Clik here to view.
Lundin cleared to drill Barents Sea well
Swedish oil company Lundin Energy has been given a drilling permit to drill the 7219/11-1 well in the Barents Sea, offshore Norway. West Bollsta; Source: Semco Maritime Under the permit, given to...
View ArticleEsvagt to reduce employee pay over COVID-19, oil price drop
Offshore vessel provider Esvagt has decided to streamline its operations and reduce pay to its workers and management to combat the consequences of the decreasing energy prices and COVID-19. Esvagt...
View ArticleClik here to view.
Ghana hoping for new era in upstream by pushing for field unitization between...
The government of West Africa’s Ghana is pushing for a fast-track development of a new oil discovery made by domestic operator Springfield E&P through a unitization agreement between Springfield...
View ArticleBristow and Era set up new leadership team as merger date nears
Offshore helicopter operator Bristow and its peer Era Group have created a new global organization structure and selected the executive leadership team for the combined company. To remind, Bristow and...
View ArticleBorr Drilling gets listing warning from NYSE
Borr Drilling has joined a growing list of offshore drilling contractors facing a possibility of being delisted from the New York Stock Exchange (NYSE) amid a difficult period for the services sector...
View ArticleGo-ahead for Spirit Energy’s Barents Sea drilling plans
Oil and gas company Spirit Energy has been given a permit to drill the 7321/8-2 S well in the Barents Sea, offshore Norway. Under the permit, given to Spirit Energy by the Norwegian Petroleum...
View ArticleClik here to view.
Santos fires starting gun for Dorado FPSO supply competition
Australia’s Santos is pushing forward with its Dorado field development, located in the Bedout Basin offshore Western Australia. The competitive process for the supply of the FPSO has started and a...
View ArticleClik here to view.
Neptune boasts world’s first dual drilling from subsea template
Oil and gas company Neptune Energy has conducted what it claims to be ‘the world’s first’ dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North...
View ArticleIdeol and Kerogen Capital to test waters for offshore wind-powered oil & gas...
Ideol has entered into a Memorandum of Understanding (MoU) with Kerogen Capital to assess the benefits of using offshore wind to power oil & gas platforms. Ideol stated that the focus of the...
View ArticleKBR nets JX Nippon carbon capture contract
Houston-based energy and LNG engineer KBR said Wednesday it has secured a carbon capture contract from Japan’s JX Nippon Oil & Gas Exploration Corporation. Under the master service agreement and...
View ArticleClik here to view.
Yard lockdown pushes back Premier Oil’s project start-up
Oil and gas company Premier Oil has pushed back the expected first gas date from the Tolmount project, located in the Southern North Sea, to the second quarter of 2021. Source: Premier The Tolmount...
View ArticleOdfjell Drilling profit up despite oil price turmoil and COVID-19
Due to the limited impact of the COVID-19 outbreak during the first quarter of 2020, offshore drilling contractor Odfjell Drilling was able to book a higher profit from the one made in the same period...
View ArticleSembcorp Marine’s yard workforce down from 20,000 to 850 due to COVID-19...
Yard workforce employed by Singapore’s offshore builder Sembcorp Marine has been reduced from 20,000 to only 850 workers following movement restriction measures implemented due to the coronavirus...
View ArticleClik here to view.
Mubadala set to kick-off three-well Manora drilling campaign
UAE-based Mubadala Petroleum has decided to drill, complete, and put on production three wells in the Manora field in the Gulf of Thailand. Manora platform; Source: Mubadala According to Tap Oil, a...
View ArticleProsafe contract hangs in the balance as Shell delays Shearwater work
The future of Prosafe’s contract for the Safe Zephyrus flotel with Shell is uncertain following Shell’s decision not to perform its previously planned work at the Shearwater field this year. On 13...
View ArticleClik here to view.
TechnipFMC pipelayer sets new world record
London-based TechnipFMC said that its pipelay vessel Deep Energy has set a new world record for the stiffest pipe ever installed from a Reel-Lay vessel. The landmark was achieved while laying the P1...
View ArticleShelf Drilling books loss over rig impairments, takes action to cut costs
Offshore drilling contractor Shelf Drilling booked a loss of $185 million in the first quarter of 2020 due to rig impairment charges and is taking actions to reduce costs and preserve liquidity amid...
View ArticleClik here to view.
Nortrans ROV vessel on Shell duty off Nigeria
Prince Jameson I; Photo: Nortrans Offshore Singapore-based Nortrans Offshore and its partner in Nigeria have secured a contract with Shell for the ROV vessel Prince Jameson I. The spot charter deal is...
View ArticleClik here to view.
Hornbeck soliciting support for Chapter 11 filing
U.S. offshore vessel operator Hornbeck Offshore Services has launched a solicitation of votes from its lenders and unsecured noteholders in support of a prepackaged Chapter 11 plan of reorganization....
View ArticleBureau Veritas creates new notation for floaters in Brazil
Bureau Veritas (BV), a provider of testing, inspection, and certification (TIC) services, has formalized guidelines and a classification notation for floating, production, storage and offloading...
View Article