
Section 27 of the U.S. Merchant Marine, sponsored by Senator Wesley L. Jones and enacted in June 1920, requires vessels traveling between any two U.S. points to be U.S.-manufactured, -owned, -flagged, and -crewed (with some exceptions). This has become a stumbling stone for the offshore energy indus

Oilfield services provider TechnipFMC has completed pipe laying works and subsea systems installation on Energean’s Karish located offshore Israel.

Brazilian oil major Petrobras has prolonged the deadline for certain conditions of an agreement and settlement with Sete Brasil related to a charter of four and termination of contracts for 24 drilling rigs.

Russian oil and gas company Lukoil has elected a new chairman of the company’s board of directors following the death of its long-time chairman.

Following its recent removal from the UK North Sea, Shell’s oil and gas platform Brent Alpha has arrived at a decommissioning yard in the UK.

Cluff Natural Resources has changed its name to reflect its transition in the company’s main investments into a more operational phase.

The Norwegian Petroleum Directorate (NPD) has presented the six directors that will make up its senior management team.

Brazilian state-owned oil company Petrobras has named a new member of its board of directors.

FAR has signed new joint operating agreements for the A2 and A5 Blocks in The Gambia, with Petronas while efforts to find an additional partner to drill an exploration well are ongoing.

Aker Solutions has received a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea. The potential contract value is approximately NOK 2 billion, excluding options. The scope of work covers a complete subsea production system, and associated e

The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for two wells located in the Norwegian Sea.

Norwegian oil and gas company Aker BP has submitted the plan for development and operation (PDO) for Hod to the country’s Ministry of Petroleum and Energy.

Australian firm BHP has selected three companies to deliver an early engineering study for floating storage and offloading (FSO) unit for the Trion field in the Mexican part of the Gulf of Mexico.

Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has established a Norwegian subsidiary, Exceed Norge.