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Oil & Gas

McDermott, Zamil JV to provide integrated MMO services in Saudi Arabia

 McDermott International Inc. has signed a joint venture agreement with Zamil Offshore to target the maintenance, modifications, and operations

MOL, Karpowership join forces on LNG-to-Powership solution

Japanese shipping company MOL and Turkish energy group Karpower International B.V. announced collaboration in the LNG-to-Powership business

Seaspan presses ahead with $200m Swiber investment

Singapore offshore company Swiber Holdings has taken a significant step forward in its restructuring with the signing of an investment agreement

Australia grows environmental transparency for offshore projects

The Australian Government announced that the transparency will be increased, in support of all environmental plans for offshore oil and gas activities

Equinor to drill frontier Barents Sea prospect

 Equinor has the go-ahead from the Norwegian Petroleum Safety Authority to proceed with two exploratory wells.

AP Moller-Maersk takes Maersk Supply Service off the market

AP Moller-Maersk has decided to keep a hold of its offshore support vessel company Maersk Supply Service

MTL enters Brazil FPSO support venture

FPSO and marine integrity management specialist Marine Technical Limits has formed a strategic alliance in Brazil with Rio de Janeiro-based AES Union

McDermott cleared to start work on Saudi fabrication complex

McDermott International will construct a fabrication site at the King Salman International Complex for Maritime Industries in Ras Al-Khair, Saudi Arabia

Bourbon awarded integrated logistics contract by Shell

Bourbon Marine & Logistics has secured its an integrated logistics contract from Shell for the support of its exploration campaign in the Black Sea, Bulgaria

PGNiG Upstream Norway and Aker BP sign contract for lease of semi-submersible drilling rig

PGNiG Upstream Norway and Aker BP have signed a contract for the lease of a semi-submersible drilling rig

BP to fund emissions reductions projects

 BP has established a $100-million fund for projects that will deliver new greenhouse gas emissions reductions in its Upstream oil and gas operations

Solstad Offshore secures offshore installation work from Ophir

Solstad Offshore has been awarded a contract by Ophir for offshore installation works at the Bualuang Charlie wellhead platform structure, part of the Bualuang Phase 4B Development Project.

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