The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region.The outcome of the lease sale…
Norway's regulations allowing oil and gas companies to claim refunds for exploration spending do not constitute state aid, the European Free Trade Association Surveillance Authority (ESA) said on Wednesday.'Having scrutinized it on the basis of a comprehensive complaint…
Belgian company Engie Fabricom has awarded davit crane contracts to Manchester-based Granada Material Handling Ltd for the offshore substations at the 950MW Moray East and 860MW Triton Knoll offshore wind farms.The crane and handling system supplier will design…
The global oil service suppliers might have to wait until 2025 before the market reaches its former glory seen before the oil price collapsed.For drilling companies, it will take even longer, says analyst firm Rystad Energy.'The global oilfield…
The world's largest vessel, Pioneering Spirit, received a robotic hull cleaning during a recent port call in Rotterdam.The Allseas owned multipurpose vessel, which is on a temporary break from Nord Stream 2 pipelaying activities, made a stop…
Thailand’s national oil exploration & production company PTT Exploration & Production PLC (PTTEP) has awarded French contractor Vallourec a contract to deliver over 3,000 tons of oil country tubular goods (OCTG) for a challenging offshore project in Myanmar…
Norway's offshore watchdog the Petroleum Safety Authority (PSA) said it has carried out an audit of Equinor and the fabrication of the subsea Christmas tree for the Snorre expansion project.The objective of the February audit was to ensure that…
Subsea services provider Rever Offshore, formerly Bibby Offshore, said on Monday it has appointed Barry MacLeod as its new chief executive officer, replacing Mark Bessell, who stepped down from the role last month, for personal reasons.MacLeod’s…
The energy shipping company PAO Sovcomflot (SCF Group) has managed to increase its revenue base and achieved a profit of USD 11.9 million against a USD 106.2 million loss in 2017.The annual results reflected a strong contribution from the industrial…
Airborne Oil & Gas announced Friday that Aker Solutions has joined its shareholder base to further strengthen, integrate and diversify its range of thermoplastic composite pipe (TCP) solutions for the international subsea sector.The global engineering…
Oslo based offshore seismic services provider Magseis Fairfield said on Friday that it has received a contingent letter of award (LOA) for a three months data acquisition program for an unnamed client in the Gulf of Mexico.The survey is scheduled to begin in the third quarter of 2019…
Tennet has commissioned Arcadis and Pondera to carry out an environmental impact assessment (EIA) work and permit applications for grid infrastructure for the planned 4GW Ijmuiden Ver offshore wind farm.Arcadis and Pondera said in a joint press…
Danish wind giant Ørsted has submitted a bid for the 750MW Hollandse Kust Zuid lll and lV offshore wind zones in the Dutch North Sea.As part of its proposal to the Dutch government, Ørsted has already taken the final investment decision on the…
Australian offshore vessel owner MMA Offshore has been awarded a drilling support contract by Santos Drilling.'We are pleased to announce that we have been awarded a contract by Santos to support its 2019 jack-up drilling campaign,' said a statement…
BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said.The company expects to complete drilling of three wells in block 14…
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