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Guyana to see record number of wells in 2021, Rystad says

Norwegian energy intelligence firm Rystad Energy expects the exploration activity in Guyana to speed up, with a record number of wells set for 2021. The post Guyana to see record number of wells in...

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UK considering ban on new North Sea oil and gas exploration

The UK Government is considering declaring the beginning of the end for the North Sea oil industry with a ban on new exploration licenses. The post UK considering ban on new North Sea oil and gas...

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CNOOC brings online new oilfield off China

Chinese oil and gas player CNOOC Limited has started production from the Caofeidian 6-4 oilfield located offshore China. The post CNOOC brings online new oilfield off China appeared first on Offshore...

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IOG sees increase in Goddard, Abbeydale resources. More prospects revealed

UK North Sea-focused Independent Oil and Gas (IOG) has seen an increase in resources held by the Goddard and Abbeydale discoveries following an interpretation of seismic data. The post IOG sees...

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Eni gears up to drill Montenegro well as rig arrives

Italy’s oil and gas company Eni and Russia’s Novatek will start drilling an exploration well in waters offshore Montenegro later this month. The post Eni gears up to drill Montenegro well as rig...

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Noreco names Sapura man its new COO

Norwegian Energy Company (Noreco) has appointed John Hulme as Chief Operating Officer (COO), effective Monday, 15 March 2021. The post Noreco names Sapura man its new COO appeared first on Offshore...

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Shell looking to shed interests in blocks off Malaysia

Oil major Shell is exploring options to sell its non-operated interests in the Amended 2011 Baram Delta EOR production sharing contract (PSC) and the SK 307 PSC off Malaysia. The post Shell looking to...

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Vår Energi to extend the life of Norwegian subsea field

Vår Energi has received consent from the Norwegian offshore authority to use the subsea facilities on the Marulk field beyond their original operating life. The post Vår Energi to extend the life of...

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UK regulator tells how oil & gas sector should work to reduce emissions

UK's petroleum regulator, the Oil and Gas Authority, has outlined how the oil and gas industry should work to reduce greenhouse gas emissions. The post UK regulator tells how oil & gas sector...

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Petrofac suspended from competing for new ADNOC contracts

Oilfield services provider Petrofac has been suspended by UEA's oil and gas giant ADNOC from competing for new contract awards until further notice. The post Petrofac suspended from competing for new...

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Union Jack Oil buys royalties from three North Sea fields

Onshore-focused exploration and production company Union Jack Oil has acquired a royalty interest in revenues generated from three fields in the Central North Sea. The post Union Jack Oil buys...

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Swift Drilling hired for long-term P&A job in North Sea

Swift Drilling has been awarded a long-term contract by Wintershall Noordzee to perform a plug and abandonment campaign in the Dutch and German North Sea. The post Swift Drilling hired for long-term...

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Activist firm calls for ousting of four ExxonMobil board members

Activist firm Engine No. 1 has named directors it wants shareholders to remove from the board of directors of ExxonMobil at the oil major’s upcoming annual general meeting. The post Activist firm calls...

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Seadrill laying off 162 Gulf of Mexico workers

Offshore drilling contractor Seadrill is laying off 162 offshore workers in the U.S. Gulf of Mexico as one of its drillships will be out of work soon. The post Seadrill laying off 162 Gulf of Mexico...

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Wintershall Dea gets permit for appraisal well west of Maria

The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge a drilling permit for an appraisal well located in the Norwegian Sea. The post Wintershall Dea gets permit for appraisal well...

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Seadrill handed safety order over rig incident

Norway's safety watchdog has completed its investigation of an incident on the Seadrill-operated West Bollsta rig when a riser joint dropped during lifting. The post Seadrill handed safety order over...

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U.S. Senate confirms Debra Haaland as Secretary of the Interior

U.S. Representative Debra Haaland has been confirmed as the new Secretary of the Interior, becoming the first Native American to lead a cabinet agency. The post U.S. Senate confirms Debra Haaland as...

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Adani Welspun makes gas discovery of ‘substantial significance’ off India

Adani Welspun Exploration Ltd. (AWEL), a joint venture between the Adani Group and Welspun Enterprises, has made a first-ever gas discovery in the NELP-VII block located in the Mumbai offshore basin....

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Keppel wraps up topsides lifting on SBM’s Liza Unity FPSO

Keppel shipyard has reached a major milestone in the construction of the SBM Offshore-owned Liza Unity FPSO with the completion of the topsides lifting. The post Keppel wraps up topsides lifting on...

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ExxonMobil rallying support for board re-election

Oil major ExxonMobil has sent a letter to shareholders urging them to vote using in favour of the company’s 12 director nominees at its 2021 annual meeting of shareholders on 26 May. The post...

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