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Oil

List of the highlighted articles

Posted: 11 days ago

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...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

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...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

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...

Categories:
  • Exploration & Production
Posted: 11 days ago
Posted: 11 days ago

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 ...

Categories:
  • Project & Tenders
Posted: 11 days ago
Posted: 11 days ago

Prosafe finds new job for Safe Concordia unit

Offshore accommodation rigs provider Prosafe has won a contract for one of its units for operations ...

Categories:
  • Project & Tenders
Posted: 11 days ago
Posted: 11 days ago

GMS gets breathing space from banks

Gulf Marine Services (GMS) has agreed on an extension for the conclusion of improved terms for debt ...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

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...

Categories:
  • Project & Tenders
Posted: 11 days ago
Posted: 11 days ago

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...

Categories:
  • Exploration & Production
Posted: 11 days ago
Posted: 11 days ago

Cenovus completes merger with Husky Energy

Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating ...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

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...

Categories:
  • Business & Finance
Posted: 11 days ago
Posted: 11 days ago

McDermott completes raising $560M in new funds

U.S. offshore engineering and construction services provider McDermott has completed the raising of ...

Categories:
  • Business & Finance
Posted: 11 days ago
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Posted: 12 days ago

i3 Energy abandons ‘sub-commercial’ Liberator licence

i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determ...

Categories:
  • Exploration & Production
Posted: 12 days ago
Posted: 12 days ago

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...

Categories:
  • Authorities & Government
Posted: 12 days ago
Posted: 12 days ago

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...

Categories:
  • Business & Finance
Posted: 12 days ago
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Posted: 12 days ago

Total enters new block offshore Egypt

An international consortium led by Total and EGAS have signed an exploration and production agreemen...

Categories:
  • Exploration & Production
Posted: 12 days ago
Posted: 12 days ago

Pacific Drilling emerges from bankruptcy

Offshore drilling contractor Pacific Drilling has completed its balance-sheet restructuring and has ...

Categories:
  • Business & Finance
Posted: 12 days ago
Posted: 12 days ago

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...

Categories:
  • Exploration & Production
Posted: 12 days ago
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Posted: 12 days ago

Repsol cleared to start development of Indonesian field

Indonesian authorities have approved the first plan of development (POD) for the Kali Berau field de...

Categories:
  • Authorities & Government
Posted: 12 days ago
Posted: 16 days ago

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...

Categories:
  • Business & Finance
Posted: 16 days ago
Posted: 16 days ago

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...

Categories:
  • Business & Finance
Posted: 16 days ago
Posted: 16 days ago

Edison sells Norwegian subsidiary to Sval Energi

Italian energy player Edison has sold its wholly-owned Norwegian subsidiary Edison Norge, the compan...

Categories:
  • Business & Finance
Posted: 16 days ago
Posted: 16 days ago

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...

Categories:
  • Exploration & Production
Posted: 16 days ago
Posted: 17 days ago

Petrobras moves European commercial activities to Rotterdam

Brazilian oil major Petrobras has decided to transfer its commercial activities from London to the P...

Categories:
  • Business & Finance
Posted: 17 days ago
Posted: 17 days ago

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...

Categories:
  • Business & Finance
Posted: 17 days ago
Posted: 17 days ago

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...

Categories:
  • Business & Finance
Posted: 17 days ago