Island Victory, Island Offshore’s installation vessel, has started work on an enormous anchor system being deployed at Equinor’s Johan Castberg field in the Barents Sea.
Prosafe sank deeper into the red in the first quarter of 2020 due to impairment charges resulting from the oil price collapse and the coronavirus pandemic.
Allseas’ giant Pioneering Spirit offshore construction and decommissioning vessel was the home of the first-ever drone to vessel delivery in the Netherlands last week.
Delek Group and Delek Energy have signed an agreement with a third party for the sale of the rights to royalties regarding 26.4705 per cent of rights in the Karish and Tanin leases for oil, gas, and other valuable materials produced and processed at the leases.
Russian oil and gas company Lukoil completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea.
Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.
ConocoPhillips has received consent from the Petroleum Safety Authority to use the Rowan Norway rig on the Ekofisk field offshore Norway.
OOS International has informed that its newbuild semi-submersible heavy lift crane accommodation vessel (SSCV) OOS Serooskerke has been completed and is awaiting sea trials.
Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells.
Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.
French energy company and LNG player Total has reportedly secured $14.4 billion funding for its liquefied natural gas export project in Mozambique. The financing deal includes a group of around 20 lenders for the first phase of senior debt funding, Reuters reported on Thursday citing unidentified so
Oil and gas company Noreco has appointed David B. Cook as the new Chief Executive Officer with effect from 1 July 2020.
Norwegian oil production during April 2020 was above predictions made by the Norwegian Petroleum Directorate (NPD) after a three-month stint of falling short of expectations.
Wintershall Dea has decided to reduce its capital expenditures for 2020 by 30 per cent after booking a loss in the first quarter of the year amid low oil price environment.
