Fossil Energy
Petrobras to borrow up to $400M to support procurement from UK suppliers
Petrobras has signed a financing agreement for up to $400 million as part of its four-year business plan.
GALLERY: Aker Solutions loads out Kaombo subsea trees
Norwegian oil services company Aker Solutions has loaded out seven vertical subsea trees set for Total’s Angola Block 32.
Proserv to upgrade subsea control equipment for Repsol’s Yme field
Proserv has secured a contract with Repsol to upgrade and build new subsea production control equipment for the Yme field redevelopment in the Norwegian North Sea.
Lankhorst delivers mooring ropes for Shell’s Appomattox
Lankhorst Ropes has completed the engineering, design, fabrication and delivery of the deepwater mooring rope for the Shell’s Appomattox project located in the U.S. Gulf of Mexico. At over 63,000m, it is the longest ever rope meterage for a single deepwater mooring contract, according to Lankhorst’s
Vroon boss steps down amid restructuring
Vroon’s managing director has decided to step down from his position just days after the company reached an agreement with its lenders regarding the terms of its financial restructuring.
Statoil eyes Odfjell Drilling rig for six firm wells
Odfjell Drilling has been awarded a conditional letter of intent (LOI) by Statoil for a drilling contract for Deepsea Atlantic rig.
Norwegian operator buys more Faroe stake
Norwegian oil and gas operator DNO ASA has further increased its stake in UK-based Faroe Petroleum.
Kim Heng anchor handler scoops rig towing deal
Singapore-based Kim Heng Offshore & Marine has won a spot charter contract for one of its AHTS vessels.
Aker BP joins Norwegian subsea cluster
Norwegian oil and gas company Aker BP has joined GCE Subsea Cluster as a new industry partner.
U.S. offshore regulator allows suspension of Beaufort Sea leases
The BSEE approved suspensions of operations on AEX’s 20-lease Taktuk unit and one additional lease, in the Beaufort Sea.
Solstad Farstad sells anchor handler
Solstad Farstad ASA, has sold one of its AHTS vessels.
UK firm develops decom solution for Thai operator
Longitude Engineering has developed a decommissioning barge concept for the removal of small oil and gas platforms for PTTEP.
Popular news, April 9 – 15, 2018
The most popular articles of the week.
U.S. weekly offshore rig count climbs to 16 units
The number of offshore rigs in the U.S. is up to 16 units, according to Friday’s report by Baker Hughes.