Oil & Gas Archives

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4 months ago

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New rig deals bolster day rates and lift Diamond Offshore’s backlog to $1.6 billion

Diamond Offshore has tucked under its belt new contracts and extensions for its rig fleet in the U.S...

4 months ago

4 months ago

Valaris undertakes $400 million private placement to fund acquisition of two drillships

Valaris revealed a pricing of $400 million upsized private placement of additional 8.375 per cent se...

4 months ago

4 months ago

Enauta completes another well in its drilling campaign off Brazil and moves to last one

Enauta has concluded the drilling and completion of another well in its drilling programme at a fiel...

4 months ago

4 months ago

Two oil & gas firms agree on more time to wrap up divestment of North Sea discovery

Quattro Energy Limited has agreed on a long stop date extension for the acquisition of United Oil &...

4 months ago

4 months ago

OMV spuds gas-condensate prospect with Transocean rig

OMV has started drilling an exploration well in the Norwegian Sea, using one of Transocean’s semi-su...

4 months ago

4 months ago

Woodside offloads partial stake in Australian gas field while pursuing emerging energy sectors

Woodside has entered into a sale and purchase agreement with LNG Japan for the sale of a 10 per cent...

4 months ago

4 months ago

Santos and another oil firm pooling resources for CCS project off Timor-Leste

Santos inked a memorandum of understanding with TIMOR GAP to explore partnership opportunities for ...

4 months ago

Canadian firm turns its back on oilfield in West Africa

Zenith Energy has washed its hands of negotiations regarding a production sharing contract for a blo...

4 months ago

4 months ago

Five Vroon vessels joining Norwegian player’s fleet

GEOS is expanding its fleet of offshore supply vessels with four PSVs and one SSV for a total consid...

4 months ago

4 months ago

Thumbs-up for Equinor to deploy COSL Drilling’s rig for North Sea ops

Norwegian regulator has given Equinor its consent to use a COSL Drilling-owned rig for production dr...

4 months ago

4 months ago

Green light for Aker Solutions, Subsea 7 and SLB joint venture

Aker Solutions, Subsea 7 and SLB have obtained all required regulatory approvals from competition au...

4 months ago

4 months ago

Yinson gets a hold of $230 million in funding for Brazil-bound FPSO

Yinson Production has secured a $230 million term loan facility in relation to an FPSO vessel, which...

4 months ago

4 months ago

Saipem’s two new European offshore deals rake in nearly $2 billion

Saipem has won two new E&C offshore contracts in Romania and in Germany with a total value of ar...

4 months ago

energy transition

4 months ago

Premium

In focus: Decarbonisation gaining ever stronger foothold

Our news this week reflect the increasing activities in vessel decarbonisation and emission cutting ...

4 months ago

4 months ago

Go-ahead sets the seal on development of $4.4 billion deepwater gas project in Black Sea

Romania’s National Agency for Mineral Resources has endorsed the development plan for a massive deep...

4 months ago

4 months ago

TotalEnergies and SOCAR take on ADNOC as partner in gas field off Azerbaijan

TotalEnergies and SOCAR have inked a deal, which will enable each to sell a 15 per cent participatin...

4 months ago

4 months ago

International offshore rig count activity on the rise

Baker Hughes’ international rig count report shows a boost in the number of offshore rigs in July 20...

4 months ago

4 months ago

OMV all set to embark on drilling activities with Transocean rig

OMV has secured a drilling permit from Norway’s authorities for exploration drilling in the Norwegia...

4 months ago

long read

4 months ago

Premium

Recent global rig deals push Noble’s backlog to $5 billion

Noble has secured a new contracts and extensions for its rigs in Brazil, Mauritania, Suriname, Malay...

4 months ago

long read

4 months ago

American govt urged to hammer out ‘robust’ offshore oil & gas leasing programme

18 energy trade groups have called on the Biden administration to finalise a new five-year programme...

4 months ago

4 months ago

TechnipFMC and Aker Solutions secure additional work offshore Angola

Azule Energy, a joint venture between BP and Eni, has awarded TechnipFMC and Aker Solutions with con...

4 months ago

4 months ago

Valaris drillship starts work offshore Angola

Valaris has confirmed the start of TotalEnergies’ drilling campaign offshore Angola, which is being ...

4 months ago

4 months ago

Repsol extends platform supply vessel’s assignment

Golden Energy Offshore Services has secured another contract extension for one of its PSVs with Reps...

4 months ago

4 months ago

With current Black Sea drilling campaign drawing to a close, next one slated for mid-2024

Trillion Energy is nearing the end of the first phase of its multi-well drilling campaign on a natur...

4 months ago

energy transition

4 months ago

Premium

Interview: As America’s energy mix decarbonises, growth spurt in the air for renewables with offshore wind as centrepiece

Thomas Gros, a senior energy industry executive, sees offshore wind as the linchpin of the decarboni...

4 months ago

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