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Orcadian Energy seeking admission to London Stock Exchange

The North Sea-focused oil and gas development firm Orcadian Energy is intending to seek admission of its shares to trading on the AIM market of the London Stock Exchange. The post Orcadian Energy...

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ExxonMobil cheers fresh discovery off Guyana

Oil major ExxonMobil has made a discovery at Longtail-3 in the Stabroek Block offshore Guyana, using the Stena DrillMAX drillship. The post ExxonMobil cheers fresh discovery off Guyana appeared first...

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Tullow Oil seals Dussafu Marin stake sale to Panoro

Oil and gas company Tullow Oil has completed the sale of its Dussafu Marin permit asset in Gabon to Oslo-listed Panoro Energy. The post Tullow Oil seals Dussafu Marin stake sale to Panoro appeared...

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Shell to boldly go and speed up emission cuts as Dutch court ruling bites

Shell has pledged to take some bold but measured steps to accelerate the reduction of carbon emissions after a recent ruling by a Dutch court. The post Shell to boldly go and speed up emission cuts as...

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First Sapinhoá seismic acquisition impending

Seabed Geosolutions is set to begin the first of two seismic acquisitions of the […] The post First Sapinhoá seismic acquisition impending appeared first on Offshore Energy.

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Longboat raises funds for seven wells, reveals farm-in details

Longboat Energy has raised funds for a seven-well drilling programme and revealed the details about its farm-in agreements. The post Longboat raises funds for seven wells, reveals farm-in details...

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McDermott makes another executive change

Offshore engineering and construction specialist McDermott has made another change to its executive team following the departure of its CEO. The post McDermott makes another executive change appeared...

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Havfram gets FPSO mooring job at Greater Tortue Ahmeyim

Havfram has secured a contract with Technip Energies for the pre-installation and hook-up of […] The post Havfram gets FPSO mooring job at Greater Tortue Ahmeyim appeared first on Offshore Energy.

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Neptune to reduce need for offshore trips with virtual reality tech

Neptune Energy has completed a virtual reality pilot on its Gjøa platform, enabling teams to make highly realistic virtual visits. The post Neptune to reduce need for offshore trips with virtual...

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Kosmos Energy adds Wood chairman to its board

U.S. oil and gas company Kosmos Energy has appointed Roy A. Franklin to its board of directors, effective 9 June 2021. The post Kosmos Energy adds Wood chairman to its board appeared first on Offshore...

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Australian wells creating multi-billion opportunity for P&A, Rystad says

Australia is about to see its largest-ever wave of offshore wells that reach the end of their producing life & need to be decommissioned, Rystad says. The post Australian wells creating...

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Serica preparing to bring third Rhum well online

Serica Energy has completed a flow test on the Rhum R3 well in the UK North Sea with plans to start production in the third quarter of 2021. The post Serica preparing to bring third Rhum well online...

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Giant vessel removes Morecambe Bay topsides in less than 90 minutes

Giant heavy lift vessel Pioneering Spirit has executed the single-lift removal of the DP3 gas production topsides from Morecambe Bay. The post Giant vessel removes Morecambe Bay topsides in less than...

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Big money forcing Big Oil into climate change revolution

With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action. The...

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Standard Drilling sheds platform supply vessel

Cyprus-based offshore vessel operator S.D Standard Drilling has entered into a memorandum of agreement (MOA) to sell one of its platform supply vessels. The post Standard Drilling sheds platform supply...

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EnQuest inks new $750 million debt facility to finance Golden Eagle deal

EnQuest has signed a new senior secured borrowing base debt facility to enable refinancing and the acquisition of Golden Eagle. The post EnQuest inks new $750 million debt facility to finance Golden...

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Malaysia: Aker Solutions manager charged over ‘misleading’ Petronas

An Aker Solutions manager in Malaysia has been charged due to allegations that he […] The post Malaysia: Aker Solutions manager charged over ‘misleading’ Petronas appeared first on Offshore Energy.

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Seacor Marine enters agreement to pay off debt

U.S. offshore support vessel provider Seacor Marine has entered into a second amendment and conditional payoff agreement with JPMorgan Chase Bank. The post Seacor Marine enters agreement to pay off...

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James Fisher expands decommissioning capability with new acquisition

James Fisher and Sons has acquired engineering solutions and consultancy firm Subsea Engenuity, extending […] The post James Fisher expands decommissioning capability with new acquisition appeared...

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Lancaster issues swell for Hurricane as well trips and shuts down

In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field. The post Lancaster issues swell for Hurricane as well trips and...

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