News by topic

Overview page containing news articles

List of the highlighted articles

Posted: 8 days ago

Yinson hit with FPSO deal termination after Aker Energy defers Pecan project

Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, A...

Categories:
  • Infrastructure
Posted: 8 days ago
Posted: 8 days ago

Solstad and Ocean Yield in fresh extension of standstill agreement for anchor handling duo

Ocean Yield, a ship owning company with investments in vessels on long -term charters, has agreed to...

Posted: 8 days ago
Posted: 8 days ago

Eco board and management slash own wages

The board and management of oil firm Eco Atlantic have voluntarily taken pay cuts of up to 40 percen...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market

Polarcus’ cost reduction plan includes redundancies, reduction of base salary and capex, and w...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Byron Energy curbs Gulf of Mexico output due to sharp decline in oil price

Byron Energy has decided to ramp-down production from the SM71 field in the U.S. Gulf of Mexico due ...

Categories:
  • Project & Tenders
Posted: 8 days ago
Posted: 8 days ago

Wintershall Dea hires Applied Petroleum for geochemical analyses

German oil and gas company Wintershall Dea has awarded a global frame agreement to Applied Petroleum...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

Ocean Installer elects new chief financial officer

Norwegian subsea contractor Ocean Installer has appointed a new chief financial officer (CFO) of the...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 8 days ago

WoodMac: gas sector hit by coronavirus and LNG oversupply

The worldwide natural gas sector has been impacted by a “triple whammy” of coronavirus, ...

Posted: 8 days ago
Posted: 8 days ago

Former SeaBird man takes CFO role at Axxis Geo Solutions

Axxis Geo Solutions (AGS), a Norwegian ocean bottom node seismic company, has appointed a new chief ...

Categories:
  • Business & Finance
Posted: 8 days ago
Posted: 9 days ago

EU approves Sinopec, Novatek, Gazprombank JV

The European Commission has approved the joint venture in China between China’s Sinopec Gas, a...

Posted: 9 days ago
Posted: 9 days ago

Rig utilization in Southeast Asia set for decline, Rystad’s analysis shows

Southeast Asia’s rig market, which was poised for growth in 2020, is now set for a decline. Several ...

Categories:
  • Exploration & Production
Posted: 9 days ago
Posted: 9 days ago

Fluxys reports record Zeebrugge LNG ship ops

Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record numb...

Posted: 9 days ago
Posted: 9 days ago

CNRI files decommissioning plans for two floating units off UK

CNR International (CNRI) has filed its Banff and Kyle fields decommissioning programs for an FPSO an...

Categories:
  • Infrastructure
Posted: 9 days ago
Posted: 9 days ago

LGM Engineering FGSS ordered for LNG-fueled VLCC

LGM Engineering, formerly known as Gloryholder LGM, has secured a deal to supply an LNG fuel gas sup...

Posted: 9 days ago
Posted: 9 days ago

Oil price war and coronavirus to sink global E&P capex to at least 13-year low, Rystad says

Under Rystad Energy’s updated base case scenario of $34 per barrel in 2020 and $44 per barrel ...

Posted: 9 days ago
Posted: 9 days ago

Worley scores extension to support Chevron’s LNG assets

Oil and gas contractor Worley has secured a services contract extension with Chevron for the company...

Posted: 9 days ago
Posted: 9 days ago

Helix Energy eyes 20 pct capex reduction as oil price decline and coronavirus hit the market

Helix Energy Solutions has withdrawn its previous financial and operational guidance for this year d...

Categories:
  • Business & Finance
Posted: 9 days ago
Posted: 9 days ago

Rolls-Royce tech ordered for German LNG-powered multi-purpose vessels

Rolls-Royce has been contracted to supply the gas-shielded propulsion system for two new LNG-powered...

Categories:
  • Vessels
Posted: 9 days ago
Posted: 9 days ago

Orbital Gets Second Berth at EMEC for Its Floating Tidal Farm

Orbital Marine Power has signed up to a second berth at the European Marine Energy Centre (EMEC) in ...

Categories:
  • Technology
Posted: 9 days ago
Posted: 9 days ago

Cooper’s Sole field starts gas supply into pipeline

Australia’s Cooper Energy has informed that its operated Sole gas field, located offshore Aust...

Categories:
  • Project & Tenders
Posted: 9 days ago
Posted: 9 days ago

Minerva Gas lays keel for LNG newbuild at SHI

Minerva Gas, the Greek LNG carrier owner and operator, has made further progress with its newbuildin...

Categories:
  • Vessels
Posted: 9 days ago
Posted: 9 days ago

Chevron extends services contract with Worley in Australia

Worley has been awarded a two-year extension to an existing services contract with Chevron in Austra...

Categories:
  • Business & Finance
Posted: 9 days ago
Posted: 9 days ago

ABS to class new jack-up drilling units for Silver Eagle

ABS, a global classification provider, will provide a classification for a series of self-elevating ...

Categories:
  • Exploration & Production
Posted: 9 days ago
Posted: 9 days ago

Shell pulls out of Lake Charles LNG export project

The Hague-based energy giant Shell is withdrawing from the planned Lake Charles liquefied natural ga...

Posted: 9 days ago
Posted: 9 days ago

Coor inks extension for offshore facility management with Equinor

Norwegian oil major Equinor has extended its offshore agreement with facility management provider Co...

Categories:
  • Business & Finance
Posted: 9 days ago
Posted: 9 days ago

TGS and PGS release final seismic data ahead of Canadian licensing round

Norwegian seismic firms PGS and TGS have released final 3D seismic data results offshore Newfoundlan...

Posted: 9 days ago