Malaysia's offshore oilfield services firm Bumi Armada announced that its first-quarter net profit jumped 28.5% on-year, mainly thanks to joint ventures, lower cost of sales, and lower distribution costs.Net profit for the January-March period climbed to 62…
The explorer and producer oil and gas MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.The well was drilled about seven kilometres southwest of the Trym field on the eastern side of the Mandal High…
Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco.Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022…
Survey and positioning services provider iSURVEY informs it has been awarded a contract to perform a drilling hazard survey campaign in the North Sea and in the Barents Sea, on behalf of Lundin Norway.Work commences in June, with a seabed geological…
Offshore engineering firm Aquaterra Energy has opened its first engineering office and warehouse facility in Perth, Australia following recent regional contract wins.Located on Murray Street, Perth, Aquaterra Energy’s new office in Australia’s…
N-Sea Holding announced Thursday it has appointed Arno van Poppel as Chief Executive of the Netherlands based subsea inspection, maintenance and repair (IMR) services provider.van Poppel succeeds Gerard Keser, who steps down from his current…
Enabling Future Arrays in Tidal (EnFAIT), the flagship EU tidal energy project, has reduced the cost of tidal energy by 15 per cent and grown its supply chain from four to 14 EU countries, just 18 months after its launch.EnFAIT is an academic…
The provider of geo-intelligence and asset integrity solutions for large constructions, infrastructure and natural resource, Fugro has cancelled a charter with Oceanteam for construction support vessel (CSV) Southern Ocean off Australia as the…
Norway based marine seismic surveyor Magseis Fairfield announced Wednesday it has received a letter of intent (LoI) for a two-month deepwater data acquisition program in the Gulf of Mexico.The survey is due to commence late in the fourth quarter of 2019…
Anglo-French oil and gas company Perenco has expanded the scope of its support contract with Servelec Controls, the control, safety and information systems provider, in the southern North Sea of the United Kingdom.Servelec has been providing service…
UK-based shipbuilding design, engineering, and management company Swan Hunter, along with partners DOC, have successfully completed load-in spooling operations for the Elia Modular Offshore Grid (MOG) project.The contract was awarded to load…
Dana Gas said it commenced drilling operations on Monday at its Merak-1 well, offshore Egypt in the hopes of finding world-class natural gas resources in a basin where several giant discoveries have been made in recent years.The location is in 755 meters of water in the North El Arish concession…
Petronas has produced its first liquefied natural gas (LNG) from a floating LNG (FLNG) facility at the Kebabangan cluster field, 90 kilometers offshore the eastern state of Sabah, the Malaysian state-owned oil company announced on Tuesday.First…
The Argentinian authorities have officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium.An Eni-led consortium wins an exploration license of offshore block MLO 124 from the authorities, said a press release…
Canada-based Brookfield Business Partners has made an offer to purchase the publicly traded units of Teekay Offshore Partners (TOP), midstream services provider to the offshore oil production industry, that it doesn't already own.The offer was for $1…
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