Shell in major cost-cutting drive as it gears up for energy transition
Oil major Shell has launched a major cost-cutting drive to save cash and overhaul its business in preparation for the energy transition. According to a Reuters report on Monday, Shell is looking to...
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BP to begin Ironbark drilling in late October
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has provided final approvals to BP for drilling of the Ironbark-1 well. Cue Energy, one of the partners...
View ArticleAker BP taps Odfjell Drilling for more rig work
Oil and gas company Aker BP has awarded further work to the Odfjell Drilling-owned Deepsea Stavanger rig, scheduled to be done upon the rig’s return from a gig in South Africa with Total. Aker BP and...
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DOF Subsea nets new Asia Pacific deals
Oslo-listed DOF Subsea has secured two contracts in the Asia Pacific region, securing backlog for the onshore team and offshore fleet. The first project involves saturation diving campaign. It will...
View ArticleRegulator issues order following ‘West Mira’ disconnection incident
Norwegian offshore safety regulator, the Petroleum Safety Authority (PSA), has completed its investigation of the incident on West Mira rig where the lower marine riser package (LMRP) was...
View ArticleSentinel Marine: Last of nine newbuild vessels arrives in Aberdeen
The Malin Sentinel, the final newbuild vessel of nine in a £150m investment programme by Sentinel Marine, has arrived in Aberdeen. Sentinel Marine, a Scottish offshore support vessel provider, placed...
View ArticleStena Drilling lands drillship deal with Repsol in Mexico
Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico. Stena Drilling said in a social media update on Monday that its...
View ArticleSeaBird wins Gulf of Mexico OBN source contract
Oslo-listed seismic player SeaBird Exploration has received a letter of award for an OBN source contract in the Gulf of Mexico. The contract will start in Q4 2020 with an expected duration of about...
View ArticleBP rides the wave of digitalization with reduction in operating costs and...
Oil and gas industry has always been at the forefront of innovation; how else would it be possible to extract oil from the harsh and deepwater environments around the world if not through an innovative...
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Vantage Drilling secures more jack-up rig work
Emerald Driller jack-up rig; Source: Vantage Drilling Offshore drilling contractor Vantage Drilling has secured more work for two of its rigs operating in Indonesia and Qatar. According to Vantage’s...
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Energy transition could force majors to sell or swap $100B in oil and gas assets
To adjust and transform to cleaner sources of energy, the world’s largest oil and gas firms could sell or swap oil and gas assets of more than $100 billion, Rystad said. Rystad said on Tuesday that...
View ArticleMorrison wins GoM decom work with Hoactzin
Louisiana-based contractor Morrison has won a contract from Hoactzin for a turnkey decommissioning project in shallow waters of the Gulf of Mexico. Specifically, Morrison will be responsible for the...
View ArticleBOEM, BSEE looking to boost Gulf of Mexico oil and gas output
The Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) are advancing research regarding policies which could help increase oil and gas production...
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Neptune makes first step in offshore execution of North Sea project
Neptune Energy and its joint venture partners BP and JAPEX have started the subsea construction phase of the Seagull tie-back project, which is located in the UK North Sea. Neptune Energy sanctioned...
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OGA names Central North Sea area manager
The UK’s Oil and Gas Authority (OGA) has appointed a new area manager for the Central North Sea which, starting the role in September 2020. OGA said on Tuesday that it named Andy Brooks as its Central...
View ArticleShell teams up with Microsoft in push to lower carbon emissions
Oil major Shell and tech giant Microsoft are embarking on a new strategic alliance to support progress towards a world with net-zero emissions. Joining other oil majors like BP and Equinor, Shell...
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Interventek scoops up Baker Hughes contract
Credit: Interventek Subsea systems technology specialist Interventek has secured an initial eight-figure contract from Baker Hughes. Specifically, the deal will see Interventek supply multiple API-17G...
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Petrobras hits hydrocarbons in Campos Basin well
Brazilian oil and gas giant Petrobras has identified the presence of hydrocarbons in the pioneer well of block C-M-657, located in the pre-salt of the Campos Basin. Block C-M-657 map; Source:...
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World’s 1st shallow-draught icebreaking walk-to-work vessel to get Schottel...
German propulsion expert Schottel has been awarded a contract to supply Dutch shipyard Royal Niestern Sander with thrusters for a new shallow-draught vessel. Image Courtesy: Schottel The shipyard is...
View ArticleEidesvik scores one-year extension for Viking Lady PSV
Offshore vessel operator Eidesvik Offshore has been awarded a contract extension for its Viking Lady platform supply vessel. Eidesvik said on Wednesday that the extension for the Viking Lady was...
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