Italian oil major Eni has extended the charter of KNOT Offshore Partners’ shuttle tanker Torill Knutsen.
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation contract by Woodside for the development of the Lambert Deep and Phase 3 of the Greater Western Flank fields, offshore Australia.
With the reality that Brent oil prices are scratching closer and closer to $20 per barrel, shut-ins are already happening around the world. Even if prices reach this threshold, the UK will avoid shut-ins and exploration is likely to continue in 2020.
The agreement of the members of OPEC and its allies to cut oil production by 9.7 million barrels of crude per day is not believed to be enough to offset the massive demand drop and will certainly have dire implications for the oil tanker shipping market. “The first quarter of 2020 has been one of [&
Giant oilfield services provider Halliburton booked a $1 billion loss in the first quarter of this year compared to a profit in the same period of 2019
Two giant pipelay vessels owned by offshore contractor Allseas are now, for the first time ever, both in Rotterdam, the Netherlands.
Norwegian oil and gas company Vår Energi has named Bjørn Thore Ribesen as its vice president Field Development & Projects.
Dutch energy infrastructure company Gasunie has joined the PosHYdon pilot, a project that aims to integrate three energy systems in the Dutch North Sea: offshore wind, offshore gas, and offshore hydrogen. The PosHYdon pilot is an initiative of Nexstep, the Dutch association for decommissioning and r
Beach Energy has terminated a drilling contract with Diamond Offshore for the Ocean Onyx drilling rig.
Norwegian authorities have granted consent to operator Equinor for a 10-year lifetime extension for the Troll B platform located in the North Sea.
Schlumberger took an $8.5 billion charge in the first quarter of the year rocked by the low oil price environment and the coronavirus pandemic.
Norwegian oil and gas company Aker BP has made changes to its executive management team as a result of reduced activity and the subsequent need for organizational adjustments.
Norwegian oil production during March 2020 fell below predictions made by the Norwegian Petroleum Directorate (NPD), according to the directorate’s report on Friday.
Canadian oil and gas company Zenith Energy has renegotiated the terms for the acquisition Anglo African Oil & Gas’ subsidiary which is the operator of the Tilapia oilfield in the Republic of the Congo.
