Two giant oilfield services players – Baker Hughes & Schlumberger – closed the year 2021 on a positive note.
In 2021, Prosafe saw its vessel utilisation more than double when compared to the previous year and reach the highest rate since 2015.
TotalEnergies has decided to withdraw from its operations in Myanmar following a military coup in the country in February 2021.
Malaysia’s Bumi Armada has arranged to sell its stake in four subsidiaries holding three ice-class vessels to Russia’s Lukoil.
Petrobras, the operator of the Libra consortium, has started contracting suppliers for the design, construction, installation and testing of the High-Pressure Separation technology (HISEP) that aims to separate and reinject gas with high CO2 content produced alongside the oil while still on the seab
The UK regulator welcomes the court ruling, while environmentalists suffer a setback, sparking renewed determination to continue fighting.
Heerema Marine Contractors has secured a contract with McDermott to transport and install six jackets for Saudi Aramco’s Marjan project.
Serica is planning to drill an exploration well in the North sea and undertake a well intervention campaign to boost production.
Enauta has completed the repair of a production line on the FPSO but the production from the field is still shut due to a Covid-19 outbreak.
U.S. offshore safety regulator has released an investigation report on a fatal incident on Fieldwood Energy’s platform in the Gulf of Mexico.
Well-Safe Solutions has reached a major milestone with the mobilisation of its Well-Safe Guardian rig for its first job in the UK North Sea.
Singapore-based offshore service operator Nortrans Offshore has secured a five-year charter contract extension with the US energy major Chevron for the subsea vessel Nor Naomi.
Norway’s oil production in December 2021 was below the NPD’s predictions for the second consecutive month along with the gas output.
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.
