Enauta resumes Atlanta field production after repairs
Brazilian oil and gas company Enauta has resumed production from its Atlanta field, located off Brazil, after a nearly month-long shutdown due to repairs. The post Enauta resumes Atlanta field...
View ArticleMasirah Oil brings third Yumna well online
Oil and gas company Masirah Oil has started production from the third development well drilled in the Yumna field located in Block 50 offshore Oman. The post Masirah Oil brings third Yumna well online...
View ArticleSaipem lands $1.7 billion worth deal with Qatargas
Saipem has received a Letter of Award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located off Qatar. The post Saipem lands $1.7 billion worth deal...
View ArticleRussia working to support oil industry after tax increase
The government of Russia has been working on some support measures for the oil-producing industry, including changes in taxation, following last year’s decision to hike taxes. The post Russia working...
View ArticleTechnipFMC bags Limbayong deal off Malaysia with Petronas
TechnipFMC has won a contract from Petronas for the Limbayong deepwater development project offshore […] The post TechnipFMC bags Limbayong deal off Malaysia with Petronas appeared first on Offshore...
View ArticleNeptune Energy fires up Gjøa P1 development
Operator Neptune Energy and its partners have started production from the Gjøa P1 development in the Norwegian sector of the North Sea. The post Neptune Energy fires up Gjøa P1 development appeared...
View ArticleAshtead aims at renewables and decom with new tech centre
Subsea technology and services provider Ashtead Technology has invested £1 million to develop a […] The post Ashtead aims at renewables and decom with new tech centre appeared first on Offshore Energy.
View ArticleExxonMobil off 2050 net-zero target, activist firm says
Activist firm Engine No. 1, which has nominated four independent director candidates to the ExxonMobil board of directors, has sent a letter to Exxon claiming that it was falling short of what was...
View ArticleTransocean bleeds red ink in fourth quarter
Transocean sank to a net loss in the last quarter of 2020 compared to the prior quarter but managed to reduce its losses in the y-o-y comparison. The post Transocean bleeds red ink in fourth quarter...
View ArticleEarnings drop for Helix Energy Solutions
Helix Energy Solutions has seen its fourth-quarter 2020 profit almost cut in half on […] The post Earnings drop for Helix Energy Solutions appeared first on Offshore Energy.
View ArticleVår Energi hires Rem Offshore vessel
Norwegian shipping company Rem Offshore has won a contract award for one of its platform supply vessels (PSVs) from Vår Energi. The post Vår Energi hires Rem Offshore vessel appeared first on Offshore...
View ArticleEnerMech eyes Mozambique expansion ‘as local activity ramps up’
EnerMech has created a new role of Mozambique country manager as it seeks to expand business with a new office in the country as local activity ramps up. The post EnerMech eyes Mozambique expansion ‘as...
View ArticleSamsung Heavy settles Brazil corruption investigation for $149 million
South Korean shipbuilder Samsung Heavy Industries has agreed to pay a settlement in a leniency deal with authorities of Brazil to settle a corruption investigation. The post Samsung Heavy settles...
View ArticleSembcorp Marine books loss and expects trend to continue
Singapore's offshore builder Sembcorp Marine expects losses to continue after reporting a higher net loss in FY2020 compared to FY2019. The post Sembcorp Marine books loss and expects trend to continue...
View ArticleMasirah Oil spuds exploration well off Oman
Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig. The post Masirah Oil spuds exploration well off Oman...
View ArticlePolar Onyx gets North Sea gig
GC Rieber Shipping has secured a new charter for the SURF vessel Polar Onyx […] The post Polar Onyx gets North Sea gig appeared first on Offshore Energy.
View ArticleLamprell wins Marjan field job from Saudi Aramco
Lamprell has been awarded an engineering, procurement, construction, and installation contract by Saudi Aramco as part of the long-term agreement programme. The post Lamprell wins Marjan field job from...
View ArticleOccidental: Low-carbon business earnings could match oil
The chief executive of U.S. oil company Occidental Petroleum has stated that the company’s low-carbon business would generate earnings equal to its oil and gas production business in the coming...
View ArticleSaipem develops CO2 estimation tool for offshore projects
Italian oilfield services company Saipem has developed a new tool for the estimation of the carbon footprint of its offshore projects. The post Saipem develops CO2 estimation tool for offshore projects...
View ArticlePetrobras board calls extraordinary meeting to remove CEO
The board of Brazilian state-run oil company Petrobras called an extraordinary shareholders’ meeting in a move which will all but ensure the replacement of the company’s CEO. The post Petrobras board...
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