A helicopter carrying seven passengers and two pilots ditched in the Arabian Sea near the Indian oil company ONGC's jack-up rig Sagar Kiran, in Mumbai High, offshore India. Four people died. According to initial tweets from the Coast Guard and…
Brazilian President Jair Bolsonaro, seething about fuel prices as his poll standings slip ahead of October's presidential election, has intensified his calls to shake up the board and management of state-run oil company Petrobras.But it will…
U.S.-based oil producer Talos Energy has temporarily suspended pursuit of an arbitration claim against Mexico amid high-level talks over one of the country's flagship offshore projects, five people close to the matter said.The dispute erupted…
Equinor and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters.The firms want to boost future production from the Bacalhau oil field, Equinor's largest…
Dutch marine services and towage company KOTUG has agreed to buy offshore support vessel firm Seaways International, in what is the largest acquisition in KOTUG's history.KOTUG said the move, of an undisclosed value, was part of its strategy…
ExxonMobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.The decision will see Exxon pull out of managing large oil…
No scientific medical basis exists for refusing to allow unvaccinated personnel to travel to offshore platforms in Norway, the Petroleum Safety Authority Norway said recently, citing a conclusion from the Rogaland county governor.'Some offshore…
Red Willow Offshore LLC, a closely-held U.S. oil and gas producer, is marketing its interest in six non-operated U.S. Gulf of Mexico oilfields that it has valued at over $130 million, two people familiar with the matter told Reuters on Friday…
Siemens Energy has stepped up efforts to explore a full integration of wind turbine business Siemens Gamesa, sources told Reuters, after profit warnings and share price slumps last week exposed flaws in the current ownership structure.The company…
Exxon Mobil Corp is prepared to bid on Friday for new blocks in Brazil's deepwater oil fields, a focus area for its oil and gas production growth, people familiar with the matter said.Any bid would mark its first big investment since it decided to resume spending after a historic…
OGUK, a UK-based association representing the country's offshore oil and gas industry, has given a 'strong recommendation' for offshore workers to get fully vaccinated against COVID as omicron cases continue to rise.The association, through its Pandemic Steering Group…
Danish wind turbine maker Vestas said Monday it would cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark, where it employs 650 people in total.In Germany, Vestas’ factory in Lauchhammer, which scaled-down activities two years ago…
Top oilfield services firm Schlumberger on Thursday said it had withdrawn staff from next week's Offshore Technology Conference (OTC), which typically attracts at least 60,000 attendees to Houston, citing the area's rise in COVID-19 cases.The…
Aberdeen-based software firm ZynQ 360 is set to hire more people on the back of several contract awards in the oil and gas space totalling more than $5 million.ZynQ 360 said Thursday that the contracts would be delivered across the USA, UK, and Western Australia…
As it continues to grow its track record of contributions to Scotland’s renewables mission, the offshore wind sector is currently making all the right headlines.Amid the positive news, however, anyone with knowledge of sustainable business success…
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