Oil- Page 3 of 36 - Offshore Energy

11 days ago

Hurricane Delta closes 92 pct of Gulf of Mexico oil output – largest in 15 years

Over 90 per cent of current oil production in the Gulf of Mexico has been shut-in as a result of Hur...

11 days ago

12 days ago

Norway’s striking labour union, oil firms to meet with mediator

Oil firms and labour officials in Norway will meet on Friday with a state-appointed mediator to try ...

12 days ago

OPEC: Oil demand to decline after plateauing in late 2030s

World oil demand will plateau in the late 2030s and by then begin to decline, the Organization of th...

12 days ago

Designing of carbon-neutral offshore oil and gas platforms underway

U.S. engineering firm McDermott has teamed up with electrical equipment giant Scheider Electric and ...

12 days ago

Noble Corporation scores rig extension deal with ExxonMobil

Offshore drilling contractor Noble Corporation has been awarded a long-term extension for the ultra-...

12 days ago

Lukoil, KazMunayGas ink deal for Al-Farabi block in Kazakh Caspian Sea

Russian oil and gas company Lukoil and Kazakhstan’s state-owned company KazMunayGas (KMG) have signe...

12 days ago

Chevron overtakes ExxonMobil’s market value for first time

Chevron’s market value overtook ExxonMobil for the first time on Wednesday, 7 October, during the sa...

12 days ago

13 days ago

Neptune Energy increases stake in Dugong discovery

Oil and gas exploration firm Neptune Energy has signed an agreement with Concedo for the acquisition...

13 days ago

ConocoPhillips picks up drilling permit for Norwegian Sea well

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

13 days ago

Extinction Rebellion sets anti-oil banner on Scottish Parliament

Environmental activists from Extinction Rebellion organization have climbed the Scottish Parliament ...

13 days ago

Strike could shut down production on Equinor’s Johan Sverdrup

Norwegian oil major Equinor has warned that the Johan Sverdrup field in the North Sea would have to ...

13 days ago

West Bollsta rig given compliance award

Following several audits, the Norwegian offshore safety watchdog has awarded an Acknowledgement of C...

13 days ago

McDermott ships first topside modules for MODEC FPSO

McDermott has made the first shipment of topside modules for a floating production storage and offlo...

13 days ago

Fraser Well Management takes over operation of suspended offshore well

Independent oil and gas development and production firm Bridge Petroleum has appointed well engineer...

13 days ago

Energean Power FPSO gets living quarters and pipe rack

Oil and gas company Energean has completed the lift of the living quarter module and pipe rack modul...

13 days ago

14 days ago

Equinor projects see delays, increased costs due to COVID, weak NOK

Norwegian energy major Equinor has seen its costs for projects under development rise due to the Cov...

14 days ago

Total adds another floating wind project to its portfolio

Total has bought a 20 per cent stake in the EolMed floating wind pilot project in France, located in...

14 days ago

Offshore workers scatter as Hurricane Delta approaches

Oil and gas companies with assets across the Gulf of Mexico have begun to evacuate workers from offs...

14 days ago

Wellesley uses on-the-rig simulator to reduce exploration risks

Oil and gas company Wellesley Petroleum has commissioned a mobile on-the-rig (OTR) drilling simulato...

14 days ago

Karoon to complete Brazilian oilfield takeover in October

Australian player Karoon Gas is expecting to close its acquisition of the Baúna field, located offsh...

14 days ago

W&T Offshore output suffers amid ‘the most active storm season in 10 years’

Production by W&T Offshore has suffered an adverse impact due to an extremely active tropical st...

14 days ago

15 days ago

Equinor to cut exploration staff by 30 per cent

Norwegian energy giant Equinor has decided to reduce its exploration staff by 30 per cent as the Cov...

15 days ago

Premier Oil and Chrysaor to merge in largest independent oil & gas player on LSE

Premier Oil has reached an agreement with Harbour’s UK operating company Chrysaor regarding a ...

15 days ago

Hess sells stake in Gulf of Mexico field to fund Guyana project

Oil and gas company Hess Corporation has entered into an agreement to sell its 28 per cent working i...

15 days ago

Odfjell eyes major drilling & completion job with Equinor

Equinor has awarded a letter of intent to Odfjell Drilling for the drilling and completion of the Br...

15 days ago

IOG gives up on Deltic Energy takeover plans

Independent Oil & Gas (IOG) has given up on its plan to acquire its compatriot oil and gas playe...

15 days ago

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