Canadian offshore petroleum regulator has fined Suncor Energy and Transocean over an unauthorized fluid discharge from a rig back in 2018.
Indian oil and gas company ONGC has hired a jack-up drilling rig from compatriot offshore drilling contractor Jindal Drilling & Industries.
American issue-advocacy organisation Majority Action has urged stakeholders of U.S. supermajor Chevron to vote against the re-election of the current chief executive officer (CEO) and lead director.
The BW Offshore-owned FPSO Umuroa has been disconnected from the Tui field, located offshore New Zealand, after spending 14 years there.
Belgian tanker major Euronav is bewildered by the lack of ship recycling in the tanker market given the prevailing headwinds and low freight rates. Historical trends show that low tanker rates induced owners to send their older tonnage to the scrapyard. Over the last 30 years, on average 5% of the V
Brazilian SM Continental, part of James Fisher group, has won a contract to provide ROV services to oil and gas company Petrobras. The two parties signed the agreement for a period of two years. “These new services and the growing customer base mean that the James Fisher group now has a well-establi
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge a drilling permit for an appraisal well in the North Sea.
Vantage Drilling believes the shallow water activity is stabilizing and the recovery in the deepwater market could begin later in 2021.
The Supergen Offshore Renewable Energy (ORE) Hub has awarded four UK institutions with grants from its third Flexible Funding call for research projects focused on underwater offshore wind infrastructure. Southampton University received a share of the awarded £800,000 for a project aimed to identify
U.S. energy supermajor ExxonMobil expects up to $200 million in charges related to job cuts in 2021, figured in previously in the company’s cost-savings plans.
The Irish government has allocated €2.88 million for a project that aims to develop a prototype subsea robotic drilling system for the offshore wind sector, amongst others. Mincon Group and its partners Subsea Micropiles, the National University of Ireland and the University of Limerick will design
Talos Energy has hired a drillship from Seadrill to drill an infill well on the Tornado field located in the U.S. Gulf of Mexico.
Subsea 7 has reported an adjusted EBITDA increase of 50 per cent in the first quarter of 2021, to $102 million, compared to $68 million from the same period in 2020. According to Subsea 7, the mentioned boost is driven by progress on Subsea and Conventional projects, high utilization of the PLSVs, a
Velesto Energy expects the financial impact of an incident in which its NAGA 7 rig submerged off Sarawak will be mitigated by the insurance.
