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Reach Subsea charters Olympic duo
Norwegian contractor Reach Subsea has entered into a charter agreement with Olympic Subsea for use of the two subsea vessels Olympic Artemis and Olympic Delta for the 2021 season. The charters also...
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Sea Lion farm-in extended to enable Premier-Chrysaor merger
Rockhopper Exploration and Premier Oil have agreed to extend the exclusivity period for Navitas Petroleum’s farm-in to the Sea Lion project located offshore the Falkland Islands. Rockhopper said on...
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Eco Atlantic lands reissued licences offshore Namibia
Oil firm Eco Atlantic Oil & Gas has successfully negotiated the reissuance of its four licences in the Walvis Basin offshore Namibia conditional to customary final government signature. Eco...
View ArticleExxonMobil opts out of Bass Strait assets sale
U.S. oil and gas major ExxonMobil has called off the potential multibillion-dollar sale of its assets in Australia’s Bass Strait. According to the Australian Financial Review, the decision by the U.S....
View ArticleFifty shades of collaboration in time of energy transition
There is little doubt that the past few years have witnessed the rise of energy-related collaborations to an extent never seen before. This is because cross-industry collaborations seem to be crucial...
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Neptune awards three-year water treatment deal to Separo
Solids control, hazardous waste stream, and wastewater expert Separo has been awarded a three-year contract for the provision of produced water treatment services from Neptune Energy. Separo said on...
View ArticleExxonMobil to write off up to $20 billion of assets in its biggest impairment...
Oil major ExxonMobil will make an impairment charge of $17 billion to $20 billion in the last quarter of the year after removing certain dry gas assets from its development plan and reduce spending...
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Providence inks Barryroe farm-out deal with SpotOn
Irish oil and gas exploration company Providence Resources has signed a farm-out deal with SpotOn Energy for the offshore block in Ireland containing the Barryroe oil and gas discovery. Providence...
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PGS resuming Campos Basin 3D shoot
Seismic contractor PGS said it will continue acquisition of the Campos Deepwater GeoStreamer X multi-client 3D seismic survey with multi-azimuth coverage. In December this year, PGS vessel Ramform...
View ArticleSantos set to reach net-zero decade earlier
Australian energy major Santos has announced its new ambitious emissions reduction targets which will culminate in reaching net-zero by 2040. Santos said on Tuesday that the company was on track to...
View ArticleSeadrill files for voluntary Chapter 11 protection
Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets. Seadrill...
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JFO and First Subsea trial decom solution
Courtesy: First Subsea First Subsea and James Fisher Offshore (JFO) have completed a testing milestone in their joint development of a combined ‘Internal Cut and Lift’ tool. The project is part of an...
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Sapura Drilling’s rig heads for Congo to start drilling for Total
Sapura Energy’s drilling subsidiary has sent one of its rigs on its way to Congo to start drilling work for French oil major Total. Sapura Drilling said via its social media channels that its Sapura...
View ArticleDeep dive into oil and gas exploration – then, now, and ahead
With the oil and gas industry in early stages of pivoting to a lower carbon future, the level of investment drastically shrinking first during the 2014 downturn and then again, even quicker, during the...
View ArticlePetrofac hires Intoware to provide workflow software
Oilfield services provider Petrofac has signed a three-year partnership with workflow automation software provider Intoware to develop and deploy workflow automation software specifically tailored to...
View ArticleRem Offshore finds work for one more PSV with Apache
Norwegian shipping company Rem Offshore has been awarded another contract for a platform supply vessel (PSV) from Apache in the UK North Sea. According to VesselsValue, the company was awarded a...
View ArticleMalaysia probes Aker Solutions over dealings with Petronas
Malaysia’s anti-graft agency has started investigating oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned company Petronas. Reuters, quoting...
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Aker, MAN team up on CCS tech
Aker Carbon Capture and MAN Energy Solutions have signed a technology-cooperation agreement to develop energy-efficient compression solutions for carbon capture and storage (CCS) applications with...
View ArticlePipeshield lands Oz contract with Subsea 7
Subsea 7 has contracted Tekmar’s Pipeshield to supply concrete mattresses for a project in the Bass Strait, Australia. The work scope for the project comprises the manufacturing and transportation of...
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BW agrees VLGC duo sale
BW LPG has entered to sell two very large gas carriers (VLGC) BW Confidence and BW Cedar. Courtesy of BW LPG BW Confidence was built in 2006 and has a carrying capacity of 83,270 cubic meters. The...
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