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ADNOC: Crown Prince of Abu Dhabi takes chair of new board

The Crown Prince of the Emirate of Abu Dhabi and the de facto ruler of Abu Dhabi Mohamed bin Zayed bin Sultan Al Nahyan, better known under his initials MBZ, has been named the chairman of the board of...

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Archer picks up well integrity deal extension with Petronas Carigali

Quarterback Services, the local agent of Archer Well Company, has won a one-year extension with Petronas Carigali for the provision of well downhole leak detection services using ultrasound technology....

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Noble rig hired to drill two wells near Dorado

Santos has hired the Noble Corporation-owned Noble Tom Prosser jack-up drilling rig to drill two exploration wells offshore Australia. The post Noble rig hired to drill two wells near Dorado appeared...

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ExxonMobil cutting 300 jobs in Singapore

Oil major ExxonMobil will reduce staffing levels at its Singapore affiliate as part of its ongoing effort to improve and sustain long-term competitiveness. The post ExxonMobil cutting 300 jobs in...

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Jersey Oil & Gas reveals Greater Buchan Area concept

North Sea-focused Jersey Oil & Gas has revealed its preferred development concept for the Greater Buchan Area (GBA) development located off the coast of the UK. The post Jersey Oil & Gas...

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BP elects new head of UK business

Peter Mather, BP’s UK head of country and senior vice president for Europe, will ‎leave BP at the end of the year and will be replaced by Louise Kingham. The post BP elects new head of UK business...

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NHV helicopters to support Allseas on pipeline project

NHV Group has been awarded a new contract with Allseas to provide helicopter services in support of the Energinet Europipe II Branch Pipeline project. The post NHV helicopters to support Allseas on...

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DOF platform supplier to exit oil service after sale

DOF Rederi, a wholly-owned subsidiary of DOF ASA, has completed the sale of a platform supply vessel (PSV) to a Norwegian company. The post DOF platform supplier to exit oil service after sale appeared...

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Mitsui invests in Acorn carbon capture and storage project

Japan's Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK. The post Mitsui invests in Acorn carbon capture and storage...

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ExxonMobil curbs spending plans, reveals path to lower-carbon future

ExxonMobil has revealed that its capital spending for 2021 will be in the $16-$19 billion range as well as plans to focus on developing technologies to reduce emissions. The post ExxonMobil curbs...

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Shearwater in Sequoia 3D shoot

Seismic exploration company Shearwater GeoServices has confirmed a contract award from ConocoPhillips for the […] The post Shearwater in Sequoia 3D shoot appeared first on Offshore Energy.

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EnerMech scores eight new deals in UK

UK-based oilfield services provider EnerMech has won a string of new deals in the United Kingdom during the first months of 2021. The post EnerMech scores eight new deals in UK appeared first on...

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Five Petrobras board members to step down with CEO

Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco....

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ExxonMobil comes up dry in Guyana wildcat

Oil major ExxonMobil has failed to find commercial hydrocarbons at the Bulletwood-1 wildcat well in the Canje block located offshore Guyana. The post ExxonMobil comes up dry in Guyana wildcat appeared...

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Energy companies invest £1.6M in wave-powered demo for subsea projects

Scottish wave power company Mocean Energy and energy storage developer EC-OG have joined forces with Chrysaor, Modus, OGTC and Baker Hughes to build and demonstrate a wave-powered renewable energy...

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U.S. Energy Secretary readies $40 billion in loans to boost clean energy

U.S. Energy Secretary Jennifer Granholm will reactivate her department’s loan program office to boost the transition to clean energy. The post U.S. Energy Secretary readies $40 billion in loans to...

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Mixed results for Shelf Drilling rig fleet

Shelf Drilling has revealed a mixed bag of results for its jack-up rig fleet with several of its rigs starting new contracts, some getting extensions, and some terminations. The post Mixed results for...

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Relationship with Hurricane ‘deteriorated dramatically’, investor says

Activist investor Crystal Amber, which holds more than 11 per cent of Hurricane Energy, stated it would take “appropriate action” to maximise Hurricane's potential. The post Relationship with Hurricane...

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Offshore project commitments poised for new record, Rystad says

Offshore project commitments are set to reach a new record in the five-year period towards 2025, a Rystad Energy report says. The post Offshore project commitments poised for new record, Rystad says...

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Aker Solutions hired to modify Åsgard B for production boost

Aker Solutions has won a substantial contract from Equinor for modifications on the Åsgard B gas and condensate platform to enable increased production. The post Aker Solutions hired to modify Åsgard B...

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