Browse the latest offshore news news and articles.
Rising oil prices have drawn more eyes to the offshore markets. There are signs of green shoots after a period of depressed sentiment that started in late 2014, pushing asset values downwards through 2016.
Petrofac’s Engineering and Production Services (EPS) division has been awarded a new Offshore Manning Services contract by Chevron North Sea Limited (Chevron).
GlobalData forecasts that over US$39.2 billion in Capex will be spent by ExxonMobil on oil projects over the next four years, with onshore fields accounting for over half of the company’s crude production in this period.
The launch, in parallel with engineering, procurement and construction (EPC) work for the conversion of the tanker, was marked with a two-day safety-engagement event.
18 delayed projects reached final investment decisions in 2017, compared to two in 2015 and five in 2016.
Aqualis Offshore will provide marine warranty surveyor and marine services to Aker BP’s fixed platforms, mobile units and subsea on the Norwegian continental shelf.
Transocean Ltd. has announced that it concluded its extraordinary meeting of shareholders approving all of the proposals related to the acquisition of Songa Offshore SE.
Vantage Drilling International have signed a contract which continues their working relationship with their client CPOC.
The company are to provide pre-lay mooring products and services to the Deepsea Bergen semisubermersible drilling rig on the Norwegian Continental Shelf.
Bibby Offshore Holdings Limited has announced that it has completed the recapitalisation of its balance sheet announced on 5 December 2017.
The 2018 Cameroon Licensing Round opened on 15 January 2018 and will close on 29 June 2018.
Speedcast to provide new communications equipment and services to global drilling fleet.