Oil Archives

21 days ago

Brand-new deal supports UAE player’s expectations of tightening market

Gulf Marine Services (GMS) has won a new long-term deal for one of its small-size class vessels with...

21 days ago

AET brings in second vessel built for TotalEnergies

AET has taken delivery of the second dual-fuel VLCC, which was purpose-built for a long-term charter...

21 days ago

Havila offloads two vessels in fleet reshuffle

Havila Shipping has sold two of its platform supply vessels to an undisclosed buyer in a bid to purs...

21 days ago

Chinese player promotes from within as CEO steps down

CNOOC has revealed several changes to its board of directors and senior management team after its CE...

21 days ago

long read

24 days ago

New North Sea projects targeting 1.3 bln barrels of o&g

The annual performance review for the UK’s top producers highlighted 33 new projects targeting 1.3 b...

24 days ago

Earnings double for ExxonMobil despite Russia exit

ExxonMobil doubled its quarterly earnings and booked a significant increase in revenues when compare...

24 days ago

Chevron sees quarterly earnings spike amid higher oil and gas prices

Oil major Chevron booked a significant increase in its quarterly earnings and revenues driven by hig...

24 days ago

Dutch operator takes on Maersk rig for North Sea well

Offshore drilling contractor Maersk Drilling has been awarded a one-well extension for one of its ja...

24 days ago

Shell fined for breaching production consents for North Sea fields

UK’s regulator has fined Shell and served it with a sanction notice for breaching production c...

24 days ago

UK player entering Angola through Sonangol deal

Sonangol has inked a deal with the UK-headquartered Afentra for a partial sale of its stake in two b...

24 days ago

25 days ago

Hat-trick award to bring $404 million to Seadrill

Offshore drilling contractor Seadrill has secured contracts totalling $404 million for three jack-up...

25 days ago

Industry Contribution

Integrating DVLs on USVs for robust navigation capabilities

There is no “one size fits all” solution when it comes to sensors on Uncrewed Surface Vehicles (USVs...

7 months ago

Industry Contribution

Counting down to Offshore Energy Exhibition & Conference 2021

In less than two weeks, Offshore Energy Exhibition & Conference 2021 will open its doors! The in...

7 months ago

25 days ago

Chevron inks contract for fresh block off Suriname

Staatsolie and Chevron are expanding their cooperation in shallow offshore Suriname following the si...

25 days ago

More acreage for PetroRio in Brazil as Petrobras sells deepwater field

In line with its divestment strategy, Petrobras has agreed to sell its entire stake in a Brazilian d...

25 days ago

Rystad: O&G payments to govts to hit all-time high in 2022

High commodity prices and increasing oil & gas supply are set to push upstream sector payments t...

25 days ago

Industry Contribution

Severstal keeps focus on Offshore Projects

Author of the Article: Konstantin BarabashHead of the Technical Sales Department for Export markets,...

8 months ago

25 days ago

Petrobras collects about $2 bln from Shell and TotalEnergies

Shell and TotalEnergies have paid for an increased stake in the Petrobras-operated Atapu field locat...

25 days ago

Valaris sells two stacked rigs to ADES

Offshore rig owner Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operator ADES ...

25 days ago

Hamlet proves to be an oil and gas discovery

Oil and gas company Neptune Energy has confirmed an oil and gas discovery at its Hamlet exploration ...

25 days ago

Industry Contribution

Buzzing networking drinks at OEEC!

Offshore Energy Exhibition and Conference (OEEC) is coming close! Following the press conference by ...

8 months ago

25 days ago

Saipem picks contractor to supply electrical module for FPSO

Saipem has selected GE Power Conversion to supply an electrical module for an FPSO, which will be de...

25 days ago

26 days ago

Activists in Germany protest against North Sea drilling

Activists in Germany turned off crude oil pipelines at five locations, calling the government to sto...

26 days ago

ExxonMobil digs up three more oil discoveries in Guyanese waters

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recovera...

26 days ago

Three-year extension for Saudi jack-up

UAE-based Shelf Drilling has secured a three-year contract extension for a jack-up rig operating off...

26 days ago

No oil pay for Empyrean in Chinese well

Empyrean Energy is disappointed after finding no hydrocarbons in the Jade prospect well, located in ...

26 days ago

long read

26 days ago

SembMarine and Keppel O&M seal the deal

Singapore’s Keppel Corporation and Sembcorp Marine have signed definitive agreements for the propose...

26 days ago

ConocoPhillips cleared to spin the drill bit at Norwegian Sea well

The Norwegian Petroleum Directorate has granted ConocoPhillips a drilling permit for a wildcat well ...

26 days ago

27 days ago

Premium

Subsea installation campaign delay on Senegal's oil project

Woodside has completed more than half of the work related to its Sangomar project in Senegal, but a ...

27 days ago

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