A Seadrill-owned drillship has completed drilling operations on a well located in the deepwater Gulf of Mexico.
Following Saipem’s financial woes, Moody’s downgraded the company’s rating to B1 and placed all the ratings under review for downgrade.
Aker Solutions is acquiring Unitech Power Systems, a Norway-based electrical power systems consultant, as part of its growth strategy and with the aim of further accelerating its transformation. Aker Solutions states that the acquisition is an important step towards the company creating an engineeri
Hornbeck Offshore has added three offshore supply vessels to its fleet following an auction carried out by MARAD.
A review of the oil and gas industry’s progress against the terms of the North Sea Transition Deal has shown strong progress, OGUK says.
Petrofac has secured two new contracts with Cairn Oil & Gas, Vedanta Limited with a combined value of approximately $100 million.
Serica Energy has awarded a crane operations and maintenance services contract on one of its platforms in the UK North Sea to Sparrows Group.
Vaalco Energy has completed its first well of four wells in the 2021/2022 drilling campaign offshore Gabon.
Shearwater Geoservices’ Geo Coral has commenced the Keraudren Extension Phase II (KE2) 3D seismic survey in the Bedout Basin offshore Australia. KE2 will cover approximately 650 km² and will fill in the northern area of the Keraudren Extension Survey, which was initially acquired in mid-2021, accord
GMS has appointed a former CFO of the Qatari Investors Group as its new CFO, since, its current CFO has decided to step down from the role.
After remaining unchanged for two weeks in a row, the number of offshore rigs in the U.S. fell down to 16 units last week.
The world is changing fast and the offshore energy industry goes along with it.
Oil and gas giant Shell has made an oil discovery in its exploration well in the Orange Basin offshore Namibia.
Following an off-market takeover bid from Samuel Terry Asset Management, one of FAR’s shareholders has repudiated the offer.
