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Occidental delivers world-first carbon-neutral crude shipment

A division of Occidental Petroleum, Oxy Low Carbon Ventures (OLCV), has delivered the world’s first shipment of carbon-neutral oil to India. The post Occidental delivers world-first carbon-neutral...

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Total outshines all peers in a year of cost cuts, Rystad reveals

Total outshined all other peers and also was the only major to replace all of the year’s produced resources, according to Rystad Energy. The post Total outshines all peers in a year of cost cuts,...

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Petrobras hits hydrocarbons in pre-salt wildcat

Brazilian state-owned oil giant Petrobras has found hydrocarbons in a wildcat well located in the pre-salt Campos Basin offshore Brazil. The post Petrobras hits hydrocarbons in pre-salt wildcat...

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NWS partners ink Pluto feed gas deals with WA government

Woodside Burrup and the North West Shelf (NWS) project participants have finalized arrangements with the Western Australian Government enabling the supply of Pluto feed gas. The post NWS partners ink...

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Senator Cassidy introduces bill in attempt to block leasing halt

Republican senators from oil-producing states, led by Senator Bill Cassidy from Louisiana, introduced legislation that would block the Biden administration's order pausing new oil and gas leasing on...

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BP’s Argos platform floated onto Boskalis vessel for transport

BP's Argos platform, built for the Mad Dog 2 project in the Gulf of Mexico, has been loaded onto a Boskalis vessel for transport to the U.S. The post BP’s Argos platform floated onto Boskalis vessel...

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Chevron books $665 million loss as revenues sink

Chevron managed to cut its losses in the fourth quarter of 2020 compared to the same period in 2019 despite a significant decrease in revenues. The post Chevron books $665 million loss as revenues sink...

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‘We are not where we need to be’ regarding safety, Equinor CEO says

Although Equinor experienced several serious incidents throughout the year, it was able to achieve a reduction in the number of serious incidents and personal injuries in 2020 compared to the previous...

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Magseis Fairfield wins 4D OBN survey in Norwegian North Sea

Seabed seismic player Magseis Fairfield has won a 4D ocean bottom node monitor survey […] The post Magseis Fairfield wins 4D OBN survey in Norwegian North Sea appeared first on Offshore Energy.

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Awilco Drilling CEO quits as ‘prerequisites change’

Awilco Drilling has informed that its CEO, Jens Berge, has decided to leave the company with effect from 1 February to pursue other opportunities. The post Awilco Drilling CEO quits as ‘prerequisites...

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Shearwater grabs Southeast Asia 3D shoot

Seismic exploration company Shearwater GeoServices said it has secured a marine seismic 3D survey […] The post Shearwater grabs Southeast Asia 3D shoot appeared first on Offshore Energy.

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NHV helicopters to support Neptune in North Sea

NHV Group has won a new long-term contract with Neptune Energy in support of its Seagull field development located in the UK Central North Sea. The post NHV helicopters to support Neptune in North Sea...

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PGS delivers 3D seismic for Brazil’s 17th bidding round

Seismic contractor PGS has completed GeoStreamer acquisition on 17th Round Blocks in Campos Basin […] The post PGS delivers 3D seismic for Brazil’s 17th bidding round appeared first on Offshore Energy.

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C-Innovation wins BP extension for RLWI services in Gulf of Mexico

C-Innovation, an affiliate of Edison Chouest Offshore, has secured a one-year contract extension with […] The post C-Innovation wins BP extension for RLWI services in Gulf of Mexico appeared first on...

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End of role for MMH CEO

MMH Malta, a port facility and provider of services for offshore drilling rigs, has revealed that its CEO has come to an end of his role in the company. The post End of role for MMH CEO appeared first...

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Petrobras inks deals for sale of shallow-water fields

Brazilian oil and gas giant Petrobras is selling its whole interest in two shallow-water fields located in the Espírito Santo Basin offshore Brazil. The post Petrobras inks deals for sale of...

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AGR inks strategic framework deal with dCarbonX

Energy consultancy AGR said that its Well Management business unit has entered into a […] The post AGR inks strategic framework deal with dCarbonX appeared first on Offshore Energy.

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Depressed demand drags BP profit down

BP recorded a significant decrease in its quarterly profit due to lower demand, exploration write-offs, and lower oil and gas prices The post Depressed demand drags BP profit down appeared first on...

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Polarcus fleet up for sale – all employees face layoffs

Seismic player Polarcus has received notification from the lenders that they no longer support […] The post Polarcus fleet up for sale – all employees face layoffs appeared first on Offshore Energy.

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Malaysian contractor expands into liftboat market, eyes offshore wind

Coastal Contracts and its partner JUB Pacific are entering the liftboat business with plans to pursue expansion in the oil and gas as well as venturing into the offshore wind market. The post Malaysian...

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