Fossil Energy
Ex-Subsea 7 man to take chief executive role at DeepOcean
Offshore services provider DeepOcean has chosen a new chief executive officer (CEO) of the company.
Apache’s executive VP to retire. Replacement named
Apache Corporation’s executive vice president of corporate reservoir engineering has decided to retire.
UAE divisions of Scottish engineering firms team up for new projects
UAE branches of Flowline Specialists and Motive Offshore have agreed to join forces in order to collaborate on projects in the region.
McDermott posts higher profit and revenues
Houston-based EPCI contractor McDermott recorded an increase in both profit and revenues for the first quarter of 2018.
Ensco sees one contract terminated as three rigs go to scrapyard
UK-based driller Ensco has won new contracts for a number of its drilling rigs but has also lost one contract and scrapped three rigs.
Helix Energy narrows quarterly loss
Helix Energy Solutions narrowed its net loss as its revenues grew during the first quarter of the year.
Octanex in talks to exit Ophir field
Octanex is discussing with Petronas the termination of the risk service contract related to the Ophir field development located offshore Malaysia.
Hit by lower revenues, Saipem slips into the red
Affected by lower revenues, Italian offshore contractor Saipem sank to a loss during the first quarter of the year.
Iran: Offshore part of South Pars Phase 14 to be completed by March 2019
The offshore part of the South Pars Phase 14 development will be completed in March 2019, the Pars Oil & Gas Company has said.
Erskine remains shut as Chrysaor works to resolve pipeline problem
Chrysaor is working on a pipeline bypass program in the UK North Sea, following a blockage which forced Chevron to shut-in production from its Erskine field.
Petrofac sells JSD6000 vessel project to China’s ZPMC
Petrofac has signed an agreement to sell the JSD6000 derrick lay vessel project to Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC).
SKF hired for condition monitoring of BP’s UK assets
SKF has signed a three-year, multi-million-pound contract with BP to supply condition monitoring services to its UK offshore assets.
Schlumberger in quarterly profit surge
Oilfield services provider Schlumberger recorded an increase in its profit and revenues for the first quarter 2018 when compared to the same period last year.
Kreuz Subsea deploys new dive support vessel for Shell job
Kreuz Subsea has mobilized the recently delivered new-build dive support vessel, Kreuz Challenger, as part of its seven-year contract with Brunei Shell Petroleum Company (BSP).