Transocean and Italian oil company Eni have reached an agreement in a dispute related to a contract for the Deepwater Pathfinder drillship.
President and chief executive officer of offshore drilling contractor China Oilfield Services Limited (COSL) has submitted his resignation to the company’s board of directors.
Jadestone Energy has started arbitration proceedings against Teikoku, a subsidiary of Inpex, related to Jadestone’s acquisition of an interest in Block 05-1 PSC, offshore Vietnam.
NDT inspections specialist TSC Subsea has acquired a new profile through the recent acquisition of Eddyfi/NDT of Halfwave. The Halfwave business previously divided into two main services: in-line inspection and subsea inspection services. As of 1 July 2020, the subsea inspection services of Halfwave
The first major engineering works on a composite structures research facility FASTBLADE will begin this July. It is a partnership between the University of Edinburgh and Babcock International Group, supported by Edinburgh Innovations. A team of Babcock engineers will begin construction of FASTBLADE’
Malaysian FPSO provider Yinson has executed a final settlement with PetroVietnam regarding last year’s termination of the $1 billion FPSO charter contract.
Offshore drilling contractor Borr Drilling has regained compliance with the New York Stock Exchange (NYSE) continued listing standard.
Equinor has started conducting wind measurements to investigate the possibility of developing and constructing an 800 MW floating offshore wind project in South Korea. Two floating wind speed measurement installations using LiDAR technology have been deployed in the East Sea from Ulsan to conduct me
Subsea market intelligence and consultancy specialist Archer Knight has made a series of key appointments. The company has promoted four members of its team as it prepares for a period of UK and international expansion. On the consultancy side of the business, Derek Beddows will become director of d
Transocean has been awarded a contract for drilling and completion services on the LLOG-operated Shenandoah project in deepwater of the Gulf of Mexico. LLOG operates the Shenandoah discovery since April 2018. The project is located in the unit comprised of Walker Ridge blocks 51, 52, and 53 in the d
Golar Power has teamed up with Argentina’s Galileo Technologies to expand its LNG footprint in Brazil. Under the deal, Galileo will provide gas conditioning, distributed LNG production, LNG filling stations and regasification plants. Golar Power, a joint venture of Golar LNG and Stonepeak Infrastruc
Germany-based TGE Gas Engineering has secured a contract from Flogas Britain for the conversion of the Avonmouth LNG facility into an LPG terminal. National Grid closed the storage facility back in April 2016 as it was approaching the end of its technical life. The terminal was previously ensuring s
French containment specialist GTT said Thursday it signed a deal with Russia’s Zvezda shipyard to partner up on the construction of LNG carriers. The technical assistance and license deal will allow Zvezda to build ARC7 ice-breaking LNG carriers fitted with GTT’s containment system. According to the
The Blue-GIFT (Blue Growth and Innovation Fast Tracked) project has has recommended five ocean energy companies for support. This completes the second of three calls for applications in the Blue-GIFT project. The Blue-GIFT project, coordinated by the European Marine Energy Centre (EMEC), aims to hel
