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News

List of the highlighted articles

Posted: over 2 years ago

Hess increases budget with majority going to Guyana & Bakken again

Hess Corporation has revealed that its Exploration & Production capital and exploratory budget f...

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

SBM Offshore sells stake in Brazil-bound FPSO to Japanese duo

SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under cons...

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

Hibiscus expects threefold increase in o&g output

Malaysia’s Hibiscus Petroleum has completed the acquisition of Repsol’s E&P assets i...

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

COSCO Shipping’s fleet now boasts nine heavy lift vessels

Chinese shipping and logistic services provider COSCO Shipping has added another giant heavy-lift ve...

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

Petrofac to go on as NEO Energy’s well operator for another five years

Petrofac has secured a five-year contract extension for well management and well operator services w...

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

Well-Safe selects helicopter operator for North Sea ops

Offshore Helicopter Services UK Limited has secured a new contract with Well-Safe Solutions for oper...

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

The time has come for Heerema to remove four North Sea platforms

Petrogas E&P Netherlands has awarded Heerema Marine Contractors an integrated decommissioning co...

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

Enauta moves to buy FPSO for Brazilian field

Enauta has entered into an agreement for the purchase of an FPSO for the Definitive System of the At...

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

Inpex secures rig for drilling off Japan

Japan Drilling Co. has been awarded a contract by compatriot Inpex Corporation for the provision of ...

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

Six-year extension for ‘largest deepwater FPSO in Malaysia’

MISC Berhad announced that the MDFT had recently entered into an agreement with PTTEP to extend a ch...

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

Shell ditches Royal Dutch from its name

Shell has officially changed its name to Shell plc, after deciding to simplify its share structure a...

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

BW Offshore gets rid of FPSO to transition to floating energy investments

BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to flo...

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

Disappointing results for Carnarvon in Buffalo well

Carnarvon Energy is disappointed following results from its Buffalo-1- well drilled offshore Timor-L...

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

Upstream M&A deals hit three-year high in 2021 – Rystad

Global upstream merger and acquisition deals rebounded to pre-Covid-19 levels in 2021, reaching a to...

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

Oilfield services players close the year on a positive note

Two giant oilfield services players – Baker Hughes & Schlumberger – closed the year ...

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

Highest utilisation rate for Prosafe fleet since 2015

In 2021, Prosafe saw its vessel utilisation more than double when compared to the previous year and ...

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

TotalEnergies withdrawing from Myanmar amid ‘worsening situation’

TotalEnergies has decided to withdraw from its operations in Myanmar following a military coup in th...

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

McDermott books Heerema for Saudi project

Heerema Marine Contractors has secured a contract with McDermott to transport and install six jacket...

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

Enauta repairs pipeline but Covid-19 outbreak hampers restart

Enauta has completed the repair of a production line on the FPSO but the production from the field i...

Categories:
  • Operations & Maintenance
Posted: over 2 years ago
Posted: over 2 years ago

Investigation of fatal Gulf of Mexico incident reveals probable causes

U.S. offshore safety regulator has released an investigation report on a fatal incident on Fieldwood...

Categories:
  • Safety
Posted: over 2 years ago
  • video
Posted: over 2 years ago

WATCH: Well-Safe cheers 'momentous landmark'

Well-Safe Solutions has reached a major milestone with the mobilisation of its Well-Safe Guardian ri...

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

Frontier exploration drilling in 2021 fell to the lowest level ever recorded by Westwood

Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever...

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

Enauta extends Brazilian FPSO charter

Enauta has signed agreements with Altera to extend the charter of FPSO Petrojarl I on the Atlanta fi...

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

TotalEnergies brings in Maersk rig for North Sea job

Danish offshore drilling contractor Maersk Drilling has been awarded a contract with TotalEnergies i...

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

Valaris lands two new floater deals

Valaris has been awarded two one-well contracts with subsidiaries of Murphy Oil Corporation for a se...

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