Brazilian oil and gas giant Petrobras has started decommissioning the P-12 platform in the Campos Basin offshore Brazil.
PSE Kinsale Energy has ceased its gas production at the Kinsale area gas fields in the Celtic Sea after 42 years of production.
Equinor has discovered gas and condensate in an exploration well 30/2-5 S Atlantis, which is located near the Kvitebjørn field in the North Sea.
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century.
U.S. offshore support vessel provider Seacor Marine has completed the acquisition of the remaining 50 per cent of the equity interests in SEACOSCO Offshore from COSCO Shipping.
Malaysian offshore support vessel provider Icon Offshore has confirmed it is in the process of negotiating the acquisition of Perisai Petroleum Teknologi’s jack-up drilling rig.
Knutsen NYK Offshore Tankers AS (KNOT), a joint venture between Japanese shipping major NYK and Norway’s TS Shipping Invest (TSSI), has concluded a first long-term time charter contract for a shuttle tanker with Petro China International (America).
Marine engineering specialists TSG Marine is working on a molecular technology to support the offshore energy sector on its exit out of the COVID-19 crisis.
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.
Equinor has signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development in Norway, following its work on phase 1.
Malaysian FPSO provider Yinson has revealed the amount of the settlement with PetroVietnam regarding the 2019 termination of a $1 billion FPSO charter contract.
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago, Ardmore owns and operates a fleet of MR product and chemical tankers ranging from 25,000 to 50,000 dead
Woodside is preparing to drill an exploration well offshore Australia and its environment plan for the Gemtree-A well is now under assessment with the Australian regulator.
The Danish Energy Agency has approved the use of pipelaying vessels with anchors for the construction of the Nord Stream 2 pipelines. On 5 June 2020, Nord Stream 2 AG submitted a request to use pipelayers with anchors for the construction. Previously, the agency approved only the DP pipelaying vesse
