I am proud to announce that we have acquired the assets of Atcomedia and starting in January 2019 we will relaunch the flagship title, Offshore Engineer (OE), a perfect compliment to our media offering, led by Maritime Reporter & Engineering News…
U.K. based offshore energy support vessel (OESV) operator Seacat Services said it has seen unprecedented growth in demand for crew transfer vessel (CTV) services across 2018 in offshore wind.The fourth quarter of 2018, is, atypically, seeing surging demand for offshore wind crew transfer…
Teekay Offshore Partners L.P. announced Monday that certain of its subsidiaries have entered into a settlement agreement with Petróleo Brasileiro S.A. and Petroleo Netherlands B.V. – PNBV S.A. with respect to various disputes relating to the…
Italian oil major Eni said on Monday it had struck a deal to team up with French peer Total to look for oil and gas in Algeria and strengthen its position in the north African country.The two oil companies signed a deal with state-owned Algerian…
Norway has approved British oil firm Chrysaor's purchase of a 15 percent stake in the North Sea Grevling oil discovery, the Ministry of oil and energy said on Monday.It was Chrysaor's first stake in the Nordic country, and the company has said it eventually aims to become a field operator in Norway…
Portugal's Galp Energia and its Italian partner ENI have abandoned plans to drill Portugal's first deep-water offshore exploration well due to legal problems after injunctions and protests by environmental activists.The project was being prepared…
Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…
Norwegian oil and gas firm Equinor has found more oil near its Johan Castberg field in the Arctic Barents Sea, the company said on Monday.The Skruis exploration well, drilled about 8 kilometers north of the original discovery, indicated a volume of 12-25 million recoverable barrels of oil…
Fund managers cut bullish crude holdings to 15-month low.Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016.Brent crude oil futures were down 34 cents at $77.28 a barrel at 1005 GMT…
Smulders, acting for and on behalf of the JV Iemants-Eiffage, has reached the next step in the realization of the substation for the Deutsche Bucht offshore wind farm.Ten months after starting the final assembly in January 2018 at the yard of Damen Shiprepair Vlissingen…
The second Walk to Work vessel in the fleet of Wagenborg Offshore was unveiled on the Nieuwediepkade in the port of Den Helder. The Walk to Work Emergency Response and Rescue Vessel Kasteelborg was christened by Mrs. Marjan van Loon, CEO Shell Netherlands…
Mexico's Pemex reported a 26.8 billion peso ($1.43 billion) net profit in the third quarter, and revenues of 439.1 billion pesos, the state-run oil and gas company said on Friday.The profit compared with a 101.8 billion peso loss by the company in the same period last year…
Australian oil and gas company with a global presence Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia has commenced gas production.A press release from the operator of the North…
Weir Oil & Gas Pressure Control Dubai has been awarded its first three-year contract to provide in-country wellhead equipment and services to Abu Dhabi National Oil Company (ADNOC) Onshore from its API 6A manufacturing plant in Dubai.The hardware…
Crude stockpiles rising at U.S. futures delivery point; Saudi Arabia says oil market could shift to oversupply in Q4.Oil prices rose 1 percent on Thursday, following the U.S. stock market higher a day after Wall Street's biggest drop since 2011…
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