Cosco starts conversion work for Woodside’s Sangomar FPSO
Chinese shipyard Cosco has started working on a conversion of a VLCC into an FPSO for the Woodside -operated Sangomar project located offshore Senegal. The post Cosco starts conversion work for...
View ArticleCosco delivers fifth jack-up newbuild
China's Cosco Shipping Heavy Industry has delivered the second jack-up drilling rig to China National Offshore Engineering. The post Cosco delivers fifth jack-up newbuild appeared first on Offshore...
View ArticleRomgaz places bid to buy ExxonMobil subsidiary in Romania
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil's subsidiary in Romania which holds a share in a Black Sea offshore block. The post Romgaz places bid to buy ExxonMobil...
View ArticlePetrobras suspends MODEC from bidding over FPSO issues
MODEC has received a notification from Petrobras that its eligibility to participate in new competitive bidding has been suspended for 13 months. The post Petrobras suspends MODEC from bidding over...
View ArticleFlare for Energean Power FPSO lifted into place
The flare for the Energean Power floating production, storage, and offloading (FPSO) vessel has been lifted into place at Sembcorp Marine’s Admiralty Yard in Singapore. The post Flare for Energean...
View ArticleEquinor halts Mariner flights as helicopter gets stuck
Crew changes on the Equinor-operated Mariner platform located off the UK have been suspended after a helicopter got stuck on the platform. The post Equinor halts Mariner flights as helicopter gets...
View ArticleWell-Safe preparing for rig acceptance audits
Well-Safe Solutions has completed the intake of its new asset, the Well-Safe Protector, and is now preparing for rig acceptance audits in the coming weeks. The post Well-Safe preparing for rig...
View ArticlePetronas declares force majeure on Myanmar field
Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output. The post Petronas declares force majeure on...
View ArticleHydraWell tech chosen for Kinsale decommissioning
Well integrity specialist HydraWell has been awarded a multi-year contract with PSE Kinsale Energy to support a major decommissioning project in Ireland. The post HydraWell tech chosen for Kinsale...
View ArticleMalaysia, Brunei formalise unitisation agreement for two offshore fields
Malaysia, through its national oil company Petronas, has formalised a unitisation agreement (UA) with the Government of Brunei Darussalam for the Gumusut-Kakap and Geronggong/Jagus East fields. The...
View ArticleSeadrill asks creditors to write off $4.8 billion of debt
Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85 per cent of its debts in exchange for a 99 per cent stake in the reorganized company. The post Seadrill asks...
View ArticleMODEC president & CEO resigns
Japan’s floating solutions provider MODEC has made changes to its executive management team following the resignation of its president and CEO. The post MODEC president & CEO resigns appeared first...
View ArticleTwo recruitment specialists target drilling sector in Americas
Aberdeen-based recruitment services provider Drillmar has joined forces with JAB Recruitment to provide staffing solutions across the Americas. The post Two recruitment specialists target drilling...
View ArticleMasirah 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...
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