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UK decommissioning costs fall but sector urged to pick up speed

UK's OGA has revealed that the decommissioning cost estimate has fallen to £46 billion (about $63.7 billion), the fourth year-on-year fall. The post UK decommissioning costs fall but sector urged to...

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McDermott secures subsea job on Bayu-Undan field

McDermott International has secured a subsea engineering, procurement, construction and installation (EPCI) contract with Santos for the Bayu-Undan infill well Phase 3C project in the Timor Sea. The...

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Solstad secures 1,000 vessel days with new deals and extensions

Norwegian offshore vessel owner Solstad Offshore has secured multiple new medium-term contracts and contract extensions for its vessels. The post Solstad secures 1,000 vessel days with new deals and...

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Hot streak for Valaris continues with new Saudi Aramco deal

The trend of winning new deals and extensions continues for offshore drilling contractor Valaris following another extension for one of its jack-up rigs. The post Hot streak for Valaris continues with...

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Pioneering Spirit vessel installs new Buzzard module for CNOOC – gallery

CNOOC International has confirmed that the heavy lift of the Buzzard Phase II topside module onto the Buzzard ‘P’ platform was completed, using the Pioneering Spirit. The post Pioneering Spirit vessel...

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SeaBird inks LOI for Fulmar Explorer

Seismic firm SeaBird Exploration has signed a letter of intent (LOI) for a source vessel […] The post SeaBird inks LOI for Fulmar Explorer appeared first on Offshore Energy.

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Baltic Pipe construction at full throttle with 50km done

Saipem’s pipelay vessel Castorone has installed 50 kilometers of the gas pipeline for the Baltic […] The post Baltic Pipe construction at full throttle with 50km done appeared first on Offshore Energy.

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Covid-19 outbreak hits Shell’s North Sea hub

An outbreak of Covid-19 on a Shell-operated field off the UK has forced the oil major to remove dozens of workers from the North Sea hub. The post Covid-19 outbreak hits Shell’s North Sea hub appeared...

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Maersk rig gets more Martin Linge work

Maersk Drilling has secured an extended well intervention scope with Equinor off Norway for the low-emission rig Maersk Intrepid. The post Maersk rig gets more Martin Linge work appeared first on...

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PetroRio closes Wahoo field stake buy from TotalEnergies

Brazilian oil and gas company PetroRio has completed the acquisition of interest in the BM-C-30 block containing the Wahoo field offshore Brazil from French oil major TotalEnergies. The post PetroRio...

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Western Gas gearing up to drill Australian gas prospect with Valaris rig

Western Gas has filed its environment plan for the drilling of the Sasanof exploration well and secured a Valaris-owned semi-sub rig. The post Western Gas gearing up to drill Australian gas prospect...

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Ineos, Petroineos to store 1 mln tonnes of CO2 at Acorn project by 2027

The Acorn Project partners – Storegga, Shell, and Harbour Energy – have signed a memorandum of understanding (MOU) with Ineos and Petroineos at Grangemouth to develop Scotland’s first carbon capture...

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Aker Solutions, Subsea 7 to supply subsea equipment for KEG project

Aker Solutions and Subsea 7 have secured subsea scope contracts with Aker BP for […] The post Aker Solutions, Subsea 7 to supply subsea equipment for KEG project appeared first on Offshore Energy.

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Eni applies to $1.4 billion UK CCS development fund

Italian oil major Eni has applied to a UK Government tender process for funds for the development of carbon capture and storage projects. The post Eni applies to $1.4 billion UK CCS development fund...

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More days added to Prosafe unit operating at Buzzard

Prosafe has been awarded more work for one of its units for operations on the CNOOC Petroleum-operated asset off the UK. The post More days added to Prosafe unit operating at Buzzard appeared first on...

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In focus: Bridging the gaps in hydrogen technologies

A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals. The post In focus: Bridging the gaps in hydrogen...

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Petronas chairman retires. Replacement named

Chairman of Malaysian oil major Petronas will be retiring from the company and its board after serving his three-year term. The post Petronas chairman retires. Replacement named appeared first on...

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Self-isolation for workers on North Cormorant platform due to Covid-19 cases

TAQA has flown some of its workers from the North Cormorant platform to shore while others are waiting to be evacuated. The post Self-isolation for workers on North Cormorant platform due to Covid-19...

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Bristow scores extensions from Equinor, Shell, Neptune

Houston-based offshore helicopter operator Bristow Group has won four separate two-year contract extensions through April 2024 with Equinor, Shell, and Neptune. The post Bristow scores extensions from...

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Valaris floater clinches 16-well contract with Woodside

Offshore drilling contractor Valaris has been awarded a 16-well contract with Woodside for operations offshore Australia. The post Valaris floater clinches 16-well contract with Woodside appeared first...

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