Maersk Drilling Sign Deals with Halliburton and Petrofac to Deliver Well Services to Seapulse Offshore drilling contractor Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be delivered under Maersk Drilling’s master alliance agreement with Seapulse, as reported by Offshore Energy Today. Maersk Drilling and Seapulse signed the…
Oil prices edged higher on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an attempt to prop up prices and prevent a glut next year, reports Aljazeera. OPEC was seeking to increase production cuts by the group and its allies by Russia by more than 400,000…
French offshore vessel owner Bourbon has been awarded an integrated logistics contract by compatriot oil major Total in Namibia. Bourbon said on Monday that its Marine & Logistics arm would support Total’s deep offshore exploration campaign in South Namibia in 2020. The project scope covers the provision of a logistics base, freight forwarding, custom clearance,…
Reports emerged from Offshore Energy Today last week of a potential merger between UK’s Subsea 7 and Italy’s Saipem, saying that a combination of the two could rank as one of the European oil services industry’s biggest-ever deals. Norway’s Rystad said the deal would create the fourth-largest oilfield service company. Bloomberg said last Thursday that…