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Offshore watchdog clears drilling ops for Equinor and ConocoPhillips
The Petroleum Safety Authority (PSA), Norway’s offshore safety regulator, has approved two offshore drilling projects – one for Equinor and one for ConocoPhillips. Namely, the PSA said on Wednesday...
View ArticleArmed pirates kidnap crew members from BW Offshore’s FPSO
A group of armed men attacked the FPSO Sendje Berge some 30 nautical miles southwest from Bonny Island, earlier today, kidnapping some of its crew members. The news first emerged on the website of the...
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US floating LNG export project struggling to lock in buyers
Delfin LNG, the company behind the floating export development in the Gulf of Mexico, is struggling to secure offtake deals for its 13 mtpa project. Image: Delfin Midstream The unit of Delfin...
View ArticleRenewable energy investments swelling, oil & gas giants’ energy transition...
Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030,...
View ArticleU.S. offshore rig count climbs to 12 units
The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a report by Baker Hughes Company. The Baker Hughes rig count was announced on Thursday, a day early this...
View ArticleTransocean hired to drill on Shenandoah project in Gulf of Mexico
Transocean has been awarded a contract for drilling and completion services on the LLOG-operated Shenandoah project in deepwater of the Gulf of Mexico. LLOG operates the Shenandoah discovery since...
View ArticleBorr Drilling wins back compliance with NYSE listing standard
Offshore drilling contractor Borr Drilling has regained compliance with the New York Stock Exchange (NYSE) continued listing standard. Borr received a written notice from the NYSE about its...
View ArticleYinson settles cancelled $1B FPSO deal for Ca Rong Do field off Vietnam
Malaysian FPSO provider Yinson has executed a final settlement with PetroVietnam regarding last year’s termination of the $1 billion FPSO charter contract. The PTSC CRD joint venture, consisting of...
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Jadestone starts arbitration against Inpex over Vietnam deal
Jadestone Energy has started arbitration proceedings against Teikoku, a subsidiary of Inpex, related to Jadestone’s acquisition of an interest in Block 05-1 PSC, offshore Vietnam. Block 05-1 PSC,...
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COSL president and CEO resigns
President and chief executive officer (CEO) of offshore drilling contractor China Oilfield Services Limited (COSL) has submitted his resignation to the company’s board of directors. Cao Shujie;...
View ArticleEni to pay $185 million to Transocean after settling drillship dispute
Offshore drilling contractor Transocean and Italian oil company Eni have reached an agreement in a dispute related to a contract for the Deepwater Pathfinder drillship. Under the agreement, Eni will...
View ArticleTrelleborg unveils interactive environment online tool
Trelleborg’s offshore operation has developed the Mimir Offshore Interactive Environment, part of Mimir Digital Intelligence, the hub for current and future digital solutions. The 3D tool showcases...
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COSL Drilling eyes new North Sea contract for semi-sub rig
COSL Drilling Europe has signed a letter of intent for the use of COSLInnovator rig on the Norwegian Continental Shelf, starting early next year, after being kept ready for operations over a longer...
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OOS International expands with offshore design company buy
Dutch offshore services provider OOS International has expanded its portfolio with the acquisition of Leenaars Marine & Offshore Design (LMO). LMO is a company with around 600 designs including...
View ArticleNeptune Energy strikes pay at Dugong well
Oil and gas exploration firm Neptune Energy has hit hydrocarbons at the Dugong well in the Norwegian sector of the North Sea. Neptune Energy said that logs and cuttings identified hydrocarbons upon...
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Hurricane Energy chief operations officer passes away
Chief operations officer (COO) and executive director of London-listed oil explorer Hurricane Energy has passed away. The late Neil Platt; Source: Hurricane Hurricane Energy said on Monday that its...
View ArticleByron Energy installs Gulf of Mexico platform
Oil and gas company Byron Energy has completed the installation of the SM58 G platform in the Gulf of Mexico. Byron said on Monday that the installation of jacket and decks comprising the platform was...
View ArticleDenmark OKs ships with anchors to lay Nord Stream 2
The Danish Energy Agency has approved the use of pipelaying vessels with anchors for the construction of the Nord Stream 2 pipelines. On 5 June 2020, Nord Stream 2 AG submitted a request to use...
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Woodside getting ready for exploration well offshore Australia
Woodside is preparing to drill an exploration well offshore Australia and its environment plan for the Gemtree-A well is now under assessment with the Australian regulator. WA-49-L-Gemtree map;...
View ArticleArdmore turns down Hafnia’s acquisition proposal
Tanker owner and operator Ardmore Shipping Corporation has declined an acquisition proposal from Hafnia Limited, saying that the offer substantially undervalued Ardmore. Established ten years ago,...
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