U.S. oil major ExxonMobil has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks. “These blocks further enhance ExxonMobil’s leading global deepwater acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company. “We thank
A hundred dollar a barrel prices are a thing of the past. This is what Malaysian oil company has said in its freshly put out activity outlook 2018-2020. Petronas Vice President of Group Procurement, Samsudin Miskon said: “As we approach 2018, the uncertainty in the oil and gas industry remains a top
Changes in supply and demand and near the end long-term contracts can drive more LNG sales to spot markets and may result in the adoption of short-term sales contracts, Qatar National Bank said in a report.
ION Geophysical has informed it would be offering over 40,000 kilometers of 2D multi-client data offshore Argentina in advance of the 2018 license round.
Seaway Heavy Lifting (SHL) has installed the 86th and final four-pile set at the Beatrice offshore wind farm site. SHL carried out the piling work with the heavy-lift vessel Stanislav Yudin, which will now re-mobilise for jacket foundation installation.
Seaway Heavy Lifting (SHL) has installed the 86th and final four-pile set at the Beatrice offshore wind farm site. SHL carried out the piling work with the heavy-lift vessel Stanislav Yudin, which will now re-mobilise for jacket foundation installation.
Nasdaq-listed Golar LNG Partners, a limited partnership formed by Golar LNG, reported a net income of $26.5 million for the third quarter of the year.
Energy Management Inc. has abandoned the development of the 468MW Cape Wind offshore wind farm and notified the U.S. Bureau of Ocean Energy Management (BOEM) that it terminated the development lease, Bloomberg reports.
Iranian President Hassan Rouhani yesterday inaugurated a newly-built extension to the country’s main Arabian Sea outlet – the Chabahar’s Shahid Beheshti Port in the Gulf of Oman. “The North-South Corridor is very important for the region and the world and today we are happy that its first phase has
Corvus Energy has appointed 20-year marine systems veteran Geir Bjørkeli as the company’s new chief executive officer (CEO).
CGG informed that the Commercial Court of Paris has approved the safeguard plan of CGG. The approval comes after finding the claims filed by certain holders of CGG’s convertible bonds against the safeguard draft plan inadmissible. The next procedural step of CGG’s financial restructuring is the hear
Petrovietnam Drilling and Well Service Corporation (PV Drilling) has found work for one of its jack-up drilling rigs.
Liquefied Natural Gas Limited, the Perth-based developer of the Magnolia LNG project, extended the financial close date for legally binding offtake deal with Meridian LNG Holdings to March 31, 2018.
The Assembly of the International Maritime Organization (IMO) has elected new members of its council for the 2018-2019 biennium. Category (a) includes ten states with the largest interest in providing international shipping services: China, Greece, Italy, Japan, Norway, Panama, Republic of Korea, Ru
