India told to pay Cairn $1.2 billion in tax arbitration case
The Indian government has been ordered to pay oil and gas company Cairn Energy $1.2 billion following an arbitration award in a tax dispute case. The post India told to pay Cairn $1.2 billion in tax...
View ArticleU.S. offshore rig count goes up a notch
The number of offshore rigs in the U.S. increased by one unit over this week, according to a weekly rig count by Baker Hughes. The post U.S. offshore rig count goes up a notch appeared first on...
View ArticleWoodside wraps up Senegal deal with Cairn
Woodside Energy has completed the acquisition of Cairn's entire participating interest in the Senegal offshore joint venture. The post Woodside wraps up Senegal deal with Cairn appeared first on...
View ArticleRystad expects 2021 to bring largest crude deficits in years
The Covid-19 pandemic has devastated crude and condensate demand, creating massive supply surpluses and filling up inventories, according to Rystad. The post Rystad expects 2021 to bring largest crude...
View ArticleNEL Hydrogen to deliver PosHYdon electrolysis system
Norway’s NEL Hydrogen ASA has won the contract to deliver the offshore electrolysis system […] The post NEL Hydrogen to deliver PosHYdon electrolysis system appeared first on Offshore Energy.
View ArticlePetrobras says new oil discovery reinforces pre-salt potential in Búzios
Brazilian oil and gas company Petrobras has made a new oil discovery located in the deepwater Búzios field offshore Brazil. The post Petrobras says new oil discovery reinforces pre-salt potential in...
View ArticleSpirit Energy may face penalty over discharges from North Sea platform
Dutch regulator has ordered Spirit Energy to meet discharge standards on its North Sea offshore platform or face a penalty. The post Spirit Energy may face penalty over discharges from North Sea...
View ArticleGov’t funding for Canada’s offshore oil sector to protect jobs
Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs. The post Gov’t funding for Canada’s offshore oil...
View ArticleShell extends topside maintenance deal with Dayang
Dayang Enterprise Holdings has received a contract extension from Shell for the provision of topside major maintenance services offshore Malaysia. The post Shell extends topside maintenance deal with...
View ArticleMMA Offshore secures two new MPSV jobs
Australian marine and subsea services provider MMA Offshore has secured two new contracts for its multi-purpose support vessel the MMA Privilege. The post MMA Offshore secures two new MPSV jobs...
View ArticleBorr Drilling devises plan to strengthen financial footing
Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing. The post Borr Drilling devises plan to strengthen...
View ArticleBP nears primary target at Ironbark well
BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia. The post BP nears primary target at Ironbark well appeared first on Offshore...
View ArticleU.S. preparing fresh sanctions to halt Russia’s Nord Stream 2
The U.S. is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work. The post U.S. preparing fresh sanctions to halt Russia’s Nord...
View ArticleJumbo installs Karish FPSO mooring system
Offshore transportation and installation contractor Jumbo Offshore has completed mooring work on Energean’s Karish gas field offshore Israel. The post Jumbo installs Karish FPSO mooring system appeared...
View ArticleSantos grabs exploration permit off Australia
Australian energy major Santos has been granted an offshore exploration license in Australia’s Northern Carnarvon Basin. The post Santos grabs exploration permit off Australia appeared first on...
View ArticleBorr Drilling picks new chief financial officer
Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020. The post Borr Drilling picks new chief financial officer appeared first on...
View ArticleRussian pipelayer leaves Nord Stream 2 construction site
The Russian pipe-laying vessel Fortuna has left the Nord Stream 2 gas pipeline construction site in the Baltic Sea which could mean that the 2.6-kilometre pipeline stretch off Germany could be...
View ArticleTalon adds three offshore licenses to UK portfolio
Australia-based Talon Petroleum has been awarded three new exploration licenses in the UK Central North Sea (UKCS). The post Talon adds three offshore licenses to UK portfolio appeared first on...
View ArticleKrisEnergy starts up Cambodia’s first offshore oil field
KrisEnergy started producing oil from Cambodia’s first oil field in the offshore Cambodia Block A concession on 28 December 2020. The post KrisEnergy starts up Cambodia’s first offshore oil field...
View ArticleShell completes buy of three blocks off Colombia
Oil major Shell has completed a 50 per cent stake acquisition in three Colombian deepwater oil and gas blocks from Ecopetrol. The post Shell completes buy of three blocks off Colombia appeared first on...
View Article