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News

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Posted: over 2 years ago

Woodmac: Energy transition a $14 trillion O&G uncertainty

The energy transition represents $14 trillion worth of uncertainty for upstream oil and gas, accordi...

Categories:
  • Transition
Posted: over 2 years ago
Posted: over 2 years ago

Shell signs deal to sell Philippines business to Udenna

Oil major Shell has signed an agreement with Udenna Corporation’s subsidiary for the sale of its 100...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Norway: April oil output rises above NPD predictions

Norway’s oil production in April 2021 was just over three per cent above predictions made by the Nor...

Categories:
  • Infrastructure
Posted: over 2 years ago
  • long read
Posted: over 2 years ago
Premium

Seadrill racks up over $400 million in contracts during 1Q

Offshore drilling contractor Seadrill Limited has won over $400 million in new deals during the firs...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Westwood: 30 FPSOs to become available by end of 2022

Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating...

Categories:
  • Market Outlooks
Posted: over 2 years ago
Posted: over 2 years ago

Investor calls for removal of five Hurricane directors

Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, has called f...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

PTTEP finds more gas offshore Malaysia

Thailand’s PTT Exploration and Production (PTTEP) has made another offshore gas discovery in the Bal...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

IEA net-zero roadmap: No place for further O&G investments

The International Energy Agency’s (IEA) has announced the world’s first comprehensive study on...

Categories:
  • Vision
Posted: over 2 years ago
Posted: over 2 years ago

Petropars to develop $1.78B Farzad B gas field in Iran

The National Iranian Oil Company (NIOC) has signed a contract worth $1.78 billion with compatriot Pe...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

OMV Petrom turns to Black Sea following Kazakhstan exit

Romanian oil and gas company OMV Petrom has closed the sale of its onshore oilfields in Kazakhstan t...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

ASCO to provide logistics support for IOG's Core Project

Global logistics and materials management provider ASCO has been contracted to provide logistics and...

Categories:
  • Ports & Logistics
Posted: over 2 years ago
Posted: over 2 years ago

Rockhopper to resolve Ombrina Mare arbitration in July

Oil and gas company Rockhopper Exploration has received notice that a final decision in its arbitrat...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

IOG awards Core Project Phase 1 duty holder role to ODE

UK gas company IOG has awarded the Phase 1 duty holder contract for the installation and pipeline op...

Categories:
  • Project & Tenders
Posted: over 2 years ago
Posted: over 2 years ago

FAR 'disappointed' over share trading reinstatement refusal

Australia’s FAR Limited has expressed its disappointment with the Australian Securities Exchange’s (...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Remazel to supply mooring and riser for Prosperity FPSO

Italian engineering firm Remazel Engineering has been chosen as the supplier of the complete mooring...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Equinor signs deals with firms from Energy Accelerator event

Equinor’s corporate venture arm Equinor Ventures has signed deals with and gave prizes to part...

Categories:
  • Innovation
Posted: over 2 years ago
Posted: over 2 years ago

Shell taps Dayang for topside maintenance off Malaysia

Malaysia’s services provider to the oil and gas industry Dayang Enterprise has won a contract ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Australia stuns with abandoned fields decom costs levy

The Australian oil industry was stunned by the government’s decision to levy the estimated $200 mill...

Categories:
  • Authorities & Government
Posted: over 2 years ago
Posted: over 2 years ago

Zenith Energy buys Candax Energy's acreage in Tunisia

Canadian oil and gas company Zenith Energy has completed the acquisition of Candax Energy’s Barbados...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Petrofac CFO set to retire. Replacement already named

The chief financial officer (CFO) of oilfield services provider Petrofac has advised the company of ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

BW Offshore chooses APL's STP system for Barossa FPSO

FPSO operator BW Offshore has hired APL, part of NOV’s completion and production solutions segment, ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Shell makes 'significant' oil find in U.S. Gulf of Mexico

Shell Offshore, a subsidiary of supermajor Shell, has made a ‘significant’ oil discovery in the deep...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

McDermott to provide FEED work on BHP's Trion FPU

U.S. offshore engineering and construction services provider McDermott International has been select...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Enauta keeps Solstad AHTS for Atlanta field support

Brazilian oil company Enauta Energia has chartered an anchor handling tug and supply vessel from Nor...

Categories:
  • Vessels
Posted: over 2 years ago
Posted: over 2 years ago

Vaalco hedges production for drilling, FSO upgrade costs

Houston-based Vaalco Energy is hedging a portion of its production to protect cash flows, which will...

Categories:
  • Business & Finance
Posted: over 2 years ago