Fossil Energy
Petronas awards contract extension to Barakah
Malaysia-based Barakah Offshore has been awarded a contract extension from the state-owned operator Petronas.
Kosmos wins dispute with Tullow arising from rig contract
U.S. oil company Kosmos Energy has won a dispute with Tullow regarding its share of the liability of costs related to the West Leo rig contract beyond October 1, 2016. Kosmos Energy’s subsidiary Kosmos Energy Ghana HC was successful in its arbitration against Tullow Ghana Limited in a dispute over r
Equinor granted drilling permit for North Sea well trio
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for three wells in the North Sea.
Program announced for Offshore Wind Event 2018
On 22 and 23 October 2018 Offshore Energy Keynote: Offshore Wind Event will be taking place.
Offshore safety body looks at Lundin’s Barents Sea well testing
The PSA has found improvement points during an audit of Lundin’s extended well testing of well 7220/11-5 S in the Barents Sea.
PG Flow Solutions to supply pump package for Nova tie-back
Rosenberg WorleyParsons has awarded PG Flow Solutions’ subsidiary Calder Ltd a contract to supply a MEG pump package to the Nova tie-back to Gjøa project.
The Offshore Wind Industry’s Urgent Need for Professionals
The offshore wind industry is developing rapidly. Last year, the use of wind energy grew with 19% in the EU. It is expected that by 2030, wind energy will be the most important source of energy. Not only the market is growing; when it comes to technical developments, changes are also rapidly taking
VesselsValue shares top 5 OSV owners after Tidewater-Gulfmark merger news
The merger between offshore vessel specialists Tidewater and Gulfmark will create the world’s largest OSV fleet owner, with the second-ranked highest valued OSV fleet.
Milestone, Leonardo to renew Saudi Aramco helicopter fleet
Milestone Aviation and Leonardo have been selected to renew the medium helicopter fleet of Aramco Overseas Company, a subsidiary of oil giant Saudi Aramco.
Report: Ex-Vantage Drilling CEO charged with corruption in Brazil
Brazilian prosecutors have charged former Vantage Drilling CEO Paul Bragg of corruption and money laundering.
Transocean lands 11-well contract with Chevron
Transocean has been awarded an 11-well contract for the ultra-deepwater semisubmersible GSF Development Driller I offshore Australia.
UK’s production efficiency rises for fifth consecutive year, report reveals
Production efficiency (PE) on the UK Continental Shelf (UKCS) has improved for a fifth consecutive year, rising to 74%, according to a new report released by the Oil and Gas Authority (OGA).
New deals for Solstad Farstad’s offshore vessel sextet
Norway’s Solstad Farstad has won new contracts and extensions of six offshore vessels.
Modec hires Prosafe unit for work in Brazilian waters
Prosafe has been awarded a contract by Modec for the provision of a semi-submersible accommodation vessel.