India awards offshore acreage

India’s Cabinet Committee on Economic Affairs has approved the award of operatorship for a total of 31 onshore and ...

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OPEC could extend or deepen supply cut if oil glut persists

By Rania El Gamal RIYADH (Reuters) – OPEC could extend its oil supply-reduction pact with non-members or even ...

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Ocean Yield, Ezra in new 'Lewek Connector' charter

Ocean Yield will charter its Lewek Connector subsea vessel to Singapore’s Ezra, under newly agreed terms. The move ...

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Wood Group scores service deal with BP

Oil and gas services company Wood Group has been awarded a global agreement with the UK oil major BP for the ...

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Vietnam nods for updated TGT development plan

The Vietnamese government has approved an updated Full Field Development Plan (FFDP) for the Te Giac Trang (TGT) ...

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PHOTO: Jack-up Topaz Driller back to work

Houston-based offshore drilling contractor Vantage Drilling has said that its jack-up drilling rig, the Topaz ...

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EMAS AMC faces wind up

Logistics provider Necotrans Singapore filed an application to wind up Ezra Holdings’ associate company EMAS ...

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JDR to supply umbilicals for project off India

JDR, a supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded a steel ...

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Sky-Futures' drones to inspect Eni's facilities

Sky-Futures, a provider of drone inspection services for the oil and gas industry, has been awarded a global ...

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Oil rises as OPEC-led output cuts trim oversupply

By Christopher Johnson LONDON (Reuters) – Oil strengthened slightly on Tuesday, supported by an OPEC-led ...

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DW: Troublesome outlook for heavy lift vessels

Heavy lift vessel (HLV) contractors have faced a challenging market in recent years as the low oil price ...

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'Lewek Connector' charter terminated

Following a request by EMAS AMC for a short- term standstill agreement for the bareboat charter of the Lewek ...

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Sri Lanka calls for offshore acreage bids

The Government of Sri Lanka has invited oil companies for expressions of interest to partner in the appraisal and ...

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Vallianz posts 4Q profit of $3 million

Vallianz post 4Q profit of $3 million

Singapore’s Vallianz has reported a net profit of $3.1 million for the three months ended December 31, 2016, ...

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TechnipFMC’s Genesis clinches deepwater FEED in India

TechnipFMC's Genesis clinches deepwater FEED in India

TechnipFMC’s subsidiary Genesis has been awarded a deepwater Front-End Engineering contract by India’s ...

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Popular news, Feb 6 – 12, 2017

The most popular articles of the week.

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IEA: OPEC delivering on its promise to cut output

The estimated OPEC production in January was at 32.1 mb/d and the cuts achieved a record initial compliance rate of ...

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When is a FID not a FID?

Large upstream projects are more often delivered by a group of partners rather than a single 100% owner.

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Transocean scraps two, idles three rigs

Offshore drilling contractor Transocean has decided to scrap two semi-subs and idle two drillships and one ...

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Global Maritime surveys giant semi-sub heavy lifter

Global Maritime Consultancy & Engineering, a provider of offshore marine warranty, dynamic positioning and ...

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PHOTO: Western Isles FPSO launched in China

China’s Cosco Shipyard on Thursday held a launching ceremony for Dana Petroleum’s Western Isles FPSO.  ...

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International offshore rig count sinks in January

The international offshore rig count for the first month of the year was down both sequentially and year over year, ...

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Ezra faces wind-up threat as Forland seeks its cash

Ezra faces wind-up threat as Forland seeks its cash

Offshore vessel owner Forland Subsea no longer wants to wait and has served Singapore’s Ezra Holdings a ...

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Interview: Global offshore rig fleet worth $56.6 billion

Interview VesselsValue now provides valuations for offshore rigs

VesselsValue, a website providing intel on offshore and shipping world including the valuations of the various ...

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DW: Operators to shift away from troubled deepwater areas

Hydrocarbon production from the ‘Golden Triangle’ will peak in 2019 due to the lack of projects sanctioned in ...

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Uzma scoops Petronas deal

Malaysian upstream services company Uzma Engineering has received an umbrella contract for the provision of ...

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Popular news, Jan 30 – Feb 5, 2017

The most popular articles of the week

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