Shell to appeal ‘historical’ Dutch court ruling on emissions cuts
Oil major Shell has confirmed it will appeal a ruling issued by a Dutch court ordering the energy company to accelerate its carbon emission reduction target. The post Shell to appeal ‘historical’ Dutch...
View ArticleBHP considering options for oil and gas. Exit might be on the cards
Australian oil and gas company BHP is considering what to do with its oil and gas assets with one of its options being a sale, as the firm is looking to focus on a low-carbon economy. The post BHP...
View ArticleHarbour Energy cuts guidance after electrical issues delay Tolmount first gas
Harbour Energy has had to lower its output guidance for 2021 as the first gas from its Tolmount field in the North Sea has been postponed. The post Harbour Energy cuts guidance after electrical issues...
View ArticleFugro hired for subsea inspection of Neptune’s Cygnus field
E&P company Neptune Energy has selected Fugro for subsea inspection of its Cygnus field in the UK’s southern North Sea. The post Fugro hired for subsea inspection of Neptune’s Cygnus field appeared...
View ArticleNorway: June oil output below NPD predictions
Norway’s oil production in July 2021 was 3.6 per cent below predictions made by the Norwegian Petroleum Directorate (NPD). The post Norway: June oil output below NPD predictions appeared first on...
View ArticleCNOOC brings online another oilfield off China
CNOOC Limited has started production from its Luda 29-1 oilfield, which is located in the Bohai Sea offshore China. The post CNOOC brings online another oilfield off China appeared first on Offshore...
View ArticleRival drillers eye Seadrill assets amid restructuring efforts
Rival offshore drilling contractors are reportedly looking to buy the assets of bankrupt Seadrill Limited, controlled by John Fredriksen. The post Rival drillers eye Seadrill assets amid restructuring...
View ArticleTotalEnergies and Technip to decarbonise LNG and offshore facilities
French energy major TotalEnergies and energy transition company Technip Energies have teamed up to decarbonise LNG plants and offshore facilities for the energy transition push. The post TotalEnergies...
View ArticleBaker Hughes posts 2Q loss despite signs of global economic recovery
Oilfield services provider Baker Hughes has reported a loss in the second quarter of the year although the company did book an increase in orders and revenues. The post Baker Hughes posts 2Q loss...
View ArticleMore work for Floatel as Equinor books Victory
Floatel has secured another contract for one of its units, this time with Norway's Equinor for operations in Brazilian waters. The post More work for Floatel as Equinor books Victory appeared first on...
View ArticleAquadrill mulls appeal after losing dispute against BP
Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract. The post Aquadrill mulls appeal after losing dispute against BP...
View ArticleSarawak Basin seismic survey set for October
The consortium of PGS, TGS and Schlumberger’s WesternGeco has secured pre-funding for a 6,400 […] The post Sarawak Basin seismic survey set for October appeared first on Offshore Energy.
View ArticleHess reduces GHG emissions in 2020. New targets set for 2025
U.S. oil and gas company Hess Corporation has outperformed its five-year targets to reduce greenhouse gas emissions and set new targets for 2025. The post Hess reduces GHG emissions in 2020. New...
View ArticleTransocean finds work for five drillships and four semi-subs
Transocean has secured new contracts for five drillships and four semi-submersible rigs but also received a termination for one of the rigs. The post Transocean finds work for five drillships and four...
View ArticleWoodside shareholders not happy as report links it to BHP oil and gas assets buy
An unsourced media report in The Australian claimed that Australia’s energy major Woodside was negotiating to buy some or all of BHP’s oil and gas assets. The post Woodside shareholders not happy as...
View ArticleBorr to add nearly $16 million in revenues with new deal in Mexico
Offshore drilling contractor Borr Drilling has received a letter of award from an international oil company for additional work in Mexico. The post Borr to add nearly $16 million in revenues with new...
View ArticleShell cheers first gas from Trinidad and Tobago project
Shell has started production from Block 5C in the East Coast Marine Area, also known as project Barracuda, located in Trinidad and Tobago. The post Shell cheers first gas from Trinidad and Tobago...
View ArticleSapura scores new deals worth over $284 million
Malaysia's Sapura Energy has secured new contracts and extensions in Malaysia and Thailand with a combined value of $284.2 million. The post Sapura scores new deals worth over $284 million appeared...
View ArticlePetrobras 2Q production on par with last year regardless of ramp-ups on two...
Brazil’s state-owned oil major Petrobras had an average production of 2.754 million barrels of oil equivalent a day in the second quarter, an increase from the first quarter but a minor decline when...
View ArticleAwilco to challenge tribunal decision over UK tax bill
Awilco Drilling has lost an appeal over a £6.8 million tax bill, arising from the termination of a drilling contract for one of its rigs. The post Awilco to challenge tribunal decision over UK tax bill...
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