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Stena Drilling mulls option to buy new drillship from Samsung Heavy

Stena Drilling has revealed an agreement with South Korea's Samsung Heavy Industries related to an option to buy a newbuild drillship. The post Stena Drilling mulls option to buy new drillship from...

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New charter extension for Prosafe unit

Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units for operations in Trinidad and Tobago. The post New charter extension for Prosafe unit appeared first...

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Aker Solutions to reuse existing equipment for new Asgard subsea compression...

Aker Solutions has secured a contract with Equinor to deliver engineering, procurement and construction (EPC) of a subsea compression module to be installed at the Åsgard gas field offshore Norway. The...

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NEO Energy gains access to key North Sea hubs after closing ExxonMobil deal

HitecVision-backed NEO Energy has finally completed the acquisition of ExxonMobil's non-operated oil and gas assets in the North Sea. The post NEO Energy gains access to key North Sea hubs after...

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No traces of petroleum for PGNiG in Norwegian Sea well

PGNiG is in the process of concluding the drilling of a wildcat well in the Norwegian Sea, as the well turned out to be dry. The post No traces of petroleum for PGNiG in Norwegian Sea well appeared...

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Petrobras rehires Skandi Santos

Petrobras has awarded Akastor’s affiliate AKOFS Offshore with a three-year contract for its subsea […] The post Petrobras rehires Skandi Santos appeared first on Offshore Energy.

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Dibowitz goes from interim to permanent CEO role at Valaris

Offshore drilling contractor Valaris has appointed Anton Dibowitz as President and Chief Executive Officer, effective immediately. The post Dibowitz goes from interim to permanent CEO role at Valaris...

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Perenco takes over mature Gabon fields from TotalEnergies

French energy major TotalEnergies has concluded the sale of its portfolio of mature non-operated assets located offshore Gabon to Perenco. The post Perenco takes over mature Gabon fields from...

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Sapura Energy facing cash flow and liquidity issues

Malaysian oilfield services provider Sapura Energy is facing cash flow and liquidity issues exacerbated by the Covid-19 pandemic. The post Sapura Energy facing cash flow and liquidity issues appeared...

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Shell keen to unlock full potential of Gulf of Mexico discoveries

Shell has made a discovery at a prospect in the Gulf of Mexico, providing an opportunity to increase the output in the Perdido Corridor. The post Shell keen to unlock full potential of Gulf of Mexico...

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Danish govt bankrolls two projects for CO2 storage in North Sea

Denmark's government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea. The post Danish govt bankrolls two projects for CO2 storage in...

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Lamprell adds ex-Vestas COO to its board

Lamprell has appointed a former COO of Vestas as an independent non-executive director after its current one tendered his resignation. The post Lamprell adds ex-Vestas COO to its board appeared first...

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Lundin gets green light for exploration drilling off Norway

Lundin has received consent from the offshore regulator to use the Deepsea Stavanger rig for exploration drilling in the Norwegian Sea. The post Lundin gets green light for exploration drilling off...

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Norwegian energy trio joins in on Polaris CCS project

Norwegian energy companies Horisont Energi, Equinor, and Vår Energi have agreed to collaborate on the development of the carbon transportation and storage project Polaris, off the coast of Northern...

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TechnipFMC scores flexible pipe trifecta with Petrobras

TechnipFMC has signed three frame agreements with Petrobras for the manufacture of more than 500 kilometers of flexible pipe over the next four years in Brazil, as well as other services. The post...

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John Fredriksen firm takes interest in Valaris

Billionaire John Fredriksen's Seatankers Group has acquired an interest in Seadrill's rival offshore drilling contractor Valaris. The post John Fredriksen firm takes interest in Valaris appeared first...

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Lukoil and Petronas change Shah Deniz deal due to pre-emption by partners

Lukoil and Petronas have changed their previous agreement related to Lukoil's acquisition of an interest in the Shah Deniz project. The post Lukoil and Petronas change Shah Deniz deal due to...

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Toil and trouble for Transocean drillship while on Shell job

A Transocean-owned drillship has experienced two operational incidents while working in the U.S. Gulf of Mexico for Shell. The post Toil and trouble for Transocean drillship while on Shell job appeared...

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Talos to review board composition after three members step down

Talos has revealed plans to review the composition of its board following the resignation of representatives from Apollo and Riverstone. The post Talos to review board composition after three members...

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Neptune Energy to ring in the new year with new CEO

Neptune Energy has revealed the name of its new CEO, who will take over the role after the current one retires at the end of the month. The post Neptune Energy to ring in the new year with new CEO...

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