Offshore News


ADNOC Signs Major Offshore Concession Agreements with Total

Mar 18, 2018

The Abu Dhabi National Oil Company (ADNOC) has signed agreements with Total of France, awarding them stakes in two of Abu Dhabi’s new offshore concessions.  Under the terms of the agreements, Total has been awarded a 20% interest in the…

DNV GL Appoints Peter Brun as New Global Offshore Wind Segment Leader

Mar 14, 2018

DNV GL, the world’s largest independent energy advisory and certification body, has appointed wind energy professional Peter Brun as Global Offshore Wind Segment Leader.  Brun is responsible for stakeholder management, alliance building…

Subsea 7 Wins Offshore Azerbaijan Deal

Mar 12, 2018

Subsea 7 S.A. announced the award of a contract by BP Exploration for the provision of subsea inspection, repair and maintenance (IRM) services on both the Azeri-Chirag-Gunashli (ACG) and Shah Deniz (SD) fields, offshore Azerbaijan.Under the terms of this five year agreement…

Bjørnar Iversen Resigns as CEO of Songa Offshore

Mar 08, 2018

Bjørnar Iversen, CEO of Songa Offshore SE, has resigned effective 6 March 2018 said a single sentence press statement from the company. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act…

Cargo Ships Slow Transits to Curb Emissions, Protect Whales

Mar 02, 2018

Partners in an initiative to cut air pollution and protect whales have announced results from the 2017 program and publicly recognized the 11 shipping companies who participated, reducing speeds to 12 knots or less in two regions. For the…

Solstad Farstad Bags New Contracts

Feb 27, 2018

Solstad Farstad ASA has entered into a contract with Fugro Netherlands Marine BV for the CSV, Normand Flower, for operations in North European waters.  The contract period is 6 months firm. Commencement of the contract is end March 2018…

Subsea 7 Bags Offshore Norway Deal

Feb 27, 2018

Subsea 7 S.A. announced the award of a  contract by Wintershall for the Nova (formerly known as Skarfjell) oil and gas field development. Nova is located in the north-eastern part of the North Sea, 16 kmfrom the Gjøa field, in a water depth of approximately 360m…

MacGregor, SeaFocus Join Forces

Feb 27, 2018

MacGregor, part of Cargotec, and an international maritime business platform, SeaFocus, have announced a collaboration agreement that will support the companies in creating new cooperation models to benefit maritime trade and drive industry innovation…

Samsung Heavy Industries Delivers Johan Sverdrup Offshore Platform

Feb 26, 2018

South Korea's Samsung Heavy Industries (SHI)'s Geoje shipyard has completed a riser platform topside for Statoil's giant Johan Sverdrup development offshore Norway.  'SHI successfuly completed the North Sea bound offshore platform within the scheduled delivery date in the original contract…

Subsea 7 to Invest in Xodus Group

Feb 20, 2018

Leading global contractor in seabed-to-surface engineering, construction and services to the offshore energy industry Subsea 7 S.A. and Chiyoda Corporation announced that Subsea 7 has agreed to acquire a 60% holding in Xodus Group, a leading energy consultancy…

Emas Offshore Appeals Against Oslo Stock Exchange Delisting

Feb 19, 2018

Oslo Stock Exchange has decided to delist the shares of Singapore-based Emas Offshore from trading. The offshore services provider considers this decision detrimental to its ongoing restructuring efforts. The Oslo Stock Exchange released a statement on Monday…

Transocean Amends Drilling Contract

Feb 16, 2018

Transocean announced that an agreement has been reached with the incumbent customer to amend the drilling contract on the harsh environment semisubmersible Transocean Leader. The rig experienced equipment breakdown that could not be repaired timely…

Statoil Extends Contract with Viking Energy

Feb 12, 2018

Norwegian oil major Statoil has declared a one-year option for the Platform Supply Vessel (PSV) Viking Energy from April this year, in direct continuation of current contract. Eidesvik said on Monday that Statoil exercised a one-year option for Viking Energy…

Interventek Appoints Stuart as Business Development Director

Feb 12, 2018

Interventek Subsea Engineering has announced the appointment of Bruce Stuart to the role of Sales and Business Development Director. Stuart brings with him over 30 years of commercial leadership experience and in-depth operational knowledge of the oil and gas industry…

Encik Rezza Resigns as ED of Bumi Armada Berhad

Feb 11, 2018

Malaysia-based international offshore energy facilities and services provider Bumi Armada Berhad has announced the resignation of Encik Shaharul Rezza bin Hassan, Executive Director and Head of Offshore Marine Services (OMS) of Bumi Armada Berhad…

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