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ExxonMobil digs up three more oil discoveries in Guyanese waters

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block. The post ExxonMobil digs up three more oil discoveries in...

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Singapore’s Keppel and SembMarine sign a ‘win-win agreement’ to merge

Singapore’s Keppel Corporation and Sembcorp Marine have signed definitive agreements for the proposed combination of Keppel O&M and Sembcorp Marine. The post Singapore’s Keppel and SembMarine sign...

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Equinor to keep PGS busy this summer

Norway’s PGS has leveraged its multi-year frame agreement with compatriot oil and gas giant […] The post Equinor to keep PGS busy this summer appeared first on Offshore Energy.

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No oil pay result makes Empyrean ‘extremely disappointed’ with Chinese well

Empyrean Energy is disappointed after finding no hydrocarbons in the Jade prospect well, located in Block 29/11 offshore China. The post No oil pay result makes Empyrean ‘extremely disappointed’ with...

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Three-year extension for Saudi jack-up

UAE-based Shelf Drilling has secured a three-year contract extension for a jack-up rig operating offshore Saudi Arabia. The post Three-year extension for Saudi jack-up appeared first on Offshore Energy.

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First gas flows between Denmark and Norway after Baltic Pipe North Sea...

Energinet has completed all work on the Baltic Pipe project in the North Sea, […] The post First gas flows between Denmark and Norway after Baltic Pipe North Sea construction ends appeared first on...

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Report claims worker died at Indian yard while scrapping former BW Offshore...

A worker lost his life while scrapping an FPSO vessel, formerly owned by BW Offshore, at an Indian beaching yard on 21 April. The post Report claims worker died at Indian yard while scrapping former BW...

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Activists in Germany turn off oil pipelines in protest against North Sea...

Activists in Germany turned off crude oil pipelines at five locations, calling the government to stop new fossil fuels projects. The post Activists in Germany turn off oil pipelines in protest against...

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Hat-trick award to bring $404 million to Seadrill

Offshore drilling contractor Seadrill has secured contracts totalling $404 million for three jack-up rigs in the Middle East. The post Hat-trick award to bring $404 million to Seadrill appeared first...

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Hamlet proves to be an oil and gas discovery

Oil and gas company Neptune Energy has confirmed an oil and gas discovery at its Hamlet exploration wells in the North Sea off Norway. The post Hamlet proves to be an oil and gas discovery appeared...

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Valaris sells two stacked rigs to ADES

Offshore rig owner Valaris has sold two jack-up rigs to a subsidiary of the UAE-based operator ADES International Holding. The post Valaris sells two stacked rigs to ADES appeared first on Offshore...

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Petrobras collects about $2 bln from Shell and TotalEnergies for stakes in...

Shell and TotalEnergies have paid for an increased stake in the Petrobras-operated Atapu field located offshore Brazil. The post Petrobras collects about $2 bln from Shell and TotalEnergies for stakes...

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This year’s oil & gas payments to governments to smash records, Rystad says

High commodity prices and increasing oil & gas supply are set to push upstream sector payments to governments to an all-time high, Rystad says. The post This year’s oil & gas payments to...

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More acreage for PetroRio in Brazil as Petrobras sells deepwater field

In line with its divestment strategy, Petrobras has agreed to sell its entire stake in a Brazilian deepwater field to PetroRio. The post More acreage for PetroRio in Brazil as Petrobras sells deepwater...

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Subsea 7 sees growth in revenues, expects tendering activity to remain high

Subsea 7 has reported a revenue of $1.2 billion in the first quarter of […] The post Subsea 7 sees growth in revenues, expects tendering activity to remain high appeared first on Offshore Energy.

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Chevron inks contract for fresh block off Suriname

Staatsolie and Chevron are expanding their cooperation in shallow offshore Suriname following the signing of a production sharing contract. The post Chevron inks contract for fresh block off Suriname...

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Dutch operator takes on Maersk rig for North Sea well

Offshore drilling contractor Maersk Drilling has been awarded a one-well extension for one of its jack-up rigs in the Dutch North Sea. The post Dutch operator takes on Maersk rig for North Sea well...

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Shell fined for breaching production consents for North Sea fields

UK's regulator has fined Shell and served it with a sanction notice for breaching production consents for five fields in the North Sea. The post Shell fined for breaching production consents for North...

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UK player to enter Angola following deal for two offshore blocks with Sonangol

Sonangol has inked a deal with the UK-headquartered Afentra for a partial sale of its stake in two blocks offshore Angola. The post UK player to enter Angola following deal for two offshore blocks with...

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Chevron sees quarterly earnings spike amid higher oil and gas prices

Oil major Chevron booked a significant increase in its quarterly earnings and revenues driven by higher oil and gas prices. The post Chevron sees quarterly earnings spike amid higher oil and gas prices...

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