List of the highlighted articles
Prosafe still working to hammer out financial solution with lenders
Prosafe is still working to resolve its financial situation with lenders but is still unclear what a...
Vår Energi picks Equinor man for CEO role
Vår Energi has appointed Torger Rød as the company’s new CEO following the departure of Kristin Krag...
ExxonMobil spuds Bulletwood-1 well off Guyana
Oil major ExxonMobil has started drilling at the Bulletwood-1 well site on the Canje Block located o...
Eni stops Australian assets sale amid lack of satisfactory bids
Italian oil and gas company Eni has reportedly put on hold its sale of Australian gas assets due to ...
Prosafe finds new job for Safe Concordia unit
Offshore accommodation rigs provider Prosafe has won a contract for one of its units for operations ...
GMS gets breathing space from banks
Gulf Marine Services (GMS) has agreed on an extension for the conclusion of improved terms for debt ...
SOFEC cuts first steel for Sangomar FPSO turret system
Mooring systems provider SOFEC has cut first steel for the turret mooring system being built for the...
Lundin picks up drilling permit for North Sea well
Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in th...
Cenovus completes merger with Husky Energy
Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating ...
Suncor to book $425 million impairment on White Rose assets
Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 o...
McDermott completes raising $560M in new funds
U.S. offshore engineering and construction services provider McDermott has completed the raising of ...
i3 Energy abandons ‘sub-commercial’ Liberator licence
i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determ...
Equinor gets consent for use of well intervention vessel
Equinor has received consent from the country’s offshore safety agency for the use of the Isla...
Eni awards another extension to BW FPSO in Nigeria
FPSO operator BW Offshore has been awarded a contract extension for its Abo FPSO from Eni for operat...
Total enters new block offshore Egypt
An international consortium led by Total and EGAS have signed an exploration and production agreemen...
Pacific Drilling emerges from bankruptcy
Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has ...
Yme project moves into hook-up phase following rig installation
Repsol has moved into the hook-up phase of the Yme development project located offshore Norway follo...
Repsol cleared to start development of Indonesian field
Indonesian authorities have approved the first plan of development (POD) for the Kali Berau field de...
Exxon to write off up to $20B of assets despite 4Q gains
Oil major ExxonMobil has stated that it would have to write down assets up to $20 billion regardless...
SSE sheds North Sea fields to focus on renewables
Scotland-based energy company SSE plc has agreed to sell all of its interests in its portfolio of ga...
Edison sells Norwegian subsidiary to Sval Energi
Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the compan...
U.S. offshore rig count remains flat
The number of offshore rigs in the U.S. remained unchanged over this week, according to a weekly rig...
Petrobras moves European commercial activities to Rotterdam
Brazilian oil major Petrobras has decided to transfer its commercial activities from London to the P...
Energean to buy 30 pct stake in Israeli arm for up to $405M
Oil and gas firm Energean has entered into an agreement to buy Kerogen’s 30 per cent shareholding in...
Vitol pays $45 million to Petrobras in corruption settlement
Brazilian state-run oil company Petrobras has received $44.65 million in a settlement with Swiss ene...