SBM Offshore moves to sell DSCV SBM Installer
Dutch SBM Offshore is preparing to sell the DSCV SBM Installer by acquiring the entire stake in a company holding the vessel, which is jointly owned with Ocean Yield. SBM Offshore is the long-term...
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Africa Energy boosts interest in Total’s South African block
Africa Energy has signed definitive agreements to increase its effective interest in the Total-operated Block 11B/12B, located offshore South Africa, from 4.9 per cent to 10 per cent. As part of the...
View ArticleWoodmac: Turkey’s Tuna-1 discovery could be transformational
A gas discovery of the scale of Turkey’s Tuna-1 find in the Black Sea, if developed, would be transformational for the country, given its overwhelming reliance on imports and crippling energy import...
View ArticleNoble Energy shareholders get the date for Chevron merger vote
Noble Energy has scheduled a special meeting of shareholders for the approval of its merger with Chevron following the clearance of one of the regulatory hurdles. Noble Energy informed on Monday that...
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Gulf of Mexico operators evacuating workers due to storm Marco. Awaiting...
Oil and gas operators in the U.S. Gulf of Mexico have evacuated over 40 per cent of production platforms as a result of Tropical Storm Marco and ahead of the arrival of a second storm – Tropical Storm...
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Shell closes farm-in deal for two UK licences with Egdon
Location of the licences; Source: Egdon Shell has completed a farm-in agreement with Egdon Resources in respect of offshore licences P1929 and P2304, which contain the Resolution and Endeavour gas...
View ArticleLundin Energy picks new chief operating officer
Swedish oil company Lundin Energy has named a new chief operating officer (COO) of the company after the previous COO was promoted to the chief executive officer (CEO) role. Lundin said that it named...
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Melbana sees increase in Beehive prospect reserves
Melbana Energy has reported a modest increase in the best estimate prospective resource of the Beehive prospect, located in WA-488-P offshore Australia. Melbana holds a 100 per cent interest in the...
View ArticleACE Winches completes Karish work in Israel
ACE Winches, a Balmoral Group company, has completed a shore-pull project for a 2.7km 30” gas sales export pipeline for the Karish gas development field in the south-east Mediterranean Sea, offshore...
View ArticleNYSE to delist Valaris stock following Chapter 11 filing
Offshore drilling contractor Valaris has received a notice of immediate suspension of trading and delisting of common stock from the New York Stock Exchange (NYSE). According to Valaris’ statement...
View ArticleGC Rieber delivers Polar King to new owner
GC Rieber Shipping has delivered IMR vessel Polar King to the new owner. The company entered into the sale agreement for the vessel last week. GC Rieber did not reveal the name of the buyer. The Polar...
View ArticleKrisEnergy’s Apsara platform on its way to Gulf of Thailand
KrisEnergy’s minimum facilities wellhead platform (Mini-Platform) for the Apsara oil development offshore Cambodia Block A has been completed and the topsides and jacket are being transported to...
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Hurricane Laura biggest threat to U.S. oil since Katrina
The U.S. energy industry is preparing to be hit by Hurricane Laura which could cut crude production at a rate approaching the level of 2005’s Hurricane Katrina and stop oil refining at plants along...
View ArticleFugro to provide ROV services for Petrobras in Brazil
Fugro has, in partnership with Solstad and Oceanpact, been awarded three long-term contracts by Petrobras to provide remotely operated vehicle (ROV) services for a variety of subsea activities in...
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Norwegian oil output in July above NPD prediction
Norwegian oil production in July has risen above predictions made by the Norwegian Petroleum Directorate (NPD) after June’s numbers were below expectations. According to the directorate’s report on...
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Greenpeace strikes again in protest against Shell’s Brent decom plans
Greenpeace activists from Germany have launched a protest in the North Sea to call out Shell’s plans to abandon an estimated 11,000 tonnes of oil in the sea. CREDIT © Marten van Dijl – Greenpeace...
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McDermott lands FEED job for gas pipeline in Vietnam
U.S. engineering and construction services provider McDermott has been awarded a contract by Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea gas pipeline in...
View ArticleNo objection from FAR to Cairn’s Sangomar sale to Lukoil
Australian oil and gas company FAR Limited has decided not to object Cairn Energy’s proposed sale of a working interest in the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD)...
View ArticlePolarcus in new XArray project in West Africa
Polarcus has secured an XArray 3D marine seismic acquisition project in West Africa. The project is planned to start in October 2020. The project is expected to have a duration of approximately two...
View ArticleShearwater gets CGG 3D survey award in Norway
Shearwater GeoServices has received an award by CGG for a 3D survey in Norway. The Northern Viking Graben (NVG) multi-client survey, which has already started, will take approximately one month to...
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