Offshore

Maersk Oil Hires Ampelmann Gangway System

After having performed a walk to work (W2W) campaign in the summer of 2014, Motion Compensation Gangways (MCG) developer Ampelmann has again been awarded a contract

Lamprell Delivers Jackup Rig to Greatship

Lamprell announced it has completed construction on jackup drilling rig Greatdrill Chaaru, delivering the rig to Greatship Global Energy Services Pte. Ltd.    Greatdrill

Lead Plaintiff Selected for Petrobras Class-Action

A U.S. federal judge on Wednesday named a trustee of a British pension fund as the lead plaintiff in a class-action lawsuit against Brazil's state-run oil company

Brent Tops $61 on Iraq, Libya Violence

Libya has declared force majeure on 11 oilfields. Brent crude future prices rose above $61 a barrel on Thursday, as investors brushed aside bearish U.S. inventories

Fairweather Reopens Medical Clinic on North Slope

  Fairweather, LLC has announced the grand reopening of its Fairweather Deadhorse Medical Clinic located at the Deadhorse Aviation Center on Alaska’s North Slope.

Ensco Announces Cash Tender Offer

  Ensco plc announced today that it has commenced a cash tender offer to purchase any and all of its outstanding 3.25% Senior Notes due 2016 (CUSIP No. 29358QAB5).

Petrobras Probe Seeks to Question Overseas Witnesses

A Brazilian lobbyist implicated in the country's largest-ever corruption probe has called witnesses from four foreign countries to bolster his defense against bribery charges,

UK Firm on RWE North Sea Deal

Britain will not back down over its opposition to Russian tycoon Mikhail Fridman's purchase of North Sea gas licences having cemented its objections at a meeting

Exxon: Oil & Gas Output to Rise through 2017

Exxon Mobil Corp said on Wednesday its oil and gas output would rise 2 percent this year and 3 percent in each of the following years as it spends about $34 billion in 2015, down from a peak.

Seadrill: Rig Rates Have Not Bottomed

The market for oil and gas drilling rigs continues to deteriorate as oil companies cut back on investments, Seadrill Chief Financial Officer Rune Magnus Lundetrae

Wintershall Replaces Statoil as Vega Field Operator

Wintershall, the oil and gas arm of chemicals group BASF, has taken over as operator of the North Sea Vega oil and gas field from Norway's Statoil, it said on Wednesday.

Subsea 7 Axes Dividend, Sees Decline in 2015

Shares down 2.6 percent. Oil services company Subsea 7 swung to a surprise fourth-quarter operating loss and has suspended dividend payments because of an expected

‘Blue Queen’ on First Mission

  The platform supply vessel 'Blue Queen', an ULSTEIN PX121 design, was named at Ulstein Verft on Friday 27 February. The ship will be working in the spot market.

Technip to Supply Flexible Pipes for Lula Alto Pre-salt Field

  Technip was awarded a major(1) contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65%), BG (25%) and Galp (10%), for the ongoing development of the Lula Alto field,

Flinders Island Next Off-grid Community to go Renewable

  The Australian Renewable Energy Agency (ARENA) today announced $5.5 million support for Hydro Tasmania to develop an innovative off-grid hybrid project on Flinders Island.

Fiji Maritime Academy Bullish on Prospects

 The Fiji Maritime Academy (FMA) is on the right track to become one of the finest maritime training institutions in the region. It has also achieved an important

Brazil Plans Oil-rights Auction in Second Half

Brazil plans to hold its 13th round auction of oil and natural gas exploration and production rights in the second half of 2015, Mines and Energy Minister Eduardo Braga said on Tuesday.

Gulf of Mexico Oil Production on the Rise

Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016.

DOF Subsea Secures Contract Extension

DOF Subsea UK Limited  has announced that its survey and positioning business in the U.K. and U.S. has been awarded an extension of a Master Service Agreement with

Ferguson Appoints Partner OPS-OES

Ferguson Group Singapore, a specialist in the provision of DNV 2.7-1 / EN12079 offshore containers, reefers, tanks, waste skips, baskets, accommodation and engineering

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