Page 3 - Offshore Projects News Today

Zacks Investment Research downgraded shares of Petrofac (OTCMKTS:POFCY – Get Rating) from a hold rating to a sell rating in a research note released on Wednesday, Zacks.com reports. According to Zacks, “Petrofac Limited is an oilfield service company serving the oil and gas production and processing industry. It operates in four segments: Onshore Engineering & […]

The Russian elites targeted by Thursdays sanctions round are either from prominent families close to Putin himself, or powerful leaders in the countrys financial sector, the administration said.

Companies profiled of Saudi Arabia Offshore Support Vessel (OSV) Market Research Report are Zamil Offshore Services Company (Saudi Arabia), Makamin...

Shell and Eneco sign offshore grid deal to power a million Dutch homes Together, they will build the offshore grid connection for the Hollandse Kust wind farm Image: Vattenfall AB Shell and Eneco have agreed to build the offshore grid connection for the Hollandse Kust wind farm in the Netherlands. The wind farm, which has a total capacity of 759MW and is scheduled to be operational in 2023, is forecast to produce energy equivalent to the consumption of more than one million homes. The agreemen...

Colombia: Shell acquires interest in three blocks off the Colombian Caribbean coast from Ecopetrol 04 Jan 2021 Col-5, Purple Angel and Fuerte Sur, are the contracts subject to the assignment, which have great potential in natural gas.   Shell will contribute its great knowledge and expertise in deep waters for the exploration of border basins.  The Shell EP Offshore Ventures, Colombian branch as operating partner of three Hydrocarbon Exploration and Production contracts in the deep waters ...

ResearchAndMarkets.com’s offering. The import substitution process was started in earnest after the imposition of sanctions in 2014. Six years is a substantial enough period to summarise interim results. On the one hand, the figures are not that bad: the industry already depends on imports by less than 50 percent. On the other, this is a typical average, while details are all-important. And an important question is what exactly should be deemed Russian equipment, considering active use of for...