Oil and gas company Aker Energy is looking to revive its Pecan field development offshore Ghana, after terminating its agreement with Yinson for the provision of an FPSO for the project.
The worldwide offshore rig count in May 2020 dropped 54 rigs year-over-year and 37 rigs sequentially, according to rig count reports by Baker Hughes.
Oil and gas company Apache has implemented digital inspection technology to reduce offshore inspection hours on its Beryl Alpha Platform.
Mexico’s Grupo R has received an early termination of a drilling contract with Hokchi Energy due to the current market situation.
Oil and gas company Premier Oil has agreed revised terms for the acquisitions of the Andrew Area and Shearwater assets from British oil major BP.
A wholly-owned subsidiary of Singapore’s offshore rig builder Sembcorp Marine has entered into a revolving facility agreement for up to $500 million with Standard Chartered Bank.
Oilfield services company Wood has pledged to reduce its greenhouse gas emissions by 40 per cent by 2030.
U.S. offshore support vessel provider Seacor Marine has, through a wholly-owned subsidiary, entered into a definitive sale and purchase agreement to acquire the remaining 50 per cent of the equity interests in SEACOSCO Offshore, that it did not already own from COSCO Shipping.
Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will focus mainly on renewable energy named “En
Gulf of Mexico operators are removing workers from its offshore assets and ramping down production due to an incoming tropical storm.
Eidesvik Offshore has been awarded a four-month extension to the current time charter party for the platform supply vessel MV Viking Lady with Aker BP.
A court in Brazil has accepted a money laundering and corruption complaint against a former Sembcorp Marine employee as part of the widespread Brazilian Car Wash probe.
Shell and Cluff Natural Resources remain committed to drilling the Pensacola and Selene prospects, located off the UK, despite the coronavirus pandemic.
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known as the Rowan Norway.
