Houston-based oil and gas company Marathon Oil has appointed a new member of its board of directors.
Brazilian oil and gas services provider Ocyan has been awarded a contract for an ultra-deepwater drillship by Petrobras in Brazil.
Westwood has reported that 72 high-impact wells were drilled in 2020, which is below 2019 level when 99 wells were drilled. In 2021, Westwood’s projections indicate that activity could at least reach 2020 levels with the potential to reach up to 100 wells.
Perth-based oil and exploration company Finder Energy has been awarded a 100 per cent interest in the exploration permit WA-547-P located near the massive Dorado discovery offshore Australia.
Oslo-listed asset and investment manager MPC Capital AG has initiated a new renewable energy platform under the brand MPC Energy Solutions as part of its strategy to capitalize on the growing demand for sustainable and cost-competitive low-carbon energy infrastructure. In a private placement directe
CessCon Decom has been awarded a contract for the decommissioning, dismantling, and recycling of Spirit Energy’s Morecambe Bay DP3 and DP4 platforms.
TMC Compressors (TMC) has been contracted to supply a complete offshore topside compressed air system to Shell’s Bonga Main FPSO.
Subsea asset protection expert Pipeshield has secured its largest contract win to date. The deal will see Pipeshield design, engineer, and manufacture a subsea scour protection solution for a major quay development project. According to its parent company Tekmar, the contract has a value of more tha
Offshore accommodation provider and reached an agreement with its lenders, which will enable it to retain the Floatel Endurance in its fleet.
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) is resuming its winning streak in the new year having secured orders worth 288 billion won ($262.5 million). The company’s subsidiary Hyundai Samho Heavy Industries has won an order for an LNG carrier worth 198.9 billion won f
Offshore drilling contractor Borr Drilling has added about $35 million to its backlog following new contract awards for its jack-up rig fleet.
The number of offshore rigs in the U.S. remained unchanged last week, according to the latest rig count reports by Baker Hughes.
BP has reportedly relaunched the sale of its North Sea assets it initially tried to sell to Premier Oil before its takeover by Chrysaor.
US offshore wind developer Mayflower Wind said that the price of electricity generated at its 804 MW wind farm offshore Massachusetts is on track to go down by around 10 per cent. This is due to the recently increased and extended federal Offshore Wind Energy Investment Tax Credit, the developer sai
