Court fines Petrofac over bribes to secure contracts
Petrofac has been ordered by a UK court to pay a fine of about $105 million in sentencing related to seven historic bribery offences. The post Court fines Petrofac over bribes to secure contracts...
View ArticleXodus buys Ocean Geo Solutions, extends US footprint
Energy consultancy firm Xodus has acquired data interpretation consultancy Ocean Geo Solutions (OGS) as a part of its global extension plans. The post Xodus buys Ocean Geo Solutions, extends US...
View ArticleShell reopens Olympus after Hurricane Ida
Oil major Shell has restarted output from the Olympus platform located in the U.S. Gulf of Mexico following Hurricane Ida. The post Shell reopens Olympus after Hurricane Ida appeared first on Offshore...
View ArticleLamprell secures loan to help cover costs of building two rigs
UAE-based Lamprell has secured funding to cover the costs for the continuation of the construction of two IMI jack-up rigs. The post Lamprell secures loan to help cover costs of building two rigs...
View ArticleDrydocks kicks off FSO conversion project for Perenco
Drydocks World Dubai has begun operations for converting an Aframax tanker to an FSO unit for Perenco's project located offshore Brazil. The post Drydocks kicks off FSO conversion project for Perenco...
View ArticleActivists block Invergordon rig facility in protest against fossil fuels
Activists from Extinction Rebellion Scotland have blocked an oil rig maintenance facility, demanding a stop to fossil fuels extraction. The post Activists block Invergordon rig facility in protest...
View ArticleWell-Safe Solutions lands another 14-well decommissioning job
Well-Safe Solutions has won another decommissioning contract for its Well-Safe Guardian unit in less than a month. The post Well-Safe Solutions lands another 14-well decommissioning job appeared first...
View ArticleExxonMobil adds one more plant to CCS project plans
U.S. oil major ExxonMobil has increased its participation in the Acorn CCS project in Scotland by signing an Expression of Interest. The post ExxonMobil adds one more plant to CCS project plans...
View ArticleValaris rig bags fresh extension
Offshore drilling contractor Valaris has been awarded an extension to its bareboat charter agreement with ARO Drilling for a jack-up rig. The post Valaris rig bags fresh extension appeared first on...
View ArticleUK regulator rejects Shell’s plan for North Sea gas project
UK petroleum regulator has not approved Shell's proposed plan for an ultra-high pressure/high-temperature gas field in the UK North Sea. The post UK regulator rejects Shell’s plan for North Sea gas...
View ArticleWATCH: Yinson on track with FPSO conversion for Petrobras
Yinson is on track with an FPSO conversion project for a Petrobras project off Brazil with topside module integration currently in progress. The post WATCH: Yinson on track with FPSO conversion for...
View ArticleEquinor books COSL rig to drill up to nine wells
Equinor has awarded COSL Offshore Management a contract to drill on Statfjord Øst field off Norway with the COSLPromoter rig. The post Equinor books COSL rig to drill up to nine wells appeared first on...
View ArticleDamen’s first new fast crew supplier completes sea trials
Damen's first FCS 7011 vessel has successfully finished its sea trials off the Turkish coast and is set to head to the Netherlands. The post Damen’s first new fast crew supplier completes sea trials...
View ArticleStill no decision from Petrobras over Albacora bids despite reports
Brazilian oil and gas company Petrobras has said there is still no decision about the winning proposal for the Albacora field off Brazil. The post Still no decision from Petrobras over Albacora bids...
View ArticleExxonMobil’s resource estimate for Guyana block rises to 10 billion barrels
ExxonMobil has increased its estimate of the discovered recoverable resource for the Stabroek Block off Guyana following its latest discovery. The post ExxonMobil’s resource estimate for Guyana block...
View ArticleLukoil paying $2.25 billion for Shah Deniz stake
Lukoil has concluded an agreement on acquiring an interest in the Shah Deniz gas project in the Caspian Sea from Petronas. The post Lukoil paying $2.25 billion for Shah Deniz stake appeared first on...
View ArticleNo oil for Lundin after drilling in North Sea
Lundin Energy is in the process of concluding the drilling of a wildcat well in the North Sea after encountering disappointing results. The post No oil for Lundin after drilling in North Sea appeared...
View ArticlePetrofac joins forces with Gazprom to boost Russia’s industry expansion
Petrofac has signed a strategic partnership with Gazprom to export and promote the Russian energy industry on the domestic and global markets. The post Petrofac joins forces with Gazprom to boost...
View ArticleGreenpeace seeks to appeal before Supreme Court after losing against BP
Greenpeace will be looking to appeal a decision by a UK court after losing its case against BP over a permit to drill in a North Sea field. The post Greenpeace seeks to appeal before Supreme Court...
View ArticleTurkish drillship gearing up for Black Sea mission – gallery
Turkey's TPAO is preparing its drillship Yavuz for a mission in the Black Sea with the vessel now heading to the Port of Filyos. The post Turkish drillship gearing up for Black Sea mission – gallery...
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