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U.S. weekly offshore rig count rises to 25 active units

BHI Rig Count: U.S. -2 to 698 rigs U.S. Rig Count is down 2 rigs from last week to 698, with oil rigs down 2 to 536, and gas rigs are unchanged from last week, at 162. U.S. Rig Count is down 1,113 rigs from last year at 1,811, with oil rigs dow...

04/01/2016 Read

Stand by and prepare for offshore oil and gas bankruptcy or get ready for offshore wind farms?

In case of slow oil and gas market, many companies leave their vessels and rigs to stand by for a better time, but some companies do not wait and prepare their services for diversification into a wind farms market already. U.S. benchmark oil crude...

28/12/2015 Read

Lukoil Selling Lithuania, Latvia Assets on Anti-Russia Sentiment

(Bloomberg) -- Lukoil PJSC has decided to sell its filling stations in Lithuania and Latvia after relations toward Russia worsened in the Baltic nations, according to billionaire Chief Executive Officer Vagit Alekperov. “Right now our assets...

28/12/2015 Read

Norway’s Electromagnetic Geoservices ASA (EMGS) has secured a 3D EM data sale deal

The company on Monday said the data licensing agreement was with an oil company. While it did not disclose the identity of the client, EMGS said the deal was for the provision of 3D EM data from the multi-client data library over the Norwegian Sea...

28/12/2015 Read

First Ultra-Large Containership Arrives in the United States

The largest containership ever to visit North America arrived at the port of Los Angeles early Saturday morning, marking the U.S. debut of a new breed of ‘mega ships’ that have until now only been seen in Asia and Europe.  ...

28/12/2015 Read

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