Offshore
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Electromagnetic Geoservices wins Malaysia extension
Norwegian offshore survey specialist Electromagnetic Geoservices has been awarded a contract extension for 3D EM data acquisition work it is…
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Alam Maritim awarded Petronas FLNG work
Malaysian offshore service provider Alam Maritim has announced that it has been received a letter of award from Petronas for…
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Brazil’s Libra field will need oil prices at $55 to break even
The huge subsalt oil and gas fields announced last week to have been discovered offshore Brazil will need oil at…
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Sevan’s agent implicated in Petrobras bribery scandal
An agent who brokered offshore contracts between Sevan Marine and Petrobras in Brazil has come under scrutiny after receiving up to…
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Azilat Petroleum buys two blocks offshore Brazil
Bermuda-based Azilat Petroleum announced on Monday it had bought two oil exploration blocks from Brazilian oil firm OGX Petroleo e…
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Siem Offshore wins AHTS contract in Australia
Siem Offshore has won a contract from Woodside Energy that will employ one of its anchor handling tug supply (AHTS)…
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EMAS Offshore scores new contracts
EMAS Offshore has announced a host of new deals today, made up of charters with an oil major In West…
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Triyards clinches $100m in new orders
Singapore-listed Triyards has announced that it has received $100m worth of new orders including three chemical tankers, two high speed…
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The truth, the whole truth and nothing but the truth
What is the responsibility of companies to keep markets fully informed? Over the last few months I have been researching…
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Yinson FPSO gets contract extension in Nigeria
Addax Petroleum Development (Nigeria) has extended its contract on Yinson Holdings’ floating production storage and offloading (FPSO) unit  by a…
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Seadrill distances itself from Petrobras corruption scandal
Seadrill Limited has moved to distance itself from the Petrobras corruption scandal which has snared both Sevan Marine and Sevan…
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SBM Offshore wins Australian FEED deal from Technip
SBM Offshore announced today that it has been awarded a new contract from Technip for the front-end engineering and design…
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ZPMC to take legal action against Petrofac over $1bn contract termination
China’s Shanghai Zhenhua Heavy Industries (ZPMC) has announced that it will take legal measures against Petrofac following the $1bn cancellation…
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Technics Oil & Gas moves into Indonesia with local tie-up
Singapore-listed offshore service provider Technics Oil and Gas has announced that its subsidiary, PT Technics Offshore Jaya (TOJ), has entered…
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US Interior Department cancels prospective lease sales for Arctic drilling
Less than a month since Shell’s surprising decision to pull out of Arctic oil exploration, the US government’s Interior Department…
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Pemex escapes fine over fatal April platform explosion
Mexico’s oil safety agency ASEA said on Friday that the country’s state-run oil giant Pemex faces no fines over a…
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Sevan Marine investigation says illegal payments to Petrobras ‘more likely than not’
An independent corporate investigator has established it is “more likely than not” that ex-Sevan Marine employees made illegal payments to…
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Olympic to lay up three offshore vessels, 60 employees made redundant
Norway’s Olympic Shipping is to lay up two anchor handling tug supply (AHTS) vessels and a platform support vessel. A…
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Deepocean wins Walney Extension contract from Dong
Norway’s DeepOcean has been awarded a contract by Dong Energy for installation and trenching works for the Walney Extension offshore…
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Over 70 offshore vessels laid up in the North Sea
Two more anchor handling tug supply (AHTS) vessels have been idled in Norway, bringing the number of vessels laid up…
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