Overview page containing news articles

Oil

List of the highlighted articles

Posted: about 1 year ago

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 ...

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Outlook & strategy
Posted: about 1 year ago
Posted: about 1 year ago

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 ...

Categories:
  • Market outlooks
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Regulation & policy
Posted: about 1 year ago
Posted: about 1 year 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:
  • Authorities & Government
Posted: about 1 year ago
Posted: about 1 year 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 ...

Categories:
  • Outlook & strategy
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Outlook & strategy
Posted: about 1 year ago
Posted: about 1 year ago

EnQuest cleared to decommission Alma and Galia FPSO

UK oil and gas company EnQuest has received approval from the UK authorities for its decommissioning...

Categories:
  • Regulation & policy
Posted: about 1 year ago
Posted: about 1 year 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:
  • Infrastructure
Posted: about 1 year ago
Posted: about 1 year 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: about 1 year ago
Posted: about 1 year ago

Petrobras firms up deals for Marlim 2 FPSO with Yinson

Malaysian FPSO provider Yinson has signed contracts with Petrobras for the delivery, operation, and ...

Categories:
  • Project & Tenders
Posted: about 1 year ago
Posted: about 1 year ago

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’...

Categories:
  • Infrastructure
Posted: about 1 year ago
Posted: about 1 year ago

Svitzer bags five-year contract extension with NuStar

Svitzer, a global towage operator and part of Maersk, has secured a five-year extension of its marin...

Categories:
  • Infrastructure
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Project & Tenders
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

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 ...

Categories:
  • Project & Tenders
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

FAR and Woodside reach settlement in Senegal dispute

Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside’s...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Johan Sverdrup to reach plateau production early

The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production f...

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year ago

Spirit boosts output at two North Sea fields

Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted prod...

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Business developments & projects
Posted: about 1 year ago
Posted: about 1 year ago

Cairn makes 'significant' reductions to capex

Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

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...

Categories:
  • Safety
Posted: about 1 year ago