Karoon, Pitkin Settle Peru Differences

Australian oil and gas firm Karoon Energy has reached a settlement agreement with Pitkin Petroleum over a dispute related to Block Z-38, offshore Peru.  Back in May, Pitkin Petroleum sent a notice of the dispute to Karoon Energy, related to the joint operating agreement in respect of Block Z-38, offshore Peru in which the two... Continue Reading →

DOF scores new contract and extension with Petrobras

DOF ASA’s Brazilian subsidiary, Norskan Offshore, has secured a new long-term contract and an extension for two of its AHTS vessels with Petrobras. DOF announced on Tuesday, 14 September 2021 that its Anchor Handling Tug Supply (AHTS) vessel, Skandi Botafogo with 180t bollard pull (BP) was awarded a brand new three-year contract with Petrobras with the scheduled startup of operations in the... Continue Reading →

Subsea 7 Names New CFO

Offshore installation services provider Subsea 7 said Tuesday that its Chief Executive Office Ricardo Rosa would retire from his position at the end of December 2021. He will be succeeded from January 1, 2022, by Mark Foley. Foley joins Subsea 7 from Petrofac where he held the position of Group Financial Controller and SVP Finance... Continue Reading →

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