Sparrows Group said its US business has become the first company in the US to be certified as a Recognized External Specialist by the American Bureau of Shipping (ABS) for Dropped Objects Risk Inspection and Program Audits.Sparrows has provided…
A developmental drilling program in the producing Manora field offshore Thailand has been completed ahead of schedule, project partner Tap Oil announced on Tuesday.The first of the three wells was spudded on July 9 by the Ensco 115 jack-up drilling rig…
Xervo by SH Group, the producer of the approved conventional NORSOK lifeboat systems, The Boat-In-A-Box davit system, said it has signed a contract for the first option with Awilco Drilling. Like the first order, the option includes the delivery…
Frederik, Crown Prince of Denmark, will inaugurate Vattenfall’s next and largest offshore wind farm (OWF), Horns Rev 3, in the North Sea on 22 August.The European energy company said in a press note that Horns Rev 3 offshore wind farm is ready…
London-based multinational law firm Linklaters has advised Green Investment Group (GIG) on the acquisition of a 40% stake in Iberdrola’s Scottish Power Renewables’ 714MW East Anglia One offshore wind farm.Once commissioned in 2020, it will be one of the world’s largest wind farms…
Brent crude oil futures rose above $60 a barrel on Wednesday after industry data showed a larger-than-expected drop in U.S. crude inventories, but lingering worries about a possible global recession capped gains.Brent crude had gained 26 cents…
U.S. oil major Exxon Mobil has hired investment bank Jefferies to sell the stakes it holds in oil and gas fields off the Norwegian coast, which could fetch up to $4 billion, banking sources said.Exxon said in June that it was looking to test market interest for its Norwegian upstream portfolio…
Two providers of subsea and well intervention solutions, China based offshore and subsea solutions company COOEC Offshore and oilfield services company Expro, have formed an alliance agreement to expand capabilities and resources.COOEC Offshore…
In a bid to maintain production rates but with less outlay, operators have been looking closer to home. Reducing costs and increasing efficiency have been high on the agenda. Should well intervention be higher?Well intervention, which can help increase production or restore shut-in wells…
ExxonMobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.The world’s largest publicly traded energy company has held talks…
Talos Energy, the oil and gas company focused on offshore exploration and production, participated in five drilling projects in the second quarter with a capital program front-loaded in the first half of 2019.Talos Energy also said that it…
State-run Korea National Oil Corp (KNOC) is considering upping the stake it is planning to sell in its British unit Dana Petroleum after failing to lure a buyer for the 30% previously on offer, banking and industry sources said.KNOC had hired…
At the end of last week, Vroon subsea-support walk-to-work unit VOS Start arrived in IJmuiden after almost two years engaged in operations for offshore renewables client MHI Vestas Offshore Wind (MVOW).The Netherlands-flagged vessel commenced duties for MVOW in August 2017…
Azerbaijan Caspian Shipping Company (ASCO), the largest and oldest shipping company on the Caspian sea, informed that works on laying pipes in the Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea are under way.“Aura”…
Williams, the provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks, acquired a deepwater natural gas pipeline system that connects offshore output to its Mobile Bay processing plant…
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