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Shelf Drilling sells jack-up rig to ADNOC Drilling

Offshore drilling firm Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling. The post Shelf Drilling sells jack-up rig to ADNOC Drilling appeared first on Offshore Energy.

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​Shearwater secures 3D contract offshore India

Seismic exploration company Shearwater GeoServices has won a contract by ONGC to provide a 3D broadband marine seismic acquisition services in the Western Offshore India area. The post ​Shearwater...

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GMS snaps up two vessel extensions in UAE

Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels to the offshore energy industry, has won contract extensions for two K-Class (small) vessels. The post GMS snaps...

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Shell to write down oil and gas assets value by as much as $4.5 billion

Oil major Shell said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook. The post Shell to...

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Eni to operate one of Abu Dhabi’s largest offshore exploration concessions

Eni has signed a concession agreement for the acquisition of a 70% stake in a block off Abu Dhabi, leading a consortium including Thailand’s PTTEP. The post Eni to operate one of Abu Dhabi’s largest...

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ConocoPhillips makes ‘significant’ oil discovery off Norway

ConocoPhillips has made a new oil discovery in production license 891 located 14 miles north-northeast of the Heidrun field in the Norwegian Sea. The post ConocoPhillips makes ‘significant’ oil...

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Equinor and partners to improve North Sea field recovery with $345 million...

Equinor has decided to invest NOK 3 billion ($342.8 million) in the Statfjord Øst field to improve recovery by 23 million barrels of oil equivalent. The post Equinor and partners to improve North Sea...

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AqualisBraemar acquires LOC Group

AqualisBraemar has acquired 100 per cent of the shares in LOC Group with the […] The post AqualisBraemar acquires LOC Group appeared first on Offshore Energy.

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Vaalco to move forward with Gabon acquisition

Vaalco Energy is moving forward with its acquisition of Sasol’s working interest in the Etame Marin block located offshore Gabon. The post Vaalco to move forward with Gabon acquisition appeared first...

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Oil & Gas UK adds three board members as sector pushes to meet net-zero target

Oil & Gas UK has appointed three major business leaders to its board as the sector sharpens its focus on meeting net-zero targets. The post Oil & Gas UK adds three board members as sector...

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Oceaneering kit for OneSubsea 20K SPS in Gulf of Mexico

Oceaneering has won a contract from OneSubsea, a Schlumberger company, for the supply of […] The post Oceaneering kit for OneSubsea 20K SPS in Gulf of Mexico appeared first on Offshore Energy.

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Husky-Cenovus merger gets all key regulatory approvals

Cenovus Energy and Husky Energy have obtained all of the key regulatory approvals required in connection with the combination of the two companies. The post Husky-Cenovus merger gets all key regulatory...

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PetroRio buys semi-submersible rig for one dollar

PetroRio has bought a semi-submersible drilling rig for a symbolic price of $1. The rig will be used for well interventions and completions. The post PetroRio buys semi-submersible rig for one dollar...

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Edison Chouest boasts long-term gig for PSV with battery system

Edison Chouest Offshore has executed the first long-term contract with an oil and gas company to install a battery-on-board system on a PSV. The post Edison Chouest boasts long-term gig for PSV with...

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Liuhua 29-2 umbilical all set for installation

The Liuhua 29-2 deep-sea SPS umbilical is ready for installation, following the recent delivery […] The post Liuhua 29-2 umbilical all set for installation appeared first on Offshore Energy.

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MODEC develops new offshore repair method for FPSO hulls

MODEC in December 2020 obtained approval by ABS for the new offshore repair method for hull structures of FPSOs as an original standard repair method. The post MODEC develops new offshore repair method...

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Eni enters new alliance to work on key sectors of energy transition

Italian oil and gas company Eni, CDP, and Snam have signed a Letter of Intent to start a strategic collaboration for the energy transition. The post Eni enters new alliance to work on key sectors of...

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NWS partners execute third-party gas deals

The Woodside-led North West Shelf (NWS) project has executed fully-termed gas processing agreements (GPAs) for processing third-party gas. The post NWS partners execute third-party gas deals appeared...

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EMGS firms up Gulf of Mexico deal

Norwegian firm Electromagnetic Geoservices (EMGS) has officially signed a new contract for a project […] The post EMGS firms up Gulf of Mexico deal appeared first on Offshore Energy.

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Norwegian court’s ruling in favour of Arctic drilling sparks outrage

Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people's right to a healthy environment by...

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