Offshore

Husky Energy Profit Rises on Increased Production

Husky Energy Inc, Canada's No.3 integrated oil company, reported a 4 percent increase in second-quarter earnings, helped by an 8 percent rise in production. Net

Noble Energy's Net Income Almost Halved

Oil and natural gas producer Noble Energy Inc's net income nearly halved due to a $187 million loss on commodity derivatives. Net income fell to $192 million,

Repsol: Return Shareholders Money if No Acquisitions

Spain's Repsol will return cash to shareholders if it fails to identify a company or assets that meets its acquisition goals, Chief Financial Officer Miguel Martinez

2,545 Candidates Vie for 11 Positions at Maersk Drilling

Maersk Drilling reported 2,545 applicants for the 11 MITAS engineer positions available within the company in 2014. The Maersk International Technology and Science Program,

GDI Awards N-KOM US$110-M Contracts

Gulf Drilling International (GDI) Limited, a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, has awarded two contracts

Statoil Awarded Licence Offshore Colombia

  Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. Statoil will hold 33,33% in the licence.

Statoil, Repsol, ExxonMobil Win Colombian Offshore License

Statoil announced today that it has been awarded interest in the COL4 license offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round, along with Respol and ExxonMobil.

Oil Companies Bidding for Blocks in Colombia

Oil companies were bidding on Wednesday for 95 oil areas Colombia is offering for exploration and production in an effort to raise output from around 1 million

EU: Tie Arctic Russian Tech Help to Ukraine Crisis

The European Union should not give Russia technical help to develop Arctic oil and gas fields if Moscow does not help to defuse the Ukraine crisis, EU Energy Commissioner

Freeport Earnings Flat, "Encouraged" in Indonesia

Freeport-McMoRan Inc on Wednesday reported second quarter earnings that were little changed from a year earlier, and said it is "encouraged" by its discussions with the government of Indonesia.

Europe's Wind Capacity Growing Slower Than Projections

EU's installed wind capacity to reach 192 GW by 2020; Rise of 64 pct from 2013 levels but below rate expected. Europe's installed wind capacity will increase

Brent Approaches $108 on Global Tensions

EU threatens new Russian sanctions; Euro slips to 8-month low vs U.S. dollar. U.S. crude stocks seen falling 2.8 mln barrels. Brent crude rose towards $108 a

Ruling in Yukos Suit Expected Monday

A group of shareholders in Yukos expect a ruling on Monday in a $100-billion claim against Moscow for expropriating the defunct Russian oil company that was controlled by Mikhail Khodorkovsky,

Ocean Mineral Singapore Set for Seabed Exploration

Ocean Mineral Singapore Pte. Ltd. (OMS) has received approval from the International Seabed Authority (ISA) on its application for its first seabed exploration licence.

Delta T Launches 12-Ton Offload Hook

Cranston Eagle has introduced fall-mounted offload hook with a 12-ton capacity. Its US agent, Delta "T" Systems, has also secured its first order for the model.

Simrad Partners with Sportsman Boats

Simrad Yachting has announced its exclusive partnership with Sportsman Boats Manufacturing. The Simrad NSS evo2 system is now the standard navigation system on

DNV GL Publishes Regulatory Roadmap for Floaters in the US

DNV GL announced it has mapped out what is necessary to be in compliance with U.S. Coast Guard (USCG) requirements to operate FOIs, FSOs and FPSOs in U.S. waters.

Fugro's New Angola Facility Officially Opened

To accommodate the future needs of the rapidly growing Angola offshore oil and gas industry Fugro has opened its new facility in the SONILS Oil Service Centre in Luanda.

AWS Wave Power Generator Deployed

AWS Ocean Energy developing its wave power technology for use in fish farms, harbor breakwaters through to major utility-scale offshore wave farms.   Inverness-based

Second Typhoon Threatens Taiwan

The Taiwan military was collecting and distributing sandbags to guard against possible flooding on Tuesday as a typhoon bore down on the island after brushing the Philippines.

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