Equinor has extended the charter for a Floatel International-owned accommodation rig for operations on a field offshore Norway.
UK’s offshore unions have launched a campaign to protect the jobs in the oil and gas sector and secure its future, calling for a halt to the “carnage” of jobs.
A partnership consisting of Portugal’s Mota-Engil and Besix of Belgium has secured a contract for the Total-led $20 billion Mozambique LNG export project. Under the deal, the 50/50 partnership will build a pier bridge and an offloading facility for about $365 million, according to a Mota-Engil state
The International Monetary Fund (IMF) and the Government of Gabon have reached an agreement for a $147 million facility to help the country address the challenges that have arisen due to the global COVID-19 pandemic and oil price crash.
Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the spud of the first well.
OKEA sank deeper into the red in the first quarter of the year affected by lower oil and gas prices and sales volumes resulting in impairments of over $60 million.
The negative effects of the global recession caused by the public health crisis did not substantially impact Petrobras’ production and sales performance in the first quarter, according to the Brazilian oil company’s production and sales report.
BW Offshore has signed an agreement with Petrobras for an extension for the lease and operation of BW Cidade de São Vicente.
BP reported a significant decline in its quarterly profit due to lower prices and the destruction of oil demand by the coronavirus crisis.
Due to the coronavirus pandemic, Hurricane Energy has received an extension of a deadline to plug and abandon the Lincoln Crestal well off the UK, which will allow it to gather more data and further insight into the reservoir behaviour.
Dolphin Drilling will carry out a programme of North Sea drilling work for Wellesley Petroleum.
The tanker market has never been so strong, according to Herbjørn Hansson Chairman & CEO of Nordic American Tankers (NAT). The company, which owns and operates Suezmax tankers, is cashing in on the market bonanza and unprecedented demand for floating storage. Namely, big oil companies the likes of E
Petronas has refuted allegations in news reports stating the company has deactivated 14 rigs and shut down 14 projects.
The last two modules for Equinor’s Johan Castberg FPSO turret mooring system have sailed away from Dubai to Singapore.
