Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, as strong international oil and gas drilling demand helped offset a slowdown in North America activity.Companies such as SLB have gained from a rise in demand in international and offshore exploration and production, especially in the Middle East and Asia, as oil and gas producers look to secure new inventories.International rig count…
Panama City Fla. based Eastern Shipbuilding Group announced it has been awarded a contract to complete construction of two ultra high-spec 400 class multipurpose support vessels (MPSVs) for Hornbeck Offshore Services (HOS).The newbuilds were originally started by Gulf Island Shipyards in Houma…
Offshore accommodation rig firm Floatel International has secured a 4-month charter to provide accommodation support to Shell in the UK North Sea.Floatel, which owns and operates five semisubmersible accommodation units, said the contract was…
Offshore accommodation rig provider Floatel International said Tuesday it had secured a contract for its Floatel Triumph semi-submersible unit in Australia.Floatel said that the contract was with 'a major Australian operator.' Under the six-month firm contract…
The Big three oilfield services (OFS) companies will likely report higher profits for the second quarter as resurgent demand in international markets and strong offshore drilling helped counter tepid activity in North America.Baker Hughes, Halliburton…
Dutch offshore flotel services firm Chevalier Floatels said Wednesday it had secured a contract extension for its DP Gezina offshore accommodation vessel.According to Chevalier Floatels, the Walk-to-Work vessel DP Gezina has been working in…
Floatel International, a company providing offshore accommodation rigs to oil and gas companies, said Friday it had won a contract with the Norwegian oil company Aker BP.The contract is for modifications and maintenance activities related to the Skarv FPSO unit…
Norwegian offshore service operation vessel provider and operator Edda Wind has launched the Boreas Worker daughter craft crew transfer vessel (CTV).The vessel, designed by Chartwell Marine, has been built by Alicat Workboats, on behalf of Astilleros Gondan…
Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…
Offshore accommodation company Floatel International has been awarded a contract by Aker BP ASA for two simultaneous projects in the Norwegian sector of the North Sea, where two accommodation support vessels will be required. The contracts follow…
Vår Energi, a Norwegian oil and gas company, has awarded Floatel International a contract for its Floatel Superior offshore accommodation rig.The rig will support Vår Energi's lifetime extension program for the North Sea production vessel Balder FPU in 2023…
Floatel International has secured a contract extension with Norway's energy industry giant Equinor for its Floatel Superior offshore accommodation rig.The Floatel Superior will provide services at the Grane field as part of Equinor's Breidablikk…
Oil and gas exploration is likely to continue to have an important role in the decades to come, a view reinforced by the 2022 energy crisis and growing energy security needs, according to energy intelligence group Westwood.In the offshore drilling space…
Energy and marine consultancy ABL Group (ABL) said Wednesday it had acquired the operations of well control equipment specialists HOSE International.The two companies have cooperated since 2019 to jointly provide rig and well control inspection services for the offshore industry…
Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its Floatel Superior semi-submersible accommodation rig in the Norwegian part of the North Sea.As part of the Breidablikk project…
