November 22, 2019
Billionaire John Fredriksen stepped down as chairman of Seadrill Ltd., raising the question of whether he could become less supportive of an offshore-rig company struggling...
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Offshore
November 18, 2019
Saipem SpA is considering a combination with rival Subsea 7 SA in what could rank as one of the European oil services industry’s biggest-ever deals,...
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November 6, 2019
Environmental groups urged a Norwegian appeals court on Tuesday to take emissions from the country’s oil and gas exports into account when ruling on the...
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November 1, 2019
Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a...
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November 1, 2019
Exxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the giant Buzios field up...
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October 25, 2019
Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America. (more…)
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October 22, 2019
Singapore’s Temasek Holdings Pte plans to take control of Keppel Corp. for about S$4 billion ($3 billion) and undertake a review of the oil-rig builder’s...
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October 18, 2019
Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), delivered the state-of-the-art jackup rig, Hermod, to Borr...
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October 8, 2019
Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build...
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October 4, 2019
Subsea 7 announced the award of a sizeable contract by Shell for the Pierce depressurisation project, located approximately 160 miles offshore, east of Aberdeen. (more…)
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October 2, 2019
When U.S. oil firm Talos Energy found nearly a billion barrels off Mexico’s southern Gulf coast two years ago, it marked the first discovery by...
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September 24, 2019
ABS and Topaz Energy and Marine, a leading offshore energy logistics company, have, together with the State Maritime Agency under the Ministry of Transport, Communications...
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September 17, 2019
Sembcorp marine (Sembmarine) said its wholly owned and operated Brazilian subsidiary, Estaleiro Jurong Aracruz (EJA), has completed its first floating production, storage and offloading (FPSO)...
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September 17, 2019
SEACOR Holdings Inc. announced a major rebranding effort among two of its subsidiaries that will now operate under the Waterman Logistics banner. (more…)
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September 16, 2019
Iraq has signed a memorandum of understanding (MoU) with Dutch company Royal Boskalis over the construction of an offshore installation that will boost its oil...
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