Masirah Oil wraps up drilling program in Oman
Masirah Oil has completed drilling three exploration prospects that were located near to the Yumna offshore field, located in the Arabian Sea. The post Masirah Oil wraps up drilling program in Oman...
View ArticleTullow kicks off multi-year drilling campaign off Ghana
Tullow Oil has started a multi-year, multi-well drilling campaign off Ghana following the beginning of drilling of the first well at the Jubilee field. The post Tullow kicks off multi-year drilling...
View ArticleQatar Petroleum teams up with Shell in deepwater blocks off Namibia
State-owned Qatar Petroleum has entered into an agreement with oil major Shell to become a partner in two exploration blocks offshore the Republic of Namibia. The post Qatar Petroleum teams up with...
View ArticleBP to reach $35bn net debt target early
BP expects to reach its $35 billion net debt target in 1Q 2021, one year ahead of schedule, as a result of earlier delivery of disposal proceeds. The post BP to reach $35bn net debt target early...
View ArticlePetroNor restarts arbitration for two Senegal offshore blocks
Oil and gas company PetroNor has revealed that it has restarted the formal arbitration process related to a dispute for two offshore blocks. The post PetroNor restarts arbitration for two Senegal...
View ArticleWood gets 5-year job on TAQA’s North Sea assets
Wood will build upon its 12-year relationship with TAQA following the award of a new contract across the company’s North Sea assets. The post Wood gets 5-year job on TAQA’s North Sea assets appeared...
View ArticleTailwind acquires Decipher Energy and its North Sea assets
UK-based oil and gas company Tailwind Energy has acquired compatriot Decipher Energy Limited which owns several assets in the UK North Sea. The post Tailwind acquires Decipher Energy and its North Sea...
View ArticlePetrobras to take over BP’s stakes in 6 blocks off Brazil
Petrobras has signed agreements with BP to take over BP's entire stakes in six blocks, located in ultra-deepwater in northern Brazil. The post Petrobras to take over BP’s stakes in 6 blocks off Brazil...
View ArticleEni to tie-in new oil discovery in Angola to FPSO
Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, which is located in Angola’s deep offshore. The post Eni to tie-in new oil discovery in Angola to FPSO appeared first...
View ArticleReport: Delek Drilling in talks to sell Tamar stake to Cairn Energy
Israel’s Delek Drilling is in talks to sell its stake in the Tamar offshore natural gas field for up to $1.1 billion, Israeli media outlets reported. The post Report: Delek Drilling in talks to sell...
View ArticleShell takes Maersk drillship for four Malaysian wells
Maersk Drilling has secured a contract with Shell for the 7th generation drillship Maersk Viking to drill offshore Malaysia. The post Shell takes Maersk drillship for four Malaysian wells appeared...
View ArticleABB and Siemens to handle electrical equipment on all Equinor facilities
ABB and Siemens Energy are awarded framework agreements by Equinor for providing the service of electrical equipment on all installations in Norway. The post ABB and Siemens to handle electrical...
View ArticleFinder Energy picks up its second UK offshore license
Perth-based oil and exploration company Finder Energy has been awarded a 100 per cent interest in the P2528 Licence in the 32nd UK Offshore Licensing Round. The post Finder Energy picks up its second...
View ArticleJersey closes purchase of CIECO V&C from Japanese owners
North Sea-focused Jersey Oil & Gas (JOG) has now completed its acquisition of the entire issued share capital of CIECO V&C. The post Jersey closes purchase of CIECO V&C from Japanese owners...
View ArticleNorwegian oil fund partners with Ørsted on Borssele 1&2 offshore wind farm
Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to divest a […] The post Norwegian oil fund partners with Ørsted on Borssele 1&2 offshore wind farm appeared first on...
View ArticlePetrofac extends $700 million loan
Oilfield services provider Petrofac has extended $700 million of its banking facilities at its request with the unanimous support of lenders. The post Petrofac extends $700 million loan appeared first...
View ArticleHalliburton and Optime Subsea forge global alliance
Oilfield services giant Halliburton has formed a global strategic alliance with Optime Subsea to jointly commercialize and deploy subsea interventions and controls. The post Halliburton and Optime...
View ArticlePetrobras postpones Mero 1 first oil due to FPSO delays
Petrobras has revealed that the first production from its Mero 1, through FPSO Guanabara, has been postponed due to FPSO construction delays. The post Petrobras postpones Mero 1 first oil due to FPSO...
View ArticleCarbon Collectors gets green light for its CO2 barge-push tug design
A CO2 transport and storage barge-push tug combination, developed as part of the Carbon […] The post Carbon Collectors gets green light for its CO2 barge-push tug design appeared first on Offshore...
View ArticleMaersk Drilling firms up $370 million deal with Tullow
Maersk Drilling has been awarded a contract from Tullow for the provision of the drillship Maersk Venturer for operations off Ghana. The post Maersk Drilling firms up $370 million deal with Tullow...
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