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Oil & Gas

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Gyda platform;
Oil & Gas

Archer picked as sole provider of downhole services on Gyda P&A campaign

Archer has been awarded the fishing, milling & wellbore cleaning services for Repsol Norge on the Gyda platform located offshore Norway.

about 6 years ago
Australian coast; Image used with permission from Tourism Australia
Oil & Gas

NZOG looking to acquire assets in Australia and New Zealand

New Zealand Oil & Gas (NZOG) is looking to increase its portfolio through the acquisition of producing assets, developing projects, and exploration prospects.

about 6 years ago
Sapura Energy
Oil & Gas

Sapura Energy bags nearly $180 million in new deals

Sapura Energy has been awarded several new contracts for its Engineering and Construction division, with a combined value of approximately $179.7 million.

about 6 years ago
Location of WA-499-P permit; Source: Santos
Oil & Gas

Offshore regulator clears Santos’ plan for drilling location survey

National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Santos’ plan for a geophysical survey in preparation for the proposed Yoorn-1 drilling offshore Australia.

about 6 years ago
MOPU Ingenium; Source: KrisEnergy
Oil & Gas

KrisEnergy suspends Wassana oil field, cuts quarter of Thai workforce

Singapore’s independent oil and gas company KrisEnergy has decided to suspend operations on the Wassana oil field and reduce its workforce in Thailand.

about 6 years ago
Artist render of the newbuild; Source: Wagenborg
Oil & Gas

Companies team up to build world’s first shallow draft ice-breaking W2W vessel

Royal Niestern Sander shipyard and a joint-venture between Mercury Sakhalin and Pola have signed an agreement for the construction of the world’s first shallow draft ice-breaking walk to work vessel.

about 6 years ago
COSL Pioneer; Source: COSL Drilling Europe
Oil & Gas

COSL, Equinor ink new master framework agreement

COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil major.

about 6 years ago
Aker BP's Valhall field; Source: Aker BP
Oil & Gas

Aker BP looking to decrease carbon footprint with new tech deal

Norwegian oil and gas company Aker BP has signed an agreement with compatriot maritime tech company Yxney Maritime for a software solution which would assist with offshore carbon emission cuts.

about 6 years ago
Gunvor trading volumes pushed by LNG
Oil & Gas

Gunvor trading volumes pushed by LNG

Geneva-headquartered commodities trading house Gunvor reported a rise in trading volumes for the year 2019.

about 6 years ago
Audacia; Source: Allseas
Oil & Gas

Allseas starts operations on first-ever gig in China

Offshore oil and gas installation, construction, and decommissioning specialist Allseas has started work on the Lingshui 17-2 gas field development offshore China.

about 6 years ago
West Bollsta; Source: ALP Maritime
Oil & Gas

More improvement needed before West Bollsta rig gets compliance award

Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found one improvement point regarding an application for the Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig.

about 6 years ago
FPSO Ichthys Venturer moored
Oil & Gas

More oil and gas assets up for grabs due to Covid-19, Rystad says

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion barrels of liquids and 7.5 billion barrels of oil equivalent (boe) of natural gas, Rystad Energy estimates.

about 6 years ago
Location of Block 29/11; Source: Empyrean
Oil & Gas

CNOOC grants extension to Empyrean for Chinese block exploration

Oil and gas development company Empyrean Energy has been granted a twelve-month extension for the first phase of the exploration period on Block 29/11, offshore China.

about 6 years ago
Siemens SGT-300 gas turbine
Oil & Gas

Siemens to power Petronas gas field development off Malaysia

Siemens Gas and Power said it has won a contract to supply equipment for the Petronas-operated Kasawari gas field development in the South China Sea, offshore Sarawak in Malaysia. Under the deal, the unit of German industrial conglomerate Siemens will provide three SGT-300 industrial gas turbine gen

about 6 years ago
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