Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020 with pricing expected to remain competitive, according to market research provider Westwood Global Energy Group.
Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and extensions with Eni, BP, Premier Oil, Kosmos, Walter Oil & Gas, and an undisclosed operator in Australia.
Australian energy giant Woodside has received a decision in its favor from the International Court of Arbitration of the International Chamber of Commerce regarding a dispute related to ConocoPhillips’ sale of interest in acreage off Senegal to Woodside.
Nigeria LNG signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3 with Galp Trading.
Neptune Energy has signed an operated exploration license with the Egyptian General Petroleum Corporation (EGPC) for Egypt’s North West El Amal offshore concession.
A West African company called ERB CI placed a new order recently for four REMU Big Float amphibious excavators that will be mounted on the base of Volvo’s EC210B and Volvo’s EC210B LR. The company from Ivory Coast will be utilizing the REMU Big Float amphibious excavators to safeguard and develop th
Oil and gas company Kosmos Energy, along with its partners, has signed an LNG supply deal with a subsidiary of BP for volumes from the Greater Tortue Ahmeyim Phase 1 project.
Dallas-based Kosmos Energy said that together with its partners it has signed an LNG supply deal with BP Gas Marketing for volumes from Phase 1 of the Greater Tortue Ahmeyim project.
The Egyptian Ministry of Petroleum and Schlumberger have introduced the Egypt Upstream Gateway, a project for digitizing subsurface information and delivering a digital subsurface platform to ensure Egypt’s subsurface data is kept evergreen. The Egypt Upstream Gateway will also be a platform to prom
The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both at a domestic and an international level, reducing demand for oil.
Oceaneering has been awarded a contract by BP to provide riserless light well intervention (RLWI) services offshore Angola in Blocks 18 and 31. In connection with this contract, Oceaneering has agreed to provide personnel and equipment related to its RLWI services, remotely operated vehicles (ROV’s)
Airborne Oil & Gas has secured its most significant flowlines contract to date which will see the delivery of a record 10km length of its thermoplastic composite pipe (TCP) to a supermajor in West Africa. The company is producing the 10km TCP flowline to support the operator’s brownfield, tie-back d
