Global specialists in the design, production and rental of subsea technology for the offshore energy industry Subsea Technology & Rentals Ltd (STR) announced the
Lars Sjöbring, Senior Vice President and General Counsel at Transocean Ltd., will be leaving the company, Transocean announced today.
Sjöbring has agreed to aid in the search for a replacement,
K-Sim Navigation and K-Sim DP, Kongsberg Maritime’s latest generation ship-handling and Dynamic Positioning simulators have been chosen to further advance Tsakos
The Norwegian economy will grow less than anticipated in the next three years as the impact of lower oil prices spreads throughout the economy, fresh forecasts
Norwegian oil major Statoil has applied for exploration acreage in the annual round of what's known as Norway's pre-defined licensing round (APA 2015), the company
Schlumberger announced today that it has acquired Novatek Inc. and Novatek IP, LLC., U.S.- based companies that specialize in synthetic diamond technology primarily for the oil and gas industry.
Edelweiss Asset Reconstruction Company has taken over management control of Bharati Shipyard, says a report in ET.
Edelweiss now controls 70% of the Indian yard’s debts.
Safety equipment manufacturer VIKING Life-Saving Equipment said its Offshore Safety Agreements are providing relief for offshore operators seeking to ensure compliance
Denmark's shipping and oil group A.P. Moller-Maersk said one of its employees in Brazil received a request from authorities last month to provide additional information
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered UMW Naga 8, a KFELS B Class jackup rig, to Malaysia’s UMW Oil & Gas Corporation Berhad (UMW-OG).
Venezuela and China have signed a deal for a $5 billion loan designed to increase the OPEC country's oil production, Venezuelan President Nicolas Maduro said.
China Oilfield Services Limited (COSL) will drill two offshore exploration wells for Russia's Rosneft, the Kremlin-controlled oil giant said on Wednesday, as it
The market for seismic vessels will probably remain weak for an extended period, Petroleum Geo-Services Chief Executive Jon Erik Reinhardsen told an oil conference in Oslo on Wednesday.
Offshore contractor Subsea 7 has been awarded a $150 million subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil for the development of the Culzean field in the UK North Sea.
Singapore's offshore services provider Sembcorp Marine has won an engineering, procurement and construction (EPC) contract worth over USD1 billion for the Culzean
The state-run China Daily says that India's plans to conduct oil exploration off Vietnam coast in the South China Sea is "illegal and is an "unwise move" that
Sembcorp Marine subsidiary SMOE Pte Ltd has secured an Engineering, Procurement and Construction (EPC) contract worth over USD One billion (including long lead
With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management.
MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil,
Oceanographic services company Horizon Marine, a recent CLS Group acquisition, has brought on three new hires in its Marion, Mass. Office, the company announced today.