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News

List of the highlighted articles

Posted: over 4 years ago

'Projects with breakeven above $60 risk being uncommercial'

Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommer...

Posted: over 4 years ago
Posted: over 4 years ago

Court to decide on Bourbon takeover offer this month

If the court were to favor an offer by a group of French banks it would lead to the liquidation of t...

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

Archer eyes new contract for modular rig

Archer has entered into a Letter of Intent with a North Sea operator for the provision of drilling s...

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

Springfield reveals Ghana discovery volumes

Springfield and its partners have officially announced significant oil discovery following its maide...

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

Wison kicks off construction for Arctic LNG 2 project

Wison Offshore & Marine started the fabrication for Novatek’s Arctic LNG 2 Project at its...

Categories:
  • Project & Tenders
Posted: over 4 years ago
Posted: over 4 years ago

PTTEP takes Energy Drilling's rig for Thai drilling

Singapore’s Energy Drilling has been awarded a contract by PTTEP to provide drilling services ...

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

Wood to modify Equinor's platforms for floating wind project

Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installatio...

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

Maersk Drilling joins forces with Halliburton and Petrofac

Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploratio...

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

Chevron to write down up to $11 billion

Chevron has announced that its organic capital and exploratory spending program for 2020 will be $20...

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

Noble rig getting ready to drill for RockRose

Rockrose Energy has informed that the Noble Houston Colbert jack-up drilling rig is preparing to dri...

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

Talos spends $640M on portfolio of GoM assets

Talos Energy has entered into a series of definitive agreements to acquire a broad portfolio of U.S....

Posted: over 4 years ago
Posted: over 4 years ago

DOF Subsea lands two-month contract in Africa

DOF Subsea has entered into a two-month long contract with an international energy client in Africa....

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

Vår Energi doubles Norwegian output

Oil and gas company Vår Energi has completed the acquisition of ExxonMobil’s upstream business in No...

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

Aker Energy boss resigns

Aker Energy has named Svein Jakob Liknes, most recently Aker Energy’s Head of Operations, to acting ...

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

Aker BP boasts new well stimulation method

Aker BP has executed the first successful “Single-Trip Multi-Frac” campaign on the Valhall field loc...

Posted: over 4 years ago
Posted: over 4 years ago

SBM adds more time to 'Normand Installer' charter

Dutch FPSO operator SBM Offshore has extended the charter for the construction support vessel (CSV) ...

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

JDC secures additional work for Hakuryu-11 rig

Japan Drilling Company has secured additional work for its Hakuryu-11 jack-up, which will see the ri...

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

Schlumberger CFO to step down

Schlumberger has informed that Simon Ayat, Executive Vice President and Chief Financial Officer, wil...

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

BW drills first of four Tortue production wells

BW Energy has completed the first of the phase 2 Tortue development wells located in the Dussafu Mar...

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

Gas plant upgrade causes further delays for Cooper's Sole

Cooper Energy still has not been able to sell gas from its Sole field development located offshore A...

Categories:
  • Project & Tenders
Posted: over 4 years ago
Posted: over 4 years ago

BP picks Aker Solutions for Cypre project support

Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Tri...

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

Standard Drilling closes platform supplier sale

Norway-based offshore vessel owning company Standard Drilling has completed the sale of its platform...

Posted: over 4 years ago
Posted: over 4 years ago

Orinduik partners enter into first renewal period

Tullow Oil and its joint venture partners in the Orinduik Block located offshore Guyana have elected...

Posted: over 4 years ago
Posted: over 4 years ago

Total hires Ocean Infinity for seismic surveys in Angola

Ocean Infinity has been awarded a contract by Total for seismic surveys in Angola. ...

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

Archer wins four-year deal with Equinor in Brazil

Equinor has awarded Archer a new four-year contract for the provision of platform drilling managemen...

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