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Velesto 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...

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Axess to provide offshore support services to Altera FPSOs

Axess Group, an asset integrity management company, has signed an offshore support services contract with Altera Infrastructure. The post Axess to provide offshore support services to Altera FPSOs...

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Equinor’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...

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Aban 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...

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TechnipFMC’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.

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Transocean 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...

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Sembcorp 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...

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Valaris 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...

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Wintershall 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...

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Shelf 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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Saipem chairman takes on chief executive role

Italian oilfield services provider Saipem has appointed the current chairman of the company as its new chief executive officer (CEO). The post Saipem chairman takes on chief executive role appeared...

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FutureOn digital twin software backs Aker BP’s subsea activities

Aker BP has awarded FutureOn with a contract for its digital twin software with […] The post FutureOn digital twin software backs Aker BP’s subsea activities appeared first on Offshore Energy.

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NEO Energy to halve carbon intensity per barrel by 2030

NEO Energy has revealed a set of ambitions to reduce its carbon emissions as part of the energy transition plans. The post NEO Energy to halve carbon intensity per barrel by 2030 appeared first on...

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Aker Solutions reveals good figures in 2021 start

Aker Solutions has reported growth in both earnings and order intake in the first […] The post Aker Solutions reveals good figures in 2021 start appeared first on Offshore Energy.

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BHP produces first oil from Ruby project

Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago. The post BHP produces first oil from Ruby project appeared first on...

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Disappointing result for BW in Gabon appraisal well

BW Energy has not encountered hydrocarbons in the target Gamba reservoir of its Hibiscus Extension appraisal well off Gabon. The post Disappointing result for BW in Gabon appraisal well appeared first...

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Shelf Drilling clinches 10-year rig job

Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf. The post Shelf Drilling clinches 10-year rig job appeared...

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COSL Drilling made exclusive rig provider for OKEA

A four-year-long frame contract has been signed by COSL Drilling Europe with OKEA for the use of COSL's rigs in Norway. The post COSL Drilling made exclusive rig provider for OKEA appeared first on...

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Serica Energy extends Bruce field life to 2030

UK oil and gas company Serica Energy has extended the life of its flagship Bruce field in the North Sea through to 2030. The post Serica Energy extends Bruce field life to 2030 appeared first on...

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Australia to see 118 oil and gas project starts by 2025

Australia is expected to witness the start of 118 oil and gas projects’ operations from 2021 to 2025, according to data and analytics company GlobalData. The post Australia to see 118 oil and gas...

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