Polarcus has received multiple awards which together extend the fleet backlog by six vessel months, the Oslo-listed company said on Friday.
The projects will be carried out by multiple Polarcus vessels and start in Q1 and Q2 2016.
The UK Department of Energy and Climate Change (DECC) today released its December 2015 energy statistics that allow a provisional assessment to be made of trends in energy production and consumption in 2015.
Low carbon energy production rose by 13...
Monaco-based LNG shipper GasLog posted a US$53.7 million profit for the year 2015, 5.7 percent up on $50.8 million in 2015.
The fourth quarter net profit also saw a rise from $9.9 million in 2014 to $18.2 an 83.8 percent jump, GasLog reveale...
Soco International, an oil and gas exploration and production company, has found on hydrocarbons present in the Baobab Marine-1 (BABM-1) commitment well, offshore Congo.
Soco started drilling the BABM-1 commitment well, i...
Subsea 7 announced on Friday the award of a major contract by BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt.
Subsea 7 defines a major contract as being over $75...
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