Technip has been awarded by Chevron a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2,000 meters.

Dutch shipping company Vroon has on June 4, 2015, taken delivery of Field Support Vessel (FSV) VOS Grace.

The United Arab Emirates' National Drilling Company has signed contracts worth $543 million to buy 14 new rigs, state news agency WAM reported on Sunday.

Trans Adriatic Pipeline AG (TAP) has issued an Invitation to Tender (ITT) for Engineering, Procurement, Construction and Installation (EPCI) for the offshore section of the project.

Oil traders scrambling to secure crude in the U.

A bird’s eye view on a massive fire raging at an oil depot near Ukrainian capital Kiev provides a truly apocalyptic picture.

Offshore helicopter flights are expected to be delayed at Aberdeen International Airport in the coming weeks as staff strike over ongoing pay disputesUnite has called for its members to take up industrial action after a ballot was held over pay disagreementsAs a result of the vote, over 30 airport employees including 20 security officers, operations officers and airport firefighters are expected to take part in strike actionDue to firefighters and security staff taking part in the strike action, it is expected this will impact all offshore transport affecting Bristow, Bond and CHC flightsThe strike is expect to impact heliport operations and disrupt offshore flight times causing significant delays to take offs and landings at the Dyce heliport base.

Cost-cutting is set to remain the main focus for the oil industry for at least the next two years as petroleum producers adjust to an environment of much lower prices.

NorSea Group (UK) Limited has won North-east Scotland’s first major “small piece” decommissioning contract.

Norway-based Badger Explorer ASA (BXPL) has signed an agreement with Norwegian oil major Statoil according to which the oil company will sponsor the first phase of the Badger Explorer Development Program.