Business & Finance
U.S. player consolidates ownership of Gulf of Mexico assets by increasing its stake
Following the acquisition of the remaining interests, W&T Offshore has successfully consolidated its ownership of the Gulf of Mexico assets.
TGS launches 3D seismic reprocessing project in Malay Basin
TGS has commenced a new 3D reprocessing project offshore Malaysia, the first stage of which will cover a 16,957 square kilometer area, integrating existing 3D seismic data off Peninsular Malaysia. Thirty-six 3D seismic surveys of varying vintages covering a key part of the Malay Basin will be proces
Woodside picks MMA Offshore for support on Scarborough drilling ops
MMA Offshore has secured a deal for one of its platform supply vessels (PSVs) with Woodside, for operations offshore Western Australia.
N-Sea boosts its subsea services offering with new vessel addition
N-Sea Group has entered into an agreement with DOF Subsea Rederi to acquire the multipurpose support vessel Geosea with the aim of strengthening its subsea services. The vessel has been under management by N-Sea on a long-term vessel agreement with DOF Subsea Rederi for the last few years and has wo
Karoon sets its sights on drilling campaign offshore Brazil
Karoon Energy has made a decision to commit to a new drilling campaign within an existing oil discovery offshore Brazil.
SBM Offshore and ExxonMobil firm up FPSO award for Guyana’s fourth oil development
Following the Yellowtail project’s FID, ExxonMobil and SBM Offshore have firmed up a contract for the supply of an FPSO.
U.S. player enters Australian market thanks to Scarborough contract award
ProSep has opened a door into the Australian energy market with the water treatment deal inked for Woodside’s Scarborough project offshore WA.
ExxonMobil sanctions fourth and largest oil development on Guyana’s Stabroek Block
ExxonMobil has sanctioned its fourth and largest to date oil development on its operated Stabroek Block located offshore Guyana,
Borr Drilling secures work for five jack-up rigs
Offshore rig owner Borr Drilling has been awarded new contracts and extensions for five of its jack-up drilling rigs.
BW Offshore inks short-term deal for FPSO off Ivory Coast
While being engaged in talks for a further extension, BW Offshore has secured a short-term one for an FPSO operating off the Ivory Coast.
Denmark uncovers emission reduction potential of North Sea electrification
The Danish Energy Agency has published an analysis of the potential for reducing CO2 emissions from domestic oil and gas extraction by electrifying the platforms in the North Sea.
2014-built hybrid survey vessel joins GEOxyz fleet
Belgium-based geo-data specialist GEOxyz has acquired a new hybrid survey vessel, stating that the move comes as the company focuses on delivering the next generation of geo-data acquisition solutions. GEO OCEAN VI is said to be a green, versatile and multi-disciplined offshore survey vessel, fitted
Industry’s first: Furetank granted green credit guarantee
Furetank has become the first shipping compnay in Sweden to receive a green credit guarantee by the the Swedish Export Credit Agency for financing a vessel of “top-class environmental and climate standard”.
UK player sorting out mechanical issue hindering production from North Sea field
After identifying a mechanical issue on a platform, IOG is experiencing a further delay in fixing the fault to resume production from Blythe.