Neptune Energy has decided to reshape the size of its global organisation due to the combined impact of the COVID-19 pandemic and the anticipation of lower commodity prices for a longer period of time.
Russian oil and gas company Lukoil has started drilling of an exploration well at the Shirotno-Rakushechnaya prospect, located to the north of the V.I. Grayfer field in the Caspian Sea.
Heerema Marine Contractors has been awarded a contract by HSM Offshore for the transportation and installation of Dana Petroleum’s P11-Unity platform.
U.S.-based oil and gas company Talos Energy has executed a definitive agreement to acquire selected U.S. Gulf of Mexico assets from an affiliate of Castex Energy.
Allseas’ heavy lift vessel Pioneering Spirit has completed its first decommissioning job of this summer, the single-lift removal of Shell’s Brent Alpha platform from the North Sea.
The Norwegian Petroleum Directorate has granted Spirit Energy a drilling permit for a wildcat well in the North Sea offshore Norway.
A remotely operated aerial vehicle (ROAV) inspection and survey company Cyberhawk has secured a five-year, multimillion-dollar software contract with oil major Shell.
Husky Energy has reported an unauthorized discharge from the SeaRose FPSO, located on the White Rose field off Canada, to the Canadian offshore regulator.
Atteris has secured GB Energy contract for subsea front-end engineering design for the Golden Beach gas field. The field is located within the Australia’s Gippsland Basin, approximately three kilometres offshore from the Ninety Mile Beach in Eastern Victoria. The engineering and design work includes
The number of offshore rigs in the U.S. dropped by two units over the last week, according to a weekly report published last Friday by Baker Hughes Company.
Norwegian oil production has been above predictions made by the Norwegian Petroleum Directorate (NPD) for the second month in a row.
OPEC’s Joint Ministerial Monitoring Committee (JMMC) has made assurances of achieving 100 per cent conformity from all participating countries during the next three months.
Equinor has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in the North Sea using the Deepsea Atlantic rig.
The Covid-19-caused downturn is set to cause a 25 per cent yearly drop in global demand for oilfield services (OFS), a Rystad Energy analysis shows.
