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ExxonMobil gearing up to spud wildcat well off Brazil

Oil major ExxonMobil is preparing to drill an exploration well in waters offshore Brazil, using Seadrill's West Saturn drillship. The post ExxonMobil gearing up to spud wildcat well off Brazil appeared...

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Premier Oil shareholders sign off on Chrysaor merger

A merger between Premier Oil and Chrysaor has been approved by Premier's shareholders and the deal is expected to close by the end of 1Q 2021. The post Premier Oil shareholders sign off on Chrysaor...

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New CFO for TechnipFMC

TechnipFMC has named Alf Melin as its new executive vice president and chief financial […] The post New CFO for TechnipFMC appeared first on Offshore Energy.

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Spirit Energy hires Maersk rig for North Sea well

Maersk Drilling has been awarded a contract from Spirit Energy for the jack-up rig Maersk Resolve to drill one development well in the UK North Sea. The post Spirit Energy hires Maersk rig for North...

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Verhagen stepping down as Fugro CFO

Netherlands-based Fugro has informed that its chief financial officer (CFO) Paul Verhagen has decided […] The post Verhagen stepping down as Fugro CFO appeared first on Offshore Energy.

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First gas produced from Sillimanite South field

Wintershall Noordzee has started up the production of the D12-B3 well, the Sillimanite South field discovery well located in the Southern North Sea. The post First gas produced from Sillimanite South...

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Norway eyeing deep-sea metal mining future instead of oil

Norway, one of the wealthiest countries in the world due to its oil and gas reserves, is looking to transition to deep-sea mining for copper, zinc, and other metals in high demand in green...

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DNV GL removes GL from its name as it braces for change

Norway-based classification society DNV GL has unveiled a decision to change its name to DNV on 1 March 2021. The post DNV GL removes GL from its name as it braces for change appeared first on Offshore...

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Stena to deploy automated reporting and analytics tech across its fleet

Independent Data Services (IDS) has been awarded a fleet-wide deal with Stena Drilling for the fully integrated online reporting and analytics services. The post Stena to deploy automated reporting and...

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BP plugs and abandons disappointing Ironbark well

Rig working on BP’s Ironbark-1 well offshore Australia has completed the work scope on the well and departed the location of the well earlier this week. The post BP plugs and abandons disappointing...

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Third of oil and gas workers saw wages drop in 2020

According to a worldwide survey, almost one-third of workers in the oil and gas industry faced pay cuts in 2020 due to the coronavirus crisis and drop in fuel demand and prices. The post Third of oil...

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OGA to have ‘blended approach’ for license change requests

The UK Oil and Gas Authority (OGA) has decided to take “a blended approach” to licence management which should dampen the effects of the global Covid-19 pandemic. The post OGA to have ‘blended...

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Total makes fresh discovery offshore Suriname

Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. The post Total makes fresh discovery offshore Suriname...

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BW Energy boosts interest in gas field off Namibia

BW Energy and the National Petroleum Corporation of Namibia (NAMCOR) have signed a farm-in and carry agreement for a block offshore Namibia. The post BW Energy boosts interest in gas field off Namibia...

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Nord Stream 2 pipelaying set to restart. U.S. warns of new sanctions

As Gazprom prepares to continue Nord Stream 2 pipelaying work in Danish waters, the U.S. State Department has again warned European companies of sanctions if they are suspected of helping to build...

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Energean sanctions gas project offshore Israel

Energean has taken a Final Investment Decision on the Karish North gas development, offshore Israel, 21-months after the announcement of the discovery. The post Energean sanctions gas project offshore...

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Pandemic, electrification bring hydrocarbon demand peak forward to 2027

New research has shown that aggregate fossil fuel demand would peak in 2027 with oil peaking in 2029 and gas in 2037, partially due to the impacts of COVID-19. The post Pandemic, electrification bring...

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Lamprell reorganises into three units to focus on energy transition

Lamprell has decided to reorganise into three new business units, Renewables, Digital, and Oil & Gas as part of its efforts to focus on energy transition. The post Lamprell reorganises into three...

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Dayang bags Shell and Mubadala jobs in Malaysia

Malaysian offshore services provider Dayang Enterprise has been awarded contracts from Shell and Mubadala Petroleum in Malaysia. The post Dayang bags Shell and Mubadala jobs in Malaysia appeared first...

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Norway: 2020 was still strong for oil and gas despite pandemic

Despite the ongoing coronavirus pandemic, activity on the Norwegian continental shelf last year remained at a high level with high production and significant investments in developments and projects on...

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