Offshore
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Pedro Parente named new Petrobras CEO
Pedro Parente was confirmed on Friday as the new chief of Brazil’s scandal-plagued state oil company Petrobras. Parente, an engineer,…
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Technip and FMC Technologies announce $13bn merger
France’s Technip and US-based FMC Technologies have announced they will merge to create TechnipFMC, a move they say will redefine…
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Reach Subsea teams up with Aibel
Norwegian subsea specialists Reach Subsea and Aibel have entered into a formal cooperation agreement for projects within subsea oil and…
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Keppel forms Russian joint venture
Keppel Offshore & Marine (Keppel O&M) has entered into a shareholders’ agreement with Russian national oil company, Rosneft, and Norwegian…
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Petrofac given North Sea extension by Total
Petrofac has announced that it has been awarded an enhanced three-year contract extension on the Alwyn and Dunbar platforms in…
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Pemex looks for possible partnerships in deepwater Gulf of Mexico deals
Mexico’s state oil firm Pemex is talking with some multinational energy giants regarding possible cooperation in offshore projects, according to…
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Sete Brasil fraud case widened to include Odebrecht
Washington-based investment firm EIG Management has expanded its Petrobras-related fraud lawsuit to include Odebrecht and some shipyards, according to Reuters.…
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TGS hit by tax investigation
The Norwegian government has notified seismic data firm TGS of a claim for compensation of up to NOK326m for the…
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Former presidential chief of staff Dirceu gets 23 years for role in Petrobras bribe scandal
The former chief of staff to Brazil’s ex-President Luiz Inacio Lula da Silva (known as Lula) was sentenced on Wednesday…
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Dolphin Offshore scores brace of new contracts
India’s Dolphin Offshore has announced that it has secure a contract worth $3.99m from ONGC for underwater structural repair of…
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15 companies sign offshore engineering standards MOU
15 leading offshore-related companies have signed a memorandum of understanding (MOU) to establish engineering industry standards at the Offshore Technology…
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Dolphin Geophysical wins Black Sea seismic survey contract
Dolphin Geophysical, part of GC Rieber, is to undertake a seismic data acquisition and processing contract for Black Sea Oil & Gas…
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Siem Offshore buys out Secunda Canada
Norway’s Siem Offshore has bought the remaining 50% stake in Secunda Canada LP, which manages a “harsh-weather” fleet of offshore support…
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Seadrill does debt-for-equity deal
John Fredricksen’s Seadrill has privately negotiated an exchange agreement with certain holders of its outstanding 5-5/8% senior notes due 2017.…
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Ensco rigs and job losses stack up
UK-headquartered offshore driller Ensco is cutting another 350 jobs, the result of a move to stack three drillships and a…
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Sembcorp Marine’s Estaleiro Jurong Aracruz targets repair work
Looking for new lines of business as Brazil’s offshore sector continues to struggle, Sembcorp Marine’s Brazilian shipyard Estaleiro Jurong Aracruz…
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Petrobras granted 27-year extensions on two offshore leases
The leases held by state oil giant Petrobras for two offshore oilfields have been extended 27 years by Brazil’s oil…
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Malaysia’s UMW Oil & Gas cuts 300 jobs
Malaysian offshore drilling and oilfield services contractor UMW Oil & Gas has cut about 300 jobs in order to deal…
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Shell pipeline spill skimming off Louisiana completed
The skimming part of the Shell oil-spill cleanup off the Louisiana coast has ended according to the Dutch-British supermajor and…
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Independent audit estimates 517m barrels of oil reserves off Falkland Islands
Rockhopper Exploration on Tuesday announced it has confirmed potential oil reserves of around 517m barrels off the Falkland Islands according…
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