Shell to write down oil and gas assets value by as much as $4.5 billion
Oil major Shell said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook. The post Shell to...
View ArticleEni to operate one of Abu Dhabi’s largest offshore exploration concessions
Eni has signed a concession agreement for the acquisition of a 70% stake in a block off Abu Dhabi, leading a consortium including Thailand’s PTTEP. The post Eni to operate one of Abu Dhabi’s largest...
View ArticleConocoPhillips makes ‘significant’ oil discovery off Norway
ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea. The post ConocoPhillips makes ‘significant’ oil...
View ArticleEquinor and partners to improve North Sea field recovery with $345 million...
Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent. The post Equinor and partners to improve North Sea...
View ArticleAqualisBraemar acquires LOC Group
AqualisBraemar has acquired 100 per cent of the shares in LOC Group with the […] The post AqualisBraemar acquires LOC Group appeared first on Offshore Energy.
View ArticleVaalco to move forward with Gabon acquisition
Vaalco Energy is moving forward with its acquisition of Sasol’s working interest in the Etame Marin block located offshore Gabon. The post Vaalco to move forward with Gabon acquisition appeared first...
View ArticleOil & Gas UK adds three board members as sector pushes to meet net-zero target
Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets. The post Oil & Gas UK adds three board members as sector...
View ArticleOceaneering kit for OneSubsea 20K SPS in Gulf of Mexico
Oceaneering has won a contract from OneSubsea, a Schlumberger company, for the supply of […] The post Oceaneering kit for OneSubsea 20K SPS in Gulf of Mexico appeared first on Offshore Energy.
View ArticleHusky-Cenovus merger gets all key regulatory approvals
Cenovus Energy and Husky Energy have obtained all of the key regulatory approvals required in connection with the combination of the two companies. The post Husky-Cenovus merger gets all key regulatory...
View ArticlePetroRio buys semi-submersible rig for one dollar
PetroRio has bought a semi-submersible drilling rig for a symbolic price of $1. The rig will be used for well interventions and completions. The post PetroRio buys semi-submersible rig for one dollar...
View ArticleEdison Chouest boasts long-term gig for PSV with battery system
Edison Chouest Offshore has executed the first long-term contract with an oil and gas company to install a battery-on-board system on a PSV. The post Edison Chouest boasts long-term gig for PSV with...
View ArticleLiuhua 29-2 umbilical all set for installation
The Liuhua 29-2 deep-sea SPS umbilical is ready for installation, following the recent delivery […] The post Liuhua 29-2 umbilical all set for installation appeared first on Offshore Energy.
View ArticleMODEC develops new offshore repair method for FPSO hulls
MODEC in December 2020 obtained approval by ABS for the new offshore repair method for hull structures of FPSOs as an original standard repair method. The post MODEC develops new offshore repair method...
View ArticleEni enters new alliance to work on key sectors of energy transition
Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition. The post Eni enters new alliance to work on key sectors of...
View ArticleNWS partners execute third-party gas deals
The Woodside-led North West Shelf (NWS) project has executed fully-termed gas processing agreements (GPAs) for processing third-party gas. The post NWS partners execute third-party gas deals appeared...
View ArticleEMGS firms up Gulf of Mexico deal
Norwegian firm Electromagnetic Geoservices (EMGS) has officially signed a new contract for a project […] The post EMGS firms up Gulf of Mexico deal appeared first on Offshore Energy.
View ArticleNorwegian court’s ruling in favour of Arctic drilling sparks outrage
Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people's right to a healthy environment by...
View ArticleHeerema’s Thialf removes Sable facilities for ExxonMobil
Heerema’s Thialf vessel completed the eight-month-long campaign to remove the Sable Project’s offshore facilities on behalf of ExxonMobil in Canada. The post Heerema’s Thialf removes Sable facilities...
View ArticleBest Wishes from Offshore Energy!
Best Wishes from Offshore Energy! The post Best Wishes from Offshore Energy! appeared first on Offshore Energy.
View ArticleNord Stream 2 to start laying pipes in Danish waters in January
Russia's Nord Stream 2 gas project is expected to start laying pipes for the gas pipeline in Danish waters in January 2021. The post Nord Stream 2 to start laying pipes in Danish waters in January...
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