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News

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Posted: over 3 years ago

Exxon to slash 14,000 jobs due to effects of COVID pandemic

U.S. oil major ExxonMobil could cut its global workforce by about 15 per cent, as the Covid-19 pande...

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

MAN to supply compressors for Equinor’s Bacalhau FPSO

Japanese supplier and operator of offshore floating platforms MODEC has commissioned MAN Energy Solu...

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

Cenovus, Husky to cut up to 25 pct of combined workforce

Canadian oil and gas player Cenovus Energy has decided to cut between 20 and 25 per cent of its work...

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

Hurricane Zeta shuts-in 66 pct of U.S. GoM oil production

Hurricane Zeta has forced oil and gas operators in the U.S. Gulf of Mexico to shut-in two-thirds of ...

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

Turkey may work with foreign firms to develop Sakarya field

Turkey stated that there is a possibility that it would cooperate with foreign companies to develop ...

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

Equinor gains drilling permit for Barents Sea well

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a well located i...

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

Biden to steer U.S. off oil to tackle climate change

United States President Donald Trump and former vice president Joe Biden locked up horns in the fina...

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

PGNiG to buy Danish offshore gas from Ørsted

Danish offshore wind developer Ørsted has signed a deal to sell gas to Polish oil and gas company PG...

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

Former SNC-Lavalin CEO joins McDermott board

U.S. engineering and construction services company McDermott International has appointed a new membe...

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

Europa O&G scores extension for Inezgane permit off Morocco

London-listed oil and gas firm Europa Oil & Gas has been granted a one-year extension for the in...

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

PNOC, CNOOC to start South China Sea joint venture by 2021

The Philippine National Oil Company (PNOC) has agreed to start an energy exploration venture with th...

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

Stena Drilling finds more work for Stena Forth drillship. Pens deal with Intebloc

Offshore drilling contractor Stena Drilling has won a deal from Chinese oil company CNOOC for the u...

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

80 Brae workers isolated over possible Covid-19 exposure

Oil and gas firm TAQA has asked a total of 80 offshore workers to go into self-isolation as a precau...

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

Shelf Drilling gets another rig suspension from Saudi Aramco

Offshore drilling contractor Shelf Drilling has received a suspension notice for one of its jack-up ...

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

Disclosing Northern Lights well data to push CCS innovation

Partners in the Northern Lights project have decided to disclose datasets from the 31/5-7 Eos confir...

Categories:
  • Research & Development
Posted: over 3 years ago
Posted: over 3 years ago

PXP, CNOOC discussing South China Sea work

Oil and gas company PXP Energy has started negotiations with CNOOC regarding a memorandum of underst...

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

Petrobras delays Parque das Baleias project to 2024

Brazilian oil major Petrobras has postponed the Parque das Baleias integrated project in the Campos ...

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

Erdoğan: Tuna-1 Black Sea discovery holds 405 bcm of gas

Turkish President Recep Tayyip Erdoğan has visited the Fatih drillship to announce an increase in di...

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

U.S. offshore rig count flat for fourth week straight

The number of active rigs in the U.S. remained flat for the fourth week in a row, according to weekl...

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

Shell to use digital twins to speed up capital projects

Shell’s Deepwater business has selected Bentley Systems’ digital twin solutions to streamline its ca...

Categories:
  • IT & Software
Posted: over 3 years ago
Posted: over 3 years ago

GoM offshore rigs ops back to normal after Hurricane Delta

All rigs operating in the Gulf of Mexico have begun operating normally following the passing of Hurr...

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

Rystad: UKCS output never to return above 2 million boepd

Even though Hurricane Energy had promising exploration results in UK’s fractured basins, energy inte...

Categories:
  • Market Outlooks
Posted: over 3 years ago
Posted: over 3 years ago

Seadrill scores extension for West Vela drillship from BP

Oil major BP has awarded a new contract for Seadrill Partners’ West Vela drillship for work in the U...

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

BOEM to hold next Gulf of Mexico lease sale in mid-November

The Bureau of Ocean Energy Management (BOEM) has proposed to offer around 78 million acres in a regi...

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

Weatherford in "industry's first" with GoM casing sidetrack

U.S. oilfield services player Weatherford has achieved the industry’s first 12 ¼-inch casing sidetra...

Categories:
  • Innovation
Posted: over 3 years ago