Svitzer, a global towage operator and part of Maersk, has secured a five-year extension of its marine service contract with NuStar, one of the largest liquid terminals and pipeline operators in North America. The company will support NuStar’s Point Tupper Oil Storage facility with three tugs on time
McDermott has been awarded a sizeable contract by BHP to provide pre-FEED services for a floating production unit (FPU) that will be installed at the Trion field offshore Mexico.
Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Shell in Brunei.
Oil and gas company Tower Resources has delayed the completion date for its Thali PSC farm-out over coronavirus pandemic but still hopes to start drilling the Njom-3 well before mid-September.
The charter agreement and services agreement for the BW Offshore-owned FPSO Cidade de São Mateus with Brazilian oil major Petrobras has ended.
Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.
Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside’s entry into the Sangomar project, located offshore Senegal.
The Equinor-operated Johan Sverdrup field in the North Sea is expected to reach plateau production for the first phase in early May, earlier than anticipated.
Following successful offshore drilling campaigns, oil and gas company Spirit Energy has boosted production from two North Sea fields.
Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a new bareboat charter contract with the Foinaven operator, a subsidiary of BP, for the Petrojarl Foinaven FPSO.
Cairn Energy has made significant reductions and deferrals regarding its 2020 program, representing an overall 23 percent reduction in capital expenditure for the year.
Sharp oil price drop and the global coronavirus pandemic have pushed Norwegian seismic survey company EMGS to operate in a low-cost setup to preserve sufficient liquidity.
Hurricane Energy has confirmed that a crew member on the Aoka Mizu FPSO at the Lancaster field has been evacuated to the mainland for medical reasons and subsequently tested positive for COVID-19.
Valaris has received contract terminations for two rigs operating offshore Angola, one from Total and the other one from Chevron, but has also secured revenue backlog of $100 million.
