Guyana, located on the northern mainland of South America and nestled between Venezuela and Suriname, has become one of the most exciting regions within the oil and gas industry over the last few years. ExxonMobil has invested heavily in the…
The global offshore decommissioning market, valued at $ 5.96 billion in 2018, is projected to exhibit a CAGR of 5.4% through 2027, in terms of revenue.Crude oil prices coupled with declining production from rising number of maturing oil and…
Russian oil company Lukoil has been given state approval for its new absorbent and biotechnology-based oil spill response technologies for Arctic regions. Lukoil says the technologies, on which it has taken out nine patents, have been designed…
Remotely operated vehicle (ROV) survey and inspection company Rovco said it has expanded its international reach after forming a local partnership with Drexel Marine Petroleum Services in Egypt.The deal will see the Bristol-headquartered firm…
Atlas Professionals has extended permanent recruitment and executive search services for the offshore wind industry to the Asia Pacific region.'With the offshore renewables industry surging ahead as countries aim to achieve their climate targets…
OPITO, a global, not-for-profit skills body for the energy industry, has appointed Hart Victor in the role of vice president of strategy for the Asia Pacific region.Victor had previously spent more than a decade with National Oilwell Varco (NOV)…
Dutch offshore access provider Ampelmann announced Monday it has secured its first contract in Mexico. An A-type system has been mobilized on a flotel and will operate for two months, enabling the installation of an oil and gas platform.The fully motion compensated A-type system…
Remotely operated vehicle (ROV) services provider ROVOP said it has expanded in the Middle East, opening a new base in the region.Two senior staff members, operations director Doug Middleton and business development consultant Michael O’Donnell…
BHP and Equinor secured exploration blocks of the eastern Canadian province of Newfoundland and Labrador in a bid offering Wednesday that drew record high net bidding over C$1.3 billion.BHP will operate two exploration parcels in the offshore Orphan Basin…
The European Marine Energy Center (Emec) in Orkney, Scotland, will lead a project to support the development of wave and tidal power in coastal areas of north-west Europe.The project has been approved by Interreg Atlantic Area which will support…
Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas) bunker vessel with bunker tank capacity of 6,000 m3. The new vessel will provide mobile and efficient LNG bunkering for the growing number of LNG-fuelled…
While a leaner and more selective exploration industry has emerged over the past two years, Wood Mackenzie expects Latin America to buck this global trend in 2018, with intense exploration activity expected in frontier basins in the Equatorial Margin…
Chemicals and oil products firm INEOS, which has UK upstream assets, has awarded a two-year well testing contract to oilfield services company Expro. The contract will see Expro provide testing services for at least three wells, including two new drills and one re-entry…
DOF Subsea has been awarded several global contracts, securing utilization for several vessels in the subsea IMR projects segment. In the Asia Pacific region and the Atlantic region, DOF Subsea has been awarded several contracts and work under existing frame agreements…
Image of the Skandi Singapore, from DOF. DOF Subsea has been awarded contracts for three vessels that will operate in the Asia Pacific and Atlantic regions. In the Asia Pacific…
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