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Expro Marks Four Decades of Subsea Work

Jan 03, 2024

Expro (NYSE: XPRO) is celebrating 40 years of subsea sector leadership since launching its first subsea test tree system in the North Sea in 1983.From the creation of its first 10ksi subsea test tree assembly (SSTTA) for an exploration and appraisal…

Cenosco Acquires Shell’s IMS Software

Dec 19, 2023

Cenosco, a provider of asset integrity software, have acquired complete ownership of the intellectual property (IP) rights of the jointly developed IMS, Integrity Management System. IMS is an Asset Integrity Management software suite, which…

FPSO Atlanta Prepped to Join Yinson Fleet in '24

Dec 13, 2023

Yinson Production officially named its latest addition to the fleet, FPSO Atlanta, during a naming ceremony held at Dubai Drydocks World on December 13, 2023.FPSO Atlanta has a production capacity of 50,000 BOPD and a maximum storage capacity of 1…

Transocean Inks $251m Semisub Contract

Dec 12, 2023

Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.Expected to commence in the first quarter of 2025…

N-KOM Rebrands as Qatar Shipyard Technology Solutions

Dec 12, 2023

N-KOM, an offshore and marine repairs facility in Qatar, is rebranding as Qatar Shipyard Technology Solutions. The company adopted launching its new identity in alignment with its 13th anniversary, confirming its endeavor to make a qualitative…

Sultan al-Jaber: the UAE Oil Boss Steering COP28

Nov 23, 2023

Sultan al-Jaber, the United Arab Emirates oil chief executive and leader of COP28 climate talks, has a formidable reputation for earnestly pursuing results.His position as leader of state energy giant ADNOC has alarmed environmental critics…

Advanced Watertek Puts Focus on Offshore Sustainability at OJME Conference

Nov 08, 2023

Advanced Watertek, a provider of water treatment solutions, has recently delivered a presentation that emphasized the alignment of offshore operations with Global Sustainable Development Goals (SDGs) and Environmental, Social, and Governance (ESG) requirements…

Recent Oil Mega-deals Show Hydrocarbons are 'Here to stay' -Saudi Energy Minister

Oct 25, 2023

Saudi Energy Minister Prince Abdulaziz bin Salman said on Tuesday that recent multi-billion dollar acquisitions by U.S. oil majors Exxon Mobil and Chevron of smaller rivals showed that hydrocarbons were 'here to stay'.'Exxon, Chevron didn't buy because they want to have stranded assets…

Aramco CEO Sees Significant Oil Demand Growth

Oct 24, 2023

Saudi oil giant Aramco's Chief Executive Amin Nasser said on Tuesday he saw significant demand growth for oil, citing a possible resurgence in the Chinese economy and an aviation sector that remains below pre-pandemic levels. He said a one-size…

Chevron Australia LNG Unions Agree Deal on Eve of Strikes Resuming

Oct 18, 2023

An Australian union alliance on Wednesday agreed to endorse deals on pay and conditions at Chevron's two liquefied natural gas (LNG) facilities in Australia, ending an impasse that had led workers to threaten renewed strikes this week.The Offshore Alliance…

Abu Dhabi's Oil Champion ADNOC Nets on Global Expansion

Oct 09, 2023

The United Arab Emirates is refashioning the state-owned Abu Dhabi National Oil Company (ADNOC) in the image of an international oil major by stepping up its global expansion and finding new revenue streams to maximize earnings for the Gulf state…

Chevron Accepts Australian Labour Tribunal's Terms to End Strike at LNG Plants

Sep 21, 2023

Chevron said on Thursday it had accepted recommendations from Australia's labor regulator to end its dispute with unions at its liquefied natural gas (LNG) facilities in Western Australia.The Fair Work Commission of Australia, which has the power to impose a settlement…

Wood Resigns from Valeura Energy Inc. Board to Pursue Full-time Senior Management Role

Sep 20, 2023

Valeura Energy Inc., the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, on Wednesday announced the departure from its board of directors of independent director, Kimberley Wood, effective September 18…

Chevron's Strike-hit Australia LNG Facility Resumes Full Production

Sep 18, 2023

Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply…

Union Starts Further 24-hour Stoppage at Chevron's Australian LNG Facilities

Sep 18, 2023

Australia's Offshore Alliance union said on Sunday that workers had begun a second 24-hour strike at Chevron's liquefied natural gas (LNG) plants in Western Australia.'Another 24hr stoppage has been applied across all 3 facilities with 15% of…

Current News

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Oman’s Block 50 Offshore Drilling Ops Pushed to May

India Resumes Iranian Oil Imports After Seven-Year Hiatus

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Oil Holds Steady as Supply Risks from War Persist

Oil Holds Steady as Supply Risks from War Persist

OceanAlpha Shares USV Offerings at Oi26

OceanAlpha Shares USV Offerings at Oi26

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

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