Hess Corporation saw its net loss deepen in the third quarter of 2020 compared to the prior-year period while its production increased by 11 per cent.
Operators have shut-in nearly half of oil production and over 55 per cent of gas production from the U.S. Gulf of Mexico due to the Hurricane Zeta.
Aker Solutions boosted its profit in the third quarter of 2020 despite lower revenues as oil and gas operators reduced their activity levels.
Norwegian subsea solutions provider Stinger and Houston Mechatronics Inc. (HMI) have entered into a collaboration agreement. Stinger said it aims to become the go-to provider of light weight, smart and fast deployable underwater drones for resident applications with semi-autonomous and autonomous ch
Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.
Vår Energi has signed frame agreements with a total of 12 Norwegian suppliers of services within a number of technical and administrative disciplines.
The Maritime and Port Authority of Singapore (MPA) revealed plans to double the number of liquefied natural gas (LNG) bunker suppliers by February 2021.
Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea.
Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers.
The Finnish technology group Wärtsilä has signed a long-term Optimised maintenance agreement with South Korean energy provider JB Corporation.
French oil major Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin off South Africa.
Mitsubishi Corporation and Air Water have jointly developed a compact LNG filling unit that can be used in space-limited logistics facilities.
US-based energy giant ExxonMobil, Japan’s power utility JERA have teamed up to develop an LNG-to-power project in Vietnam.
Petrobras has decided to reassign the FPSO P-71 from the Tupi field to the Itapu field offshore Brazil in an effort to focus on deep and ultra-deep waters.
