Oil- Page 2 of 24 - Offshore Energy

5 days ago

ConocoPhillips gets drilling permit for Norwegian Sea well

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well lo...

5 days ago

Maersk Drilling chief financial officer to step down

The chief financial officer (CFO) of Danish offshore driller Maersk Drilling has announced he would ...

5 days ago

6 days ago

NEO Energy wraps up buy of Total’s UK North Sea assets

NEO Energy has completed the acquisition of a portfolio of operated and non-operated assets in the U...

6 days ago

Eni names new chief financial officer

Italian energy major Eni has appointed a new chief financial officer (CFO) of the company. ...

6 days ago

IOG picks HSM Offshore for EPCI work on Core Project Phase 1

Independent Oil and Gas (IOG) has awarded the engineering, procurement, construction, and installati...

6 days ago

Barryroe consortium spots filled by top service providers

Irish oil and gas exploration company Providence Resources has revealed the list of companies which ...

6 days ago

Prosafe still negotiating with lenders as forbearance agreement expires

Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussi...

6 days ago

Chevron posts massive $8.3 billion loss

U.S. oil major Chevron hit the red hard as it reported a massive loss of $8.3 billion, or almost $4....

6 days ago

U.S. offshore rig count at 12 for four weeks straight

The U.S. offshore rig count has remained flat for another week, making this the fourth week straight...

6 days ago

9 days ago

EnQuest to operate Bressay field as Equinor halves interest

Equinor has agreed to sell a 40.8125 per cent interest in and transfer operatorship of the Bressay o...

9 days ago

Red ink for ConocoPhillips on lower oil prices and volumes

ConocoPhillips recorded a $1 billion loss in the second quarter of this year due to lower oil prices...

9 days ago

Floatel to book nearly $400 million in impairment charges

Floatel International will book impairments of nearly $400 million for the second quarter of the yea...

9 days ago

Green light for Equinor to use Maersk rig on Martin Linge field

Norwegian oil major Equinor has received safety consent from the country’s offshore safety wat...

9 days ago

Equinor comes up dry in Barents Sea well

Equinor has drilled a dry well near the Johan Castberg field in the Barents Sea offshore Norway. ...

9 days ago

UK boasts improved production efficiency for seven years in a row

Production efficiency on the UK Continental Shelf has improved for the seventh consecutive year and ...

9 days ago

Petrobras renews Vallourec contract for provision of tubes and services

Tubular solutions provider Vallourec has been awarded an extension of its contracts to supply produc...

9 days ago

10 days ago

Eni slips to loss, cuts capex

Eni went from a profit in the second quarter of 2019 to a loss in the same period this year hit by t...

10 days ago

Shell books $18 billion loss on huge impairment charges

Shell booked a loss of $18.1 billion in the second quarter of 2020 due to huge impairments as it cut...

10 days ago

AET takes delivery of 2nd Petrobras-chartered shuttle tanker from SHI

South Korean shipbuilder Samsung Heavy Industries (SHI) has delivered Eagle Paulinia to AET Tankers,...

10 days ago

Total sells Gabon assets to Perenco

French oil major Total has decided to divest its portfolio of mature non-operated assets located off...

10 days ago

Karoon CEO to retire after 16 years at the helm

Karoon Energy’s founder and long-standing CEO and Managing Director, Robert Hosking, is retiri...

10 days ago

Apache in fresh oil discovery offshore Suriname

Apache has made what it says is a major oil discovery at the Kwaskwasi-1 well drilled offshore Surin...

10 days ago

11 days ago

Tullow delays Suriname well with rig hunt under way

Tullow Oil has postponed the drilling of its exploration well on a block located offshore Suriname. ...

11 days ago

Hess sinks deeper into the red

Hess sank deeper into the red during the second quarter of the year compared to the same period last...

11 days ago

Equinor gains drilling permit for wildcat wells in Norwegian Sea

The Norwegian Petroleum Directorate has granted Equinor a drilling permit for wells located in the N...

11 days ago

Ampelmann to support Ithaca’s project in North Sea

Ampelmann has secured a contract with Olympic Shipping to support topside commissioning work on Itha...

11 days ago

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