October 12, 2020
Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike that had threatened to cut the country’s oil...
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Offshore
October 7, 2020
Norway’s Lederne labour union has made a new proposal to oil companies to try to resolve a dispute over wages and end a strike that...
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October 1, 2020
National Grid Plc outlined a plan for an offshore grid that will link new wind parks and interconnectors, saving consumers 6 billion pounds ($7.7 billion)...
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September 29, 2020
Polarcus refers to its announcement dated 10 September 2020 regarding the redelivery of Ivan Gubkin (the “I.G.”, previously “Polarcus Amani”) (more…)
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September 15, 2020
Seadrill has agreed to acquire Thailand’s Mermaid Maritime to take full control of Asia Offshore Drilling. (more…)
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September 14, 2020
Polarcus refers to its announcement dated 24 June 2020 regarding the suspension of hire until commencement of a new project and the expected redelivery of...
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September 9, 2020
U.S. President Donald Trump on Tuesday signed an order to extend a ban on offshore oil drilling in the eastern Gulf of Mexico off Florida,...
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August 19, 2020
France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade...
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August 18, 2020
Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off...
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August 12, 2020
Hermitage Offshore Services Ltd. and 28 of its subsidiaries including all its vessel-owning subsidiaries (collectively, the “Company”) announced today that they have filed voluntary petitions...
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August 6, 2020
Transocean Ltd. has tapped Lazard Freres & Co. LLC to be its financial adviser as the world’s biggest owner of deepwater oil rigs confronts history’s...
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August 4, 2020
North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating...
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August 3, 2020
Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete. (more…)
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August 3, 2020
Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced exit from Venezuela...
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July 29, 2020
Turkey will hold off on surveying the seabed in an area of the eastern Mediterranean disputed by Greece to give time for diplomacy, President Recep...
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