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Equinor to book $1.8 bln impairment as UK field reserves shrink

Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment. The post Equinor to book $1.8 bln impairment as UK field reserves...

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U.S. operator adding 10 offshore supply vessels to fleet

Hornbeck Offshore has inked a deal to acquire ten offshore supply vessels (OSVs) from affiliates of Edison Chouest Offshore. The post U.S. operator adding 10 offshore supply vessels to fleet appeared...

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McDermott and Australia’s science organisation join forces to advance carbon...

McDermott and CSIRO have joined forces to advance carbon capture solutions in a quest to bring the industry closer to a net-zero future. The post McDermott and Australia’s science organisation join...

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Chevron orders key Jansz-Io element worth over $500 million from South Korean...

Chevron has ordered a key element for the development of its Jansz-Io project from a South Korean shipyard. The post Chevron orders key Jansz-Io element worth over $500 million from South Korean...

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Mariner partners disagree with Equinor over reserves downgrade

Siccar Point Energy believes that Equinor, the operator of the Mariner field, has been premature in its reserves downgrade for the field. The post Mariner partners disagree with Equinor over reserves...

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End of an era as OPEC’s Barkindo is preparing for exit

OPEC Secretary General, Mohammad Sanusi Barkindo, is preparing to leave the role at the end of July 2022 following a two-term tenure. The post End of an era as OPEC’s Barkindo is preparing for exit...

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Norway nets record-breaking revenues from oil & gas

In Norway, the combination of high production of oil & gas, significant demand, and high prices led to a historically high level in revenues. The post Norway nets record-breaking revenues from oil...

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SBM Offshore creates new executive role to play top-tier part in energy...

SBM Offshore has created a new management role in a push to become one of the main players in the energy transition. The post SBM Offshore creates new executive role to play top-tier part in energy...

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North Star gets new owner

Private markets firm Partners Group has agreed, on behalf of its clients, to acquire […] The post North Star gets new owner appeared first on Offshore Energy.

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OceanAlpha USV completes subsea pipeline survey for Shell

Malaysian geo-solutions provider HGIS has complete an entirely remote nearshore inspection of a subsea […] The post OceanAlpha USV completes subsea pipeline survey for Shell appeared first on Offshore...

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Petrobras books three Constellation rigs

Brazil’s Constellation Oil Services has been awarded new contracts for three of its rigs by Petrobras in Brazil. The post Petrobras books three Constellation rigs appeared first on Offshore Energy.

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Aquaterra adds new manager to expand its Asia-Pacific footprint following...

Aquaterra Energy has added a new manager to its Asia-Pacific team to pursue further expansion and growth in the region. The post Aquaterra adds new manager to expand its Asia-Pacific footprint...

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Offshore Energy Exhibition & Conference 2022 opens floorplan

We are excited to announce that from now on it is possible to book […] The post Offshore Energy Exhibition & Conference 2022 opens floorplan appeared first on Offshore Energy.

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Norwegian operator criticised over vaccine mandate plans for offshore workers

A Norwegian union representing offshore oil & gas workers has criticised the process to introduce a vaccine mandate. The post Norwegian operator criticised over vaccine mandate plans for offshore...

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Ex-Equinor exec joins Vår Energi

Vår Energi has appointed Equinor’s former VP of Project Management and Control to its executive management team to pursue growth plans. The post Ex-Equinor exec joins Vår Energi appeared first on...

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New Asia Pacific director to propel EnerMech’s diversification strategy and...

EnerMech has appointed a new director for the Asia Pacific region and created a new role within the company in the hopes of fostering growth. The post New Asia Pacific director to propel EnerMech’s...

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Driven by robust offshore oil production, demand for shuttle tankers set to...

Rystad's analysis shows offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35 per cent in this decade. The post Driven by robust offshore oil production, demand for...

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TechnipFMC scores Asgard subsea iEPCI

TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract to deliver […] The post TechnipFMC scores Asgard subsea iEPCI appeared first on Offshore...

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Carnarvon on track with Buffalo drilling ops in Timor Sea

Carnarvon Energy has confirmed the drilling operations at its Buffalo-10 well, located offshore Timor-Leste, are progressing as scheduled. The post Carnarvon on track with Buffalo drilling ops in Timor...

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TotalEnergies adds extra Suriname well to Maersk rig’s backlog

TotalEnergies has decided to exercise its option for one additional well to be drilled by the Maersk Drilling-owned Maersk Valiant rig. The post TotalEnergies adds extra Suriname well to Maersk rig’s...

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