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News

List of the highlighted articles

Posted: over 4 years ago

Neptune drills dry well

Neptune Energy has drilled a dry well near the Heidrun field in the Norwegian Sea. ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Ineos delays Floatel charter

A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Early terminations and rate reductions for Valaris rigs

Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Borr takes rig delivery from Keppel

Singapore’s offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

SEC closes Eni investigation

The U.S. Securities and Exchange Commission is closing its investigation into Eni related to its inv...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Baker Hughes sinks to $10 billion loss

Baker Hughes booked a huge impairment charge in the first quarter of the year resulting in a $10 bil...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Aker BP starts production from Norwegian Sea well

Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea – three years...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Jadestone delays Australia infill wells

Jadestone is further reducing its 2020 capital expenditure guidance due to the collapse of the globa...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Valaris may face NYSE delisting

Another offshore drilling contractor, Valaris, has seen its share value fall below $1 as its operati...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Woodside taps TechnipFMC for Australian job

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Inst...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
  • long read
Posted: over 4 years ago

UK to avoid shut-ins even with $20 oil prices

With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins ...

Categories:
  • Outlook & Strategy
Posted: over 4 years ago
Posted: over 4 years ago

Impairments push Halliburton into loss

Giant oilfield services provider Halliburton booked a $1 billion loss in the first quarter of this y...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

World’s two largest pipelay vessels meet in Rotterdam

Two giant pipelay vessels owned by offshore contractor Allseas are now, for the first time ever, bot...

Categories:
  • Vessels
Posted: over 4 years ago
Posted: over 4 years ago

Vår Energi creates new VP role

Norwegian oil and gas company Vår Energi has named Bjørn Thore Ribesen as its vice president Field D...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Beach Energy ends Diamond rig contract

Beach Energy has terminated a drilling contract with Diamond Offshore for the Ocean Onyx drilling ri...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Equinor gets 10-year life extension for Troll B

Norwegian authorities have granted consent to operator Equinor for a 10-year lifetime extension for ...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

U.S. offshore rig count drops down a notch

The number of offshore rigs in the U.S. decreased by one unit over the last week, according to a wee...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Schlumberger books $8.5 billion charge in 1Q

Schlumberger took an $8.5 billion charge in the first quarter of the year rocked by the low oil pric...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Shell and Aker BP cancel Maersk Drilling's contracts

Danish offshore drilling contractor Maersk Drilling has received notices of termination for two dril...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Contract cancellation for Transocean's drillship

Transocean has received a contract termination for a drillship operating in Egypt. ...

Categories:
  • Business & Finance
Posted: over 4 years ago
Posted: over 4 years ago

Total delays North Sea gig for Prosafe’s accommodation rig

Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 202...

Categories:
  • Exploration & Production
Posted: over 4 years ago
Posted: over 4 years ago

Chevron gets $1.6 billion for Azerbaijan assets from MOL

Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1....

Categories:
  • Business & Finance
Posted: over 4 years ago
  • long read
Posted: over 4 years ago

Covid-19 and offshore construction

The article delves into legal intricacies of declaring force majeure events on existing offshore con...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

ConocoPhillips

ConocoPhillips is taking further actions to respond to the oil market downturn and it will be making...

Categories:
  • Business Developments & Projects
Posted: over 4 years ago
Posted: over 4 years ago

Dutch Tulip Oil preparing for future North Sea wells

Tulip Oil is taking steps in preparation for production increase at its Q10-A gas field located in t...

Categories:
  • Exploration & Production
Posted: over 4 years ago