Offshore Energy

Diamond Offshore Revenue Rises on Ultra-deepwater Demand

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand

Mozambique Offers More Gas and Oil Blocks

Mozambique on Thursday opened up 15 new offshore and onshore areas for gas and oil exploration and production in its north, centre and south, a week after national

Three Dead in Offshore Platform Accident

Three workers were killed and one is still missing after an accident at one of the offshore oil and gas platforms in the Caspian Sea in Azerbaijan, Azeri state energy company SOCAR said on Thursday.

Tuco Debuts New Wind Farm Service Boat

Less than a week before the Offshore Energy 2014 Exhibition and Conference in Amsterdam the coming week, Tuco Marine disclosed the newest vessel in the ProZero series of Fast Rescue Boats,

Chevron Finds Oil in Deepwater US Gulf of Mexico

Guadalupe prospect adds to Chevron's portfolio in prolific Lower Tertiary Trend Chevron Corporation today announced a new oil discovery at the Guadalupe prospect in the deepwater U.

Norwegian Seismic Surveyors Stung by Lower Oil

* TGS Q3 operating profit $71 mln vs forecast $75 mln * PGS Q3 EBITDA $182 mln vs about $180 mln in Oct.15 warning (Adds PGS, detail)     Norwegian seismic

Nordic Wins with Noble

  Nordic Maritime, a leading offshore service operator, today announced a five year time charter for its DP2 IMR Subsea vessel, Mokul Nordic, which has been awarded by Noble Energy,

Pemex Suspends Eviction of Workers in Campeche

  Due to the behavior shown by the low pressure system in the Gulf of Mexico, whose career was diverted in the last hours, the Technical Analysis Group Emergency

Will You Make the Most of North Sea Decommissioning?

Recent reports indicate that the scale of opportunity arising from North Sea decommissioning is growing, with industry set to spend at least $56.16billion by 2040.

Jee Joins Lineup at Subsea Integrity Conference

Jee technical director and courses specialist to join industry experts to deliver critical subsea integrity insight at the first Subsea Integrity Conference North Sea.

BMT Names New Offshore O&G Sales Manager

BMT Group Ltd (BMT) has appointed Ray McGlynn as Sales Manager for Offshore Oil and Gas. McGlynn will be responsible for European and African regional sales support and assisting Louise Ledgard,

Shell: "Substantial" Gabon Gas Find

Shell has announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir.

Oil Above $86, Recovery Holds

U.S. crude stocks rise less than expected - API. Oil edged further above $86 a barrel on Wednesday after an industry report showed a smaller-than-expected rise in U.

Total Names Pouyanne, Desmarest to C-Suite Slots

French oil major Total on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman. The

Wind Could be 20 pct of Global Power by 2030

Installed wind capacity totalled 318 GW at end of 2013; could surge by 530 pct to 2,000 GW by 2030. Installed wind power capacity could swell by 530 percent to 2,

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

French Prosecutors Open Probe into Total's CEO Death

Paris prosecutors opened a manslaughter investigation following the death of Christophe de Margerie, the head of French oil group Total, in a plane crash in Russia,

Finances Delay Norway Oil Projects

Several Norwegian oil and gas projects with development plans due next year will be delayed because of high costs and technological challenges, while several will also go ahead,

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted

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