Energy companies are betting demand for natural gas will rise at break-neck pace for decades, undermining warnings that tackling climate change would require a rapid switch to renewable energy.Top oil companies including Royal Dutch Shell, BP…
Belgian dredging, environmental and marine engineering group Dredging, Environmental and Marine Engineering NV (DEME)'s Board of Directors announced that with effect from January 1, 2019 Luc Vandenbulcke will succeed Alain Bernard as the company’s CEO…
The Danish cable manufacturer NKT has received a letter of award by Equinor Energy AS to supply and install a cable system of 200 kilometres of 80 kV high-voltage DC offshore power cables for the second phase of the Johan Sverdrup oil field development project in Norway…
Thailand-based offshore vessel provider Mermaid Maritime has picked up a sub-sea services contract in the Middle East, the company said in a stock exchange announcement.Mermaid said that the contract, which was awarded to the company’s Middle…
Equinor has reduced the estimated investments for operated projects in the development phase on the Norwegian continental shelf by some NOK 30 billion ($3.6 billion) since the development plans were submitted to Norwegian authorities.This appears…
Petrofac’s Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services for an international oil company client in Iraq.Under the agreement, which is worth approximately US$50 million…
Gazprom and the Zvezda Shipbuilding Complex (SSС Zvezda) signed in St. Petersburg the construction contracts for four vessels.The signing took place at the Offshore Marintec Russia 2018 International Specialized Exhibition and Conference showcasing…
Government invests $6.55 million to help the UK Hydrographic Office and partner bodies on Geospatial Commission maximize the value of location-based information.Location-based information or geospatial data, is an increasingly valuable tool for businesses and public-sector organisations…
ABP’s Port of Lowestoft has welcomed its newest customer, World Marine Offshore (WMO), as part of the company’s UK-based project to support ScottishPower Renewables’ East Anglia ONE offshore wind farm.In support of the contract, ABP has provided…
Seabed Geosolutions’ Ocean Bottom Seismic & Manta OBNThe acquisition of seismic data using nodes placed on the sea floor, Ocean Bottom Seismic (OBS) and its use in deep water with Ocean Bottom Nodes (OBN) have been growing rapidly in recent…
Norwegian supply shipping company DOF ASA said its vessel Skandi Hav has been granted a 226-day extension by Petrobras in support of work offshore Brazil.The 1983-built Skandi Hav is now secured firm until June 8, 2019.The vessel is currently…
C-Innovation, LLC (C-I), an affiliate of Edison Chouest Offshore (ECO) and its family of companies, said it has opened a new dock facility in Port Fourchon, La., to expand the capabilities of its Subsea Services group.The new facility is located…
Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 10 platforms as Hurricane Michael intensified and headed for a path up the eastern U.S. part of the Gulf.BHP Billiton, BP, Equinor and…
Norweigan state-oil company Equinor on Monday evacuated personnel from its Titan oil platform in the U.S. Gulf of Mexico ahead of Hurricane Michael, a spokesperson for the company said.Other Gulf of Mexico producers, including BP and Exxon Mobil…
Italy's Eni has agreed to buy half of BP's 85 percent stake in a Libyan oil and gas licence with the aim of resuming exploration next year, the companies said on Monday.Eni will acquire the 42.5 percent stake and become the operator of the exploration…