Chevron profit shrinks due to effects of pandemic, storm Uri
U.S. oil major Chevron booked a smaller profit in the first quarter of 2021 compared to the same period last year because of ongoing downstream margin and volume effects resulting from the pandemic and...
View ArticleIn Focus: In pursuit of carbon-neutrality – the holy grail of energy transition
In this week’s edition of our In Focus article, we take a deep dive […] The post In Focus: In pursuit of carbon-neutrality – the holy grail of energy transition appeared first on Offshore Energy.
View ArticleU.S. weekly offshore rig count up by two units
The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday rig report by Baker Hughes. The post U.S. weekly offshore rig count up by two units appeared...
View ArticlePetrobras kicks off bidding process for ninth Búzios FPSO
Petrobras has started the bidding process for the acquisition of a new FPSO for the Búzios field, in the Santos Basin pre-salt area. The post Petrobras kicks off bidding process for ninth Búzios FPSO...
View ArticleEni and Santos to collaborate on projects in Australia and Timor-Leste
Italy's Eni and Australia's Santos have agreed to cooperate on projects in northern Australia and Timor-Leste. The post Eni and Santos to collaborate on projects in Australia and Timor-Leste appeared...
View ArticleBaker Hughes gets subsea order from Petrobras
Baker Hughes has been awarded a subsea equipment contract from Petrobras as part of the Marlim and Voador field revitalization plan. The post Baker Hughes gets subsea order from Petrobras appeared...
View ArticleValaris emerges from Chapter 11 free of $7.1bn of debt
Valaris has completed its financial restructuring, emerging from the Chapter 11 bankruptcy and eliminating $7.1 billion of debt. The post Valaris emerges from Chapter 11 free of $7.1bn of debt appeared...
View ArticleNeptune and Spirit to develop UK gas find as Cygnus tieback
Spirit Energy and Neptune Energy have agreed to partner on the development of the Pegasus West gas discovery in the UK Southern North Sea. The post Neptune and Spirit to develop UK gas find as Cygnus...
View ArticleLundin Energy picks Neodrill CAN-ductors offshore Norway
Neodrill has signed a frame agreement with oil and gas operator Lundin Energy to […] The post Lundin Energy picks Neodrill CAN-ductors offshore Norway appeared first on Offshore Energy.
View ArticleMaersk and Shell join forces for Gulf of Mexico workforce training
The Shell Robert Training and Conference Centre in Louisiana has established a partnership with Maersk Training. The post Maersk and Shell join forces for Gulf of Mexico workforce training appeared...
View ArticleEquinor’s ‘serious’ North Sea oil spill under investigation
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has launched an investigation into an oil spilt from Equinor’s Gullfaks C platform in the North Sea. The post Equinor’s...
View ArticleVelesto rig working for ConocoPhillips sinks off Malaysia
A jack-up drilling rig owned by Malaysia's Velesto Energy has sunk offshore Malaysia while working for the oil major ConocoPhillips. The post Velesto rig working for ConocoPhillips sinks off Malaysia...
View ArticleAban suspends jack-up rig as India grapples with Covid-19 surge
India's offshore drilling contractor Aban Offshore has suspended operations on one of its jack-up drilling rigs due to the Covid-19 outbreak. The post Aban suspends jack-up rig as India grapples with...
View ArticleTechnipFMC’s subsea orders double in Q1 2021
TechnipFMC’s Subsea division has reported inbound orders of $1.5 billion in the first quarter […] The post TechnipFMC’s subsea orders double in Q1 2021 appeared first on Offshore Energy.
View ArticleTransocean optimistic about contracting after securing new rig jobs
Following new contract awards to its drillships and a harsh environment rig, Transocean is optimistic about contracting throughout the year. The post Transocean optimistic about contracting after...
View ArticleSembcorp Marine battling COVID-19 related workforce shortages
Singapore-based Sembcorp Marine continues to face COVID-19 supply chain constraints and shortage of skilled […] The post Sembcorp Marine battling COVID-19 related workforce shortages appeared first on...
View ArticleValaris hauls in sixteen new contracts and extensions
The now restructured and debt-relieved offshore drilling contractor Valaris has been awarded sixteen new contracts and extensions with more than a dozen different oil and gas companies. The post...
View ArticleViasat buys offshore comms services provider RigNet
U.S.-based global communications company Viasat has completed its previously announced acquisition of offshore telecommunication services provider RigNet. The post Viasat buys offshore comms services...
View ArticleWintershall Dea terminates West Mira rig after x-mas tree incident
Offshore rig owner Seadrill Limited has revealed that a termination notice has been received for the West Mira rig from Wintershall Dea. The post Wintershall Dea terminates West Mira rig after x-mas...
View ArticleShelf Drilling nets three-year rig job in India
Offshore drilling contractor Shelf Drilling has won a contract for the Trident XII jack-up rig with the Oil and Natural Gas Corporation (ONGC) in India. The post Shelf Drilling nets three-year rig job...
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