Fossil Energy
Austrian OMV next in line to enter ADNOC’s offshore oil fields
OMV is next in line to sign an agreement with UAE’s ADNOC for interest in the Middle Eastern company’s offshore oil fields.
Norway OKs Aker BP’s plan for Norwegian Sea field development
Norwegian Ministry of Petroleum and Energy has approved Aker BP’s plan for development and operation of the Ærfugl field located in the Norwegian Sea.
International offshore rig count sinks to 185 units in March
The international offshore rig count for March 2018 dropped both sequentially and year-over-year, according to a Friday report by Baker Hughes, a GE company.
Teekay gets rid of stake in Australian towage firm
Kotug and Teekay have made a deal to re-shape KT Maritime Services Australia (KTM) from a 50/50 joint venture to a full subsidiary of the Kotug group.
Bassoe – Green oil: offshore rig technology disruption in Norway continues
The next generation of harsh environment semisubs is on its way as the Norwegian oil industry takes a step forward in its quest for optimization and sustainability.
Toisa hires shipbroking specialist Clarksons to sell 26 vessels
A U.S. Bankruptcy Court has allowed the debt-laden vessel owner Toisa to hire the shipbroking specialist Clarksons as its broker to facilitate the fleet sale.
McDermott-CB&I merger challenged by shareholder
McDermott has once again urged its shareholders to vote “FOR” the proposal amid objections by one company which owns nearly 2% of McDermott.
Inpex takes Solstad Farstad’s PSV duo for Ichthys ops
Inpex Australia has awarded Solstad Farstad contracts for the provision of two offshore supply vessels.
DOF units score Brazilian gig
DOF Subsea Brazil and Norskan Offshore have been awarded contracts for the Skandi Commander and one ROV.
Bahrain: Offshore find contains 80 billion barrels of oil. Production to start within 5 years
Following the news on Bahrain making its largest oil discovery ever, the country has also put a number to it –“at least 80 billion barrels.”
DOF Subsea scoops set of new deals
Subsea services provider DOF Subsea has been awarded various contracts in the Atlantic region.
C-Innovation wins 3-year deal with BP in Gulf of Mexico
C-Innovation (C-I), an affiliate of Edison Chouest Offshore, has secured a three-year contract with BP in the Gulf of Mexico.
Petrobras opts for Vallourec’s tubular solutions on pre-salt assets
Vallourec has signed new contracts for the supply of products and services to the Brazilian national oil company Petrobras.
Golden Energy’s platform supplier stays with Total in Nigeria
Golden Energy Offshore Services has been awarded a contract extension for one of its PSVs with Total in Nigeria.