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Viking Princess PSV - Eidesvik
Business & Finance

Wintershall Dea charters Eidesvik PSV for a year

Eidesvik Offshore has been awarded a time charter contract with Wintershall Dea Norge for the platform supply vessel (PSV) Viking Princess.

about 5 years ago
Liza FPSO - Hess
Business & Finance

Hess sinks deeper into the red but production grows

Hess Corporation saw its net loss deepen in the third quarter of 2020 compared to the prior-year period while its production increased by 11 per cent.

about 5 years ago
Thunder Horse platform in the Gulf of Mexico - BP
Business & Finance

Operators shut-in nearly half of Gulf of Mexico oil production due to hurricane

Operators have shut-in nearly half of oil production and over 55 per cent of gas production from the U.S. Gulf of Mexico due to the Hurricane Zeta.

about 5 years ago
Aker Solutions
Business & Finance

Aker Solutions sees profit rise despite lower revenues

Aker Solutions boosted its profit in the third quarter of 2020 despite lower revenues as oil and gas operators reduced their activity levels.

about 5 years ago
offshore wind farm illustration
Business & Finance

Oceaneering names renewables BD director

Subsea services company Oceaneering has appointed Ben Hooker as director of business development – Renewables. Hooker is accounting and finance manager with sales and business development background within the upstream oil and gas; defense, marine and renewable energy sectors. He most recently serve

about 5 years ago
A Borr Drilling rig
Business & Finance

Borr Drilling sells cold-stacked jack-up rig

Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.

about 5 years ago
Vår Energi
Business & Finance

Vår Energi hands out 12 deals for offshore and onshore services

Vår Energi has signed frame agreements with a total of 12 Norwegian suppliers of services within a number of technical and administrative disciplines.

about 5 years ago
West Phoenix rig drilled the well for Neptune
Business & Finance

Neptune in minor oil discovery near Fenja field

Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea.

about 5 years ago
Offshore Energy and Navingo Career Event studio with cameras in the background
Business & Finance

LIVE BLOG: Offshore Energy and Navingo Career 2020 Events

Welcome to Offshore Energy & the Navingo Career Event!

28 minutes read
Deepsea Stavanger rig - Total
Business & Finance

Total boasts second ‘significant discovery’ offshore South Africa

French oil major Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin off South Africa.

about 5 years ago
FPSO P-71 - Petrobras
Business & Finance

Petrobras to cancel Itapu project bidding after reassigning Tupi FPSO

Petrobras has decided to reassign the FPSO P-71 from the Tupi field to the Itapu field offshore Brazil in an effort to focus on deep and ultra-deep waters.

about 5 years ago
Ørsteds-Offshore-Numbers-Dip-in-Q3
Business & Finance

Ørsted’s offshore revenue, EBITDA dip in Q3

Danish energy company Ørsted has reported DKK 2.629 billion operating profit (EBITDA) in the Offshore segment in the third quarter of 2020, an 18 per cent decrease compared to DKK 3.223 billion EBITDA reported for the third quarter of 2019. The decrease is mainly due to lower earnings from construct

about 5 years ago
EMO-Sells-Windea-CTV-Pair
Business & Finance

EMO sells Windea CTV pair

EMS Maritime Offshore (EMO) has sold its crew transfer vessels (CTVs) Windea One and Windea Two to undisclosed clients. Windea One was handed over to its new owner at the end of September and will in the future be used as a supply vessel in Russian waters off Murmansk. Its sister vessel Windea Two w

about 5 years ago
LLOG hatches development plan for new Gulf of Mexico oil discovery
Business & Finance

LLOG hatches development plan for new Gulf of Mexico oil discovery

LLOG Exploration Company (LLOG) has revealed a new discovery in the U.S. Gulf of Mexico and development plan for the offshore field.

about 5 years ago
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