Australia- based Bhagwan Marine has christened the Bhagwan Micah, a 38m state-of-the-art Stern Landing Vessel (SLV) designed from the ground up for the exacting requirements of modern offshore energy and subsea operations – particularly oil…
When we interviewed Saronic Co-Founder and CEO Dino Mavrookas late last year, he insisted that Saronic's mission was to deliver commercially viable autonomous vessels first, and in turn parlay that into a ready package for defense. That vision…
Norwegian offshore vessel owner Solstad Offshore has extended the previously agree four-year contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The current Normand Turquesa contract with Petrobras has been extended by one year…
Equinor does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday.'At the moment, that's not on the table,' Anders Opedal said on the sidelines of a business conference…
Aker Solutions has been awarded multiple five-year frame agreements for maintenance and modification services with Equinor in Norway.The contracts include options to extend for two additional periods of three and two years, respectively. The…
State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year supply deal will see Shell deliver about 400…
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy major said on Tuesday.European oil majors have said they will spend billions in Angola, Sub-Saharan Africa's second-largest crude oil producer after Nigeria…
French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start…
The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned with the highest international standards…
TechnipFMC has been awarded a large integrated engineering, procurement, construction, and installation (iEPCI™) contract by bp for its greenfield Tiber development in the Gulf of America.The direct award leverages the engineering and equipment in progress for bp’s first 20…
Four oil executives who are familiar with the situation say that the Trump administration didn't consult Exxon Mobil, ConocoPhillips or Chevron about Venezuela either before or after U.S. forces captured Venezuelan president Nicolas Maduro on Jan…
Here are some key facts about the international oil companies operating in Venezuela. The country, which has the largest oil reserves in the world, is now in crisis following the capture of the President Nicolas Maduro.Hugo Chavez, the former president…
Wind Power LAB (WPL), a Danish specialist in blade inspection and wind turbine consulting services, has appointed Lene Hellstern as its new Chief Executive Officer.Hellstern brings over 24 years of experience in the global onshore and offshore wind industry…
Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling more pressure on an interim government trying to hang onto power in the face of U…
The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin…
Subscribe
