Thailand’s Mermaid Maritime said it has been awarded a number of subsea contracts in the Middle East with a total worth of $11million.
It has also reached
The Bureau of Ocean Energy Management (BOEM) and Bureau of Safety and Environmental Enforcement (BSEE) today published a joint environmental assessment on the use
Voith and Funglesangs Subsea AS (FSubsea) signed a collaborative agreement to develop hydrodynamic variable speed drives for advanced subsea pump applications.
Technical developments and operational experience are fundamental to the latest revision of the International Marine Contractors Association’s (IMCA) ‘Guidance
Dutch subsea engineering company Seatools has introduced an intelligent active heave compensation module: HeaveMate, a system for new and existing offshore and subsea equipment such as winches,
Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.
DONG Energy's has set a potential $16 billion price tag on its stock market debut, giving investors a chance to buy into the growth in offshore wind power, but
Rolls-Royce has signed a contract with shipyard Astilleros Gondan in Spain to design and equip a second Service Operation Vessel for ship owner Østensjø Rederi.
Prosafe, owner and operator of semi-submersible accommodation vessels, informs that its Chairman, Harald Espedal, has notified the company that he will step down
Investment in Norway's oil and gas sector, a cornerstone of the country's economy, will continue to fall next year as weak crude prices curb oil firms' spending,
Kongsberg Maritime has been chosen to deliver an integrated subsea technology systems package including two HUGIN Autonomous Underwater Vehicles (AUV) for a new
Norway's $850 billion sovereign wealth fund, the world's biggest, voted in favour of the 2015 remuneration package of Royal Dutch Shell Chief Executive Ben van
No decision on output ceiling expected at June 2 meeting.
OPEC's thorniest dilemma of the past year - at least from a purely oil standpoint - is about to disappear.
Royal Dutch Shell will cut a further 2,200 jobs, taking its target for layoffs to 12,500 by the end of the year, the Anglo-Dutch oil firm said on Wednesday, as
U.S. crude stocks down 5 mln barrels last week; drawdown due to lost Canada output, strong economy.
Oil rose towards $50 a barrel on Wednesday for the first time in seven months,
Over the course of the last 20 years, oil and gas companies have cultivated a vast metallic forest beneath the world’s oceans, consisting now of some 5,800 installed subsea trees,
Primeline Energy Holdings Inc. announces that it has sent a letter to China National Offshore Oil Corporation (CNOOC) and CNOOC China Limited (CCL) (together CNOOC
Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of
Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2),
Statoil has, on behalf of the Aasta Hansteen licence, has canceled the contract with Seadrill for the West Hercules drilling rig.
On contract with Statoil since January 31,