Fossil Energy
Enauta keeping Brazilian gas field in its portfolio after all
Enauta will be keeping its interest in a gas field off Brazil as the conditions for the sale of its interest in the field have not been met.
Yinson reveals fresh extension for FPSO in Vietnam
Yinson, through JV PTSC AP, has secured a contract extension for an FPSO, which will continue working offshore Vietnam.
‘Momentous milestone’ for QatarEnergy as contract for North Field expansion goes to McDermott
QatarEnergy has awarded a major EPCI contract for the offshore scope of its North Field Expansion Project to McDermott.
Equinor kicks off drilling operations in Norwegian Sea
Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig.
Petrobras to develop Sergipe-Alagoas fields with two FPSOs
Petrobras has submitted a declaration of commerciality to the country’s authorities for fields in the Sergipe-Alagoas Basin off Brazil.
U.S. offshore rig count flat for two weeks
The number of offshore rigs in the U.S. is stuck at 15 units for the second week in a row, according to Baker Hughes’ weekly rig count report.
Azerbaijan’s oil output drops down considerably from 2020 figures
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.
Happy New Year from Offshore Energy team
Happy New Year from Offshore Energy team
Carnarvon spuds Buffalo well with hopes for economic success to support re-development
A Valaris-owned jack-up drilling rig has started operations at the Buffalo-10 well located in the Timor Sea for Carnarvon Energy.
IOG spuds North Sea well after overcoming technical issues
IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues.
In focus: Working together towards a sustainable future
The energy transition process is moving ahead with each passing day as witnessed in a week behind us with a lot of announcements highlighting the net-zero future. A good example of the will to change comes from CNOOC Petroleum Europe and Flotation Energy, currently involved in a project which would
Equinor cleared to use Odfjell rig for North Sea well
Equinor has received consent from the Norwegian regulator to use the Deepsea Stavanger rig for exploration drilling in the North Sea.
Middle East facing uphill battle to meet net-zero, S&P Global Platts says
S&P Global Platts Analytics expects the Middle East to struggle to reach net-zero targets as emissions from oil & gas are expected to rise.
Petronas forecasts more uncertainty for oil & gas as energy transition takes shape
Petronas is anticipating further uncertainty for oil & gas business as the energy transition sets new challenges and spreads over the sector.