
Offshore drilling rig owner Borr Drilling has appointed a new chief financial officer (CFO) of the company.

A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday.

Dutch towage services provider Kotug has been awarded a long-term contract oil major ExxonMobil to provide offshore terminal towage support for operations in Guyana.

An analysis by Norwegian energy intelligence firm Rystad Energy shows that Chinese yards will outcompete Asian rivals on costs in an expected rebound in offshore oil and gas spending from 2021.

Offshore support vessel provider Hermitage Offshore has selected successful bids for the company’s vessels according to the bankruptcy procedures under Chapter 11 protection.

PJ Valves (PJV), a UK-based manufacturer and supplier of valves to the global energy industry, has been awarded two FPSO valve contracts for Petrobras projects in Brazil.

Russian energy giant Gazprom has found another gas deposit at the Leningradskoye field in the Kara Sea which is part of the Yamal gas production centre.

Classification society DNV GL and FPSO specialist Bluewater have teamed up on a pilot project to use hybrid digital twin technology to predict and analyse fatigue on an FPSO hull.

Turkish vessel Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a move which will further test already tense relationships with Greece.

Oil and gas operators are returning its workers to platforms in the Gulf of Mexico following Hurricane Delta, which made landfall on Friday.

Offshore drilling contractor Stena Drilling has won a new contract for its ultra-deepwater drillship Stena Forth in the Mediterranean Sea offshore Israel.

Group chief executive of oilfield services provider Petrofac has decided to retire at the end of the year.

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.

The Ocean Apex semi-submersible drilling rig has been handed over to BP for the drilling of the Ironbark-1 exploration well offshore Australia.