Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas operators are looking to reduce costs.
Singapore’s offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up rig, named Hild, to Borr Drilling.
Australian gas producer and GLNG operator, Santos reported a 13 per cent decrease in revenue, affected by the slump in oil and gas prices. Santos sales revenue for the January-March quarter fell to $883 million from $1.02 billion a year ago. The Australian company produced 17.9 million barrels of oi
The Sempra Energy-led Cameron LNG project has started commissioning the third liquefaction train at its export plant in Louisiana. Cameron LNG began introducing feed gas to the third train on Wednesday, according to a Sempra statement. This also marks the final commissioning stage for the first phas
The U.S. Securities and Exchange Commission is closing its investigation into Eni related to its involvement into a license located offshore Nigeria as well as its activities in Congo.
Baker Hughes booked a huge impairment charge in the first quarter of the year resulting in a $10 billion loss for the quarter.
Van Oord has installed the final of the 77 monopile foundations on the Borssele III and IV offshore wind farm in the Dutch North Sea. Van Oord’s installation vessel Aeolus transported the monopile foundations from Sif’s terminal at Maasvlakte 2 in the Port of Rotterdam. The vessel then installed the
State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction capacity in China as part of ongoing North Field expansion projects. QP signed the deal with Hudong-Zhonghua Shipbuilding, a unit of China State Shipbuilding Corporation. The deal potentially worth m
Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea – three years ahead of the original plan.
Offshore drilling contractor Seadrill Limited has named a new member of the company’s board of directors.
The United States energy regulators granted Sempra-led Cameron LNG to start the commissioning process of the third liquefaction train at its export plant in Louisiana. The Federal Energy Regulatory Commission said in an order dated April 21 it allows Cameron LNG to introduce “hazardous fluids and co
Jadestone is further reducing its 2020 capital expenditure guidance due to the collapse of the global crude oil benchmarks and the impact of the coronavirus crisis on global oil demand and potential for prolonged oversupply.
Norwegian oil major Equinor has appointed a new executive vice president of its Exploration division.
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search saw its revenue slip in the first quarter of 2020.
