offshore oil and gas


Monday, March 20, 2017
Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery
News

Rival Drilling Tycoons Place Bets on Offshore Oil Rig Recovery

By Mikael Holter (Bloomberg) — Billionaire John Fredriksen and his former top adviser Tor Olav Troim may not see eye to eye anymore, but they agree

March 20, 2017
Total Views: 80

Ezra Bankruptcy Adds to Singapore’s Sorry Offshore Marine Story
Shipping News

Ezra Bankruptcy Adds to Singapore’s Sorry Offshore Marine Story

By Aradhana Aravindan and Anshuman Daga SINGAPORE, March 20 (Reuters) – Oilfield services provider Ezra Holdings Ltd’s decision to file for U.S.

March 20, 2017
Total Views: 291

Saturday, March 18, 2017
Bankrupt: Singapore’s Ezra Holdings Files Chapter 11
Finance

Bankrupt: Singapore’s Ezra Holdings Files Chapter 11

by Tom Hals (Bloomberg) Oilfield services firm Ezra Holdings Ltd (EZRA.SI) of Singapore filed for U.S. Chapter 11 bankruptcy on Saturday, blaming a prolonged

March 18, 2017
Total Views: 87

Wednesday, March 15, 2017
Bell Helicopter FCX-001 chopper
Offshore

Inside The Sleekest Offshore Crew Helicopter That Will Never Fly

by Justin Bachman (Bloomberg) At the helicopter industry’s largest trade show last week, dozens of aircraft were parked over 7 acres of Dallas convention

March 15, 2017
Total Views: 361

Tuesday, February 28, 2017
Ezra Affiliate, Emas Chiyoda Subsea, Files for U.S. Bankruptcy
News

Ezra Affiliate, Emas Chiyoda Subsea, Files for U.S. Bankruptcy

By Tom Hals Feb 28 (Reuters) – A subsea and offshore contractor affiliate of Ezra Holdings Ltd, a struggling Singaporean oilfield services firm, filed

February 28, 2017
Total Views: 138

Thursday, February 23, 2017
Europe Savors Taste of Brazilian Oil With More Blocks Opening
News

Europe Savors Taste of Brazilian Oil With More Blocks Opening

By Peter Millard (Bloomberg) — European oil majors given a taste of Brazil may soon be ready for more. Norway’s Statoil ASA, Anglo-Dutch company

February 23, 2017
Total Views: 43

Monday, February 20, 2017
Cost Cuts Appear to Harm Norway Oil Industry Safety -Watchdog
News

Cost Cuts Appear to Harm Norway Oil Industry Safety -Watchdog

By Nerijus Adomaitis OSLO, Feb 20 (Reuters) – Cost cuts by Norway’s oil and gas industry appear to have contributed to a rise in accidents in

February 20, 2017
Total Views: 59

Wednesday, February 8, 2017
SBM Offshore Expects Revenue to Fall for Third Straight Year
News

SBM Offshore Expects Revenue to Fall for Third Straight Year

Feb 8 (Reuters) – SBM Offshore expects 2017 revenue to fall 15 percent as the world’s top oil production ship leasing company said it

February 8, 2017
Total Views: 23

Wednesday, February 1, 2017
Shell Shows How to Remove Obstacles to North Sea Oil Deals
News

Shell Shows How to Remove Obstacles to North Sea Oil Deals

(Bloomberg) — Royal Dutch Shell Plc’s $3.8 billion sale of North Sea oil and gas fields creates a model for further transactions in a region where the

February 1, 2017
Total Views: 66

Friday, January 27, 2017
News

Statoil Scoops Up Nine AHTS and Four PSVs for Work Offshore Norway

Statoil Petroleum AS has chartered thirteen vessels, including 9 AHTS and 4 PSVs, for work offshore Norway as the company boosts its exploration activities for

January 27, 2017
Total Views: 21

Thursday, January 26, 2017
offshore oil rig Statoil
News

Nordea Sees Tough Years Ahead in Norway’s Oil Services Industry

OSLO, Jan 26 (Reuters) – Subcontractors to the oil industry, including supply vessel owners, seismic shippers and rig firms, will continue to face

January 26, 2017
Total Views: 63

Monday, January 16, 2017
offshore oil rig Statoil
Offshore

Oil’s Painful Cost-Squeeze Brings Output Dividend for Norway

By Mikael Holter (Bloomberg) — Cost cuts are painful, but for Norway’s oil industry making every penny count has also yielded a surprising

January 16, 2017
Total Views: 27

Tuesday, January 10, 2017
al-shaheen
Offshore

Maersk Oil Announces 160 Layoffs in Denmark

Maersk Oil plans to reduce its workforce in Denmark by approximately 160 positions as part of a plan to simplify the organization, the company said this week.

January 10, 2017
Total Views: 88

Sikorsky Calls for Mandatory Inspection of S92 Helicopters After North Sea Rig Landing Accident
News

Sikorsky Calls for Mandatory Inspection of S92 Helicopters After North Sea Rig Landing Accident

International helicopter manufacturer Sikorsky is requiring all operators of its S92A helicopters to undertake a mandatory inspection of

January 10, 2017
Total Views: 194

Wednesday, December 21, 2016
njord a offshore platform
News

Oil Optimism Back as Norway Predicts Bottom Is Behind Us

By Mikael Holter (Bloomberg) — The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in the

December 21, 2016
Total Views: 98

Wednesday, December 14, 2016
News

Oilfield Services Company Wood Group Shows Recovery in Oil and Gas Markets

Dec 14 (Reuters) – Oilfield services company John Wood Group Plc’s CFO David Kemp said on Wednesday that the company showed modest recovery in some

December 14, 2016
Total Views: 67

Wednesday, November 16, 2016
offshore oil rig Statoil
News

Worst Still to Come for Norway Offshore Fleet as More Rigs Idled

By Mikael Holter (Bloomberg) — The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is

November 16, 2016
Total Views: 73

Monday, November 14, 2016
Allseas Pioneering Spirit Approaches Platform For First Oil Rig Decommissioning Job
News

Oil Majors Seeking Norway Exit Warned Shutdown Costs May Remain

By Mikael Holter (Bloomberg) — As oil majors are considering exiting Norway, the government is warning them that they could still be on the hook for

November 14, 2016
Total Views: 52

Monday, November 7, 2016
Prospect of Offshore Oil Offers Mixed Blessing for Somalia
Shipping News

Prospect of Offshore Oil Offers Mixed Blessing for Somalia

By Ed Stoddard CAPE TOWN, Nov 7 (Reuters) – Somalia looks more likely to strike oil than gas in its long pursuit of offshore riches, making it easier for

November 7, 2016
Total Views: 74

Wednesday, September 14, 2016
Maersk Oil Sells North Sea Stakes
Offbeat

Maersk Oil Sells North Sea Stakes

By Ron Bousso LONDON, Sept 14 (Reuters) – Maersk Oil, a unit of Danish conglomerate A.P. Moller-Maersk, has agreed to sell stakes in three North Sea

September 14, 2016
Total Views: 54