Poland's government signed on Wednesday a letter of intent with lobby groups and industry to collaborate on developing offshore wind farms in the Baltic Sea as the country seeks to reduce its reliance on coal.Poland, which generates almost 80% of its electricity from coal…
Subsea equipment solutions specialist Ashtead Technology has entered into a partnership with Trinidad and Tobago-based Reliance Subsea Services Limited.The US-arm of Aberdeen-based Ashtead will provide subsea survey and ROV equipment through…
Offshore drilling firm Seadrill Partners has said it has received a notice of termination for the 2008-built West Polaris drillship contract.'As a result, the contract is expected to conclude in early November 2020, and the backlog is expected to decrease by approximately $23 million…
India's Reliance Industries has cut the pay of some top oil-and-gas division employees by up to 50%, according to six sources and a letter seen by Reuters, as it battles lower profitability because of the coronavirus epidemic.Reliance, headed by India's richest man…
Norwegian seismic survey company Shearwater has lost two contracts in the Asia Pacific, joining the likes of Polarcus, SeaBird, EMGS which have all been hit by the recent low oil prices and COVID-19 pandemic situation.Shearwater said Tuesday…
Imagine for a moment that the Organization of the Petroleum Exporting Countries (OPEC) and Russia had agreed at the start of this month to extend and deepen their crude oil output cuts. It wouldn't have made the blindest bit of difference.While it was only three and half weeks ago…
Projects worth $4.2 billion in capital expenditure (capex) are expected to get underwater offshore India this year and next, an event in Aberdeen this morning was told.The projects, across India’s Krishna Godavari (KG) Basin in the Bay of Bengal…
India's D1 D3 offshore gas field, the country's first deepwater gas development to be brought online, has ceased production, Reliance and BP joint venture said Monday.The field, in Block KG D6 (KG-DWN-98/3), off the east coast of India, started producing gas in April 2009…
Activists on Monday boarded a jackup drilling rig in Dundee harbor, in Scotland, aiming to prevent the rig from departing for scheduled drilling operations for Shell in the North Sea.The 'occupied' rig, Valaris' KFELS Super A jackup Valaris Ju-122…
From reporting on major new deepwater discoveries and impressive engineering and technological feats, to expert commentary on impactful market trends, Offshore Engineer delivered no shortage of exciting offshore industry coverage throughout 2019…
National Oilwell Varco, a provider of equipment and components used in oil and gas drilling and production, announced new contract award for submerged turret production (STP) system.APL, part of NOV's Completion & Production Solutions segment…
Worley subsidiary INTECSEA has been awarded a project management consultancy (PMC) contract by Reliance Industries Ltd (RIL) for the MJ Field deepwater gas and condensate project offshore India.Under the contract, INTECSEA will provide PMC services…
APL, a business unit within NOV's Completion & Production Solutions segment, has secured the contract from South Korean builder Samsung Heavy Industries to supply a large submerged turret production (STP) system for a newbuild floating production…
McDermott International said it was able to mitigate impact of two cyclones en route to completing the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India…
TechnipFMC announced on Monday it has been awarded 'significant' subsea contracts from India's Reliance Industries to build and install flexible risers, rigid and flexible flowlines and umbilicals for the the MJ1 field located offshore India in the deepwater Krishna Godavari basin…
