Longitude, the engineering and design branch of LOC Group, has appointed James Sugden as head of the Marine Systems Engineering team.Longitude said the appointment expands the company’s expertise in the design and engineering of marine systems on ships…
Offshore oil and gas services company Three60 Energy has won a contract to deliver duty holder services for oil firm DNO's two assets in the UK Continental Shelf.Three60 will, under what is the first Duty Holder contract for the company, provide…
MAN Energy Solutions will supply five radial compressor and two screw compressor trains for the Bacalhau FPSO, under the contract with the Japanese FPSO specialist MODEC.The compressor trains will be installed aboard the FPSO that will be used to produce oil for Equinor at the Bacalhau field…
Norway's Equinor aims to become a net-zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, the energy producer's new chief executive said as he took office on Monday.Anders Opedal…
Offshore accommodation rig provider Prosafe said Monday it has won a contract to supply one of its flotels for work with ConocoPhillips in Norway.Prosafe, which has this year seen its fleet utilization decimated due to the pandemic, said ConocoPhillips'…
Chevron on Friday reported an adjusted third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.Chevron and its peers have slashed spending budgets this year on plummeting demand and crude oil…
Oilfield services firm Weatherford has said it has helped an unnamed U.S. Gulf of Mexico operator achieve 'an industry first.'Weatherford said that its Shallow Angle QuickCut System successfully achieved the industry’s first 12 ¼-in. casing sidetrack…
Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…
Up to a quarter of the active floating drilling rig fleet - drillship and semi-submersibles - could be scrapped, as the demand, which had never recovered from the previous downturn, is now expected to remain under pressure 'until 2022,' Rystad Energy…
China's CNOOC has started production from its Bozhong 19-6 condensate gas field pilot area development project in the Bohai Bay, offshore China.That Bozhong 19-6 condensate gas field pilot area development is located in the central Bohai with an average water depth of approximately 23 meters…
Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…
Oil and gas company Wintershall Dea has received regulatory consent from the Norwegian Petroleum Directorate to start up its Dvalin gas field in the Norwegian Sea.Dvalin is a subsea tieback in the Haltenbanken area of the Norwegian Sea linking an underwater template to Equinor's Heidrun platform…
Turkey may cooperate with foreign firms to bring online its giant gas find in the Black Sea, made in August this year.As reported by Reuters, the country's energy minister Fatih Donmez said on Thursday that Turkey would operate the gas field…
Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their maritime border running through potentially gas-rich Mediterranean waters.The U.S.-mediated talks follow…
Malaysian oil and gas giant said Thursday it was investigating the cause behind the incident that happened earlier this week when the Dayang Topaz offshore vessel crashed into its platform at the Baram field, off Sarawak.'A thorough assessment of the platform structures is being carried out…
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