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Solstad Offshore writes down fleet by almost $100m

Oil & Gas
Solstad Offshore has retrospectively booked an impairment of NOK850m (US$99.28m) on the value of its fleet in the 3rd quarter of 2018.

Saudi Aramco Eyes Multibillion-Dollar US Gas Acquisitions

Oil & Gas
Saudi Aramco, the world's top oil producer, is looking to acquire natural gas assets in the U.S. and is willing to spend "billions of dollars"

Subsea duo join hands

Subsea Technology
Subsea equipment rental, sales and services outfit Ashtead Technology is partnering with 4Subsea to boost the former's inspection

New report highlights increasing oil and gas industry confidence

Oil & Gas
New research from DNV GL has revealed that companies’ resilience to volatile market conditions will be put to the test in 2019

N-KOM welcomes first FSRU at the Erhama Bin Jaber Al Jalahma Shipyard

Oil & Gas
Nakilat-Keppel Offshore & Marine (N-KOM) says it has recently received its first FSRU project at the Erhama Bin Jaber Al Jalahma Shipyard

BV to support Fenja project offshore mid-Norway

Oil & Gas
Neptune Energy has awarded Bureau Veritas a four-year contract for second and third-party inspection services for the Fenja oil and gas development

Equinor Stops Drilling Key Arctic Well After Incident

Oil & Gas
Norway’s Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Jan. 21.

Lithuania LNG port expects to turn into a Baltic hub in 2021

Oil & Gas
Lithuania's LNG import terminal, 'Independence', which is located in Klaipeda, is expected to double its LNG volumes

Oceaneering wins three subsea umbilical contracts

Subsea Technology
Oceaneering International Inc. has secured three subsea umbilical contracts valued at more than $80 million in total. 

US judge halts Atlantic seismic oil permitting due to gov shutdown

Oil & Gas
A federal court judge issued, on January 18, that the federal government can not process seismic testing permits for offshore drilling during

China’s CNOOC To Double Domestic Proven Reserves, Exploration Work By 2025

Oil & Gas
China National Offshore Oil Co., or CNOOC, said on Jan. 18 it aims to double its exploration activities and proven oil and gas reserves in China

Ultra-deepwater Ghana well proves positive for Aker Energy

Oil & Gas
 Aker Energy has completed drilling of the Pecan-4A appraisal well in the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana.
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