SBM Offshore secures loan to build Brazil’s largest oil production unit
FPSO operator SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré. The post SBM Offshore secures loan to build Brazil’s...
View ArticleExxonMobil hires PGS for 3D survey offshore Suriname
Petroleum Geo-Services (PGS) has secured a contract with ExxonMobil to undertake a 3D acquisition work offshore Suriname. The post ExxonMobil hires PGS for 3D survey offshore Suriname appeared first on...
View ArticleBW Offshore’s Barossa FPSO equity JV gets regulatory approval
BW Offshore has informed that a JV partnership for the equity financing of the Barossa FPSO has been granted regulatory approval. The post BW Offshore’s Barossa FPSO equity JV gets regulatory approval...
View ArticleExploration well off Guyana on track to reach total depth in December
The Kawa-1 exploration well, located offshore Guyana, is on track to reach total depth in the first half of December 2021. The post Exploration well off Guyana on track to reach total depth in December...
View ArticleCNOOC’s offshore oilfield project starts production
CNOOC Limited has started production at the Bozhong (BZ) 19-4 oilfield comprehensive adjustment project offshore China. The post CNOOC’s offshore oilfield project starts production appeared first on...
View ArticleEni fires up second offshore project in Angola this year
Eni has started production from the Cabaça North development project, in Block 15/06, offshore Angola, via the Armada Olombendo FPSO. The post Eni fires up second offshore project in Angola this year...
View ArticleSeadrill drillship returns for fresh Buckskin well in deepwater Gulf of Mexico
A Seadrill drillship has started drilling ops on LLOG's deepwater project in the Gulf of Mexico. The same rig was used for the initial phase as well. The post Seadrill drillship returns for fresh...
View ArticleIn focus: Converting jack-up rigs and combining offshore wind & hydrogen for...
This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining...
View ArticlePGNiG buying Norwegian assets from Ineos at a reduced price
PGNiG Upstream Norway has just received approval from Norwegian authorities to acquire all assets of Ineos E&P Norge for a reduced price. The post PGNiG buying Norwegian assets from Ineos at a...
View ArticleFugro wraps up geohazard survey offshore Suriname
Fugro has completed a geohazard site investigation programme for TotalEnergies on Block 58 of the Guyana-Suriname Basin. The post Fugro wraps up geohazard survey offshore Suriname appeared first on...
View ArticleIndonesia: Tanker crew arrested over Cambodia’s offshore oil dispute
The owner of Strovolos, the Bahamas-flagged tanker detained in Indonesia over a Cambodian crude oil dispute, has requested the immediate release of the crew members arrested on Saturday. The post...
View ArticleRepsol awards extension to Esvagt vessel on Yme field
Esvagt has won a contract extension with Repsol for standby services, ERRV-services and guard vessel duties on the Yme field in the North Sea. The post Repsol awards extension to Esvagt vessel on Yme...
View ArticleNeptune gains regulatory nod for production drilling on Fenja field
Neptune has received consent from a Norwegian offshore safety authority to use the Deepsea Yantai rig for operations on the Fenja field. The post Neptune gains regulatory nod for production drilling on...
View ArticleTwo offshore sections of Baltic Pipe connected at sea
Saipem's vessel Castoro Sei has connected the two offshore sections of Baltic Pipe at sea, according to the project's update. The post Two offshore sections of Baltic Pipe connected at sea appeared...
View ArticleSentencing hearing in Petrofac bribery case delayed
Petrofac has reached a plea agreement with the UK Serious Fraud Office in relation to its investigation into its historical use of agents. The post Sentencing hearing in Petrofac bribery case delayed...
View ArticleAquadrill drillship lands one-year gig in Gulf of Mexico
Aquadrill, formerly known as Seadrill Partners, has entered into a charter hire agreement with Diamond Offshore to provide a drillship in the Gulf of Mexico. The post Aquadrill drillship lands one-year...
View ArticleAker BP files development plan with fast-track solution for North Sea field
Aker BP has submitted a plan for development and operation (PDO) for the Frosk field to the country's Ministry of Petroleum and Energy. The post Aker BP files development plan with fast-track solution...
View ArticleOdfjell Drilling to bag $20 million from extra well with Equinor
Equinor has added an additional well to a contract for Odfjell Drilling's Deepsea Stavanger, which will see the rig busy into 3Q 2022. The post Odfjell Drilling to bag $20 million from extra well with...
View ArticleBP fires up next phase of expansion project in Gulf of Mexico
Oil major BP has started up its Thunder Horse South Expansion Phase 2 project located in the U.S. Gulf of Mexico. The post BP fires up next phase of expansion project in Gulf of Mexico appeared first...
View ArticleIOG boasts successful flow test at Blythe development well
IOG has flow tested the Blythe development well in the North Sea with gas in place and recoverable volumes in line with prognosis. The post IOG boasts successful flow test at Blythe development well...
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