Israel received bids from two groups of companies to explore for oil and gas off its Mediterranean coast, the Energy Ministry said on Monday.Israel had offered rights to 19 offshore blocks, and said the groups offered to explore in 12 of them…
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…
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 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…
Congo (Brazzaville), sub Saharan Africa's third largest oil producer, has intensified its campaign to promote the country's offshore drilling and exploration investment opportunities.The Ministry of Hydrocarbons hopes to ride on the new hydrocarbons…
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…
Aberdeen-headquartered oil and gas service company TEMS International has appointed Nicola Lomax to the newly created role of QHSE manager as it continues to expand its workforce in response to growing demand for its services.Lomax will be responsible for developing and managing the firm’s health…
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…
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…
Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance. The two hope to work together to expand the coverage of their vessels globally…
SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers. The…
SOCO will acquire 70% operated interest in Blocks 125 and 126 offshore central Vietnam through a production sharing agreement (PSC) the company signed on 27 October with PetroVietnam and SOVICO Holdings. Blocks 125 & 126 are located in moderate to deep water in the Phu Khanh Basin…
Anadarko Petroleum named Daniel E. Brown executive VP, International and Deepwater Operations. Darrell E. Hollek, formerly executive vice president, Operations, will serve as a senior adviser until his retirement later this year. Brown began his career with the company in 1998…
Blake International Rigs signed a contract to mobilize the Blake Rig 651 to Energy XXI’s South Pass 77 C platform. The initial contract term is for one well, which is scheduled to start in late April following a 30-day make ready period at Blake’s Houma facility…
The Hoang Long Joint Operating Co. resumed the 2017 Te Giac Trang (TGT) drilling program, offshore Vietnam, according to partner SOCO International. The Te Giac Trang Field of Block 16-1, is in the shallow water Cuu Long Basin, offshore southern Vietnam…
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