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Woodside posts $4 billion loss

Australian LNG major Woodside posted a $4 million loss for the year 2020 impacted by impairments. The post Woodside posts $4 billion loss appeared first on Offshore Energy.

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Equinor faces safety order over Snorre incident

Norway's offshore safety watchdog has issued Equinor with a notification of order following an incident at Snorre B platform offshore Norway. The post Equinor faces safety order over Snorre incident...

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Norway: Oil firms increase 2021 spending plans. Decline set for 2022

Oil and gas companies in Norway have increased their 2021 investment plans in recent months, but still plan to spend less than last year and to reduce spending in 2022, the national statistics office...

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Chrysaor spuds North Sea well with COSL rig

Drilling operations on the Chrysaor-operated Jerv exploration well, located offshore Norway, started on 18 February 2021, using the COSLInnovator rig. The post Chrysaor spuds North Sea well with COSL...

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Petrofac sells UK training business to 3t Energy

3t Energy Group has exchanged contracts with oilfield services provider Petrofac for the purchase of its UK training centres. The post Petrofac sells UK training business to 3t Energy appeared first on...

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Petronas to offer 13 offshore exploration blocks in new bid round

Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia Bid Round (MBR) 2021 launch on 26 February 2021. The post Petronas to offer 13 offshore exploration blocks...

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Eni narrows quarterly loss but output takes a hit

Italian oil and gas company Eni managed to cut its losses in the fourth quarter of 2020 as its production dropped by 11 per cent year-over-year. The post Eni narrows quarterly loss but output takes a...

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Beach files plan for Geographe subsea campaign

Australian oil and gas firm Beach Energy is proposing to undertake subsea installation and […] The post Beach files plan for Geographe subsea campaign appeared first on Offshore Energy.

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Worley lands five-year services deal with Chevron

Worley has been awarded a global contract for early-phase engineering services by Chevron, through its Chevron Technical Centre division. The post Worley lands five-year services deal with Chevron...

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Woodside to go ahead with Myanmar exploration plans regardless of coup

Australian energy giant Woodside Petroleum believes that the military coup in Myanmar is just "a transitionary issue" and would not affect its offshore drilling plans. The post Woodside to go ahead...

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Big oil output to peak lower and earlier than expected, Rystad says

The world’s oil and gas industry's production will peak lower and earlier than expected before the 2020 market crisis, a Rystad Energy analysis shows. The post Big oil output to peak lower and earlier...

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Petronas awards block off Malaysia to ConocoPhillips

Malaysian energy giant Petronas has awarded Block SB405 offshore Malaysia to ConocoPhillips and Petronas Carigali Sdn. Bhd. The post Petronas awards block off Malaysia to ConocoPhillips appeared first...

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Rystad Energy: Offshore wind jobs to triple by 2030

Workforce demand in offshore wind will rise dramatically over the next decade, with the […] The post Rystad Energy: Offshore wind jobs to triple by 2030 appeared first on Offshore Energy.

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After a rocky start to the year, BW Offshore moves to seize energy transition...

After a rocky start to the year, BW Offshore is investing in the floating offshore wind to position itself as an early mover in the energy transition. The post After a rocky start to the year, BW...

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Total hires DNV GL for services on UK North Sea assets

DNV GL has been awarded a three-year contract by Total to provide multiple services across the full portfolio of the operator’s assets in the UK North Sea. The post Total hires DNV GL for services on...

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Aker BP taps Shearwater for Ivar Aasen 4D OBS survey

Shearwater has secured an ocean bottom seismic 4D survey for Aker BP at the […] The post Aker BP taps Shearwater for Ivar Aasen 4D OBS survey appeared first on Offshore Energy.

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Stena Drilling launches petition for UK quarantine exemption

Aberdeen-based offshore drilling contractor Stena Drilling has launched a petition urging the UK Government to give oil workers returning from overseas full quarantine exemption. The post Stena...

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Brazil’s Bolsonaro moves to replace Petrobras CEO

Brazil's President Jair Bolsonaro has moved to replace the CEO of Petrobras with a retired army general with no oil and gas experience. The post Brazil’s Bolsonaro moves to replace Petrobras CEO...

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Chariot teams up with Subsea Integration Alliance on Anchois project

Chariot Oil & Gas has signed a collaboration agreement with Subsea Integration Alliance to […] The post Chariot teams up with Subsea Integration Alliance on Anchois project appeared first on...

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Tailwind Energy gets Evelyn field development plan approval

Oil and gas company Tailwind Energy has received consent and approval of the field development plan for the Evelyn Field from the UK Oil and Gas Authority’s (OGA). The post Tailwind Energy gets Evelyn...

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