Baker Hughes Posts $911 Million Loss in Q2

Baker Hughes Posts $911 Million Loss in Q2

Baker Hughes has recognized significantly wider quarterly net loss compared to the second quarter 2015 results as ...

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Saipem Cuts Revenue Guidance

Stefano Cao, CEO of Saipem

Saipem has lowered its full-year revenue estimates by some €500 million, reportedly due to delays in the award of ...

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Technip Swings to Profit Despite Revenue Drop

Technip Swings to Profit Despite Revenue Drop

French oil services provider, Technip, has bounced back in the second quarter 2016 as its cost reduction plan moves ...

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SapuraKencana Gets USD 126 Mln TANAP EPCI Contract

SapuraKencana Gets USD 126 Mln TANAP EPCI Contract

SapuraKencana Petroleum Berhad (SapuraKencana) has secured RM 510 million (approx. USD 126 million) contract for ...

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Subsea 7 Boosts Q2 Profit

Subsea 7 Boosts Q2 Profit

Oslo-listed Subsea 7 has lifted its profit in the second quarter ended June 30, 2016, on nearly-halved ...

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Shell in Fort Sumter Discovery in Gulf Of Mexico

Shell in Fort Sumter Discovery in Gulf Of Mexico

Shell announced new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable ...

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McDermott Profit Beats Expectations

McDermott

McDermott reported better-than-expected second-quarter and half-year 2016 earnings results, despite revenue drop ...

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Fugro in Seabed Investigation for Wylfa Newydd Power Station

Fugro in Seabed Investigation for Wylfa Newydd Power Station

Fugro has started marine site characterization works for Horizon Nuclear Power at the proposed Wylfa Newydd power ...

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Neptune Secures NDE/NDT Contract in Australia

Neptune Secures NDE-NDT Contract in Australia

Neptune has been awarded a three year non-destructive examination /non-destructive testing (NDE/NDT) and inspection ...

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McDermott Partners with N-KOM in Qatar

Photo: Nakilat-Keppel Offshore Marine

McDermott and Nakilat-Keppel Offshore Marine (N-KOM), have signed a memorandum of understanding for an exclusive ...

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Technip Clinches Greater Enfield Subsea Deal from Woodside

Technip Clinches Greater Enfield Subsea Deal from Woodside

Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield ...

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Resolve Salvage in Manolis L Shipwreck Survey

Bathymetric map shows Blowhard Rocks, the location and depth of the MV Manolis L; Image: Fisheries and Oceans Canada

Resolve Salvage has been awarded a $5 million contract to survey the MV Manolis L, a shipwreck in Notre Dame Bay ...

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Bibby Offshore Looks to Shut Boycott in Norway

Bibby Offshore Looks to Shut Boycott in Norway

Subsea specialist Bibby Offshore has secured a preliminary injunction, namely a court order which prohibits ...

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Damen to Build Angola’s Fishery Research Vessel

Damen to Build Angola's Fishery Research Vessel

Damen Shipyards Group has received an order for a 74-meter fishery research vessel from the Angolan Ministry of ...

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Oceaneering Adds Meridian

Oceaneering Adds Meridian

Subsea engineering specialist, Oceaneering, has completed its acquisition of Meridian Ocean Services. Meridian is a ...

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Hummer Jacket Ready for Touchdown

Photo: Petsec Energy

Fabrication of the platform jacket for the Hummer development project in the Gulf of Mexico has been ...

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Technip Bags IRM Contract in North Sea

Technip Bags IRM Contract in North Sea

Technip has been awarded a contract by Repsol Sinopec Resources UK Limited for inspection, repair and maintenance ...

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Canada Starts Arctic Expedition

Photo: CCG

Canada has launched 2016 Arctic expedition to collect scientific information to support its submission on the ...

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Nexans’ Umbilicals for Greater Enfield Development

Nexans' Umbilicals for Greater Enfield Development

Nexans has secured an order from OneSubsea to supply umbilical and accessories for Greater Enfield development off ...

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SapuraKencana Secures Pemex Contract in Mexico

SapuraKencana Secures Pemex Contract in Mexico

SapuraKencana’s wholly-owned subsidiary, SapuraKencana Mexicana S.A.P.I. de C.V., has been awarded a contract ...

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Van Oord Wraps Up Burbo Bank 2 Foundations Installation

Van Oord Wraps Up Burbo Bank Extension Foundation Installation

Van Oord’s heavy lift installation vessel Svanen has completed the last of the 32 foundations at the Burbo Bank ...

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Spectrum Begins 2D Shoot Offshore Brazil

Illustration purpose only

Spectrum has started 15,000 km multi-client 2D survey offshore Brazil in the Santos and Campos Basins. The new ...

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Boskalis Bags Aberdeen Offshore Wind Farm Contract

Boskalis Bags Aberdeen Offshore Wind Farm Contract

Royal Boskalis Westminster (Boskalis) has been awarded the offshore balance of plant contract by Vattenfall for the ...

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Celtic Interconnector Project Enters Next Phase

Celtic Interconnector Project Enters Next Phase

The French President and An Taoiseach Enda Kenny have launched the next stage of the Celtic Interconnector, a ...

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Noble Starts Up Gunflint (GoM)

Noble Starts Up Gunflint (GoM)

Noble Energy has started production at the company’s Gunflint oil development in the deepwater Gulf of ...

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L&T and EMAS Chiyoda Clinch USD 1.6 Bln Saudi Aramco Award

LTHE - EMAS Chiyoda Bag USD 1.6 Bln Saudi Aramco Deal

L&T Hydrocarbon Engineering (LTHE) in consortium with EMAS Chiyoda Subsea (ECS) has concluded an engineering, ...

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Petronas Hands Over Berantai Job to Vestigo

Petronas Hands Over Berantai Job to Vestigo

Petronas has appointed its wholly-owned subsidiary, Vestigo Petroleum to continue the operations and maintenance of ...

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