Offshore
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Brightoil scraps share placement scheme
Hong Kong: Another energy-related firm has scrapped fund raising plans amid the prolonged low oil price era. China’s Brightoil Petroleum…
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Deep Sea Supply wins one, loses one
Oslo: Fredriksen-controlled Deep Sea Supply has said in a statement today that it has been awarded a new contract, but…
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BW Offshore FPSO charter extended
Oslo: BW Offshore has announced that Brazilian oil and gas company PetroRio has signed a one-year charter extension for FPSO Polvo. The…
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Department of the Interior reaffirms Shell’s Arctic oil lease
Washington: The US Department of the Interior (DoI) confirmed the hopes of Shell and the fears of environmentalists on Tuesday…
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OAS files for bankruptcy in latest fallout from Petrobras graft probe
San Francisco: A Brazilian building firm filed for bankruptcy protection for nine of its units in a Sao Paulo state…
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BP terminates Ensco and Seadrill rig contracts in Gulf of Mexico
Houston: BP confirmed on Tuesday it had terminated two Gulf of Mexico deepwater drilling rig contracts because it needs to…
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McDermott awarded Chevron Gulf of Mexico subsea contract
Houston: McDermott International has won the contract from Chevron to install subsea equipment at two deepwater sites in the US…
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Production starts at Maersk’s Tyra Southeast-B concession
Copenhagen: Production has started from the new unmanned platform Tyra Southeast-B, Maersk Oil reports. The platform is expected to add…
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Total losses continue to fall, says International Union of Marine Insurance
London: Hull losses have more than halved in frequency since 1997 and continue to fall, the International Union of Marine…
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Solstad marches on with third contract extension this month
Oslo: Solstad Offshore has announced that Subsea 7 has declared an option to extend the contract for the construction vessel…
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Northern Offshore pushes back jackup deliveries
Houston: Oslo-listed Northern Offshore has negotiated a nine month delay in the deliveries of its two jackup rigs currently under…
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BW Offshore restructures Athena FPSO deal
Oslo: BW Offshore has received a notice of termination for the FPSO BW Athena contract from Ithaca Energy. BW Offshore and…
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ExxonMobil starts production at Hadrian South field in the US Gulf of Mexico
San Francisco: ExxonMobil has begun production at the Hadrian South gas field in the deepwater US Gulf of Mexico, the…
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Maryland’s Attorney General Brian Frosh goes on record opposing Atlantic offshore drilling
San Francisco: The Attorney General of the state of Maryland, Brian Frosh, has added his high-profile voice to those of…
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Heerema orders “world’s biggest” semi-submersible crane vessel from Jurong Shipyard
London: Heerema Offshore Services has signed a letter of intent (LOI) with Sembcorp Marine’s Jurong Shipyard in Singapore for the construction…
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Boa Offshore extends charter
Oslo: Norwegian offshore specialist Boa Offshore has extended a firm charter contract with EMAS-AMC until 17 July 2015. The parties…
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Official linked to Sembcorp Marine’s Brazil contracts arrested
Singapore: Singapore-listed Sembcorp Marine has announced today that an official linked to the rig contracts it won in 2012 from…
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Petrobras names Murilo Ferreira as new CEO
San Francisco: Troubled energy giant Petrobras has a new figurehead apparent after the government of Brazil nominated Murilo Ferreira as…
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Helix goes well with three-year extension from Shell
Houston: Shell has agreed a three-year extension of its contract with Helix Energy Solutions for the use of Helix’s Q4000…
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Nordic American Offshore extends credit facility
London: NYSE-listed Nordic American Offshore (NAO) has extended its credit facility with DNB Bank and Skandinaviska Enskilda Banken. The financing has been…
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