Five companies submitted proposals to explore for oil and gas on 12 blocks among 19 offered in Israel's second offshore licensing round. This was the second Israeli offshore licensing round.A government press release quoted Minister of Energy…
Dutch offshore services provider OOS International has formed a joint-venture with compatriot demolition company Sagro, which would be named Sargoos.According to OOS International, both companies will excel in their distinctive specialisms.OOS…
China Merchants Offshore Technology Research Center (CM-OTRC), the R&D center for China Merchants Industry Holdings (CMI) of Shenzhen, China, have completed the basic design of the OOS Zeelandia a new semisubmersible crane vessel (SSCV) that…
Dutch offshore services provider OOS International and Chinese yard CIMC Raffles announced in a joint press release that they have been awarded a 5-year contract for the flotel OOS Tiradentes by Petrobras.The new contract will start Q3/Q4 of 2019…
Oilfield service provider Halliburton Co said on Monday it expects international offshore spending to rise 14 percent in 2019, double the estimates given by sector leader Schlumberger NV for international markets overall.Schlumberger said last…
The massive Libra pre-salt area, which was originally believed to contain at least volumes of between 8 billion and 12 billion boe, started production at the end of 2017. Located within the Santos Basin, over 200 kilometers off the coast of Rio de Janeiro…
The global enterprise applications company IFS announced that international offshore drilling contractor Borr Drilling has deployed IFS Applications to improve operations and optimize its IT landscape.The enterprise software company said in…
The Danish Parliament has approved new regulation following extension of the rules on tax free net wages for seafarers to also include certain specialized vessels.According to Danish Maritime Authority, the Danish parliament adopted an extension of the seafarer tax scheme last spring…
Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…
Bahrain's state-owned oil company Nogaholding plans to raise $1 billion through a dual-tranche U.S. dollar-denominated bond on Wednesday, a document by one of the banks leading the transaction showed.The deal is the first foray by a Bahraini…
China Merchants Heavy Industry (CMHI) Jiangsu shipyard has undocked OOS Serooskerke, OOS International's newest semi-submersible crane vessel (SSCV).'The undocking operation was complex because of the limited water depth in the dry dock,' said a press release from the company…
OOS International Group’s newest semisubmersible accommodation vessel, the OOS Tiradentes, will head to Brazil next month for a contract with Petrobras. Source: OOS International The OOS…
Dutch firm OOS International Group has signed a memorandum of understanding which paves the way for it to bring the largest semisubmersible crane vessel to the market. The new vessel, called the OOS Zeelandia (pictured), would be ordered from China Merchants Industry Holdings…
Seanamic Group’s Umbilicals International has opened a new quayside manufacturing site in Channelview, Texas – just 30 minutes east of downtown Houston – today (5 December). Umbilicals International's Channelview facility…
Multi-purpose vessel designer CDC Scotland is set to commercialize its first vessel design through Dutch firm OOS Energy, part of OOS International. OOS Energy, which is also building two semisubmersible crane vessels, is planning to build two units…
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