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Lundin eyes Odfjell rig for one firm well

Oil and gas company Lundin Energy and Odfjell Drilling have signed a letter of intent for the use of Deepsea Stavanger rig in Norway. The post Lundin eyes Odfjell rig for one firm well appeared first...

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Premier-Chrysaor tie-up gets new CFO

Premier Oil has announced the proposed appointment of a new CFO of a new entity, which will be formed following the completion of a merger with Chrysaor. The post Premier-Chrysaor tie-up gets new CFO...

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Court adds BPC as respondent to application by environmentalists

A court in the Bahamas has decided to add Bahamas Petroleum Company (BPC) as a respondent to an application brought by environmental groups. The post Court adds BPC as respondent to application by...

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BP in oil exploration team cuts as climate change-driven reorganisation...

Oil major BP has drastically cut its fossil fuel exploration team in an attempt to keep up with the fast-moving revolution focused around renewables and climate change. The post BP in oil exploration...

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Petrofac hires Stena rig for UK operations

Offshore drilling contractor Stena Drilling has signed a new drilling contract with Petrofac for operations in the UK using the Stena Don rig. The post Petrofac hires Stena rig for UK operations...

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Beach cleared for Otway Basin seabed survey

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has accepted the T/30P […] The post Beach cleared for Otway Basin seabed survey appeared first on...

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New Age given approval to apply for new Etinde license

Oil and gas firm New Age has received formal approval to apply for a new exploitation agreement for its Etinde license offshore Cameroon. The post New Age given approval to apply for new Etinde license...

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Tullow kicks off drilling ops offshore Suriname

Oil and gas company Tullow Oil has started drilling operations at its Goliathberg-Voltzberg North prospect (GVN-1) located in Block 47 offshore Suriname. The post Tullow kicks off drilling ops offshore...

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Pipelayer resumes work on Nord Stream 2 in Danish waters

A pipelayer vessel has started work in Danish waters ahead of the resumption of construction of the Nord Stream 2 gas pipeline regardless of the pressure from the United States and European Union to...

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Diamond Offshore hammers out restructuring plan

Offshore drilling contractor Diamond Offshore has entered into a restructuring agreement to deleverage its balance sheet. The post Diamond Offshore hammers out restructuring plan appeared first on...

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ABS class Lingshui 17-2 platform launched in China

The world’s first 100,000-ton deepwater semi-submersible production and storage platform, built to ABS Class, has been launched in China. The post ABS class Lingshui 17-2 platform launched in China...

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ADES scores new jack-up rig deal offshore Egypt

ADES International, an oil & gas drilling and production services provider in the Middle East and North Africa, has won a contract for one of its jack-up drilling rigs from an undisclosed client....

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Premier farms down Tuna block ahead of appraisal campaign

Oil and gas company Premier Oil has completed the farm down of its interest in the Tuna PSC, offshore Indonesia to Zarubezhneft. The post Premier farms down Tuna block ahead of appraisal campaign...

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Polarcus stock crashes on loan default news

Marine seismic player Polarcus said on Tuesday it has defaulted on debt payments and […] The post Polarcus stock crashes on loan default news appeared first on Offshore Energy.

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Santos gearing up for new well offshore Australia

Santos has filed an environmental plan for exploration drilling of the Dancer-1 well, located offshore Australia, to Australian authorities. The post Santos gearing up for new well offshore Australia...

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Dana to withdraw from North Sea gas project

Following a review, oil and gas company Dana Petroleum is abandoning an offshore gas project located in the UK sector of the North Sea. The post Dana to withdraw from North Sea gas project appeared...

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Oil and gas industry doubles down on green investments, DNV GL claims

The oil and gas industry expects to boost investment in the energy systems of the future this year as companies seek to transform for the long term, DNV GL said. The post Oil and gas industry doubles...

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Eni gets new licence in UK North Sea

Eni has been awarded a new production licence in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licensing Round. The post Eni gets new licence in UK North Sea appeared...

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Worker dies on Seadrill drillship in Gulf of Mexico

An incident on board a Seadrill-owned drillship working for Kosmos Energy in the U.S. Gulf of Mexico has resulted in the death of one offshore worker. The post Worker dies on Seadrill drillship in Gulf...

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Disappointment for Lundin in Barents Sea

Lundin Energy came up dry in the Bask prospect following results from an exploration well in the Barents Sea drilled with the West Bollsta rig. The post Disappointment for Lundin in Barents Sea...

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