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Neptune extends SeaMar vessel charter for IRM services

Offshore vessel operator SeaMar has secured a contract extension with Neptune Energy Netherlands for the diving support vessel (DSV) SeaMar Splendid. The post Neptune extends SeaMar vessel charter for...

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Oilfield services players close the year on a positive note

Two giant oilfield services players - Baker Hughes & Schlumberger - closed the year 2021 on a positive note. The post Oilfield services players close the year on a positive note appeared first on...

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Upstream M&A deals hit three-year high in 2021 – Rystad

Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a total of $181 bln, Rystad Energy's says. The post Upstream M&A deals hit three-year high in 2021 –...

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In focus: Emission-reduction initiatives ramping up across offshore energy...

The COVID-19 pandemic may have transformed the way we live and work; however, the offshore energy sector seems to find its way through these challenges. A flashback to the week behind us reveals that...

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U.S. offshore rig count reaches a standstill

After slow and consistent growth for two weeks in a row, the number of offshore rigs in the U.S. remained flat at 18 last week. The post U.S. offshore rig count reaches a standstill appeared first on...

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Two North Sea fields drive Lundin’s reserves increase

Oil and gas company Lundin Energy has disclosed an increase in its 2P and 3P reserves, owing to two North Sea fields. The post Two North Sea fields drive Lundin’s reserves increase appeared first on...

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Disappointing results for Carnarvon in Buffalo well

Carnarvon Energy is disappointed following results from its Buffalo-1- well drilled offshore Timor-Leste, which will now be abandoned. The post Disappointing results for Carnarvon in Buffalo well...

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BW Offshore gets rid of FPSO to transition to floating energy investments

BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments. The post BW Offshore gets rid of FPSO to transition to...

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Vår Energi launching Oslo IPO to maximise growth

Vår Energi is launching a process for an IPO and listing of shares on Oslo Børs in a bid to optimise value creation, seeking future growth. The post Vår Energi launching Oslo IPO to maximise growth...

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Shell ditches Royal Dutch from its name

Shell has officially changed its name to Shell plc, after deciding to simplify its share structure and remove the Royal designation. The post Shell ditches Royal Dutch from its name appeared first on...

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Inpex secures rig for drilling off Japan

Japan Drilling Co. has been awarded a contract by compatriot Inpex Corporation for the provision of a semi-submersible drilling rig. The post Inpex secures rig for drilling off Japan appeared first on...

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Six-year extension for ‘largest deepwater FPSO in Malaysia’

MISC Berhad announced that the MDFT had recently entered into an agreement with PTTEP to extend a charter contract for an FPSO off Sabah. The post Six-year extension for ‘largest deepwater FPSO in...

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Enauta moves to buy FPSO for Brazilian field

Enauta has entered into an agreement for the purchase of an FPSO for the Definitive System of the Atlanta field located offshore Brazil. The post Enauta moves to buy FPSO for Brazilian field appeared...

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The time has come for Heerema to remove four North Sea platforms

Petrogas E&P Netherlands has awarded Heerema Marine Contractors an integrated decommissioning contract for multiple North Sea oil platforms. The post The time has come for Heerema to remove four...

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Strategic Marine scores new fast crew boat order

Strategic Marine has inked a deal to build a 40m fast crew boat (FCB) with a new Malaysia-based client, Blue Petra. The post Strategic Marine scores new fast crew boat order appeared first on Offshore...

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SBM Offshore sells stake in Brazil-bound FPSO to Japanese duo

SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies. The post SBM Offshore sells stake in Brazil-bound FPSO to...

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Well-Safe selects helicopter operator for North Sea ops

Offshore Helicopter Services UK Limited has secured a new contract with Well-Safe Solutions for operations off the UK. The post Well-Safe selects helicopter operator for North Sea ops appeared first on...

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Petrofac to go on as NEO Energy’s well operator for another five years

Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy. The post Petrofac to go on as NEO Energy’s well operator for another five years...

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TechnipFMC signs subsea EPCI contract with Petrobras

Brazil’s Petrobras has awarded TechnipFMC with a subsea engineering, procurement, construction and installation (EPCI) […] The post TechnipFMC signs subsea EPCI contract with Petrobras appeared first...

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COSCO Shipping’s fleet now boasts nine heavy lift vessels

Chinese shipping and logistic services provider COSCO Shipping has added another giant heavy-lift vessel to its fleet. The post COSCO Shipping’s fleet now boasts nine heavy lift vessels appeared first...

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