News

  • ABS launches online safety training courses

    ABS Group has launched an eLearning training platform to provide educational tools and offer a catalogue of professional training courses to technical personnel worldwide.   The new training solution will feature on-demand courses to augment classroom training in the practice areas of cyber security, risk…

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  • Neptune Energy discovers oil in Rhine Valley exploration

    Neptune Energy has  oil in the Schwegenheim exploration well in the Rhine Valley.   Further assessment is required to determine if oil can be produced economically from the structure. The well has been suspended.   Drilling operations were carried out to a depth of 2,600…

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  • Shell Tightens Belt Amid Pandemic

    Shell revealed on the 23rd March that it has embarked on “a series of operational and financial initiatives” which are expected to contribute US$8-9 billion of free cash flow on a pre-tax basis.   The initiatives are expected to result in the reduction of underlying…

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  • KenzFigee enters into offshore cranes pact in Saudi Arabia

    Saudi Arabia’s Zamil Shipyards, part of Zamil Offshore Services, and Dutch lifting equipment specialist KenzFigee have signed a memorandum of understanding for the provision of offshore crane services and local construction of KenzFigee offshore cranes and equipment.   KenzFigee said on the 22nd March that…

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  • OKEA responds to market developments

    OKEA has confirmed that the Yme redevelopment project in the Norwegian North Sea remains on schedule for first oil in the second half of 2020.   The company said it was working with operator Repsol and the other partners to mitigate the impact which travel…

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