List of the highlighted articles
Solstad, Ocean Yield further extend standstill for AHTS duo
Ocean Yield, a ship owning company with investments in vessels on long -term charters, has agreed to...
Byron curbs GoM output over oil price volatility
Byron Energy has decided to ramp-down production from the SM71 field in the U.S. Gulf of Mexico due ...
Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market
Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty faci...
Rig utilisation 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 ...
ABS to class new jack-up drilling units for Silver Eagle
ABS, a global classification provider, will provide classification for a series of self-elevating dr...
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...
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 ...
Helix Energy eyes capex reduction as oil price decline and coronavirus hit the market
Expecting the spot market for 2020 to be significantly weaker than previously predicted, Helix Energ...
EnQuest cleared to decommission Alma and Galia FPSO
UK oil and gas company EnQuest has received approval from the UK authorities for its decommissioning...
Cooper’s Sole field starts gas supply into pipeline
Australia’s Cooper Energy has informed that its operated Sole gas field, located offshore Aust...
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...
Petrobras firms up deals for Marlim 2 FPSO with Yinson
Malaysian FPSO provider Yinson has signed contracts with Petrobras for the delivery, operation, and ...
Norway to include 36 new blocks in this year’s offshore licensing round
Norwegian Ministry of Petroleum and Energy has proposed to include 36 new blocks in this year’...
McDermott hired for pre-FEED on BHP's Trion FPU
McDermott has been awarded a sizeable contract by BHP to provide pre-FEED services for a floating pr...
Shell taps Aker Solutions for brownfield services job in Brunei
Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide of...
Coronavirus outbreak delays Thali farm-out, well drilling
Oil and gas company Tower Resources has delayed the completion date for its Thali PSC farm-out over ...
Petrobras’ charter for BW Offshore’s FPSO expires with no firm plan in sight
The charter agreement and services agreement for the BW Offshore-owned FPSO Cidade de São Mateus wit...
Siccar Point delays sanction date for Cambo project due to coronavirus
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located We...
FAR and Woodside reach settlement in Senegal dispute
Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside’s...
Johan Sverdrup to reach plateau production early
The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production f...
Spirit boosts output at two North Sea fields
Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted prod...
BP charters Foinaven FPSO for up to ten years
Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a n...
Cairn makes 'significant' reductions to capex
Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing ...
Oil price drop, coronavirus push EMGS into cost-saving mode
Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey compan...
Worker evacuated from FPSO tests positive for coronavirus
Hurricane Energy has confirmed that a crew member on the Aoka Mizu FPSO at the Lancaster field has b...