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BP fires up gas field offshore Egypt
Oil major BP has started gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Qattameya field; Source: BP Through BP’s joint...
View ArticleAwilco bracing for cost-cutting measures following rig order cancellation and...
Offshore drilling contractor Awilco Drilling is preparing for cost-cutting measures amid a challenging environment in the offshore drilling market. Awilco Drilling said on Monday that, in light of the...
View ArticleProsafe gets $13.6 million worth North Sea job from ConocoPhillips
Offshore accommodation rig provider Prosafe has been awarded a contract by ConocoPhillips to provide accommodation support using either the Safe Boreas or Safe Zephyrus flotel on the Ekofisk field...
View ArticleBP books small profit in 3Q
Oil major BP on Tuesday reported a small profit for the third quarter of 2020 compared to a huge loss in the prior quarter and a profit in the third quarter of 2019. According to its report on...
View ArticleCGG taps Shearwater for phase two of Nebula survey off Brazil
Shearwater GeoServices has secured a five-month contract extension for CGG’s Brazil Nebula multi-client survey. The first phase of Nebula 3D is nearing completion and acquisition will soon commence on...
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Oil and gas operators brace for impact as storm Zeta gains strength in Gulf...
Oil and gas operators are shutting down production and evacuating their offshore personnel from facilities in the U.S. Gulf of Mexico as the 27th named storm of this year’s Atlantic Hurricane Season...
View ArticleTHREE60 ENERGY takes duty holder role at DNO’s UK assets
Energy services group THREE60 ENERGY has won a multi-million-pound contract to deliver duty holder services for DNO’s two assets in the UK continental shelf. The contract will see THREE60 ENERGY...
View ArticleWintershall Dea in last phase of Nova project as drilling operations start
Oil and gas company Wintershall Dea has started drilling the first of six wells on the operated Nova field in the Norwegian North Sea. With most of the subsea work already complete and a dedicated...
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One quarter of global floating rig fleet could face scrapping as Covid-19...
An analysis by Norwegian energy intelligence firm Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in...
View ArticleYear-long outage of Hammerfest LNG plant to affect Neptune output
Oil and gas company Neptune Energy expects its full-year production to be impacted by the closure of the Equinor-operated Hammerfest LNG plant following a recent fire incident while its losses of...
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LLOG hatches development plan for new Gulf of Mexico oil discovery
LLOG Exploration Company (LLOG) has revealed a new discovery in the U.S. Gulf of Mexico and a development plan for the offshore field. LLOG plans to tie back its Spruance discovery to the...
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Update: Petronas says two dead after offshore support vessel hits oil...
This article was updated to include a statement by Petronas, confirming two fatalities. Two crew members from an offshore support vessel died after the vessel collided with an oil platform offshore...
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LIVE BLOG: Offshore Energy Virtual Event
17:05 Wrap Up Day 1 The first day of the Offshore Energy 2020 and Navingo Career 2020 is a wrap! After a plethora of important and interesting topics and many expert speakers, we continue tomorrow, 28...
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Neptune in minor oil discovery near Fenja field
Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea. West Phoenix rig; Source: Equinor The wells are located in production...
View ArticleVår Energi hands out 12 deals for offshore and onshore services
Norwegian oil and gas operator Vår Energi has signed frame agreements with a total of 12 Norwegian suppliers of services within a number of technical and administrative disciplines. The agreements may...
View ArticleBorr Drilling sells cold-stacked jack-up rig
Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold-stacked jack-up drilling rig Atla to an independent operator. The jack-up rig Atla is stacked in the United...
View ArticleAker Solutions sees profit rise despite lower revenues
Norwegian oilfield services provider Aker Solutions boosted its profit in the third quarter of 2020 despite lower revenues as oil and gas operators reduced their activity levels amid lower oil prices...
View ArticleOperators shut-in nearly half of Gulf of Mexico oil production due to hurricane
Oil and gas operators have shut-in nearly half of oil production and over 55 per cent of gas production from the U.S. Gulf of Mexico due to the Hurricane Zeta. In an update on Tuesday, the U.S. Bureau...
View ArticleHess sinks deeper into the red but production grows
U.S.-based oil and gas player Hess Corporation saw its net loss deepen in the third quarter of 2020 compared to the prior-year period while its production increased by 11 per cent driven by Bakken and...
View ArticleWintershall Dea charters Eidesvik PSV for a year
Norwegian offshore vessel operator Eidesvik Offshore has been awarded a time charter contract with Wintershall Dea Norge for the platform supply vessel (PSV) Viking Princess. The contract is scheduled...
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