FAR terminates Norman as managing director to ensure ‘fresh perspective’
After over a decade of service, FAR Limited has handed over a notice of termination to its managing director. The post FAR terminates Norman as managing director to ensure ‘fresh perspective’ appeared...
View ArticlePetronas, WTR jointly develop robotic inspection device for oil&gas industry
Petronas Technology Ventures Sdn Bhd (PTVSB), the technology unit of Malaysia’s state-owned Petronas, has formed a partnership with Waygate Technologies Robotics (WTR) to commercialise a robotic...
View ArticleEmpyrean days away from spudding exploration well off China
After firming up a rig slot, Empyrean is looking forward to drilling the Jade prospect well, located in Block 29/11 off China, in a few days. The post Empyrean days away from spudding exploration well...
View ArticleAET reinforces position in Brazil after naming first of three shuttle tankers...
AET has named the first of three Suezmax DP2 shuttle tankers, purpose-built for a long-term charter with Petrobras for operations in Brazil. The post AET reinforces position in Brazil after naming...
View ArticleDiamond Offshore shares making a comeback to NYSE
Offshore drilling contractor Diamond Offshore has revealed it will be returning to the New York Stock Exchange after nearly two years. The post Diamond Offshore shares making a comeback to NYSE...
View ArticleNew CEO takes over from Jackson at Seadrill helm
Following its exit from Chapter 11 bankruptcy last month, Seadrill has appointed a new President and Chief Executive Officer. The post New CEO takes over from Jackson at Seadrill helm appeared first on...
View ArticleSaipem board adopts rescue plan with $2.2 bln capital increase in sight
The board of directors of Saipem has approved a rescue plan to strengthen the company's financial and capital structure. The post Saipem board adopts rescue plan with $2.2 bln capital increase in sight...
View ArticleU.S. and EU seal the deal for LNG supply as Europe seeks to cut Russian...
The U.S. will supply 15 bcm of LNG to the EU this year to strengthen European energy security and reduce reliance on Russian energy. The post U.S. and EU seal the deal for LNG supply as Europe seeks to...
View ArticleHibernia crane operations halted after near-miss incident
An investigation has been launched after a near-miss incident on the Hibernia platform located offshore Canada. The post Hibernia crane operations halted after near-miss incident appeared first on...
View ArticleIn focus: Europe goes all in to ensure energy security and net-zero future
In the light of Russia’s attack on Ukraine, Europe has intensified efforts on all fronts to ensure its energy security and shift away from global dominance of fossil fuels. The post In focus: Europe...
View ArticleABB to provide power from shore for Equinor’s North Sea electrification project
ABB has secured a deal with Aibel for the provision of power from shore technology to the Equinor-operated North Sea field. The post ABB to provide power from shore for Equinor’s North Sea...
View ArticleIOG nearly ready to resume North Sea drilling
A Noble Corporation-owned jack-up rig is nearly ready to come back offshore and resume drilling for IOG next month. The post IOG nearly ready to resume North Sea drilling appeared first on Offshore...
View ArticleNew batch of contracts to make DOF Subsea busy in North Sea
DOF Subsea has secured multiple new contracts for renewables and oil & gas projects […] The post New batch of contracts to make DOF Subsea busy in North Sea appeared first on Offshore Energy.
View ArticleFAR opts to keep future Senegal payment and embarks on Gambian assets farm-out
FAR has decided to retain the Woodside Contingent Payment within the company and seeks farm-out options or outright sale of Gambian assets. The post FAR opts to keep future Senegal payment and embarks...
View ArticleLamprell mulls over funding options and sale of stake in oil & gas business
UAE-based offshore engineering and construction services provider Lamprell is in talks for the sale of a stake in its oil & gas business. The post Lamprell mulls over funding options and sale of...
View ArticleFugro to back QatarEnergy’s field redevelopment project
QatarEnergy has awarded Fugro with a contract to deliver multi-year seabed geo-data acquisition and […] The post Fugro to back QatarEnergy’s field redevelopment project appeared first on Offshore Energy.
View ArticleAnswers to energy security and climate change concerns lie in energy...
The International Renewable Energy Agency (IRENA) believes that energy transition holds the key to tackling global energy and climate crisis. The post Answers to energy security and climate change...
View ArticleStrohm partners up with Petronas for TCP commercialization
Strohm has signed an agreement with Petronas’ technology commercialization arm, Petronas Technology Ventures Sdn […] The post Strohm partners up with Petronas for TCP commercialization appeared first...
View ArticleGiant drilling contractor Transocean goes into seabed minerals to support...
Offshore rig owner Transocean is now investing in the exploration of seabed minerals to support the renewable energy supply chain. The post Giant drilling contractor Transocean goes into seabed...
View ArticleShell fires up Olympus tie-back in Gulf of Mexico
Shell has kicked off production at a tie-back to its Olympus production hub, unlocking further value in the U.S. Gulf of Mexico. The post Shell fires up Olympus tie-back in Gulf of Mexico appeared...
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