ROV in Residence

Remote operated vehicles (ROV) have become standard workhorses for the offshore industry, providing vital support to underwater operations, from drilling to servicing the latest subsea processing technologies. But, they’re now undergoing a transformation. Continue reading

Pirates Attack OSV in the Gulf of Mexico

Pirates attacked an Italy-flagged offshore supply vessel in the southern Gulf of Mexico, injuring two crew members, the Mexican Navy said on Tuesday, in the latest outbreak of robbery and piracy to hit oil platforms and infrastructure in the area. One of the crew members of the boat, Remas, received a bullet wound, and the... Continue Reading →

Tullow, Eco shares nosedive as Guyana discoveries ‘heavy oil’

Shares of Tullow Oil and Eco Atlantic fell sharply Wednesday morning after the two companies announced the two discoveries recently struck offshore Guyana contained heavy oil with high sulfur percentage. Tullow announced the two discoveries – Jethro 1 and the Joe-1 in its Orinduik block in August and September, respectively. As previously reported, the Jethro-1 well hit 55 meters... Continue Reading →

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