Italian oilfield services giant Saipem posted a net loss of 110 million euros for the first half of 2017, a drop compared to a net profit of 53 million euros in the same period a year ago. Revenues fell to €4,59 billion, down from €5,27 billion a year ago. According to Saipem, its revenues in the [&
Woodlands-based Anadarko, the developer of the giant Mozambique LNG project, narrowed its loss in the second quarter 2017 in comparison to the corresponding period in 2016.
8.2 Consulting AG, with its Dutch partner OrangeWind, was awarded a four-year framework contract by Vattenfall with reference to wind turbine project engineering and interface management tasks for offshore wind farms in Europe.
Chinese shipbuilder Cosco has delivered a newbuild platform supply vessel to Dutch shipping company Vroon. The Chinese company said on Tuesday that the documents for the delivery of the platform supply vessel VOS Patience were signed on July 18. VOS Patience, a PX121-type platform supply vessel, is
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB), an offshore regulator, has issued its Call for Bids NS17-1 for exploration licenses consisting of three offshore parcels. The CNSOPB said on Monday that the bids must be received by December 14, 2017, before 4:00 p.m. Atlantic Time. The parce
The UK Oil and Gas Authority (OGA) has launched the 30th Offshore Licensing Round with 813 blocks or part blocks on offer in mature areas of the UK Continental Shelf (UKCS) totalling an area of 114,426 km2 (28,275,280 acres). Blocks are on offer in the Southern, Central and Northern North Sea, the W
The Dutch company, Rolande LNG intends on scaling up its Bio-LNG production, transitioning from liquefied natural gas (LNG) as fuel for road transport.
US LNG export player, NextDecade completed the business combination with Harmony Merger Corp., forming NextDecade Corporation.
RigNet, a global provider of communications solutions for the offshore oil and gas industry, has acquired substantially all of the assets of Data Technology Solutions (DTS). DTS is a private Louisiana-based company providing communications and IT services to the onshore, offshore, and maritime indus
The Australian Petroleum Production & Exploration Association (APPEA) said the restriction of LNG exports in favour of domestic supply would not bring the intended results.
Oil majors, such as Exxon and Shell, among others, are set to reveal their second quarter financial and operational reports this week, with BP expected next week. Wood Mackenzie, an energy intelligence group, has posted a podcast taking a look into what to expect when it comes to the 2Q results seas
The first floating wind turbine for the Hywind Scotland project has arrived off Aberdeenshire, after setting sail from the project’s assembly base in Stord, Norway, last week.
Thailand’s state-owned PTT is eyeing a stake in Petronas’ natural gas liquefaction plant to be built in Malaysia.
A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might be on the cards. This is according to a report by DBS Bank – The Development Bank of Singapore, which believes it is time for Singaporean shipyards to reform, restructure, and r
