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News

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Posted: over 3 years ago

PetroRio closes Frade field stake buy from Petrobras

Brazilian oil and gas company PetroRio has completed the acquisition of the 30 per cent interest in ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Seadrill files Chapter 11 for Asia Offshore Drilling

Offshore drilling contractor Seadrill Limited has been forced to file Chapter 11 cases for several o...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

U.S. offshore rig count stays flat for third week running

The number of offshore rigs in the U.S. remained steady for the third straight week but down seven u...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

Three60 Energy scores duty holder deal for Galoc field FPSO

Energy services group Three60 Energy has been awarded a contract for the provision of duty holder O&...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

ExxonMobil launches new low-carbon business

U.S. oil major ExxonMobil has created a new business named ExxonMobil Low Carbon Solutions to commer...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Equinor: 'We are not where we need to be' regarding safety

Although Equinor experienced several serious incidents throughout the year, it was able to achieve a...

Categories:
  • Safety
Posted: over 3 years ago
Posted: over 3 years ago

Melbana progressing with Beehive farm-out talks

Oil and gas company Melbana Energy has revealed that there are several interested parties in taking ...

Categories:
  • Business & Finance
Posted: over 3 years ago
  • long read
Posted: over 3 years ago

U.S. Energy Secretary nominee backs Biden's green push

After many negative comments targeted President Biden’s plan to halt oil and gas leasing, the nomine...

Categories:
  • Authorities & Government
Posted: over 3 years ago
Posted: over 3 years ago

Seadrill's agreement with creditors expires

Forbearance agreements entered into by offshore drilling contractor Seadrill Limited with certain cr...

Categories:
  • Business Developments & Projects
Posted: over 3 years ago
Posted: over 3 years ago

U.S. offshore rig count remains flat for two weeks straight

The number of offshore rigs in the U.S. remained steady for the second straight week but down five u...

Categories:
  • Infrastructure
Posted: over 3 years ago
Posted: over 3 years ago

Sen. Cassidy presents bill in attempt to block leasing halt

Republican senators from oil-producing states, led by Senator Bill Cassidy from Louisiana, introduce...

Categories:
  • Authorities & Government
Posted: over 3 years ago
Posted: over 3 years ago

Oxy delivers world-first carbon-neutral crude shipment

A division of Occidental Petroleum, Oxy Low Carbon Ventures (OLCV), has delivered the world’s first ...

Categories:
  • Transition
Posted: over 3 years ago
Posted: over 3 years ago

Eidesvik secures vessel work with Aker BP

Norwegian oil company Aker BP has awarded a contract to compatriot shipping company Eidesvik Offshor...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

U.S. leasing halt has 'no shortage of negative consequences'

Negative reactions to U.S. President Biden’s executive order to halt new oil and natural gas leasing...

Categories:
  • Environment
Posted: over 3 years ago
Posted: over 3 years ago

Safeen, Allianz Marine create new logistics provider

Abu Dhabi Ports’ maritime arm Safeen has recently signed an agreement with Allianz Marine & Logi...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Lundin to increase output, speed up decarbonisation strategy

Swedish oil company Lundin Energy has announced it would be increasing its output in 2021 as well as...

Categories:
  • Outlook & Strategy
Posted: over 3 years ago
  • long read
Posted: over 3 years ago

Biden halts federal oil and gas leasing indefinitely

U.S. President Joe Biden has signed an executive order to halt new oil and gas leasing but which the...

Categories:
  • Authorities & Government
Posted: over 3 years ago
Posted: over 3 years ago

Marathon Oil sets new greenhouse gas emissions target

Houston-based oil and gas company Marathon Oil has been able to reduce its greenhouse gas (GHG) emis...

Categories:
  • Environment
Posted: over 3 years ago
Posted: over 3 years ago

Piriou delivers FPSV to Jana Marine

French shipbuilder Piriou has a fast personnel and supply vessel (FPSV) to Jana Marine, a Saudi Arab...

Categories:
  • Vessels
Posted: over 3 years ago
Posted: over 3 years ago

Inpex sets net-zero emission target for 2050

Japan’s biggest oil and gas producer Inpex has revealed its strategy to become a net-zero comp...

Categories:
  • Transition
Posted: over 3 years ago
Posted: over 3 years ago

Petrobras sees oil reserves drop in 2020

Brazilian oil major Petrobras has noted a small decrease in its proved reserves of oil, condensate, ...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

DNV GL merges O&G, Power & Renewables into Energy Systems

Assurance and risk management company DNV GL has decided to combine its current Oil & Gas and Po...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Jersey notes 'significant' increase in Buchan resources

North Sea-focused Jersey Oil & Gas has announced a ‘significant’ increase in 2C cont...

Categories:
  • Project & Tenders
Posted: over 3 years ago
Posted: over 3 years ago

O&G industry doubles down on green investments, DNV GL said

The oil and gas industry expects to boost investment in the energy systems of the future this year a...

Categories:
  • Transition
Posted: over 3 years ago
Posted: over 3 years ago

ADES scores new jack-up rig deal offshore Egypt

ADES International, an oil & gas drilling and production services provider in the Middle East an...

Categories:
  • Business & Finance
Posted: over 3 years ago