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SBM Offshore unveils $620 million loan for Mero FPSO

SBM Offshore has secured a $620 million loan for the construction of the FPSO, which will be deployed at the Mero field offshore Brazil. The post SBM Offshore unveils $620 million loan for Mero FPSO...

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Amplify Energy faces charges of negligence over major oil spill off...

Amplify Energy has been accused of negligent conduct during the oil spill off the California coast, which renewed efforts to ban offshore drilling. The post Amplify Energy faces charges of negligence...

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Petronas and Posco team up to unlock carbon capture and storage potential in...

Petronas and Posco have joined forces to collaborate on evaluating and exploring CCS potential in Malaysia. The post Petronas and Posco team up to unlock carbon capture and storage potential in...

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UK regulator cheers new checkpoint expected to safeguard oil & gas industry...

The Oil and Gas Authority is supporting the launch of a new climate compatibility checkpoint for the oil and gas industry. The post UK regulator cheers new checkpoint expected to safeguard oil &...

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Argeo marks entry into Brazil’s oil & gas sector with AUV deal

Norwegian marine survey contractor Argeo has signed an agreement with an undisclosed client to provide […] The post Argeo marks entry into Brazil’s oil & gas sector with AUV deal appeared first on...

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Petrofac scores renewal deal for Neptune’s North Sea assets

Petrofac has secured a two-year contract extension for the provision of engineering services to Neptune’s platforms in the North Sea. The post Petrofac scores renewal deal for Neptune’s North Sea...

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GMS lands two new contracts, spurring its hopes for higher rates and fleet...

GMS has won two new contracts for two of its large-size class vessels and expressed hopes for higher rates and improved fleet utilisation. The post GMS lands two new contracts, spurring its hopes for...

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Enauta firms up FPSO deal for Brazilian field with Yinson

Enauta has signed a Letter of Intent with Yinson for the provision, operation and maintenance of an FPSO for the Atlanta field off Brazil. The post Enauta firms up FPSO deal for Brazilian field with...

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Aker BP to merge with Lundin Energy in bid to create leading E&P player of...

Aker BP plans to acquire Lundin’s oil and gas business, through a statutory merger, in a push to create a leading E&P company of the future. The post Aker BP to merge with Lundin Energy in bid to...

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Norway’s November oil output below predictions over technical glitches

Norway’s oil production in November 2021 fell behind the NPD’s predictions due to technical issues, while the gas output also decreased. The post Norway’s November oil output below predictions over...

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Siem Offshore bags new deals for Australian ops

Siem Offshore has secured long-term contracts for two platform supply vessels, which will carry out operations offshore Australia. The post Siem Offshore bags new deals for Australian ops appeared...

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Valaris rig finally en route to drill for Carnarvon

Carnarvon Energy has informed that the Valaris JU-107 jack-up drilling rig is currently en route to the Buffalo-10 location in the Timor Sea. The post Valaris rig finally en route to drill for...

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Three rigs to change hands as Vantage and ADES take their relationship to the...

Vantage Drilling and ADES are taking their relationship to the next level following an agreement under which Vantage will sell three of its jack-ups to ADES. The post Three rigs to change hands as...

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Two UAE giants launch ‘first-of-its-kind’ project worth $3.6 bln to...

Two United Arab Emirates-controlled oil and gas giants have revealed a $3.6 billion project to decarbonise offshore operations. The post Two UAE giants launch ‘first-of-its-kind’ project worth $3.6 bln...

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PGNiG secures Odfjell rig for drilling ops off Norway

PGNiG has awarded a one-well contract to the offshore drilling contractor Odfjell Drilling for drilling operations offshore Norway. The post PGNiG secures Odfjell rig for drilling ops off Norway...

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Two new jobs to keep Island Drilling busy in UK and Mauritania

Island Drilling has secured two new contracts, one with Petrofac in the UK North Sea and another with Maersk Decom for work in Mauritania. The post Two new jobs to keep Island Drilling busy in UK and...

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TotalEnergies books Havila vessel in Denmark

Havila Shipping has been awarded a contract extension for one of its PSVs by the Danish subsidiary of the French oil major TotalEnergies. The post TotalEnergies books Havila vessel in Denmark appeared...

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Aker Solutions firms up decommissioning award in Norway

Norwegian oilfield services provider Aker Solutions has formally signed a sizeable contract award with Heerema Marine Contractors. The post Aker Solutions firms up decommissioning award in Norway...

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Plexus to deliver surface wellhead for new North Sea gas well

Plexus Holdings has secured a purchase order for a POS-GRIP surface production wellhead system for a "leading" North Sea operator. The post Plexus to deliver surface wellhead for new North Sea gas well...

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Repsol lifts 100,000 barrels from Yme field in North Sea

The first lifting of oil from the Repsol-operated Yme field in the North Sea has been completed following the field start-up in October 2021. The post Repsol lifts 100,000 barrels from Yme field in...

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