Baron Oil increases stake in Chuditch PSC off Timor-Leste
UK-based and AIM-listed oil and gas company Baron Oil has completed its earn-in for an increased interest in the Chuditch discovery and prospects. The post Baron Oil increases stake in Chuditch PSC off...
View ArticleExxonMobil eyes Houston for $100 billion carbon capture plan
U.S. supermajor ExxonMobil has announced its vision for a massive $100 billion carbon capture and storage (CCS) project which it believes will be critical to meeting Paris Agreement emission-reducing...
View ArticleEquinor hires Seadrill rig for work on Bacalhau field off Brazil
Offshore drilling contractor Seadrill has secured a four-year firm contract with four one-year options, for the West Saturn drillship with Norwegian oil major Equinor in Brazil. The post Equinor hires...
View ArticleBP flows first gas from third stage of West Nile Delta project
Oil major BP has started producing gas from the Raven field, the third stage of the large West Nile Delta (WND) development off the Mediterranean coast in Egypt. The post BP flows first gas from third...
View ArticleTechnipFMC gets go-ahead for Santos’ Barossa subsea works
TechnipFMC has received a notice to proceed with the subsea production system contract from the Australian energy giant Santos for the Barossa gas field project. The post TechnipFMC gets go-ahead for...
View ArticleNorthern Producer FPF arrives at port from Don fields
Northern Offshore’s Northern Producer floating production facility (FPF) has arrived at the Kishorn Port in Scotland following removal from EnQuest’s Don fields in the North Sea. The post Northern...
View ArticleArcher 3D seismic survey starts offshore Australia
Shearwater’s Geo Coral vessel has started the Archer 3D seismic survey that will cover the Dorado development and the exploration potential to the south west of the field located in the Bedout...
View ArticleMubadala signs MOU to buy Tamar field stake from Delek Drilling
Israel’s Delek Drilling has signed a non-binding memorandum of understanding (MoU) with UAE’s Mubadala Petroleum for the sale of its 22 per cent non-operated stake in the Tamar gas field offshore...
View ArticleBP, Reliance produce gas from second Indian deepwater field
Oil major BP and India’s Reliance Industries have started production from the Satellite Cluster gas field in block KG D6 off the east coast of India. The post BP, Reliance produce gas from second...
View ArticleLundin sells ‘world-first’ carbon-neutral certified oil
Oil and gas company Lundin Energy has sold the world’s first-ever certified carbon neutrally produced oil to Saras S.p.A from its Edvard Grieg field offshore Norway. The post Lundin sells ‘world-first’...
View ArticlePetroNor closes Guinea-Bissau offshore blocks buy
Independent oil and gas exploration and production company PetroNor has received the necessary approvals for the acquisition of high potential acreage offshore Guinea Bissau through the buy of SPE...
View ArticleExxonMobil successful again – more oil found off Guyana
U.S. supermajor ExxonMobil has made another oil discovery offshore Guyana with the Uaru-2 well in the Stabroek Block. The post ExxonMobil successful again – more oil found off Guyana appeared first on...
View ArticleTalos Energy nominates new board member
Houston-based oil and gas company Talos Energy has nominated a new member of the company’s board of directors. The post Talos Energy nominates new board member appeared first on Offshore Energy.
View ArticleDiamond Offshore emerges from Chapter 11 bankruptcy
Offshore drilling contractor Diamond Offshore Drilling and its debtor-affiliates have emerged from their Chapter 11 process after completing a financial reorganization under their joint plan of...
View ArticleScotland gets first dedicated subsea decommissioning hub
NorSea UK, in collaboration with Robertson-IES and CR Smith Services, has unveiled NorSea Decom - a dedicated entity whose sole work scope will be the safe and compliant management of decommissioned...
View ArticleNordic partnership targets oil and gas platforms emissions cut using wave tech
Oil and gas company Lundin Energy Norway has partnered up with Swedish wave energy developer Ocean Harvesting Technologies to explore the potential of using wave energy to decarbonise the production of...
View ArticleVaalco in talks to use FSO on Etame field off Gabon
Houston-based Vaalco Energy has signed a non-binding letter of intent (LOI) with Omni Offshore Terminals to provide and operate floating storage and offloading (FSO) unit at the Etame Marin field...
View ArticleBP triples first-quarter profit to $2.6 billion on strong oil, gas trading
Oil major BP has tripled its quarterly profit due to exceptional gas marketing, significantly higher oil prices, and higher refining margins. The post BP triples first-quarter profit to $2.6 billion on...
View ArticleOceaneering nets over $135 million in subsea contracts
Subsea engineering company Oceaneering International has through its Manufactured Products segment secured multiple contracts during the first four months of 2021, with anticipated aggregate revenue in...
View ArticleWintershall Dea breaks quarterly production record. Net debt down by a third
German oil and gas company Wintershall Dea has had a record quarterly production in the first quarter of 2021 with 659,000 barrels of oil equivalent a day and reduced its net debt by almost a third....
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