Topic: Oil&gas

Equipment KenzFigee expands into UK market

PRESS RELEASE –  Following a growing demand for offshore equipment and support in the emerging markets such as decommissioning and wind energy, KenzFigee has now…
People Amsterdam IJmuiden Offshore Ports appoints Sylvia Boer as new director

PRESS RELEASE – Sylvia Boer (37) has been appointed as the new director of Amsterdam IJmuiden Offshore Ports (AYOP) and will take up her role…
Panalpina eyes large infrastructure projects in Oman

Logistics provider Panalpina is in the process of opening a new office in Oman to benefit from the country’s economic growth and large infrastructural projects. …
Oil&Gas Bourbon Offshore suspends listing after creditors demand debt

French shipping company Bourbon Offshore is in serious danger of bankruptcy now that a group of creditors has demanded immediate payment of outstanding debt with…
Oil&Gas “Offshore project sanctioning ready to reach heights not seen since the USD 100 barrel of oil”

Offshore project sanctioning in the oil and gas industry has already surpassed the USD 50 billion mark in 2019, nearing the investment level of 2014. …
Oil&Gas Equinor obtains five new exploration licenses for UK Shelf

The Oil and Gas Authority has granted Norwegian oil major Equinor five new licenses for exploration on the UK Continental Shelf, which is a major…
Heerema and Sembcorp show off world’s largest crane vessel

Heerema Marine Contractors and shipbuilder Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be used for the setup and decommissioning…
Decommissioning Heerema launches new decommissioning company

Together with Decom Energy and AF Offshore Decom, Heerema Marine Contractors has launched a new company for the offshore decommissioning of platforms called Fairfield Decom. …
Oil&Gas BP’s profit shrinks, but production is set to grow

BP has booked a 9% lower net profit in the first quarter of 2019, but increased oil and gas production and strong trading results did…
EPC TechnipFMC wins North Sea EPCI-contract of at least $250 million

TechnipFMC has been awarded a “substantial” EPCI-contract from Neptune Energy for the Duva and Gjøa P1 projects, located in the Norwegian sector of the North…
Oil&Gas Oil majors are bringing in money like never before

Listed oil majors are bringing in cash at the best rate ever witnessed even though oil prices have only partially recovered from the huge drop…
Offshore DEME integrates offshore services

Belgian offshore group DEME has integrated its subsidiaries GeoSea, Tideway, A2Sea and EverSea into DEME Offshore to form a more ‘agile organisation’.  By integrating all…
Oil price Large number of offshore ships laid up worldwide

Across the globe, large parts of the offshore fleet are laid up. In a number of areas, as much as half of the active fleet…
Boskalis in megadeal with Saudis

For the next six years, Boskalis is to perform installation operations worth ‘many hundreds of millions’ for Saudi Aramco, the world’s largest oil and gas…