Maxlimer, a 12-meter uncrewed surface vessel (USV) owned by SEA-KIT returned to Plymouth, England on Friday after 22 days of remote survey operations on Europe’s continental margin.The project has been dubbed a major achievement for the British…
Offshore geotechnical services company Benthic will be deploying a remotely operated seabed drilling system off Brazil, as part of a contract awarded by the Brazilian national oil company Petrobras.Petrobras has hired Benthic to carry out geotechnical…
Turkey has found significant gas resources in the Black Sea, two Turkish sources said, a discovery which could help the country cut its dependence on energy imports if the gas can be commercially extracted.President Tayyip Erdogan told energy…
Brazilian oil company Petrobras has signed a letter of intent with Malaysia's MISC Berhad for the chartering and services of an FPSO to be deployed at the Mero 3 development offshore Brazil.The FPSO to be named Marechal Duque de Caxias will be installed in the Mero field…
Norwegian offshore engineering and construction firm Aker Solutions said Friday its offshore wind and carbon capture subsidiaries had raised NOK 500 million each in private placements.Aker Solutions in July said it would spin off its wind development…
The well intervention market is a niche one, with only a few main players – including Helix/Well Ops, Island Offshore, AKOFS Offshore and Siem Offshore – and only three key geographical regions; Northwest Europe, South America and the US Gulf of Mexico…
AIM-listed oil and gas company United Oil & Gas has been assigned Tullow's interest in the Walton Morant Licence, offshore Jamaica, and it now holds a 100 percent stake.UOG said Monday the Jamaican Government had assigned it Tullow Jamaica Ltd's…
Oil major Chevron Corp expects to reduce the dominance of white males in company management during cost-cutting this year, upping the share of senior level jobs held by women and ethnic minorities to 44% from 38% last year, the company said in a statement…
Gas flow has resumed via the Nord Stream pipeline in the Baltic Sea, carrying Russian gas to Germany, after completion of annual maintenance works.Nord Stream AG, the company running the pipeline, said this week that all planned maintenance works on the twin-gas pipeline were completed on time…
U.S. oil and gas producer Hess Corp reported a bigger quarterly loss on Wednesday, hurt by lower oil prices as the COVID-19 pandemic sapped global energy demand.Crude prices sank to historic lows in April as economic activity plummeted across…
Exxon Mobil Corp reported a $1.1 billion loss for the second quarter on Friday, the first back-to-back quarterly loss for the U.S. oil giant in at least 36 years.Exxon stood out among its supermajor peers for not taking a large writedown on…
Production efficiency on the UK Continental Shelf (UKCS) has improved for the seventh consecutive year and for 2019 reached 80%, three years ahead of the 2022 target, the UK Oil and Gas Authority (OGA) said Thursday.Production efficiency is…
Mediterranean shiprepair facility Gibdock reports it completed a two-vessel drydocking and maintenance and repair project for Shearwater GeoServices.The Gibraltar-based repair and conversion specialist worked on the seismic research vessels Oceanic Sirius…
London-listed oil and gas company Energean has named Kimberley Wood and Andreas Persianis as Independent Non-Executive Directors.Wood replaces Ohad Marani, who has stood down from the board and joins the board of Energean's subsidiary Energean…
BBC Onyx multipurpose heavy-lifter has arrived in Taiwan carrying the first batch of foundation components for the Formosa 2 offshore wind farm.'Formosa 2 offshore wind farm loaded-in the first set of foundation components, including pin piles…
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