The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a wildcat drilling permit for well 25/7-7, to be drilled from the Leiv Eiriksson drilling facility.The area in this license consists of parts of blocks 25/7 and 25/10…
Malaysia's Floating, Production, Storage and Offloading (FPSO & FSO) service provider Yinson Holdings Berhad said that it has secured a two-month extension for its Lam Son FPSO for operations within the Lam Son field, offshore Vietnam.'The…
Indian multinational oil and gas company, Oil and Natural Gas Corporation (ONGC) awards driller contracts for pair of units off west coast.Dubai-headquartered offshore driller Shelf Drilling has been awarded contracts for two of its jack-up rigs with ONGC for operations in the Mumbai High…
ION Geophysical and iSEISMIC have signed a memorandum of understanding to collaborate on seabed acquisition technologies.iSEISMIC, an ocean bottom seismic (OBS) acquisition specialist, plans to utilize the full suite of ION’s next generation…
Norwegian offshore shipping company GC Rieber Shipping (RISH) has agreed with Nexans Skagerrak AS, a wholly owned subsidiary of Nexans Norway AS, to enter into a ship management agreement for the cable laying vessel Nexans Skagerrak.The agreement…
London-based, independent oil and gas company Tower Resources Plc has sighed with relief after the repayment of its $750,000 short term loan facility was extended to August 31 this year to enable the company finalize arrangements for the drilling…
Trendsetter Vulcan Offshore (TVO) has contracted with independent oil and gas company Tamarind Resources to provide its next-generation Wellhead Fatigue Mitigation Systems for deployment offshore New Zealand. The new system alleviates the impact of modern…
Occidental Petroleum Corp , which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% drop in quarterly profit on Wednesday, as costs related to the deal and weaker chemical earnings hit its bottom line…
U.S. oil and gas producer Apache Corp reported a 78.6% fall in second-quarter adjusted profit on Wednesday, hit by lower prices of oil, gas and natural gas liquids (NGL) and higher operating costs.The company reported a 43.6% fall in natural…
Maritime Developments (MDL), a provider of back-deck equipment for the subsea sector of oil and gas industry, has been awarded a contract to supply a complete pipelay spread and personnel for a flexible installation offshore Equatorial Guinea…
Continuing their ambitious growth plans for 2019, global provider of disruptive wireless subsea internet of things technology, WFS Technologies, has appointed a new Chief Technology Officer to drive its evolving product portfolio and software development roadmap…
Oilfield services company Halliburton announced on Wednesday the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin offshore Brazil.The two-year and six month contract will provide drilling…
Hess Corp reported a smaller-than-expected quarterly loss on Wednesday, helped by lower exploration costs and a surge in output in its Bakken shale and Gulf of Mexico assets that also prompted the company to raise its 2019 production forecast…
US-based Teledyne Marine said it has opened a Vehicles Service Center at the Teledyne Reson office in Slangerup, Denmark.The expanded facility in Slangerup will support the large number of LBVs, vLBVs, and Z-Boats throughout Europe, the company said…
Baker Hughes, General Electric Co's oilfield services arm, reported a better-than-expected quarterly profit on Wednesday, helped by higher activity in LNG markets and rise in international demand for oilfield services.Revenue from the company's oilfield services segment…
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