Oil & Gas Archives

over 3 years ago

European OW CAPEX to top upstream O&G in 2022

Capital expenditure (CAPEX) on offshore wind is expected to surpass upstream oil & gas spending ...

over 3 years ago

over 3 years ago

Shell farm-in into Egdon UK licences moving forward

The UK’s Oil and Gas Authority (OGA) has granted extensions for Egdon Resources’ P1929 and P2304 lic...

over 3 years ago

over 3 years ago

Hurricane CEO resigns. Lancaster production increased

The chief executive officer (CEO) and director of London-listed oil explorer Hurricane Energy has de...

over 3 years ago

over 3 years ago

Penspen inks engineering study deal off Myanmar

Engineering and management services provider Penspen has been awarded a contract from an undisclosed...

over 3 years ago

over 3 years ago

BW gets another FPSO extension from Petrobras

FPSO operator BW Offshore has signed another agreement with Petrobras for an extension of the lease ...

over 3 years ago

over 3 years ago

Energean FPSO topside works restarted

Energean has informed that work restarted on the Energean Power FPSO in the Admiralty Yard, Singapor...

over 3 years ago

over 3 years ago

U.S. weekly offshore rig count up a notch

The number of offshore rigs in the U.S. is up by one unit over the last week, according to a weekly ...

over 3 years ago

over 3 years ago

Aker Energy looking to revive Pecan field development

Oil and gas company Aker Energy is looking to revive its Pecan field development offshore Ghana, aft...

over 3 years ago

over 3 years ago

Worldwide offshore rig count in May drops by 54 Y-o-Y

The worldwide offshore rig count in May 2020 dropped 54 rigs year-over-year and 37 rigs sequentially...

over 3 years ago

over 3 years ago

Apache cuts down on offshore inspection hours through digitalisation

Oil and gas company Apache has implemented digital inspection technology to reduce offshore inspecti...

over 3 years ago

over 3 years ago

Hokchi opts for early termination of Grupo R contract

Mexico’s Grupo R has received an early termination of a drilling contract with Hokchi Energy d...

over 3 years ago

over 3 years ago

Premier agrees discount for BP's North Sea assets

Oil and gas company Premier Oil has agreed revised terms for the acquisitions of the Andrew Area and...

over 3 years ago

over 3 years ago

SembMarine's Brazilian unit enters new credit facility

A wholly-owned subsidiary of Singapore’s offshore rig builder Sembcorp Marine has entered into...

over 3 years ago

over 3 years ago

Wood aims for 40 per cent GHG emissions reduction by 2030

Oilfield services company Wood has pledged to reduce its greenhouse gas emissions by 40 per cent by ...

over 3 years ago

over 3 years ago

Seacor Marine buys remaining stake in SEACOSCO JV

U.S. offshore support vessel provider Seacor Marine has, through a wholly-owned subsidiary, entered ...

over 3 years ago

over 3 years ago

Eni in major overhaul as it shifts toward renewable energy

Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts towar...

over 3 years ago

over 3 years ago

Gulf of Mexico operators evacuating workers ahead of storm

Gulf of Mexico operators are removing workers from its offshore assets and ramping down production d...

over 3 years ago

over 3 years ago

Eidesvik secures more work with Aker BP

Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the ...

over 3 years ago

over 3 years ago

Court accepts charges against ex-SembMarine employee

A court in Brazil has accepted a money laundering and corruption complaint against a former Sembcorp...

over 3 years ago

over 3 years ago

Shell and Cluff 'remain committed' to two UK wells

Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, l...

over 3 years ago

over 3 years ago

Irregularities found during Valaris rig audit

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregula...

over 3 years ago

over 3 years ago

Archer picked as sole provider of downhole services on Gyda

Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on th...

over 3 years ago

over 3 years ago

NZOG looking to acquire assets in Australia and New Zealand

New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of pro...

over 3 years ago

over 3 years ago

Sapura Energy bags nearly $180M in new deals

Sapura Energy has been awarded several new contracts for its Engineering and Construction division, ...

over 3 years ago

over 3 years ago

Offshore regulator clears Santos’ plan for Yoorn-1 survey

National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved San...

over 3 years ago

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