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Oil

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Posted: 5 months ago

Solstad clinches another vessel deal for North Sea ops

Solstad Offshore has been awarded a long-term contract for another PSV by an undisclosed charterer t...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

Another mystery buyer gets its hands on Solstad vessel

Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, ...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

U.S. offshore rig count continues inching upward

According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is conti...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Enauta plans to drill extra well on Brazilian field as FPSO talk resume

Brazil’s oil and gas company Enauta will be drilling an additional well on the Atlanta field located...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

New jobs for two Borr rigs

Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return f...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Petrobras gets hold of additional source of funds with $5 billion credit line

Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 bil...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Aker BP hires Subsea 7 for North Sea project

Offshore services provider Subsea 7 has won a contract with Norwegian Aker BP for the Hanz field dev...

Categories:
  • Business developments & projects
Posted: 5 months ago
Posted: 5 months ago

Lundin asks Equinor to keep the operatorship of next Barents Sea production hub

Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has ag...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Fresh extension for Shelf Drilling rig in Italy

Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for o...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Merger plans come to naught

Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decom...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Creating blueprint for repurposing old oil & gas assets

An old offshore platform in the Gulf of Mexico is set to be converted into a working fish farm, prov...

Categories:
  • Innovation
Posted: 5 months ago
Posted: 5 months ago

Woodside contracts Solstad PSV for Australian ops

Solstad Offshore has been awarded a long-term contract for one of its PSVs by Woodside to support op...

Categories:
  • Vessels
Posted: 5 months ago
Posted: 5 months ago

Kongsberg upgrades Aker BP’s FPSO

Kongsberg Maritime has successfully updated 19 Safety and Automation Systems (SAS) controllers on Ak...

Categories:
  • Vessels
Posted: 5 months ago
  • long read
Posted: 5 months ago
Premium

Shell goes ahead with seismic survey off South Africa but faces new court hearing

Shell has kicked off its controversial seismic survey activities off South Africa despite growing op...

Categories:
  • Environment
Posted: 5 months ago
Posted: 5 months ago

Drilling costs swell for Guyana exploration well

Drilling costs for an exploration well located off Guyana are expected to increase as drilling opera...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

DNV expects oil & gas capex to shrink and offshore wind growth to trigger race for ocean space

An unprecedented race for ocean space is on the horizon driven by the exponential growth of offshore...

Categories:
  • Market outlooks
Posted: 5 months ago
Posted: 5 months ago

PetroNor names interim replacement as authorities detain CEO

PetroNor has appointed an interim CEO, after Økokrim detained its CEO, Knut Søvold, on suspicion of ...

Categories:
  • Authorities & Government
Posted: 5 months ago
Posted: 5 months ago

Talos elects ex-Noble exec to lead carbon capture and storage business

Houston-based Talos Energy has elected a former Noble Energy executive to lead its carbon capture an...

Categories:
  • Carbon Capture Usage & Storage
Posted: 5 months ago
Posted: 5 months ago

BP to raise its stake in ‘iconic’ UK field as Viaro heads out

BP is increasing its stake in a field located on the UKCS through a deal signed with Viaro Energy’s ...

Categories:
  • Business & Finance
Posted: 5 months ago
Posted: 5 months ago

Santos getting ready for two wells near Dorado field

Santos is preparing to start drilling operations on two exploration wells near the Dorado field. wit...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Aker BP sanctions North Sea discovery

Aker BP and its licence partners have affirmed the investment decision for the development of a Nort...

Categories:
  • Project & Tenders
Posted: 5 months ago
Posted: 5 months ago

Norwegian player gets go-ahead to buy North Sea field stake from Repsol

Lime Petroleum has received approval from the authorities for the acquisition of Repsol’s interest i...

Categories:
  • Authorities & Government
Posted: 5 months ago
Posted: 5 months ago

New Moody’s rating for Santos

Moody’s has assigned an investment grade credit rating with a stable outlook to Santos following the...

Categories:
  • Business & Finance
Posted: 5 months ago
  • long read
Posted: 5 months ago

Oil & gas on the rebound but tension will define 2022, Woodmac says

Wood Mackenzie believes that the oil and gas sector will continue to rebound in 2022, but the positi...

Categories:
  • Exploration & Production
Posted: 5 months ago
Posted: 5 months ago

Shell spuds Namibian wildcat

Oil major Shell has started drilling an exploration well in the Orange Basin offshore Namibia using ...

Categories:
  • Exploration & Production
Posted: 5 months ago