BP in oil exploration team cuts as climate change-driven reorganisation...
Oil major BP has drastically cut its fossil fuel exploration team in an attempt to keep up with the fast-moving revolution focused around renewables and climate change. The post BP in oil exploration...
View ArticlePetrofac hires Stena rig for UK operations
Offshore drilling contractor Stena Drilling has signed a new drilling contract with Petrofac for operations in the UK using the Stena Don rig. The post Petrofac hires Stena rig for UK operations...
View ArticleBeach cleared for Otway Basin seabed survey
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted the T/30P […] The post Beach cleared for Otway Basin seabed survey appeared first on...
View ArticleNew Age given approval to apply for new Etinde license
Oil and gas firm New Age has received formal approval to apply for a new exploitation agreement for its Etinde license offshore Cameroon. The post New Age given approval to apply for new Etinde license...
View ArticleTullow kicks off drilling ops offshore Suriname
Oil and gas company Tullow Oil has started drilling operations at its Goliathberg-Voltzberg North prospect (GVN-1) located in Block 47 offshore Suriname. The post Tullow kicks off drilling ops offshore...
View ArticlePipelayer resumes work on Nord Stream 2 in Danish waters
A pipelayer vessel has started work in Danish waters ahead of the resumption of construction of the Nord Stream 2 gas pipeline regardless of the pressure from the United States and European Union to...
View ArticleDiamond Offshore hammers out restructuring plan
Offshore drilling contractor Diamond Offshore has entered into a restructuring agreement to deleverage its balance sheet. The post Diamond Offshore hammers out restructuring plan appeared first on...
View ArticleABS class Lingshui 17-2 platform launched in China
The world’s first 100,000-ton deepwater semi-submersible production and storage platform, built to ABS Class, has been launched in China. The post ABS class Lingshui 17-2 platform launched in China...
View ArticleADES scores new jack-up rig deal offshore Egypt
ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa, has won a contract for one of its jack-up drilling rigs from an undisclosed client....
View ArticlePremier farms down Tuna block ahead of appraisal campaign
Oil and gas company Premier Oil has completed the farm down of its interest in the Tuna PSC, offshore Indonesia to Zarubezhneft. The post Premier farms down Tuna block ahead of appraisal campaign...
View ArticlePolarcus stock crashes on loan default news
Marine seismic player Polarcus said on Tuesday it has defaulted on debt payments and […] The post Polarcus stock crashes on loan default news appeared first on Offshore Energy.
View ArticleSantos gearing up for new well offshore Australia
Santos has filed an environmental plan for exploration drilling of the Dancer-1 well, located offshore Australia, to Australian authorities. The post Santos gearing up for new well offshore Australia...
View ArticleDana to withdraw from North Sea gas project
Following a review, oil and gas company Dana Petroleum is abandoning an offshore gas project located in the UK sector of the North Sea. The post Dana to withdraw from North Sea gas project appeared...
View ArticleOil and gas industry doubles down on green investments, DNV GL claims
The oil and gas industry expects to boost investment in the energy systems of the future this year as companies seek to transform for the long term, DNV GL said. The post Oil and gas industry doubles...
View ArticleEni gets new licence in UK North Sea
Eni has been awarded a new production licence in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licensing Round. The post Eni gets new licence in UK North Sea appeared...
View ArticleWorker dies on Seadrill drillship in Gulf of Mexico
An incident on board a Seadrill-owned drillship working for Kosmos Energy in the U.S. Gulf of Mexico has resulted in the death of one offshore worker. The post Worker dies on Seadrill drillship in Gulf...
View ArticleDisappointment for Lundin in Barents Sea
Lundin Energy came up dry in the Bask prospect following results from an exploration well in the Barents Sea drilled with the West Bollsta rig. The post Disappointment for Lundin in Barents Sea...
View ArticleDNV GL combines Oil & Gas, Power & Renewables to create Energy Systems
Assurance and risk management company DNV GL has decided to combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems. The post DNV GL...
View ArticleVantage rig completes maintenance ahead of Eni gig
MMH Malta, a port facility and provider of services for offshore drilling rigs, has completed a maintenance program on a Vantage Drilling-owned jack-up rig. The post Vantage rig completes maintenance...
View ArticlePetrobras sees oil reserves drop in 2020
Brazilian oil major Petrobras has noted a small decrease in its proved reserves of oil, condensate, and natural gas for 2020 when compared to figures from the year before. The post Petrobras sees oil...
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