Pemex, Hokchi negotiating over unitization of shared offshore reservoir
Mexican national oil company Pemex and Hokchi Energy have begun the first stage of unitization negotiations over a possible offshore shared reservoir in the southern Gulf of Mexico. Mexico’s energy...
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UK: OGA offers offshore blocks to 65 firms as gov’t launches review into...
Illustration; Source: OGA The UK’s Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the 32nd Offshore Licensing Round. Meanwhile,...
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U.S. Gulf of Mexico production still down in Hurricane Laura aftermath
Operations in the Gulf of Mexico are returning to normal in the aftermath of Hurricane Laura with just below 20 per cent of oil and gas production still shut-in. The U.S. Bureau of Safety and...
View ArticleWintershall Dea cheers fresh Nova milestone with most of subsea hardware now...
German oil and gas company Wintershall Dea has completed another milestone for its operated Nova project, which is located offshore Norway, following the installation of the risers on the North Sea...
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Shell keeps Prosafe rig but defers Shearwater job for 2021
Safe Zephyrus; Source: Prosafe Offshore accommodation rig provider Prosafe and oil major Shell have agreed to defer and amend the contract for the Safe Zephyrus to provide accommodation services in...
View ArticleNinian Northern topside set for decommissioning at Lerwick port
The 14,200-tonne Ninian Northern topside has been loaded onto its final resting place – the Dales Voe decommissioning pad at Lerwick Harbour. The Ninian Northern Topside arrived from the North Sea...
View ArticleSapuraOMV’s Malaysian gas development now on stream
SapuraOMV Upstream has started production from its operated Bakong gas field project under the SK408 Production Sharing Contract (PSC) in Malaysia. The production phase started in June 2020. This...
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Panther ROV inspects Gulf of Mexico pipelines
Survey and ROV services operator ACSM selected electric Saab Seaeye Panther XT vehicle for pipeline inspection in Gulf of Mexico. The Panther inspected 261 pipelines totalling 2,340 kilometres in four...
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OPEC postpones Diamond Anniversary in Baghdad
The festivities scheduled for OPEC’s 60th Anniversary, originally scheduled for later this month in Baghdad, Iraq, where the organization was founded, have been postponed. Source: OPEC OPEC, or the...
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C-Innovation wraps up Mad Dog Spar work
C-Innovation has installed several stem clamps for BP beneath the Mad Dog Spar in the Gulf of Mexico. For the purpose of the project, C-I used its subsea inspection, maintenance and repair and ROV...
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ARO Drilling names new chief executive officer
ARO Drilling, a Saudi-focused offshore drilling joint venture between oil and gas giant Saudi Aramco and Valaris, has named a new chief executive officer (CEO) of the company. ARO Drilling said via...
View ArticleNBO umbilical for CNOOC’s Lufeng
Ningbo Orient Cable (NBO) said it has won another contract for high voltage umbilical project on China National Offshore Oil Corporation (CNOOC) Lufeng 22-1 oilfield redevelopment project. First...
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Kato Energy submits proposal for Amulet offshore project
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has invited public comments for Kato Energy’s proposal for the development of the Amulet field and...
View ArticleSpirit Energy, Premier Oil pick up UK acreage in licensing round
Premier Oil and Spirit Energy have added a total of 14 new blocks to their UK North Sea portfolio in OGA’s 32nd Offshore Licensing Round. Spirit Energy said on Friday that, due to the high...
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Petronas drops to loss as LNG sales slip
Malaysian energy giant Petronas dropped to a loss in the first six months of the year. The company noted the results reflect the uncertainties faced by the oil and gas industry as it was further...
View ArticleAGS inks Utsira data licensing deal
Axxis Geo Solutions (AGS) has entered into a data licensing agreement with an undisclosed international oil company. The late sale is related to the company’s OBN seismic data library over Utsira in...
View ArticleWoodside buys Cairn’s Sangomar stake
Australian energy company Woodside has entered into a binding sale and purchase agreement to acquire Cairn’s entire participating interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep...
View ArticleBorr Drilling hit with fresh NYSE listing warning
Offshore drilling contractor Borr Drilling has received its second continued listing standard warning from the New York Stock Exchange (NYSE) in a span of three months. The first one was received last...
View ArticleU.S. weekly offshore rig count up to 15
The number of offshore rigs in the U.S. climbed up by two units over the last week, according to a report by Baker Hughes Company. Baker Hughes Rig Count: U.S. +2 at 256 rigs U.S. Rig Count is up 2...
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Worldwide offshore rig count in August down 74 units year over year
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes. Baker Hughes splits its report into an...
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