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Peter Zeilinger
Business & Finance

OMV Petrom snatches fresh Black Sea block

Romanian oil and gas company OMV Petrom is the winning bidder for an oil and gas exploration block located in the Black Sea, offshore Georgia.

about 6 years ago
China’s Jutal Offshore Oil Services wins offshore wind contract in Europe
Business & Finance

China’s Jutal Offshore Oil Services wins offshore wind contract in Europe

Jutal Offshore Oil Services has been awarded a contract for an offshore wind farm in Europe, according to a press release from the company. The China-based company informed its wholly owned subsidiary Jutal Offshore Oil Services (Zhuhai) won several new contracts, including one for the construction

about 6 years ago
Hornbeck’s MPSV Iron Horse;
Business & Finance

Hornbeck Offshore to emerge from bankruptcy within few months

Hornbeck Offshore expects to emerge from bankruptcy in the coming few months following approval of its reorganization plan by a U.S. court.

about 6 years ago
Hebron platform
Business & Finance

ExxonMobil investigating near-miss incident on Hebron platform

A near-miss incident on the ExxonMobil-operated Hebron platform located offshore Canada has been reported to the Canadian offshore regulator.

about 6 years ago
U.S. offshore rig count stuck at 11 units
Business & Finance

U.S. offshore rig count stuck at 11 units

The U.S. weekly offshore rig count has not changed over the last week, but it remains stuck at 11 units.

about 6 years ago
Transborders' FLNG
Business & Finance

Transborders, SBM ink FLNG pact

Australian independent Transborders Energy has signed a partnership deal with Dutch floating specialist SBM Offshore to develop FLNG projects. The partnership will pursue the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities, the Australian company

about 6 years ago
A photo of a Boskalis Subsea vessel working offshore at dusk
Business & Finance

Borssele Beta cable work to cost TenneT € 50 million more

Works to install the Borssele Beta export cable in the Netherlands will set TenneT back an additional € 50 million after contractors discovered unstable soil along the cable route. Namely, the cable installation contract TenneT signed with NKT and VBMS (now Boskalis Subsea) in 2016/2017 will now be

about 6 years ago
Offshore rigs
Business & Finance

Norway’s tax relief to boost rig demand but UK demand to take the biggest hit, Rystad says

Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.

about 6 years ago
boxship
Business & Finance

Singapore: Maritime technology startups to benefit from new initiative

More than 50 Singapore based startups to get liquidity boost

about 6 years ago
Johan Sverdrup field
Business & Finance

Power from shore for nearly half of Norwegian oil and gas production

Almost half of the Norwegian petroleum production will soon be run on power from shore as the companies are considering multiple electrification projects that could reduce emissions considerably.

about 6 years ago
Armada platform
Business & Finance

Repsol gets consent to extend North Sea field life

Repsol has been granted consent by the Norwegian offshore safety authority for the life extension of the Rev field, which is located offshore Norway.

about 6 years ago
Gazprom starts building ice-resistant platform for extreme conditions of Arctic field
Business & Finance

Gazprom starts building ice-resistant platform for extreme conditions of Arctic field

Gazprom has started construction of an ice-resistant platform for its field located in extreme ice and climate conditions of the Arctic shelf.

about 6 years ago
A photo of a Danish offshore wind farm
Business & Finance

Denmark: For every 1 GW of offshore wind, 14,600 FTE jobs secured

A new study in Denmark, published on 26 June, says that every 1 GW of offshore wind set up in Denmark secures 14,600 full-time jobs. The study, released by Danish Shipping, Danish Energy and Wind Denmark, has investigated what investments in offshore wind can create in terms of employment throughout

about 6 years ago
Appomattox; Source: Shell Danos
Business & Finance

Danos to provide workforce for Shell’s Gulf of Mexico ops

Oil and gas services company Danos has won a contract from Dutch-Anglo oil major Shell for the provision of a production workforce across Shell’s assets in the Gulf of Mexico.

about 6 years ago
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