In focus: Cross-sector collaborations replacing fossil fuels with green energy
In the face of decarbonisation challenges, presenting a united front seems to be a way around for offshore energy players. During the last week of January, we have witnessed a number of cross-sector...
View ArticleU.S. offshore rig count in idle mode for two weeks in a row
The number of offshore rigs in the U.S. stayed flat at 18 units for two consecutive weeks, according to Baker Hughes’ rig count report. The post U.S. offshore rig count in idle mode for two weeks in a...
View ArticleAker BP building data factory in the cloud to improve productivity
Aker BP has joined forces with Accenture to develop and deploy a cloud-based solution to improve oil and gas operations. The post Aker BP building data factory in the cloud to improve productivity...
View ArticleRegulator assessing Jadestone’s environment plan for drilling off Australia
NOPSEMA is assessing Jadestone Energy’s environment plan for drilling operations at the Stag field, located offshore Western Australia. The post Regulator assessing Jadestone’s environment plan for...
View ArticleFAR ponders takeover bid from Australian investment fund
FAR will contemplate an off-market takeover offer from Samuel Terry Asset Management prior to making a recommendation to its shareholders. The post FAR ponders takeover bid from Australian investment...
View ArticleTotalEnergies selling third of its stake in Greater Laggan Area fields to Kistos
London-listed Kistos is buying interests in several gas fields located West of Shetland from French major TotalEnergies. The post TotalEnergies selling third of its stake in Greater Laggan Area fields...
View ArticleN-Sea targets better subsea solutions with newly chartered vessel
N-Sea Group has signed a long-term vessel agreement with EDT Offshore for an advanced DP-3 multi-purpose offshore support vessel with a track record in subsea services. The post N-Sea targets better...
View ArticleOdfjell Drilling mulls splitting into two groups to think beyond core services
Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo. The post Odfjell Drilling mulls splitting into two groups to...
View ArticleUK oil & gas trade body changing name to reflect drive towards net-zero future
Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS. The post UK oil & gas trade body changing name to reflect drive...
View ArticleThree oil & gas firms gearing up for Norwegian wells in February
Three oil & gas companies have been granted drilling permits by Norwegian authorities for wells in the Norwegian Sea and the North Sea. The post Three oil & gas firms gearing up for Norwegian...
View ArticleSaipem in profit warning as margins deteriorate due to pandemic and rising costs
Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects' margins. The post Saipem in profit warning as margins...
View ArticleMaersk Drilling wins extra work for drillship in Malaysia
Danish offshore drilling contractor Maersk Drilling has secured a contract extension for a drillship operating offshore Malaysia. The post Maersk Drilling wins extra work for drillship in Malaysia...
View ArticleExxonMobil reshuffling business lines and moving HQ to Houston
ExxonMobil is reorganising its business structure to improve effectiveness and reduce costs and moving its headquarters. The post ExxonMobil reshuffling business lines and moving HQ to Houston appeared...
View ArticleFresh well lined up for Stena rig in North Sea
Offshore drilling contractor Stena Drilling has secured a new contract with Petrofac for operations in the UK North Sea. The post Fresh well lined up for Stena rig in North Sea appeared first on...
View ArticleJDR’s subsea umbilicals to help Beach increase Otway gas production
JDR Cable System, a subsea technologies provider owned by TFKable Group, has secured a contract with Australian Beach Energy to deliver subsea umbilicals for the Otway Basin off the Victorian...
View ArticleEquinor unveils key document for Barents Sea project with development plan...
Equinor has presented an impact assessment for the development and operation of Wisting development located in the Barents Sea off Norway. The post Equinor unveils key document for Barents Sea project...
View ArticleNew boss joins McDermott to forge a new path
U.S. offshore engineering and constructions services player McDermott has named a new president and chief executive officer. The post New boss joins McDermott to forge a new path appeared first on...
View ArticleExploration hotspot – Guyana well results reinforce belief in...
CGX Energy and Frontera Energy have made a discovery at the Kawa-1 well located in the Corentyne block offshore Guyana. The post Exploration hotspot – Guyana well results reinforce belief in...
View ArticleExxonMobil profit soars on the back of higher oil & gas prices
ExxonMobil booked a profit in the last quarter of 2021 amid a significant increase in revenues driven by a rebound in oil and gas prices. The post ExxonMobil profit soars on the back of higher oil...
View ArticleOdfjell rig starts Equinor gig
An Odfjell Drilling-owned semi-submersible rig has started its contract with Equinor, making it the third Odfjell rig to work for Equinor. The post Odfjell rig starts Equinor gig appeared first on...
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