Fossil Energy
Thematic session: Competing for marine space
The EEZs of coastal countries, especially in the North Sea and Baltic Sea, are increasingly used for economic activities.
Damen takes control of shipyard in Romania
Dutch Damen Shipyards Group has assumed operational control at the Mangalia shipyard in Romania
U.S. senators urge Zinke to abandon rollback of offshore drilling rules
U.S. senators are opposing the Trump administration’s rollback of environmental protections for offshore oil and gas drilling operations.
Keppel wins $51M in FPSO, FSRU contracts
Singapore’s Keppel Offshore & Marine Ltd has through its subsidiaries been awarded two contracts with a combined value of about S$70 million (USD 51 million).
W&T Offshore names new VP for Gulf of Mexico
Houston-based oil and gas company W&T Offshore has named a new vice president and general manager for the Gulf of Mexico.
Rovco on course to double its workforce
UK-based Rovco has announced plans to double its workforce as it prepares for further global expansion following a year of growth for the company.
Popular news, July 16 – 22, 2018
The most popular articles of the week.
U.S. offshore rig count down to 17 units
The number of U.S. offshore rigs dropped to 17 units this past week, according to a Friday report by Baker Hughes.
Schlumberger CEO: E&P spend will rise to meet increasing demand
Oilfield services giant Schlumberger posted a second-quarter revenue of $8.3 billion, an 11 percent rise compared to a revenue of $7.4 billion a year ago, as its CEO expects an increase in E&P spending.
Sembcorp Marine swings to loss
Singapore’s rig builder Sembcorp Marine posted a loss for the second quarter of 2018 despite recording a significant increase in revenues during the period. The company on Friday posted a net loss of $55.6 million for the second quarter of the year compared to a profit of $5.1 million in the same pe
Baker Hughes books loss in second quarter
Baker Hughes, a GE company, recorded a net loss during the second quarter of 2018 while its revenues were up by 2 percent.
Marine Energy Event 2018: Unlocking the potential
The 4th annual Marine Energy Event, taking place on 24 October 2018 from 13.00 – 17.00, provides an up-to-date market outlook for marine renewable energy projects – focusing on the latest developments in wave, tidal, ocean thermal, and salinity gradient power generation. Navigated by chairman Peter
UK: Perenco hands in Tyne decommissioning plan
Perenco has submitted its draft decommissioning program for Tyne South and Guinevere installation in the North Sea to the UK authorities.
New York loses climate change lawsuit against oil majors
A United States district judge has dismissed a climate change lawsuit filed earlier this year by the City of New York against five oil majors Chevron, Exxon Mobil, ConocoPhillips, BP, and Shell.