A decision by Petrobras not to invest in drilling new wells has derailed Chevron Corp's plan to resume exploration in a Brazilian offshore field, people familiar with the matter said.Chevron, which operates the field with a 52 percent stake…
Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…
A Turkish drilling ship will start operating in the Mediterranean Sea on Wednesday, 100 km (62 miles) off the coast of Antalya province, Energy Minister Fatih Donmez said, adding it would aim to open two drill holes annually.Donmez made the…
The pure play Mid-continent energy company Gastar Exploration will file for bankruptcy with support from the company's largest creditor and shareholder, the Los Angeles private equity group Ares Management.The financially struggling Houston…
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…
The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said.Work on the Wartsila 16v25 No.3 generator on board…
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…
French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July.Ichthys LNG, with reserves of…
Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…
Ingeteam, an independent global supplier of electrical conversion equipment, announced today that it received DNV GL’s “Shop Approval in Renewable Energy” certification for the wind converter manufacturing facility recently established by the company in the Tamil Nadu region…
Simec Atlantis Energy announced that it has appointed Mr. Andy Richardson into the role of Chief Operating Officer at Simec Atlantis Energy.A press release from the global developer, owner and operator of sustainable energy projects with a diversified portfolio of more than 1…
Abu Dhabi's state-owned ADNOC Offshore has completed the installation of all Nasr field facilities, said a company tweet on Sunday.''This megastructure is one of the largest supercomplexes in the world, with Nasr field contributing to ADNOC’s end of 2018 oil production capacity target of 3…
Wind turbine maker Siemens Gamesa will build an assembly plant in Taiwan if it gets a firm order from Denmark's Orsted to supply its 900-megawatt Greater Changhua offshore wind farm, the German-Spanish company said on Monday.Siemens Gamesa,…
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