Offshore
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Petrobras board extends CEO’s term by two years
Brazil’s state oil firm Petrobras is giving a two-year extension to its CEO Pedro Parente, the firm’s board decided on…
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Prosafe secures further extension from Repsol Sinopec
UK accommodation platform operator Prosafe has announced that Repsol Sinopec Resources UK has exercised a further four weeks of options…
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Bankruptcy judge protects Ezra’s assets
A bankruptcy judge in the US ruled yesterday no company can seize any assets belonging to troubled Singaporean offshore operator…
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Schlumberger takes sizeable stake in Borr Drilling
Schlumberger, the world’s top oil services provider, has bought a stake in new Norwegian rig operator Borr Drilling. Norwegian financial…
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Marco Polo looks to Malaysian JV with Nam Cheong to find work
The joint venture company owed by Singapore’s Marco Polo and Malaysia’s Nam Cheong, Marco Polo Offshore, has incorporated a new…
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Ezion takes over rigs from JV with Swissco
Singapore’s Ezion Holdings has entered into various sales and purchase agreements to take full control of two joint ventures with…
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Aban Offshore secures drillship contract from ONGC
Indian offshore driller Aban Offshore has received a letter of award from ONGC for the charter of the drillship for…
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Maersk Drilling finds additional North Sea work for jackup
Maersk Drilling has been awarded a contract by CNOOC subsidiary Nexen Petroleum UK for jackup rig . The 140-day contract…
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Trump administration set to unleash energy companies from regulatory shackles
The US administration announced that President Donald Trump will sign an executive order on Tuesday that will free energy companies…
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TechnipFMC awarded Gulf of Mexico subsea contract by Shell
TechnipFMC has been awarded a contract by Shell Offshore, a subsidiary of Royal Dutch Shell, for the delivery, integration, and…
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Vroon, Fred Olsen, MPI Offshore and ZPMC all linked with A2Sea takeover
DONG Energy and Siemens Wind Power are finally close to selling their joint venture shipping line A2Sea after years of…
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Solstad, Farstad and Deep Sea Supply merger moves ahead
The Norwegian OSV mega merger between Solstad Offshore, Farstad Shipping and Deep Sea Supply has moved ahead with the boards…
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Rig workers off Scotland hit by radiation
UK energy company EnQuest has come in for flak after the BBC reported that a number of workers on its…
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Eidesvik sets up shipowning unit with CGG
Norwegian OSV operator Eidesvik has announced that it has agreed with CGG to establish a new shipowning unit for 7…
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Congressmen urge Interior to keep moratorium on drilling in the eastern Gulf of Mexico
A group of Florida lawmakers, led by US Senator Bill Nelson, have written to US Secretary of the Interior Ryan…
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Court rules Petrobras within Brazil’s tax law with 2009 deduction
Brazil’s state oil firm Petrobras received some good legal news on Friday with a Brazilian court ruling that the company…
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Singapore oil and gas inferno
The very real risk of contagion spreading across already battered offshore-related stocks on the Singapore Exchange (SGX) probably explains why…
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Noble Corporation secures work from PTTEP offshore Australia
Offshore driller Noble Corporation has secured a short-term contract from Thai oil and gas company PTTEP for the provision of…
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Ezra’s downfall sparks ripple effect
The ripple effect of Ezra Holdings’ bankruptcy petition in the US last week is spreading far and wide. Fellow Singaporean…
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ENI hits oil in shallow waters of Mexico’s Campeche Bay
Italian giant ENI has hit oil in shallow waters of Mexico’s Campeche Bay, the company announced on Thursday. In its…
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