Global energy sector supplier NKT has confirmed turnkey order for Moray East offshore wind farm project.'NKT has signed a Preferred Bidder Agreement (PBA) for delivery and installation of export cable systems to the prospective offshore wind farm project Moray East…
Oil and gas exploration and production company Kosmos Energy said that it has entered into a strategic alliance with Shell Exploration Company B.V. to jointly explore in Southern West Africa.Initially, the alliance will focus on Namibia, where…
Dubai-headquartered offshore services provider Telford Offshore said it has been awarded a charter party from Indonesian contractor Timas Suplindo for its DP3 multipurpose accommodation and offshore construction vessel Telford 25.The three-month contract…
Brazilian shipping company Grupo CBO has taken delivery of the final vessel in a series of six Brazilian-built anchor-handlers.The half dozen anchor-handling vessels are of the Havyard 843 design by Norway's Havyard Design & Solutions, which…
First power from the floating wind farm project offshore Kincardineshire, Scotland began flowing in September, clearing the way for the full 50 MW build-out of the project by 2020, Kincardine Offshore Windfarm Ltd. (KOWL) confirmed.Principle…
Bermuda-based marine services company Teekay Offshore Partners announced that certain of its subsidiaries have entered into a settlement agreement with Petrobras with respect to various disputes relating to the previously-terminated charter…
An optimistic London-based independent exploration and production company Panoro Energy ASA is getting ready to commence an ambitious hydrocarbons search program in its newly found Tunisian market barely three months after it acquired DNO Tunisia Exploration AS…
Offshore geophysical firm Polarcus Limited said Thursday it has received an award for a 3D marine seismic acquisition project in West Africa.The award comprises two surveys of approximately three months each, with the first survey expected to commence Q2 2019 and the second survey Q4 2019.
Oslo-listed seismic surveyor TGS fell more than 10 percent after reporting disappointing third-quarter results on Thursday, as oil firms were still too cautious to spend despite a raft of upbeat earnings.TGS, which maps the seabed in search of hydrocarbon deposits for oil firms…
Ghana's liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said on Wednesday…
Nowegian shipbuilder Kleven has delivered the fifth vessel in a series of six anchor handlers for Maersk Supply Service A/S.Built for deepwater operations, Mærsk Mobiliser of the so-called Starfish series is equipped with a range of innovative features…
A decision by Petrobras not to invest in drilling new wells has derailed Chevron Corp's plan to resume exploration in a Brazilian offshore field, people familiar with the matter said.Chevron, which operates the field with a 52 percent stake…
Norwegian ocean-bottom seismic specialist Magseis entered into a $233 million deal to acquire the Seismic Technologies business from Fairfield Geotechnologies.'Magseis will acquire the Seismic Technologies business from Fairfield comprising data acquisition…
Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was announced…
Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…