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Oil & Gas

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Malaysian contractor snaps up two offshore deals
Oil & Gas

Malaysian contractor snaps up two offshore deals

Two subsidiaries of Malaysia’s engineering services company T7 Global were awarded contracts from Carigali Hess and PTS Resources.

about 6 years ago
Ekofisk
Oil & Gas

ConocoPhillips CFO to retire after 39-year career

ConocoPhillips has said that Don E. Wallette, Jr. will be retiring as executive vice president and a chief financial officer after a 39-year career with the company.

about 6 years ago
Wintershall Dea
Oil & Gas

Wintershall Dea books quarterly loss, cuts capex

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.

about 6 years ago
Assets in question; Source: Total
Oil & Gas

Total renegotiates terms of non-core North Sea assets sale with NEO Energy

HitecVision and NEO Energy have renegotiated terms for the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from French oil major Total.

about 6 years ago
Worley
Oil & Gas

Worley bags two frameworks with BP

BP and Worley have entered into two global framework agreements, one for conceptual engineering and the other for early engineering and front‐end engineering design services.

about 6 years ago
Location of Verbier; Source: Equinor
Oil & Gas

Jersey now majority owner and operator of Verbier discovery

Jersey Oil & Gas (JOG) has completed the acquisition of an additional 70 per cent working interest in Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.

about 6 years ago
Maersk Supply Service gets subsea removal task for Dunlin Alpha platform
Oil & Gas

Maersk Supply Service gets subsea removal task for Dunlin Alpha platform

Maersk Supply Service has secured a contract by Fairfield Betula Limited for the removal of the Dunlin Alpha platform’s subsea conductors and guide frames.

about 6 years ago
The Northern Lights template
Oil & Gas

Using oil and gas know-how to develop CO2 capture and storage project amid push for lower emissions

Using their decades of experience in the oil and gas sector, three majors are moving forward with a project which will enable the transport of carbon dioxide captured from industrial sites in Norway and its storage in a reservoir below the seabed in the North Sea off Norway.

about 6 years ago
GALLERY: Giant Sleipnir vessel wraps up decommissioning campaign for ConocoPhillips
Oil & Gas

GALLERY: Giant Sleipnir vessel wraps up decommissioning campaign for ConocoPhillips

Earlier this month, Heerema Marine Contractors’ giant semi-submersible crane vessel Sleipnir completed its first decommissioning campaign of the season.

about 6 years ago
Floatel Endurance: Source: Floatel
Oil & Gas

Floatel accounts blocked. Debt payment put off until mid-June

Floatel International, a provider of offshore accommodation rigs, has entered into an agreement with bondholders for an extension of a forbearance agreement until 15 June 2020.

about 6 years ago
KrisEnergy assets; Source: KrisEnergy
Oil & Gas

Interim chief financial officer of KrisEnergy takes on permanent role

Oil and gas company KrisEnergy has decided to promote its interim chief financial officer (CFO) to a permanent role.

about 6 years ago
Source: Damen
Oil & Gas

Damen to deliver components package for oil recovery vessel

Dutch shipbuilder Damen Shipyards Group has signed an agreement with Korean-based Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package for a multi-purpose vessel.

about 6 years ago
PD&MS’ support work on Spirit Energy's decom ops in Morecambe Bay in 2018 Source: PD&MS
Oil & Gas

PD&MS wins modifications job on Spirit Energy’s facilities

UK engineering company PD&MS Group has been awarded a new three-year contract with options for a further three-year extension with Spirit Energy.

about 6 years ago
Deepsea Stavanger rig
Oil & Gas

Odfjell Drilling to idle rig prior to Total gig in South Africa

Odfjell Drilling and Total have agreed to keep Odfjell’s semi-sub rig Deepsea Stavanger idle in Norway prior to mobilising it to South Africa for Total’s drilling operations.

about 6 years ago
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