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Eni Allegedly Tried to Sway Witness in Nigeria

Jul 18, 2019

Officials from Eni sought to convince a witness, a former Eni manager, to withdraw some statements he made during investigations into a Nigerian corruption case involving the Italian oil group, a court heard on Wednesday.Prosecutor Fabio De Pasquale made the comment in a trial hearing into the case…

Heerema Signs On Vineyard Wind Project

Jul 12, 2019

Dutch offshore contractor Heerema Marine Contractors said on Friday it has been assigned to help build the first and largest commercial offshore wind farm in the United States.Situated 14 miles off the coast of Massachusetts, the 800-megawatt…

North Sea Capital Making Inroads

Jul 15, 2019

It might be peak IPO season (Forbes), and technology investors may be looking elsewhere (say fintech), but two years of venture capital investments in the North Sea are rounding on stranded North Sea value.The old investor pattern of looking…

MacGregor Cleared to Buy TTS Unit

Jul 15, 2019

Marine and offshore equipment and services form MacGregor announced on Monday it has received a clearance decision from the Chinese competition regulator, SAMR, for the company’s acquisition of the marine and offshore businesses of TTS Group ASA…

Maersk Firm to Buy Wind Turbine Supplier

Jul 10, 2019

A.P. Moller Holding, which controls Danish shipping giant A.P. Moller-Maersk will acquire Danish wind turbine supplier KK Group, it said on Wednesday, in a first step into the renewable energy industry.The acquisition marks a new direction for the family-owned company…

Santos Posts Record Production in Q2

Jul 17, 2019

Australia's No 2 independent gas producer Santos Ltd said on Thursday it had clocked record gas production in the second quarter on stronger output across its Western Australia gas assets.Production for the three months to June 30 rose to 18…

Total Fined for North Sea Chemical Discharge

Jul 09, 2019

Denmark has fined French oil and gas major Total 500,000 Danish crowns ($75,145) for the discharge of chemicals in the North Sea by a company it bought in 2017, Danish broadcaster DR said on Tuesday.Maersk Oil, the former oil unit of shipping giant A…

EU Threatens Turkey with Sanctions over Cyprus Drilling

Jul 11, 2019

The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's 'illegal' drilling for gas and oil off Cyprus and stands ready to ramp up sanctions further, a draft statement seen by Reuters shows…

Allseas Buys Bluerise in Renewables Push

Jul 09, 2019

Offshore contractor Allseas says it has acquired Bluerise, a developer of ocean thermal energy conversion (OTEC) technology, in a push targeting the renewables industry.Based in Delft, the Netherlands, Bluerise, founded by Berend Jan Kleute and Remi Blokker…

Energean to Buy Edison's Oil and Gas Unit

Jul 04, 2019

Israel-focused gas driller Energean said on Thursday it will buy Italian energy group Edison's oil and natural gas unit for an initial consideration of $750 million.The acquisition would significantly expand Energean's operations in the growing eastern Mediterranean gas hub…

ExxonMobil’s Exit Not a 'Major' End in Norway

Jun 24, 2019

The withdrawal from Norway’s offshore sector of ExxonMobil appears to be underway, and the development to some looks like the start of a pullout of “international oil majors” from a sector dominated by stately player, Equinor.True, ExxonMobil’s departure is symbolic…

MDL Wins Follow-up Work in West Africa

Jul 03, 2019

Maritime Developments (MDL) said it has been awarded a follow-up flexible and umbilical installation job offshore West Africa.The work scope is a continuation of the EN-09 project, concluded in April 2019. The project is run by DeepOcean Ghana…

Shelf Drilling Bags Gulf of Thailand Gig

Jul 08, 2019

Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.The contract for the  2008…

Sparrows Wins Rigging Maintenance Contract in Qatar

Jul 05, 2019

Sparrows Group said it has been awarded its first contract for the provision of rigging loft maintenance services in Qatar.The four-year contract includes the provision of services for the refurbishment, repair, load test and recertification of rigging lofts and contents…

Imenco Buys Proserv's Nautronix Unit

Jul 05, 2019

Controls technology company Proserv said it has sold its through-water digital acoustic communications and positioning systems business, Nautronix, to Imenco, a Norwegian supplier of subsea electronic and mechanical products.The divested unit will become a division within Imenco…

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