Category Uncategorized
Oil and gas services company Helix Energy Solutions and Brazil’s state-owned Petrobras have delayed the start of two well intervention services contracts offshore Brazil with a reduced dayrate for one contract. Namely, the pair renegotiated the terms of the contracts for two Helix’s chartered vessels, the Siem Helix 1 and the Siem Helix 2. Helix
An offshore worker died on Sunday following a fall from a Petrobras-operated platform in Brazil. According to Sindipetro NF, a Brazilian workers’ union, Victor Geraldo Brito, 29, fell from a height of 12 m and did not survive the impact. He was an employee of a private company, RIP Servicos Industriais, and at the time
Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel. Russia, which has been hit hard by the oil price collapse, was flirting with the idea of cooperating with OPEC
LNG giant Golar LNG and oilfield services behemoth Schlumberger have reassured the market that today’s break-up in talks between Schlumberger and Ophir Energy over Fortuna FLNG deal, will not affect the framework agreement which has been signed between Golar and Schlumberger. To remind, oil and gas exploration firm Ophir Energy has terminated discussions with Schlumberger
Norwegian oilfield services company Aker Solutions has confirmed its employees were aboard the helicopter which crashed near Bergen, Norway on Friday afternoon. The company said three employees and a contractor working for the company were on board the helicopter. There were 13 people on board – two pilots and eleven passengers, on the flight back
Iran urged other oil producers on Monday to continue talks on an output freeze to prop up crude prices, but insisted it was justified in not freezing its own output. Iranian OPEC Governor Hossein ?Kazempour Ardebilli was speaking to his oil ministry’s Shana news agency after talks on Sunday between producers in Doha collapsed when
Out from the Heerema Fabrication Group’s Zwijndrecht yard, 12 miles south of Rotterdam. The 10,500-tonne topsides will make a short stop off at Schiedam, near Rotterdam, for the installation and commissioning of an 80-tonne pedestal crane and the attachment of the upper sections of the exhaust stacks. At the end of April the platform will
Aberdeen-based Maritime Assurance and Consulting (MAC) is celebrating a 3-year contract renewal with BP worth in the region of £3 million. Aberdeen-based Maritime Assurance and Consulting (MAC) is celebrating a 3-year contract renewal with BP worth in the region of £3 million. MAC will provide a wide range of marine assurance and warranty services for
Saudi Arabia and Russia vie for market share in China Monthly oil imports to China in February were 20% higher in 2016 than the year before. The increased level of imports in February were the highest ever on a daily basis as the country takes advantage of low oil prices to increase stockpiles, reports Reuters.
Prosafe’s semi-submersible accommodation rig Safe Boreas is now operating in the UK North Sea on the Talisman Sinopec-operated Montrose Area Redevelopment (MAR) project. Talisman Sinopec Energy UK is the operator with a working interest of 58.97%, and Marubeni Oil & Gas (U.K.) is the sole partner. Prosafe and Talisman Simopec recently agreed for Prosafe to