Norwegian offshore vessel operator Solstad Offshore said Friday that oil and gas company Inpex had extended charters for two of its anchor handlers in Australia.Japan's Inpex had in October 2019 awarded three-year contracts for two Solstad Offshore…
Norwegian oil and gas seismic data company TGS has returned to Argentina to complete the previously announced Malvinas 3D Multi-Client offshore survey, and has also announced two new surveys in Brazil.In Argentina, TGS has earlier this week…
Oslo-listed oil and gas company PetroNor has acquired SPE Guinea Bissau AB, a Guinea Bissau subsidiary of Sweden-based Svenska Petroleum. The acquisition entitles sub-Saharan Africa focused PetroNor to become the operator of the Sinapa (Block…
Offshore oil drilling contractor Seadrill expects the market for its rigs to remain depressed until late 2021, the Oslo-listed firm said on Friday as it continued talks with creditors over a debt restructuring.Seadrill, controlled by Norwegian-born billionaire John Fredriksen…
The European Union unveiled plans on Thursday to transform its electricity system to rely mostly on renewables within a decade and increase its offshore wind energy capacity 25-fold by 2050.Renewable sources like wind and solar provide roughly a third of EU electricity today…
Engineering and construction firm McDermott has been awarded a Pre Front-End Engineering Design (FEED) contract from steelmaker Tata Steel for the EVEREST carbon capture and storage project in the Netherlands.EVEREST stands for Enhancing Value by Emissions Reuse and Emission Storage…
The Trump administration on Thursday proposed to loosen Obama-era safety regulations for the oil industry in the Arctic Ocean off Alaska to ease the way for petroleum extraction in the region, an effort that President-elect Joe Biden will likely throw out once in office…
Oilfield services provider Halliburton Co said on Thursday it would set greenhouse gas emission reduction targets in line with what the latest climate science outlines is necessary to meet the goals of the Paris Accord.The announcement comes…
China's CIMC Raffles has informed that the CIMC Gretha semi-submersible crane vessel left Curacao earlier this month and is on its way back 'home' to China.'CIMC Gretha, the semi-submersible platform managed by CIMC Raffles Asset Management Company…
British oil major BP has agreed to sell its stake in two pre-salt offshore blocks in Brazil's Campos Basin to the Brazilian oil company PetroRio.Petro Rio said Thursday that it would acquire 35.7% interest in the BM-C-30 Block containing the Wahoo discovery…
Fueltrax, a provider of marine fuel management systems, has said that a major Nigerian vessel owner and operator for fast crew boats and security vessels has upgraded two of its onboard electronic fuel monitoring systems to Fueltrax.Fueltrax…
Offshore crane services firm Sparrows has won a five-year contract by Spirit Energy to provide crane maintenance and lifting services across its Morecambe Hub assets in the East Irish Sea, off the UK.The Morecambe Hub comprises of six fields…
South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
Norway will offer oil firms exploration blocks in nine frontier areas in its latest licensing round, including eight regions of the Arctic Barents Sea and one in the Norwegian Sea, the Ministry of Petroleum and Energy and the Petroleum Directorate (NPD) said on Thursday…
The Norwegian oil and gas safety body PSA Norway has found 'multiple complex' factors that led to a worker injury on Equinor's Oseberg B platform, off Norway, in April this year, when a worker fell from a height of 3.6 in an accident that could have been fatal…
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