U.S. based exploration and production company Talos Energy and Mexican state-owned oil and gas company Pemex have been given 120 days to reach some kind of unification agreement regarding the massive Zama oil field.
Aker BP has received consent from the Petroleum Safety Authority to use the Maersk Invincible rig for operations on the Hod field offshore Norway.
Brazilian oil company Petrobras will be launching a tender for the construction of Brazil’s biggest floating production storage and offloading (FPSO) vessel.
Petrofac has secured an engineering, procurement, construction, pre-commissioning, and commissioning contract in Kazakhstan worth approximately $135 million.
Energy major BP has signed a natural gas supply agreement with ENN Group (ENN).
Houston-based oil and gas company Vaalco Energy has regained compliance with the NYSE continued listing standards following a listing warning from the end of April 2020.
Pale Blue Dot, the lead developer of the Acorn Carbon Capture and Storage (CCS) project, has conducted a corporate restructuring following a strategic investment by multinational independent investment bank and financial services company Macquarie Group.
Norwegian oil major Equinor has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020-2026.
Wintershall Dea last December installed three Xmas trees on its Dvalin gas development, which has now moved from the drilling phase to the completion phase.
Hit by the second industry downturn in five years, global awards for FPSO vessels will likely be limited to a single unit in 2020, Rystad Energy believes.
As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by a report from UK’s classification society Lloyd’s Register (LR).
UK’s well engineering and project management specialist Fraser Well Management (FWM) has launched a new well operatorship division.
U.S. Congressman Frank Pallone Jr. has announced that the House Democrats’ appropriations bill for the fiscal year 2021 would ban offshore drilling in the Atlantic Ocean.
Indonesian upstream regulator SKK Migas has confirmed Shell is in talks to withdraw from Indonesia’s proposed Abadi LNG export project. The Inpex-operated giant Abadi LNG project has seen many changes over the years and initially the development of the Masela offshore block involved a floating LNG p
