Wintershall Dea sets net-zero goals for upstream ops
German oil and gas company Wintershall Dea has set a goal to achieve net-zero upstream activities by 2030 and ensure there is a mix of renewable and low-carbon energy to tackle the world’s climate...
View ArticleU.S. gov’t launches funding opportunity to drive safety performance in...
The U.S. government has launched a new collaboration for improved safety and environmental stewardship in offshore energy exploration and production operations, including offshore oil and gas, wind,...
View ArticleClik here to view.
Deltic Energy seeking partners to mature North Sea prospects towards drilling
UK oil and gas company Deltic Energy, formerly known as Cluff Natural Resources, has identified three prospects within its Southern North Sea licence and is seeking partners to help de-risk them ahead...
View ArticleW&T Offshore bags two shallow-water blocks in Gulf of Mexico round
U.S. oil and gas company W&T Offshore was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held by the Bureau of Ocean Energy Management (BOEM) on 18 November 2020....
View ArticleBeach taps DOF Subsea for Otway work
ASX listed Beach Energy has awarded DOF Subsea Australia the Otway offshore gas project phase 4 contract. The contract consists of subsea installation works in a tie-back program. The award includes...
View ArticleUnplanned outage to push EnQuest output below guidance
UK oil and gas company EnQuest expects its production for the year to be below its guidance range due to an incident and a resulting unplanned outage in Malaysia. According to an update on Tuesday,...
View ArticleRisk and barrier management issues found on Equinor FPSO
Following an audit, Norway’s offshore safety agency has found irregularities related to risk and barrier management on the Equinor’s Norne FPSO located in the Norwegian Sea. The Petroleum Safety...
View ArticleBiden’s energy transition might not run so smoothly after all
Following President Trump’s effective surrender of his three-week protest of the election results on Monday by submitting to the government's official transition to the incoming Joe Biden...
View ArticleNeptune Energy elects new MD for Egypt
Oil and gas company Neptune Energy has appointed Mohamed Mounes Shahat to take on the role of Egypt Managing Director, based in Cairo, starting December 2020. Mounes joins Neptune from Egypt’s...
View ArticleNorth Sea reservoir confirmed suitable for CO2 storage
A Danish North Sea reservoir and infrastructure have been determined suitable for geological CO2 storage, as part of the Project Greensand with Wintershall Dea, Ineos, and Maersk Drilling as its...
View ArticleTullow plans to generate $7 billion cash flow over 10 years with focus on...
Oil and gas company Tullow Oil has decided to focus on its West African producing portfolio as part of its new strategy and plan to generate c. $7 billion of operating cash flow over the next 10...
View ArticleApache employs Rem PSVs in North Sea
Norwegian shipping company Rem Offshore has been awarded a contract and extension for its platform supply vessels (PSVs) from Apache in the UK North Sea. Rem Offshore said on Tuesday that its PSV Rem...
View ArticleClik here to view.
KrisEnergy unit dodges winding-up petition after settlement with Rubicon
Singapore’s independent oil and gas company KrisEnergy and floater provider Rubicon Offshore have settled a contractual dispute that saves KrisEnergy’s Thai subsidiary from being wound up. As part of...
View ArticleSaipem hired for FEED services on Ichthys LNG
Italian oilfield services provider Saipem has confirmed a contract award to conduct booster compression module (BCM) front end engineering and design (FEED) services for the Inpex-operated Ichthys LNG...
View ArticleClik here to view.
Shearwater lands Petrobras OBN 4D survey
Seismic exploration company Shearwater GeoServices has secured a contract from Petrobras for a large ocean bottom node (OBN) 4D baseline survey over the Jubarte field in the Campos Basin offshore...
View ArticleOil price hits highest levels since March over vaccine hopes
Brent crude oil prices reached highest levels since March as news of another promising coronavirus vaccine raised hopes of a quicker recovery in oil demand, while U.S. President-elect Joe Biden...
View ArticleJersey gains full control of North Sea asset with CIECO V&C buy
North Sea-focused Jersey Oil & Gas (JOG) has entered into a conditional sale and purchase agreement (SPA) to acquire the entire issued share capital of CIECO V&C, which will give it full...
View ArticleUN gets green light to inspect the decaying supertanker FSO Safer in Yemen
The United Nations has received official approval from the Houthi authorities in Yemen to carry out the planned expert mission to the decaying FSO Safer oil tanker, which poses a danger of massive oil...
View ArticleClik here to view.
NBO delivers first domestic deep-water umbilical project in China
Ningbo Orient Cable (NBO) has completed the delivery of the LH 29-2 deep-sea SPS umbilical project for China National Offshore Oil Corporation (CNOOC). This is the first deep-water static umbilical...
View ArticleClik here to view.
BP and Ithaca produce first oil from North Sea project
Partners BP and Ithaca Energy have started production from the Vorlich development, located in the UK North Sea. The project was the target of environmental protests back in 2019. Ithaca’s FPF-1...
View Article