Offshore
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Statoil delays Johan Castberg and Snorre projects
Oslo: Statoil has delayed two major offshore projects, Johan Castberg and Snorre, by more than a year. Concept selection for the…
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GC Rieber charters subsea vessel to DOF
Oslo: GC Rieber Shipping has chartered out multipurpose subsea construction vessel Polar King (4,100dwt, built 2011) to DOF Subsea for…
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KS Energy lands Indonesia contract for jackup rig
Singapore: Singapore offshore firm KS Energy has announced that its Indonesian subsidiary, PT Atlantic Oilfield Services together with its joint…
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Wintershall takes over Vega field from Statoil
Oslo: Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil. The Vega field…
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DOF gets Chevron extension and new Sigurd Ross deal
Oslo: Offshore and subsea vessel owner DOF has signed a deal with Chevron Brazil to extend the contract for construction support vessel Skandi Salvador (3600dwt,…
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Subsea 7 sheds over 1,000 from workforce
Oslo: London-headquartered subsea operator Subsea 7 has shed more than 1,000 from its workforce citing uncertainty in the subsea market.…
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Shell launches Gulf of Mexico’s first LNG-powered OSV
The first LNG-powered offshore support vessel in the Gulf of Mexico began operating for Royal Dutch Shell on Thursday. Harvey…
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EMAS Offshore issues new notes
Singapore: Oslo and Singapore listed EMAS Offshore has announced that it will be looking to raise $500m in funds, establishing…
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Alam Maritim awarded Petronas umbrella contract
Kuala Lumpur: Alam Maritim has received a letter of award from Petronas for the provision of spot charter marine vessels,…
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SapuraKencana founder, Mahathir’s second son, quits
Kuala Lumpur: Malaysia and boardroom rumbles are becoming common news threads in 2015. Malaysia’s largest oil and gas services firm,…
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ExxonMobil eyes multiple oil and gas projects
San Francisco: ExxonMobil expects to start up 16 major oil and natural gas projects during the next three years, increasing…
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Oil and gas contractor Cal Dive files for bankruptcy
Houston: Cal Dive, a marine contractor in offshore oil and gas, has filed for voluntary bankruptcy protection. The Houston-based firm…
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Rig sparks diplomatic spat between Guyana and Venezuela
Caracas: Guyana officials warned Venezuela on Wednesday not to interfere with plans for an ExxonMobil drilling rig in disputed waters.…
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Pacific Radiance tapping Chinese funds with new jv
Singapore: Just a day after setting up a vessel owning and operating jv in Malaysia, Singapore offshore operator Pacific Radiance…
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Polarcus awarded offshore Egypt contract
Dubai: Oslo Bors listed seismic vessel owner Polarcus Limited has received an award from an unnamed client for a 3D…
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McDermott wins Indonesia subsea fabrication contract
Houston: McDermott International has been awarded a sizeable manifold and subsea safety isolation valve module fabrication contract by FMC Technologies…
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Petrobras to sell off $13.7bn in assets before end of 2016
Petrobras, Brazil’s state-run energy giant, will sell off $13.7bn in assets over the next two years, it announced. Stocks reacted…
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US government to auction more Gulf of Mexico oil and gas fields
San Francisco: Even with oil prices slumping the US Government is preparing an August auction of more than 21 million…
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Statoil contracts world’s largest ship
Oslo: Pioneering Spirit, which lays claim to being the largest ship afloat, has inked a deal with Statoil for work…
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600 staff to go at Odfjell Drilling
Oslo: Odfjell Drilling has sent out a compensation package offer to 600 onshore workers as redundancies loom amid the weak…
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