,000 psi (20K) hydraulic intervention connector by HWCG, the Houston-based oil and gas service company announced.HWCG is a consortium of deepwater…
Shares in Gulf Marine Services were expected to fall about 10% in early trading on Wednesday after the oilfield industry contractor said the publication of its first-half results would be delayed.Gulf Marine, which was expected to report results on Wednesday…
Gazprom Neft, the oil arm of Russian gas giant Gazprom, said on Wednesday it had resumed oil production at the Prirazlomnoye offshore Arctic field on September 7 after planned maintenance.The Prirazlomnoye field was halted on August 8 for maintenance…
Under a new agreement, subsea products and services firm Forum Energy Technologies will provide global sales, distribution and support of Olis Robotics' remotely operated underwater vehicle (ROV) controllers for the offshore energy market, the mobile and remote robotics software company said…
Turkey’s Cemre Shipyard has contracted Dutch equipment supply company Pronomar to equip two service operation vessels (SOVs) ordered by Louis Dreyfus Armateurs for Ørsted with drying systems for the workwear of the technicians.The first of the two vessels…
Danish power company Ørsted has announced the production of first power on the second phase of Formosa 1 offshore windfarm in Taiwan.The first commercial-scale offshore wind farm in Taiwan began flowing power, with six of the 20 Siemens Gamesa…
Vroon Offshore Services (VOS) said that its subsea-support vessel VOS Sugar has again been operating in close cooperation with its partner Bluestream, working together for the third year in succession on a Southern North Sea Inspection campaign…
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