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Pacific Sharav drillship
Business & Finance

Pacific Drilling gets 10-well job in Gulf of Mexico while in talks for restructuring

Pacific Drilling has been awarded a contract by Murphy Oil for ten firm wells for its drillship Pacific Sharav in the U.S. Gulf of Mexico.

about 6 years ago
Illustration; Source: Petrobras
Business & Finance

Petrobras kicks off binding phase for Tartaruga sale

Brazilian oil company Petrobras has started the binding phase for the sale of its entire stake in the shallow water Tartaruga field, located in the Sergipe-Alagoas Basin offshore Brazil.

about 6 years ago
CWind-TaCWind-Taiwan-and-HYTOR-Bring-Temporary-Power-Solutions-to-Taiwaniwan-and-HYTOR-Bring-Temporary-Power-Solutions-to-Taiwan
Business & Finance

CWind Taiwan and HYTOR bring temporary power solutions to Taiwan

CWind Taiwan and HYTOR Tools Solutions have teamed up to bring temporary power solutions to the Taiwanese offshore wind market. As part of the strategic alliance, the two companies said they imported a significant quantity of 100 kVA generators to be based in CWind Taiwan’s operational hub in Taichu

about 6 years ago
New boss to lead Equinor in next phase of energy transition
Business & Finance

New boss to lead Equinor in next phase of energy transition

The board of directors of Equinor has appointed Anders Opedal as the new president and CEO of Equinor from 2 November 2020.

about 6 years ago
Paul Marsden
Business & Finance

Bechtel names new oil and gas chief

US engineering firm Bechtel said it appointed Paul Marsden as president of the company’s oil, gas and chemicals business. Marsden will succeed Alasdair Cathcart, who is stepping down after 31 years at Bechtel. He will assume his position on September 8. Marsden’s experience includes serving in senio

about 6 years ago
Al Zour LNG terminal
Business & Finance

Two workers die at Al-Zour LNG terminal in Kuwait

Kuwait Petroleum’s unit KIPIC said two sub-contractors died in an accident on Saturday at its LNG plant under construction in Al-Zour. KIPIC said in a statement it would undertake all the necessary measures to investigate the incident. The company did not provide any additional information. State-ow

about 6 years ago
marine seismic acquisition
Business & Finance

Marine seismic industry in numbers after exploration capex slash

The low oil price has led energy companies to scale back near-term investment plans significantly, and 2020 will be very challenging for the marine seismic industry. Adding COVID-19 pandemic and energy transition from fossil fuels to this scenario has made the situation even worse, forcing seismic p

about 6 years ago
Far Scotsman; Image by Alan Jamieson (used under permission from photographer) Equinor Total Solstad
Business & Finance

Solstad Offshore scores extensions with Total, Equinor in Brazil

Norwegian vessel owner Solstad Offshore has won several extensions in Brazil with oil majors Total and Equinor.

about 6 years ago
SME lands world’s first floating tidal energy array deal
Business & Finance

SME lands world’s first floating tidal energy array deal

Sustainable Marine Energy (SME) will supply three next generation PLAT-I floating tidal energy systems, with a rated power output of 420kW each, to project entity Spicer Marine Energy. Spicer Marine Energy has signed a design build and operate (DBO) agreement with reconcept GmbH for the first phase

about 6 years ago
Siemens-Gamesas-Danish-Blade-Test-Center-Gets-IECRE-Approval
Business & Finance

Siemens Gamesa’s Danish blade test center gets IECRE approval

Siemens Gamesa’s blade test center in Aalborg, Denmark, has gained IECRE approval. According to the company, the approval was granted in the highest level required (stage (4)) with a high independency of certification bodies. Siemens Gamesa now became the first non-commercial inhouse blade test fa

about 6 years ago
Cheniere swings to Q2 profit
Business & Finance

Cheniere swings to Q2 profit

Houston-based LNG exporter Cheniere Energy reported a jump in profit for the second quarter and the first six months of 2020.

about 6 years ago
Noble Sam Croft; Source: Noble Corporation ExxonMobil
Business & Finance

ExxonMobil hires Noble Corp. drillship for Guyana drilling

Offshore drilling contractor Noble Corporation has won a six-month deal for the Noble Sam Croft drillship with ExxonMobil in Guyana.

about 6 years ago
Axxis Geo Solutions workers
Business & Finance

New CEO for Axxis Geo Solutions

Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Friday it has appointed Ronny Bøhn as its new CEO. Bøhn, who takes over from Lee Parker, has more than 20 years of experience from the seismic industry. He has held management positions as vice president of marine operations at CGG a

about 6 years ago
TGS submits offer to buy PGS multi-client data library
Business & Finance

TGS submits offer to buy PGS multi-client data library

TGS-NOPEC Geophysical Company has submitted a conditional offer for the purchase of the multi-client data library of PGS. Under the offer, PGS would, upon consummation of the sale, receive a cash consideration of USD 600 million. In addition, TGS has proposed that the parties enter into a post-closi

about 6 years ago
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