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Panther Wins GOM Pipeline Inspection Deal

Sep 03, 2020

ACSM chose an electric Saab Seaeye Panther XT robotic vehicle for pipeline inspection in the Gulf of Mexico. The Panther inspected 261 pipelines totalling 2,340 km in four fields in the Gulf of Mexico (GOM), at depths ranging from 15 to 130 metres…

Maersk Drilling Bags Long-Term Jack-Up Extension with Shell in Brunei

Aug 31, 2020

Danish offshore drilling company Maersk Drilling has won a long-term contract extension for its jack-up rig Maersk Convincer with Brunei Shell Petroleum in Brunei.Brunei Shell Petroleum has exercised its contract extension option that will see the jack-up drilling unit extend its stay in Brunei…

Offshore: Digital Twinning & Reduced Operating Cost Offshore

Aug 28, 2020

The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…

Three Firms in Dorado FPSO FEED Contract Race

Aug 21, 2020

Three FPSO specialists are competing for Santos' Dorado FPSO front end engineering design contract, set to be awarded later this year.This is according to Carnarvon, Santos' partner in the Dorado field discovered offshore W. Australia in 2018…

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Aug 11, 2020

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

Opedal Tapped for Top Spot at Equinor

Aug 10, 2020

The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology…

BP Charters Solstad Offshore Vessel Trio for Ironbark Drilling Support

Aug 03, 2020

BP has chartered Solstad Offshore's three offshore support vessels to support its Ironbark drilling campaign in Australia.Norway's based offshore vessel owner Solstad Offshore said Monday that BP had awarded contracts for two anchor handling tug and supply vessels Normand Saracen and Far Senator…

ABS Class for First Taiwan-built Offshore Installation Vessel

Aug 03, 2020

Marine classification society American Bureau of Shipping (ABS) will provide classification services to the first floating heavy lift and installation vessel to be built in Taiwan.The vessel named the Green Jade has been commissioned by CDWE…

OHT Enters Offshore Wind Turbine Installation Business

Jul 30, 2020

Offshore Heavy Transport (OHT), a company specializing in, well, offshore heavy transport, has decided to diversify its offering and dive into the offshore wind turbine generator installation business.OHT said Thursday it had entered into a…

Rig-building Impairments Drag Keppel to 1H Loss

Jul 30, 2020

Singaporean conglomerate Keppel Corp reported a loss in the first half of 2020 due to impairments in its offshore and marine business that has been battered by low global oil prices.Keppel posted a net loss of S$537 million ($390 million) for the six months to June…

Analysts: Temasek Might Drop $3B Bid to Acquire Controlling Stake in Keppel

Jul 29, 2020

Temasek Holding's $3 billion bid to acquire a controlling stake in Keppel Corp will be under scrutiny on Thursday as a big quarterly profit drop at the conglomerate could raise the risk of the state investor dropping its proposal, analysts said…

LR Names Marine & Offshore President for SAMEA

Jul 28, 2020

LR has appointed Mike Holliday as Marine & Offshore president for South Asia, the Middle East, and Africa (SAMEA).In his new role, Holliday will lead LR’s Marine and Offshore operations across SAMEA, primarily based in Singapore, and be responsible…

Webinar: Floating Production Forecasts & Analysis

Jul 24, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

TAS Terminates Shipbuilding Deals for 16 Offshore Vessels

Jul 24, 2020

Malaysian offshore vessel operator TAS Offshore has canceled shipbuilding contracts for 16 offshore support vessels.The company had signed the contracts in the 2013-2015 period with two Chinese shipbuilders Guangzhou Hangtong Shipbuilding and Shipping Co…

Webinar: Floating Production Forecasts & Analysis

Jul 21, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

Current News

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China's Imports of Russian Oil Near Record High

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TotalEnergies Inks $530M Deal to Acquire Malaysia’s SapuraOMV

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

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