Oil Archives

over 2 years ago

KrisEnergy suspends Wassana field 'until further notice'

Singapore’s independent oil and gas company KrisEnergy has decided to suspend operations on th...

over 2 years ago

Trio of firms to build shallow draft ice-breaking W2W vessel

Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an ...

over 2 years ago

COSL, Equinor ink new master framework agreement

COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Con...

over 2 years ago

Aker BP looking to decrease carbon footprint with tech deal

Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company ...

over 2 years ago

Gunvor trading volumes pushed by LNG

Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the yea...

over 2 years ago

Allseas starts work on first-ever gig in China

Offshore oil and gas installation, construction, and decommissioning specialist Allseas has started ...

over 2 years ago

More improvement needed before ‘West Bollsta’ AoC award

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found one improvement ...

over 2 years ago

More oil and gas assets up for grabs due to Covid-19

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billio...

over 2 years ago

Empyrean gets another year to drill well off China

Oil and gas development company Empyrean Energy has been granted a twelve-month extension for the fi...

over 2 years ago

long read

over 2 years ago

Premium

Drones flying off into brighter offshore future

With COVID-19 still a concern and climate change being a major talking point all around the world, d...

over 2 years ago

Solstad Offshore promotes finance director to CFO role

Norwegian offshore vessel provider Solstad Offshore has picked a new chief financial officer (CFO). ...

over 2 years ago

Green light for Cavendish decommissioning plan

UK authorities have approved Ineos’ plan for the removal of the Cavendish platform and associated pi...

over 2 years ago

BP Southern Africa gets new CEO

British oil major BP has named a new chief executive officer (CEO) of its BP Southern Africa (bpSA) ...

over 2 years ago

MMA to support Northern Endeavour FPSO

MMA Offshore has been awarded a support contract with Upstream Production Solutions for the MPSV Mer...

over 2 years ago

Ex-Quadrant man to take COO role at Beach

Oil and gas company Beach Energy has appointed a new chief operating officer (COO) of the company. ...

over 2 years ago

Ineos farms out two Norwegian licenses to Lime Petroleum

Rex International’s 90 per cent subsidiary, Lime Petroleum, has completed the acquisition of a 15 pe...

over 2 years ago

Suncor puts out fire on Terra Nova FPSO

A fire on board Suncor Energy’s Terra Nova FPSO, located offshore Canada, was reported to the ...

over 2 years ago

U.S. weekly offshore rig count flat for two weeks in a row

The number of active offshore rigs in the U.S. remained flat at 12 units for the second week running...

over 2 years ago

Chevron to reduce workforce by up to 15 per cent

Chevron is planning to reduce its nearly 45,000-strong workforce by 10 to 15 per cent this year due ...

over 2 years ago

Neptune gets green light to use Deepsea Yantai rig on Gjøa

Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptu...

over 2 years ago

Norway has lowest and Canada highest upstream CO2 footprint

Canada has the highest carbon emission intensity per barrel of oil equivalent produced, while Norway...

over 2 years ago

Melbana suspends Beehive work obligations

Australian offshore regulator has granted Melbana Energy the approval to suspend the deadline for co...

over 2 years ago

Aker BP gains consent to use 'Maersk Invincible' on Valhall

Norwegian oil company Aker BP has received consent from the Petroleum Safety Authority (PSA) for plu...

over 2 years ago

video

over 2 years ago

Petrofac to continue work on Iraq’s crude oil export project

Oilfield services provider Petrofac has secured a further six-month contract extension with the Basr...

over 2 years ago

Apache stock becoming exclusive to Nasdaq

Houston-based oil and gas company Apache Corporation has chosen to list its common stock solely on t...

over 2 years ago

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