Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025…
Offshore decommissioning firm Well-Safe Solutions and oil firm Apache Corporation have signed a multi-year framework agreement to plug and abandon wells in the North Sea.The deal provides Apache with access to Well-Safe Solutions' decommissioning rigs…
Japanese oil refiners may buy Russian crude from the Sakhalin-2 oil and gas project, if needed, to secure a stable supply of liquefied natural gas (LNG), the president of the Petroleum Association of Japan (PAJ) said on Wednesday. But Russian oil…
Island Offshore, a Norwegian offshore support vessel owner, has sold its 2013-built offshore support vessel Island Crown to the defense ministry.The vessel, built by Vard, will be converted to support Royal Navy mine-hunting operations – serving…
Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially growing seaweed in between turbines of offshore wind farms, the company and organizers said on Thursday. The project, led by the non-profit group North Sea Farmers…
Norwegian oil firm Equinor has chartered Havila Shipping's Havila Clipper platform supply vessel.Havila Shipping said Wednesday that the contract was for six months. Equinor will have two 2-month extension options after the expiration of the six-month charter…
Solstad Offshore's subsidiary, Normand Ships, has completed the sale and delivery of the construction support vessel Normand Jarl to its new owner.Solstad Offshore first announced it had agreed to sell its 2013-built construction support vessel Normand Jarl in December 2022…
Spain's Repsol said on Thursday its fourth-quarter adjusted net profit more than doubled, helped by high oil and gas prices, and flagged a big increase in capital spending for this year. Its fourth-quarter profit surged to 2.01 billion euros ($2…
Dubai's shipbuilding and shiprepair company Drydocks World and Norwegian offshore engineering and construction firm Aker Solutions have established a joint venture to upgrade the Petrojarl Knarr FPSO for Equinor's Rosebank offshore oil and gas field in the UK…
Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ('EnVen'). Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico…
As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…
Houston-based firm SCF Partners has acquired Abedeen-based engineering, procurement and construction (EPC) service provider Global E&C, from Global Energy Group for an undisclosed sum.Global E&C employs more than 1,000 people, with more than…
Brussels-headquartered data and analytics group Kpler has bolstered its presence in the maritime space with the acquisition of ship tracking companies MarineTraffic and FleetMon, the company said on Wednesday. Tracking the movement of ships has become an integral part of trading strategies…
Norwegian oil and gas company Equinor, on behalf of its partners in the Snøhvit offshore gas field in the Barents Sea, has awarded Aibel a major contract for Hammerfest LNG modifications in connection with the Snøhvit Future project.The Snøhvit…
Archer Limited and Baker Hughes Limited have signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom.The definitive agreement follows a term sheet signed in January.Baker Hughes…
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