Singapore’s offshore services provider Kim Heng has entered into Memoranda of Agreement (MoA) for the acquisition of nine vessels for a total consideration of approximately $9.28 million. Ruhm Mazu Sdn Bhd, a 49 per cent owned indirect subsidiary of Kim Heng, entered into agreements to purchase four
Aker Solutions is about to recycle the 7,900 tonnes of steel foundation from an old drilling platform, which was used at an oil field in the North Sea.
Subsea 7 has secured a contract extension with Brazilian oil and gas giant Petrobras for one of its pipelay support vessels (PLSVs). The agreement extends the existing contract for Seven Cruzeiro from February until November this year. Daniel Hiller, Vice President Brazil at Subsea 7, said: “This ex
SBM Offshore is working on several FPSO projects and two of these vessels are expected to achieve the first oil this year.
Diamond Offshore’s Ocean GreatWhite rig is in the process of wrapping up its preparations for its upcoming assignment in the North Sea.
After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.
Norwegian offshore safety regulator has finished investigating gas leaks on one of the Equinor-operated platforms located in the North Sea.
Carnarvon Energy has entered into a binding agreement to divest a 10 per cent interest in its Bedout assets, including the Dorado field.
Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.
Netherlands-headquartered Fugro is acquiring two platform supply vessels (PSVs) which will be repurposed into geotechnical vessels. Fugro announced the purchase of 2015-built PSVs Topaz Endurance and Topaz Energy as part of its net zero 2035 roadmap. According to the company, these vessels are signi
Equinor has decided to keep one of Island Offshore’s offshore supply vessels (OSVs) busy for seven more months.
Transocean is anticipating further growth in rig demand over the coming years, which will bring higher day rates and fleet utilisation.
Norway’s offshore safety regulator is awaiting a response from Equinor regarding the way the identified improvement points will be sorted out.
Dutch General and Military Intelligence and Security Services (AVID and MVID) have sent a letter to the government together with an update on the latest insights into activities being covertly conducted by Russia, including those that are potentially being carried out in preparation for sabotage of
