CCS market to reach $7 bln by 2028 bolstered by increased investments,...
Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives. The post CCS market to reach $7 bln by 2028 bolstered by...
View ArticleBorr firms up deal to defer $1.4 bln of debt maturities to reap benefits from...
Borr has reached agreements in principle with creditors to defer $1.4 bln debt maturities to benefit from market recovery. The post Borr firms up deal to defer $1.4 bln of debt maturities to reap...
View ArticleShelf Drilling bags fresh extensions with Chevron for ops in Gulf of Thailand
Shelf Drilling has secured long-term contract extensions with Chevron for two jack-up rigs for operations in the Gulf of Thailand. The post Shelf Drilling bags fresh extensions with Chevron for ops in...
View ArticleBorr ponders equity offering of $30 million to bring its refinancing strategy...
Borr Drilling is contemplating an equity offering of $30 million in its quest to successfully complete its refinancing plan. The post Borr ponders equity offering of $30 million to bring its...
View ArticleGulf of Mexico ‘critical part of global energy story’ for Talos CEO
Talos’s CEO portrays the Gulf of Mexico and Gulf Coast as a 'critical part of the global energy story' due to multiple hydrocarbon resources. The post Gulf of Mexico ‘critical part of global energy...
View ArticleCGX Energy moving forward with demobilisation activities off Guyana
CGX will continue with the demobilisation of exploration drilling off Guyana, according to the Guyanese Maritime Administration Department. The post CGX Energy moving forward with demobilisation...
View ArticleBorr gets closer to refinancing following successful equity offering of $30...
Borr Drilling has completed an equity offering of $30 million, which has brought it closer to implementing its refinancing strategy. The post Borr gets closer to refinancing following successful equity...
View ArticleHavila inks vessel deal for operations in Tunisia
Havila Shipping has secured a new contract for one of its platform supply vessels with Amilcar Petroleum for operations in Tunisia. The post Havila inks vessel deal for operations in Tunisia appeared...
View ArticleShell ordered to halt seismic survey off South Africa
On Tuesday, the Grahamstown High Court in Makhanda ordered Shell to immediately halt seismic survey activities along South Africa's Wild Coast. Also, Shell and the Minister of Mineral Resources and...
View ArticleAker BP secures drilling permit for North Sea well trio
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway. The post Aker BP secures drilling permit for North Sea well trio...
View ArticleAustralian regulator assessing Pilot’s proposed sale of interest in Perth...
NOPTA is assessing the sale agreement between Pilot and Triangle for the offshore Perth Basin exploration permit WA-481-P. The post Australian regulator assessing Pilot’s proposed sale of interest in...
View ArticleIOG frustrated over another delay in spudding North Sea well
IOG is frustrated over further delay in spudding the first development well on the Southwark field in the UK North Sea. The post IOG frustrated over another delay in spudding North Sea well appeared...
View ArticleOffshore regulator finds maintenance management issues on KCA Deutag rig
Offshore regulator has issued an order to KCA Deutag following the discovery of five nonconformities during an audit of the Askepott rig. The post Offshore regulator finds maintenance management issues...
View ArticleTDI-Brooks wraps up geotechnical survey at Shenandoah field
Offshore survey firm TDI-Brooks has completed a geotechnical site investigation for Beacon Exploration & Production (BOE) in the deepwater Gulf of Mexico. The post TDI-Brooks wraps up geotechnical...
View ArticleRockhopper in high hopes after Italy’s arbitration objections get rejected again
Rockhopper Exploration remains hopeful about the resolution of its arbitration against Italy over the Ombrina Mare field in the Adriatic Sea. The post Rockhopper in high hopes after Italy’s arbitration...
View ArticleJan De Nul lands its biggest cable deal for $3.6bln Middle Eastern project
Jan De Nul and Samsung C&T consortium has secured a contract, regarded as the biggest cable installation contract in Jan De Nul's history, to deliver an HVDC cable and convertors package for the...
View ArticlePetrobras submits revised development plan for Brazilian field
Petrobras and its partners have submitted a revised Tupi and Iracema development plan in a bid to increase the recovery of hydrocarbons. The post Petrobras submits revised development plan for...
View ArticleWestern Gas gearing up to drill Australian well as environment plan gets...
Western Gas has secured the regulator’s acceptance of its environment plan to manage drilling activities for the Sasanof-1 exploration well. The post Western Gas gearing up to drill Australian well as...
View ArticleSoutheast Asia’s oil & gas output unlikely to exceed 5 million boepd, Rystad...
Rystad forecasts that Southeast Asia’s oil and gas output is unlikely to rise above 5 million barrels of oil equivalent per day (boepd). The post Southeast Asia’s oil & gas output unlikely to...
View ArticleVedanta’s Cairn adds ex-BP exec as COO to drive innovation and foster growth
Cairn has appointed a former executive of BP as a COO in its quest to drive innovation and foster growth to double India’s crude production. The post Vedanta’s Cairn adds ex-BP exec as COO to drive...
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