Offshore
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Larsen & Toubro scores Bassein Development contract
Mumbai: Larsen & Toubro has announced that subsidiary, L&T Hydrocarbon Engineering (LTHE), has won an offshore contract from Indian multinational…
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Hercules Offshore offloads ageing jackups
Houston: NASDAQ-listed Hercules Offshore has offloaded two ageing jackup rigs for around $1.8m each, its latest fleet status report reveals.…
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Exxon Mobil suspends production at three rigs offshore the Santa Barbara pipeline spill
San Francisco: Exxon Mobil has halted production at three offshore oil rigs along California’s Santa Barbara coast – a further…
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Green groups turn to ‘walrus rule’ in fight against Shell Arctic drilling
San Francisco: Green groups on Tuesday were pressing the US government to rescind its approvals for Shell’s Arctic drilling campaign…
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McDermott lands LLOG Otis oilfield contract
Houston: Houston-based, New York listed McDermott International has landed a big lump-sum contract from LLOG to support the latter’s development…
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Alam Swiber Offshore wins Chevron subsea pipeline installation contract
Kuala Lumpur: Offshore operator Alam Maritim Resources has announced that its joint venture with Singapore’s Swiber, Alam Swiber Offshore, has…
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Transocean wins $109m in new contracts, delays drillships at Jurong Shipyard
Singapore: Transocean has revealed a series of new and changed contracts to the value of around $109m while issuing its…
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Maersk Drilling to shed close to 200 staff
Copenhagen: A.P. Moller–Maersk Group offshore drilling arm, Maersk Drilling, is in the process of making 180-190 Norway-based employees redundant. In…
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Island Offshore reduces work hours for shore-based staff
Oslo: Norwegian offshore vessel operator Island Offshore has said that it will be reducing the working hours of all office…
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DOF Subsea declares option on GC Rieber Shipping CSV
Oslo: DOF Subsea has declared its first of five one-month options on multipurpose subsea construction vessel Polar King (4,100dwt, built…
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Shanghai Bestway secures double jackup rig contract
Shanghai: Shanghai Bestway Marine Engineering Design has announced that subsidiary, Shanghai Bestway Marine Machinery Equipment Import and Export Company, has…
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Explosion on Pemex rig in Gulf of Mexico forces inspectors to evacuate
Mexico City: An oil platform run by Pemex in the southern Gulf of Mexico suffered what appeared to be an…
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Shell’s Noble Discoverer earns compliance from USCG for Arctic campaign
San Francisco: Shell’s second Arctic drilling rig cleared a lot of safety and security requirements on Monday when the US Coast…
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Shesh Venkatraman appointed CEO of Miclyn Express Offshore
Singapore: Well-known offshore executive Shesh Venkatraman has been appointed the new chief executive officer of offshore operator Miclyn Express Offshore,…
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Havyard wins ESVAGT crew change vessel design contract
Oslo: Havyard group has announced that its design division, Harvard Design & Solutions, has won a contract from Spanish yard…
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Injured former Shell worker cites inadequate safety practices in 2012 Arctic drilling campaign
San Francisco: A former Shell worker who was on one of its ships the last time the oil giant drilled…
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CEOs of two leading Brazilian firms arrested in Petrobras bribery probe
San Francisco: The prominent CEOs of two major Brazilian firms were arrested by police on Friday as part of the…
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Wintershall offloads Norwegian assets for $602m
Stavanger: Wintershall, a subsidiary of German chemicals giant BASF, is selling its assets in four non-operated fields Knarr (20%), Veslefrikk…
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Hercules Offshore shares plunge 62% on restructuring news
Houston: Drilling contractor Hercules Offshore’s shares plunged 62% on the NASDAQ yesterday after it was announced that the company would…
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Shell conducts well blowout emergency tests
San Francisco: Shell Oil has tested emergency response equipment in case of a well blowout in Arctic waters, federal regulators…
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