Woodside buys Cairn’s Sangomar stake
Australian energy company Woodside has entered into a binding sale and purchase agreement to acquire Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep...
View ArticleBorr Drilling hit with fresh NYSE listing warning
Offshore drilling contractor Borr Drilling has received its second continued listing standard warning from the New York Stock Exchange (NYSE) in a span of three months. The first one was received last...
View ArticleU.S. weekly offshore rig count up to 15
The number of offshore rigs in the U.S. climbed up by two units over the last week, according to a report by Baker Hughes Company. Baker Hughes Rig Count: U.S. +2 at 256 rigs U.S. Rig Count is up 2...
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Worldwide offshore rig count in August down 74 units year over year
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes. Baker Hughes splits its report into an...
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Avance Gas shuffles management
Norwegian shipping company Avance Gas has made a number of changes to its management. Courtesy of Avance Gas The company said on Monday that Peder Carl Gram Simonsen will step down as interim CEO and...
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Midgley resigns as Mermaid COO
Subsea and drilling services player Mermaid said that Mark Midgley has resigned from his position of chief operating officer. Midgley became COO of Mermaid in January 2018. In his most recent role, he...
View ArticleMMA Offshore scores AHT duo charter extension with Woodside
Australian offshore support vessel company MMA Offshore has secured vessel charter extensions with compatriot Woodside Energy. MMA Offshore said last week that the contracts were for two of the...
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Total relinquishes operatorship of five blocks off Brazil
French oil major Total has opted to resign from its role of operator for five exploration blocks, located in the Foz do Amazonas Basin offshore Brazil. Total said on Monday that the blocks in question...
View ArticleTMC to deliver compressor systems to Yinson’s Anna Nery FPSO
Malaysian FPSO provider Yinson has contracted TMC Compressors to deliver a marine compressed air system to FPSO Anna Nery bound for the Marlim 2 oil field in the Campos Basin offshore Brazil. TMC said...
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OFG buys CSEM capability from PGS
PGS and Ocean Floor Geophysics (OFG) have signed an agreement under which OFG has acquired the exclusive rights to use the hardware, software and intellectual property associated with the PGS towed...
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Chariot boosts Anchois offshore gas field resource estimate by 148pct
Oil and gas exploration company Chariot Oil & Gas has revealed that its Lixus license offshore Morocco, which contains the undeveloped Anchois gas discovery, could potentially hold more gas than...
View ArticleBarrier deficiencies force Equinor to drill fresh Martin Linge wells
Norwegian energy giant Equinor has decided to drill new wells on its operated Martin Linge field, located offshore Norway, due to barrier deficiencies discovered in previous wells. The North Sea...
View ArticleExxonMobil boasts new oil discovery offshore Guyana
Oil major ExxonMobil has made its 18th discovery offshore Guyana at the Redtail-1 exploration well. The Noble Don Taylor drillship started drilling the Redtail exploration well, which is 1.25 miles...
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Western Australia: EPA approves NWS LNG backfill project
Western Australia’s Environmental Protection Authority has recommended Waitsia gas project stage 2 for environmental approval. Indicative image of proposed Waitsia Gas Plant (Courtesy of Mitsui...
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GC Rieber in fleet management deal with OSM
Oslo-listed GC Rieber Shipping and OSM Maritime Group (OSM) have entered into an agreement for fleet management services. Specifically, the deal includes business transfer from GC Rieber to OSM of all...
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Sempra LNG tests interest for Hackberry gas storage project
Sempra LNG, a unit of Sempra Energy, started a non-binding open season to solicit interest for firm natural gas storage service at the proposed Hackberry gas storage project to be located in...
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Petrobras reports excellent productivity from Jupiter test
Oil major Petrobras has completed the drill stem test in the area of the Jupiter discovery, located in the Santos Basin pre-salt offshore Brazil. Petrobras said last week that the Jupiter drill stem...
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Neptune Energy starts drilling Bue well off Norway
Oil and gas company Neptune Energy has started drilling the Bue well on the offshore Fenja field in the Norwegian Sea. To remind, Neptune Energy kicked off its Fenja drilling campaign with the spud of...
View ArticleFormer U.S. Ambassador to Russia rejoins Chevron board
U.S. energy major Chevron has re-elected one of its previous directors to the board of directors and two committees. Chevron said on Tuesday that it re-elected Jon Huntsman Jr. to its board of...
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PGS wraps up seismic campaign offshore Angola
Norwegian seismic player PGS has completed its 2020 acquisition campaign in Angola’s Namibe Basin. The vessel Ramform Sovereign has completed the project offshore Angola using multisensor GeoStreamer...
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