zoom Oceanteam Solutions has received a letter of intent (LoI) from an unnamed cable producer in Europe for the supply of a vessel, turntable and auxiliary equipment for the transport...

zoom U.S. Customs and Border Protection recently withdrew its proposed changes to the Jones Act that would have deemed foreign flagged vessels banned from operation in the U.S. waters. The Jones...

OPEC has agreed to extend cuts in oil production by nine months to March 2018, following their meeting on Thursday in Vienna. Exempting Nigeria from the cuts may have avoided political...

Venezuelan oil minister Nelson Martinez said Thursday he does not see any threats to the country's oil projects despite recent political turmoil."Not at all, the...

zoom Hess Corporation has signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations & maintenance, integrity management, subsea, and decommissioning services. The two...

zoom Oceaneering has entered into an agreement, expected to extend into 2026, with an undisclosed international oil and gas company, to provide remotely operated vehicle (ROV) services and equipment for...