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Danos Secures GoM Contracts

Jan 07, 2019

Danos announced Monday it has secured a contract with Equinor for production operation support on its Titan SPAR platform, located in the deepwater Gulf of Mexico.The Equinor project began late 2018 and employs production personnel on the floating…

EMGS Vessel Utilisation Stands at 32% in 4Q

Jan 06, 2019

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…

Lamprell Wins Offshore Wind Project

Dec 23, 2018

Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm…

AGL's Crib Point Selects Höegh LNG FSRU

Dec 22, 2018

The floating LNG services provider Höegh LNG Holdings announced that it has entered into a time charter party with Australian utility company AGL Shipping Pty for the provision of a floating storage and regasification unit (FSRU) to facilitate its proposed Gas Import Jetty project at Crib Point…

Aker Solutions Wins Jotun FEED Contract

Dec 21, 2018

The newly formed exploration and production (E&P) company Vår Energi is progressing the redevelopment of the Balder and Ringhorne area offshore Norway and a FEED contract for the Jotun FPSO life extension has now been signed with Aker Solutions…

Sempra Energy's Port Arthur LNG in Pact with PGNiG

Dec 20, 2018

Poland's state-owned gas company Polish Oil & Gas Company (PGNiG) and Port Arthur LNG, LLC, a subsidiary of Sempra Energy, have entered into a definitive 20-year sale-and-purchase agreement for liquefied natural gas (LNG) from the Port Arthur…

Offshore Outlook Appears 'Strong', Say Analysts

Dec 19, 2018

The outlook for offshore oilfield service contractors is strong as more than 100 new projects are aiming for 2019 sanctions, according to Rystad Energy, a Norway-based energy research and consulting firm.An expected $210 billion will be spent on offshore oilfield services globally next year…

Italy's Saipem Strikes Deal with Turkish Renaissance for Arctic LNG-2

Dec 19, 2018

Italian oil and gas industry contractor Saipem and Turkey's Ronesans signed a joint venture (JV) agreement for infrastructure construction for Russian Federation's Arctic LNG-2 project.Saipem said the contract for the construction of the project is worth EUR 2…

Russian Novatek, Italian SACE in LNG Pact

Dec 19, 2018

Russian gas giant Novatek and SACE SIMEST, the Italian export credit company part of CDP Group, have finalized an agreement on strategic cooperation in the liquefied natural gas (LNG) projects, including Arctic LNG 2.'PAO Novatek and SACE signed…

Iraq in Deal with Schlumberger to Drill in Majnoon

Dec 19, 2018

Iraq has agreed a deal with U.S. company Schlumberger Ltd to drill 40 wells in the giant Majnoon oilfield, the Oil Ministry said on Wednesday.Iraqi Oil Minister Thamir Ghadhban said in a statement that the agreement with the oil services firm was aimed at boosting production from Majnoon…

CNOOC in Cooperation Pact with Nine Oil Majors

Dec 19, 2018

China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.According to the agreements…

Ocean Installer Clinches Johan Castberg Deal

Dec 18, 2018

Norwegian subsea contractor Ocean Installer and Norwegian multinational energy company Equinor ASA have signed a contract that covers the floating production storage and offloading unit (FPSO) mooring installation, tow out and hook-up of the Johan Castberg FPSO in the Barents Sea…

Dutch SBM Offshore Leniency Deal Approved by Brazilian Court

Dec 18, 2018

A leniency deal between Brazilian prosecutors and Dutch-based SBM Offshore has been approved by a judge, opening the way for the marine engineering group to bid for new contracts in its largest market.As a result of its role in a major corruption scandal involving state-owned oil company Petrobras…

Subsea 7 Wins Shearwater Deal from Shell

Dec 18, 2018

Offshore engineering and construction specialist Subsea 7 has won an EPCI contract from Royal Dutch Shell for the Shearwater Fulmar Gas Line (FGL) Re-Plumb project, located approximately 140 miles east of Aberdeen in the UK central North Sea…

BP Nears FID at Platina Field Offshore Angola

Dec 17, 2018

Angola’s Sonangol and British supermajor BP on Monday signed an agreement to progress to final investment decision (FID) for the development of the Platina field in the BP-operated deepwater Block 18, offshore Angola.Platina would be BP’s first…

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

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Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

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US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Seatrium Delivers Fifth Jack-Up to Borr Drilling

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