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Wintershall Dea curbs Dvalin gas flows over mercury issues

Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow. The post Wintershall Dea curbs Dvalin gas flows over mercury...

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Energean could push back first gas from Karish to 2022

Oil and gas company Energean has informed that first gas from its Israeli fields could start flowing in the first quarter of 2022, instead of the current target of around year-end 2021. The post...

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Mubadala enters Shell’s Red Sea block

Mubadala Petroleum has signed a concession agreement for the Shell-operated Block 4 located in the Red Sea offshore Egypt. The post Mubadala enters Shell’s Red Sea block appeared first on Offshore...

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MDL executes SURF decom project with Helix

Back-deck equipment specialist Maritime Developments MDL has completed a SURF decommissioning project in the UKCS for […] The post MDL executes SURF decom project with Helix appeared first on Offshore...

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Rystad: Oilfield services sector will struggle to repeat former glory amid...

The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy. The post Rystad: Oilfield services sector will struggle to repeat former glory...

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Serica Energy gets Rhum license renewal

UK oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field in which...

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Baker Hughes back in black after three quarters

Oilfield services major Baker Hughes has booked $653 million profit in the fourth quarter […] The post Baker Hughes back in black after three quarters appeared first on Offshore Energy.

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PetroRio becomes full owner of Frade field

Brazilian oil and gas company PetroRio has approved the acquisition of the 30 per cent interest in Frade field from compatriot state-owned company Petrobras. The post PetroRio becomes full owner of...

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Biden halts federal oil and gas permitting in climate push

The Biden administration has opted to temporarily suspend oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program. The post...

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Spirit Energy extends partnership with contractor trio

Spirit Energy has extended agreements with Subsea 7, TechnipFMC and DNV GL for future […] The post Spirit Energy extends partnership with contractor trio appeared first on Offshore Energy.

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Inpex eyes 2D seismic in Browse and Canning Basins

Inpex plans to carry out a 2D seismic survey of two exploration permits in […] The post Inpex eyes 2D seismic in Browse and Canning Basins appeared first on Offshore Energy.

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Two Kerogen controlled oil players outline net-zero strategies

Norwegian oil and gas company Pandion Energy has launched its strategy to achieve net-zero carbon emissions, recognizing the importance of climate change. The post Two Kerogen controlled oil players...

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KenzFigee bags five-year services deal with Dana

KenzFigee has secured a five-year deal to provide its TotalCare Lifting Services for Dana Petroleum's operations in the UK. The post KenzFigee bags five-year services deal with Dana appeared first on...

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Subsea 7 grabs Angola contract

Subsea 7 has won a contract from Cabinda Gulf Oil Company (CABGOC) for the […] The post Subsea 7 grabs Angola contract appeared first on Offshore Energy.

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Norway: December oil output rises above expectations

Norway ended 2020 on a high note with oil production in December 2020 above forecasts made by the Norwegian Petroleum Directorate (NPD). The post Norway: December oil output rises above expectations...

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Elon Musk to offer $100 million prize for carbon capture technology

Tesla boss and billionaire Elon Musk has revealed his plans to donate $100 million as a prize for the "best carbon capture technology". The post Elon Musk to offer $100 million prize for carbon capture...

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Solstad secures work for subsea trio

Oslo-listed shipowner Solstad Offshore has secured four contract awards for three of its subsea […] The post Solstad secures work for subsea trio appeared first on Offshore Energy.

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Lundin eyes Odfjell rig for one firm well

Oil and gas company Lundin Energy and Odfjell Drilling have signed a letter of intent for the use of Deepsea Stavanger rig in Norway. The post Lundin eyes Odfjell rig for one firm well appeared first...

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Premier-Chrysaor tie-up gets new CFO

Premier Oil has announced the proposed appointment of a new CFO of a new entity, which will be formed following the completion of a merger with Chrysaor. The post Premier-Chrysaor tie-up gets new CFO...

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Court adds BPC as respondent to application by environmentalists

A court in the Bahamas has decided to add Bahamas Petroleum Company (BPC) as a respondent to an application brought by environmental groups. The post Court adds BPC as respondent to application by...

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