Polarcus Limited has signed a Letter of Intent with an undisclosed client for a 3D marine seismic acquisition project offshore Brazil.

Petrobras is now the world’s 12th largest oil and gas company, according to the 2014 edition of the Petroleum Intelligence Weekly (PIW) ranking, published by the Energy Intelligence Group.

Production of crude oil and natural gas began for Chevron Corp.

Sweden’s Viking Supply Ships has received an early termination for three of four AHTS vessels it chartered to a major oil company back in 2013.

Norway’s Rem Offshore has received notice of contract termination for two of its platform supply vessels (PSV) “Rem Server” and “Rem Supporter”.

InterMoor, an Acteon company, has successfully installed and hooked up a permanent mooring system for the Delta House field floating production system (FPS) in the Gulf of Mexico.

Statoil has, with its partners in the Snorre offshore field, decided to adjust the schedule for the ongoing Snorre 2040 project by postponing the planned date for the second decision gate (DG2) from March 2015 to October 2015.

Watch a video of a ceremony marking the launch of a pipe lay support vessel, held last week at a yard in the Netherlands.

Huntington oil field, located in the UK North Sea, is slated to get back in production this weekend.

The Ghana Government has officially signed an exploration and production agreement with Eni Exploration for the commencement of work on the US$6 billion Sankofa Oil and Gas Fields located Offshore Cape Three Points (OCTP).