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PetroRio finds more oil on Polvo field off Brazil

Brazilian oil and gas company PetroRio has struck oil during the drilling of the Eocene reservoir at the Polvo field located offshore Brazil. The post PetroRio finds more oil on Polvo field off Brazil...

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Shelf Drilling sees encouraging signs of improving jack-up market

Shelf Drilling is seeing encouraging signs of an improving jack-up market with an increase in the global number of contracted jack-ups. The post Shelf Drilling sees encouraging signs of improving...

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Dolphin rig to drill HPHT well for Wellesley

Dolphin Drilling has secured a Letter of Intent with Wellesley Petroleum for the drilling of an HPHT exploration well on the NCS. The post Dolphin rig to drill HPHT well for Wellesley appeared first on...

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Carnarvon set to drill Buffalo well in fourth quarter of 2021

Australian oil exploration company Carnarvon Petroleum has decided that the drilling of the Buffalo-10 well offshore Timor-Leste would occur in the fourth quarter of 2021. The post Carnarvon set to...

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BOSS autonomous seismic survey vehicle wraps up sea trials

Blue Ocean Seismic Services (BOSS) has completed sea trials for a test prototype version […] The post BOSS autonomous seismic survey vehicle wraps up sea trials appeared first on Offshore Energy.

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Vaalco hedges part of production for drilling and FSO upgrade costs

Houston-based Vaalco Energy is hedging a portion of its production to protect cash flows, which will be used for its drilling campaign and the potential floating storage and offloading unit capital...

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Shell makes ‘significant’ oil find in U.S. Gulf of Mexico

Shell Offshore, a subsidiary of supermajor Shell, has made a ‘significant’ oil discovery in the deepwater region of the U.S. Gulf of Mexico. The post Shell makes ‘significant’ oil find in U.S. Gulf of...

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DOF Subsea lands multiple North Sea contracts

DOF Subsea has acquired multiple contracts for execution in the North Sea, including a number of subsea projects with inspection, maintenance & repair (IMR), construction, and decommissioning...

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Canada backs project powering oil & gas assets with floating wind

Canadian government has awarded funding to several projects that could help reduce greenhouse gas […] The post Canada backs project powering oil & gas assets with floating wind appeared first on...

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Maersk rig lands more Suriname work with Total

Offshore drilling contractor Maersk Drilling has secured a one-well contract extension for one of its rigs with Total in Suriname. The post Maersk rig lands more Suriname work with Total appeared first...

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TGS kicks off Pelotas Basin phase 3 2D survey

TGS has commenced the 2D multi-client phase 3 survey in the Pelotas Basin offshore […] The post TGS kicks off Pelotas Basin phase 3 2D survey appeared first on Offshore Energy.

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BW Offshore chooses APL’s STP system for Barossa FPSO

FPSO operator BW Offshore has hired APL, part of NOV’s completion and production solutions segment, for the supply of a large, submerged turret production (STP) system for the FPSO to be deployed at...

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Petrofac CFO set to leave. Replacement already named

The chief financial officer (CFO) of oilfield services provider Petrofac has advised the company of his intention to leave and take up a new role outside of the group. The post Petrofac CFO set to...

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Shearwater secures more work for Petrobras offshore Brazil

Shearwater GeoServices has secured a contract by Petrobras to carry out 3D and 4D […] The post Shearwater secures more work for Petrobras offshore Brazil appeared first on Offshore Energy.

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Zenith Energy buys Candax Energy’s acreage in Tunisia

Canadian oil and gas company Zenith Energy has completed the acquisition of Candax Energy’s Barbados-based subsidiary Ecumed Petroleum Tunisia and with it two licenses in the African nation. The post...

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TGS and Horisont Energi cooperating on carbon capture and storage

TGS has signed a Memorandum of Understanding (MoU) with carbontech start-up Horisont Energi to […] The post TGS and Horisont Energi cooperating on carbon capture and storage appeared first on Offshore...

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Australia stuns with abandoned fields decom costs levy

The Australian oil industry was stunned by the government’s decision to levy the estimated $200 million cost of decommissioning Laminaria-Corallina oil fields in the Timor Sea. The post Australia stuns...

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After 21 years in North Sea, Petrojarl Banff FPSO ready for recycling – gallery

The Petrojarl Banff FPSO is now moored alongside the MARS quayside in Denmark in preparation for green recycling. The post After 21 years in North Sea, Petrojarl Banff FPSO ready for recycling –...

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Spotlight on major projects in carbon capture realm

Carbon capture utilization and storage has gained momentum in the last couple of years as energy transition talks and plans intensified. The post Spotlight on major projects in carbon capture realm...

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Shell taps Dayang for topside maintenance off Malaysia

Malaysia's services provider to the oil and gas industry Dayang Enterprise has won a contract with two Shell subsidiaries for the provision of topside maintenance services offshore Malaysia. The post...

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