Centus Marine, a Malaysian operator of fast crew boats, has taken delivery of the second hybrid fast crew boat (FCB) from the Singaporean shipbuilder Strategic Marine.The vessel, named Centus Alesha, features Strategic Marine’s hybrid propulsion system…
Singapore-based Seatrium has secured a Floating Storage Regasification Unit (FSRU) conversion contract from Höegh Evi, formerly known as Höegh LNG, for the liquefied natural gas (LNG) carrier Hoegh Gandria.The contract covers the conversion and longevity of LNG carrier…
One of the world’s most advanced offshore production assets, the Agogo floating production storage and offloading (FPSO) vessel, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay in Namibia, while en route to a field offshore Angola…
Fugro’s Group Director for Europe and Africa Erik-Jan Bijvank has announced his decision to step down form the position to pursue opportunities outside the company.Effective immediately, the recruitment process for Erik-Jan’s replacement has already been initiated…
Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier, boosted by non-recurring events, while also announcing about $2.1billion in dividends.Without one-off events…
China ƶijϻ Oil Engineering Co. (COOEC) has announced that the deepwater pipe-laying crane ship 'ƶijϻ Oil 201' has set sail from Guangdong headed for an offshore pipeline operation site in the Middle East.This is the first time the ship has entered the international market…
Bardex Corp. is pleased to announce that the ƶijϻ Technology Conference has awarded Daniel Toerner a spot in its 2025 Emerging Leaders class. Each year, the OTC recognizes up-and-coming professionals whose work in the energy industry demonstrates…
Texas-based subsea oil and gas equipment supplier Trendsetter Engineering has marked the first deployment of its Trident 20,000 psi (20K) intervention system at Beacon ƶijϻ’s Shenandoah project in the Gulf of America.The Trident 20K intervention…
Brazilian oil and gas firm Brava Energia has decided to terminate the negotiations related to the divestment process onshore and shallow water assets, which were limited to the fields located in Brazil’s Bahia state.This decision comes after…
Drilling waste management specialist TWMA has secured a contract with BP to provide drilling waste management services in the U.K. North Sea.The three-year agreement, which includes options for renewal, started in October 2024.The scope of work will utilize TWMA’s cutting-edge technologies…
U.K.-based oil and gas company Viaro Energy has appointed Exceed as well operator for over 190 wells which will comprise Viaro’s One Gas West assets following completion of the acquisition from Shell and ExxonMobil.Exceed will manage all aspects of late life well operations…
Danish vessel owner ESVAGT and South Korean shipping firm KMC Line have signed an agreement to establish a new joint venture KESTO, dedicated to the growing South Korean offshore wind market.Through a joint venture partnership with KMC Line…
ƶijϻ accommodation firm Prosafe has been declared the winner of a bidding process for a four-year contract by Petrobras, for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.Contract…
Saudi oil giant Aramco, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets.The world's top oil exporter reported net profit of 97…
Shell, the top U.S. offshore producer, said this week that two of its wells to boost production at the Perdido offshore development were delayed to the end of the year, while one was brought online in March.All three wells, part of Perdido's Great White unit…