As the year comes to a close it is interesting to examine some of the latest developments in the offshore and maritime markets in Brazil. Data from National Union of Marine and Offshore Construction and Repair Industry (SINAVAL) shows a number…
A new stationary drilling platform was commissioned on Monday at the Bulla-Deniz offshore field in Azerbaijani sector of the Caspian Sea.The platform was built by SOCAR Oil and Gas Construction Trust and projected by the in-house Oil & Gas Research and Design Institute…
Scotland's Kishorn Port Ltd (KPL) said it will host the world's largest semi-submersible offshore drilling rig, the 60,800-metric-ton Ocean GreatWhite, for preparation work ahead of a drilling contract in the North Sea early in 2019.The Diamond…
Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected despite neighboring Venezuela's navy stopping two seismic survey vessels the company had hired.The closest of 10 oil finds Exxon has…
Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade…
Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid an OPEC-led effort to tighten supply.Crude has been caught up in wider financial market weakness as the U…
The next offshore wind innovation site in the Netherlands will feature two V164-9.5 MW turbines from MHI Vestas, the 5th Dutch offshore wind park for the wind turbine supplier.MHI Vestas Offshore Wind, in signing a firm order with Two Towers Consortium for the Borssele V Offshore Wind Farm…
The seabed-to-surface engineering, construction and services contractor Subsea 7 has announced the award of a sizeable SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico.Project execution…
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country's first exploration licensing round, its energy ministry said.The interest is a major vote of confidence in Ghana…
Alexander Oboronkov leapt at the chance to work on the Filanovsky platform after it was launched in 2016, keen to see Russia's largest Caspian Sea oilfield in action.The Filanovsky oilfield, along with the nearby Korchagin and Rakushechnoye fields…
Rowan Companies plc announced Monday it has secured a new contract for the jackup rig Ralph Coffman and a contract extension for another jackup Joe Douglas.The Ralph Coffman, a 240-C Class harsh environment jack-up rig, has been awarded a 180…
Marine geophysical company Polarcus Limited announced Monday that its subsidiaries have entered into a memorandum of agreement with Sovcomflot GEO (SCF GEO), to provide 4D marine seismic acquisition services in the Far East for a major exploration and production company…
Oil fell on Monday, in line with another decline across global stock markets, which came under pressure from concern about a U.S. government shutdown and a worsening world economy.The price of oil has already fallen by more than 30 percent so…
Venezuela's navy 'intercepted' a ship exploring for oil on behalf of Exxon Mobil Corp in Guyanese waters over the weekend, Guyana's foreign ministry said in a statement, while neighboring Venezuela said the incident occurred within its territory…
Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm…
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