Offshore
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Polarcus awarded seismic project offshore UK
Dubai: Oslo-listed seismic vessel owner Polarcus has said it has signed a letter of intent with an unnamed client to…
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Siem Offshore makes structural changes
Oslo: Subsea 7 spinoff, Siem Offshore Inc, has announced a major restructuring of the business to form two separate divisions…
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New budget a boon for UK offshore oil & gas and maritime sectors
London: UK chancellor George Osbourne has unveiled his new budget for the fiscal year 2015, which comprises a number of…
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Gulf of Mexico offshore block sales raise $539m in subdued bidding
New Orleans: The US Department of the Interior raised $539m in lease sales for oil and gas properties in the…
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Transocean to scrap four more offshore rigs
New York: Offshore drilling contractor Transocean announced on Wednesday it will scrap four rigs it had previously planned to sell, and…
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ConocoPhillips to slash budget, cut jobs
Houston: US oil and gas multinational ConocoPhillips announced on Wednesday that it is planning to shed billions of dollars from…
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Indonesia hands Statoil another licence
Oslo: Statoil was today awarded new exploration acreage through the Aru Trough I licence offshore Indonesia. The licence covers an…
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Statoil’s latest gas find
Oslo: Statoil has found gas and is now drilling at wildcat well 6706/12-2, some 6 km west of the Aasta…
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Knarr field produces first oil for BG Group
Oslo: BG Group has said today that Teekay FPSO Petrojarl Knarr has started production from the Knarr oil field in…
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Nordic American Offshore’s Hansson put his money where his mouth is
Oslo: Executive chairman and president of NYSE-listed Nordic American Offshore (NAO) Herbjorn Hansson has put his money where his mouth…
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More drilling more safely, says Interior Secretary Jewell
Washington: US Interior secretary Sally Jewell had it both ways on Tuesday, telling a Washington DC audience that the government…
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KrisEnergy kicks off Gulf of Thailand drilling
Singapore: KrisEnergy has said that Key Gibraltar jackup rig has commenced drilling of the Rossukon-2 exploration well in the G6/48…
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Farstad offloads old AHTS
Oslo: Oslo-listed offshore specialist Farstad has taken a $0.53m loss this quarter by selling an old anchor handler. The AHTS…
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Aker Solutions looks to the future
Oslo: Aker Solutions has showed investors five strategic objectives after splitting in two in September. The company, which meets today…
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Greatship: The nine-year path to the top
Mumbai: If it had not been for a difference of opinion between the Sheth cousins over the manner in which…
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Gas exploration success for Eni in Indonesia and Libya
Jakarta: Energy group Eni has announced that it has completed post drilling studies on the Merakes-1 gas finding at East…
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Report says Gulf environment returning to baseline after Deepwater Horizon
Houston: A report into the environmental impact of the Deepwater Horizon disaster was released by BP on Monday and its…
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Cosco Shipping exercises Hudong Zhonghua heavy lift options
Shanghai: Cosco Shipping has announced that it has exercised options for two 28,000dwt heavy lift vessels at Shanghai Hudong Zhonghua…
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Petrobras starts production on offshore rig P-61
San Francisco: Brazil’s state-run oil giant Petrobras announced on Monday it has started production on its P-61 tension leg offshore…
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KBR signs six-year offshore management deal with Saudi Aramco
New York: US engineering firm KBR announced on Monday it has signed a six-year deal to provide project management services for…
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