Offshore
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Sumitomo acquires stake in Yinson FPSO subsidiary
Japan’s Sumitomo Corporation has entered into an agreement with Malaysia’s Yinson Holdings to acquire a 25% stake in a Yinson…
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Floatel International seals charter extension with Equinor
Offshore accomodation provider Flotel International has agreed a new extension deal with Equinor for . The extension will see the…
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DOF chairman steps down
Norwegian offshore vessel owner DOF has announced that its chairman, Helge Møgster, will be resigning from the board of DOF…
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Beach Energy and Diamond Offshore go to battle over rig termination
Australia’s Beach Energy, operator of the Victorian Otway Basin Joint Venture, says that it will defend claims brought against it…
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BW Offshore secures FPSO contract extension from Petrobras
BW Offshore has received a contract extension from Petrobras for its FPSO to operate with the Brazilian national oil firm…
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Diamond Offshore Drilling files for chapter 11
US offshore driller Diamond Offshore Drilling filed for chapter 11 in the US Bankruptcy Court for the Southern District Texas…
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Maersk Drilling reducing crew pool by up to 300 as it prepares to stack rigs
Maersk Drilling has revealed its intentions to stack a number of the company’s North Sea rigs, which will lead to…
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Reach Subsea and MMT awarded several new contracts
Reach Subsea and joint venture partner MMT have been awarded several contracts and call-offs under frame agreements for 2020 execution.…
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Floatel charter postponed by Ineos
Offshore accomodation provider Flotel International says that it has agreed with Ineos FPS to postpone the charter for at the…
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DOF awarded Equinor contract, plans for series of layups
Norwegian offshore vessel owner DOF has been awarded a contract by Equinor energy for anchor handing tug supply vessel .…
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Valaris hit by contract terminations and reduced rates
Offshore driller Valaris has suffered a series of contract terminations and reduced rates for its drilling units amid continued uncertainty…
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Fugro awarded long-term contract by Well-Safe Solutions
Dutch seismic and subsea outfit Fugro has been awarded a three-year contract by Well-Safe Solutions to provide services for semi-submersible…
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Rever Offshore awarded North Sea contracts
UK subsea services firm Rever Offshore has won a major contract with Perenco in the Southern North Sea. The contract…
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Tullow Oil appoints new CEO
UK-based oil and gas company Tullow Oil has appointed Rahul Dhir as its new chief executive officer effective from July…
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TechnipFMC secures major EPCI contract from Woodside
TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract by Woodside Energy for the development…
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Beach Energy terminates Diamond Offshore contract for late arrival
Australia’s Beach Energy, operator of the Victorian Otway Basin Joint Venture, has sent notice of termination to Diamond Offshore drilling…
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SeaBird secures work in South America
Offshore seismic specialist SeaBird Exploration has secured a source contract in South America. The contract is scheduled to start in…
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Maersk Drilling contracts terminated by Shell and Aker BP
Maersk Drilling has received notice of contract termination for two rigs, semi-submersible Maersk Developer and jackup Maersk Reacher. BG International,…
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World Marine Offshore takes over KEM Offshore
Denmark’s offshore vessel operator World Marine Offshore (WMO) has taken over compatriot offshore wind vessel owner KEM Offshore through acquiring…
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Prosafe agrees to defer Total contract
Accommodation platform operator Prosafe has entered into an agreement with Total to postpone by one year the commencement date for…
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