Qatar-based energy shipping company Nakilat said Monday it had assumed the technical ship management and operations of the Floating Storage and Regasification Unit (FSRU) Exquisite from Excelerate.The FSRU is jointly owned by Nakilat and Excelerate through a joint venture established in 2018…
Gulf Marine Services, a provider of jack-up service vessels for the offshore energy industry, has secured contract extensions for two of its units.GMS said Monday the contract extensions, totalling 13 months, were for two K-Class vessels, 'at day rates in line with expectations…
Norwegian energy services company Aker Solutions has won a letter of intent with Shell in Norway for work on the Ormen Lange Phase 3 (OLP3) onshore project. Ormen Lange is a field in the Norwegian Sea.Under the scope of the letter of intent…
Drilling solutions provider MHWirth has secured an order to deliver a drilling equipment package for a Chinese drillship.The company, part of Norway's Akastor, will deliver drilling equipment for China's Guangzhou Marine Geological Survey (GMGS)…
Royal Dutch Shell on Monday said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.In an update ahead of its fourth-quarter results on February 4…
Offshore seismic data acquisition services company Shearwater GeoServices has secured a 3D broadband marine seismic acquisition contract by ONGC in the Western Offshore India area. The project is scheduled to start in Q1 2021.The four-month campaign covers two areas totaling around 2…
Iberdrola said on Friday it had bought a 50% stake in North and Baltic Sea wind farm company Sea Wind for an undisclosed sum to jointly develop a portfolio of offshore projects in Poland, a new market for the Spanish group.The two companies…
Offshore vessel operator DOF Subsea has said it has secured several new contracts in the North Sea, Mediterranean, and Africa, however, without sharing the clients' identity.DOF Subsea said Friday that contracted work included a number of turnkey…
Norway's Havyard has delivered the Esvagt Schelde offshore wind service vessel, built for the Danish shipowner Esvagt.The vessel that was handed over on Friday is the last in a record series, but also the first in a new series to be delivered to Esvagt…
Offshore drilling services company Odfjell Drilling has won a four-year extension to its drilling services deal with oil company Wintershall Dea on the Brage platform in Norway.The two companies had signed a four-year firm deal in mid-December 2016…
The Norwegian Petroleum Directorate has approved the start-up of a subsea installation with two new wells on the Neptune Energy-operated Gjøa field in the North Sea, off Norway.Neptune Energy estimates the project will add 2.4 million standard cubic meters of oil equivalent (15 million bbls o…
Norwegian offshore vessel operator Siem Offshore has seen a platform supply vessel contract in Canada terminated almost two years ahead of the expected contract expiration.The company said Friday that its Canadian subsidiary Secunda Canada had…
India's Reliance Industries and the British oil major BP on Friday announced the startup of production from ultra-deepwater gas field R Cluster in block KG D6 off the east coast of India. RIL and BP are developing three deepwater gas projects in block KG D6 – R Cluster…
Oslo-listed marine seismic company Polarcus has signed a memorandum of agreement with Sovcomflot for the use of one of its survey vessels on a project in the Far East.The company said Friday the contract was signed with SCF GEO, a Sovcomflot Group firm…
Norwegian oil and gas firm Equinor has exercised its option to extend the contract for Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig.Odfjell Drilling said Friday that Equinor had exercised its right to add two new wells to the rig's contract…
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