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Brazil’s ex-petroleum secretary takes CEO role at Petrobras for one year

Petrobras has revealed the appointment of a new CEO, which has been chosen to spearhead the company for a year. The post Brazil’s ex-petroleum secretary takes CEO role at Petrobras for one year...

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ExxonMobil eyes carbon capture hub in Gippsland to unlock Australian CCS...

ExxonMobil is putting the wheels into motion to gauge the potential for a carbon capture and storage (CCS) hub in the Gippsland Basin. The post ExxonMobil eyes carbon capture hub in Gippsland to unlock...

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Equinor gearing up for exploration campaign in Canada to boost Bay du Nord...

Norway's Equinor is mobilising to drill two exploration wells in waters offshore Canada, which could add to its Bay du Nord offshore project development. The post Equinor gearing up for exploration...

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In focus: Americas take the offshore energy helm

The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week...

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Norwegian player seeks operatorship as MOL Norge offloads two North Sea...

Following an agreement with Hungary’s MOL, Norway’s Lime Petroleum will expand its North Sea portfolio with more acreage. The post Norwegian player seeks operatorship as MOL Norge offloads two North...

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Operator looking to decarbonise new North Sea project with floating wind

A proposed development concept for a new North Sea project has received approval from the UK's offshore regulator. The post Operator looking to decarbonise new North Sea project with floating wind...

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India’s Aban Offshore sells four jack-up rigs to UAE player

India's Aban Offshore has entered into an agreement with the UAE-based operator ADES for the sale of four of its jack-up drilling rigs. The post India’s Aban Offshore sells four jack-up rigs to UAE...

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All approvals ready for Australian well drilling to kick off next month

With all regulatory and environmental approvals in place, SapuraOMV is preparing to drill the Kanga-1 well offshore Western Australia. The post All approvals ready for Australian well drilling to kick...

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North Sea operators renew agreements for exporting oil to Flotta Terminal

Several North Sea fields partners have reaffirmed commitments to export the oil produced from their fields to Repsol Sinopec's Flotta Terminal. The post North Sea operators renew agreements for...

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Maersk rig to resume Ichthys field work for another year

Danish offshore drilling contractor Maersk Drilling has secured a contract extension for a semi-submersible rig for operations in Australia. The post Maersk rig to resume Ichthys field work for another...

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Eco deposits $20 million to fund high-impact well off South Africa

After making its capex contribution, Eco is on track to start drilling an exploration well in Block 2B, offshore South Africa, by October. The post Eco deposits $20 million to fund high-impact well off...

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Kotug makes largest acquisition in its history to meet rising demand for OSVs

Dutch shipowner Kotug has entered into an agreement to acquire Seaways, an operator of offshore support vessels. The post Kotug makes largest acquisition in its history to meet rising demand for OSVs...

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Global gas demand to go down in 2022 as Russia’s war in Ukraine disrupts markets

The invasion of Ukraine has led to tighter gas supplies, higher prices, and an uncertain outlook, resulting in a downward revision to the IEA's forecast for gas demand this year. The post Global gas...

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Chinese cable supplier hired for major ADNOC oil and gas projects

ZTT Submarine Cable & System has secured three oil and gas subsea cable supply […] The post Chinese cable supplier hired for major ADNOC oil and gas projects appeared first on Offshore Energy.

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Santos runs out of luck in second Australian well

Santos has failed to find commercial hydrocarbons in the second exploration well in its campaign offshore Australia, the Apus-1. The post Santos runs out of luck in second Australian well appeared...

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Empyrean ticks off ‘major box’ at Chinese well

Empyrean has confirmed the presence of gas clouds over the Jade well off China with drilling results thanks to elevated methane levels. The post Empyrean ticks off ‘major box’ at Chinese well appeared...

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Norway’s Equinor reveals its first energy transition plan ahead of advisory vote

Equinor has released its first energy transition plan, providing an overview of how it is progressing towards its 2050 net-zero ambition. The post Norway’s Equinor reveals its first energy transition...

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Falklands project to become ‘largest operated development asset’ for Israeli...

Rockhopper, Harbour and Navitas have inked a definitive deal to enable the Israeli player to enter the Sea Lion project. The post Falklands project to become ‘largest operated development asset’ for...

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ADES to take over jack-up rig from Maersk

Maersk Drilling has entered into an agreement with ADES to sell a jack-up rig for $42.5 million in an all-cash transaction. The post ADES to take over jack-up rig from Maersk appeared first on Offshore...

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Aker BP all set to drill North Sea wildcat

Aker BP has received a drilling permit from Norwegian authorities for a wildcat well located in the North Sea off Norway. The post Aker BP all set to drill North Sea wildcat appeared first on Offshore...

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