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Tullow approves sale of Equatorial Guinea asset to Panoro

Oil and gas company Tullow Oil has voted on its general meeting to approve the disposal of all issued share capital in its subsidiary Tullow Equatorial Guinea Limited (TEGL) to Panoro Energy. The post...

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Norway: February oil output slightly above NPD predictions

Norwegian oil production in February 2021 was just above predictions made by the Norwegian Petroleum Directorate (NPD). The post Norway: February oil output slightly above NPD predictions appeared...

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Regulator approves Santos plan for new Van Gogh wells

NOPSEMA has accepted an environment plan by Santos for the Van Gogh field infill development phase II (VGID2) installation off Australia. The post Regulator approves Santos plan for new Van Gogh wells...

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U.S. warns entities involved in Nord Stream 2 to abandon work

The U.S. State Department reiterated its warning that any entity involved in Russia's Nord Stream 2 offshore pipeline project risks U.S. sanctions. The post U.S. warns entities involved in Nord Stream...

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Mexican government to absorb Pemex debt payments

Mexico's President Andres Manuel Lopez Obrador stated that the country will absorb regular debt payments this year for state-owned oil company Petroleos Mexicanos (Pemex). The post Mexican government...

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Oil demand recovery at risk over vaccination hiccups, Rystad says

Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021, Norwegian energy intelligence company Rystad Energy has said. The post Oil demand recovery at risk over...

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Siemens to deliver eight topside modules for MISC Berhad FPSO

Siemens Energy has been awarded a topside EPC contract by MISC Berhad for eight complete topside modules for an FPSO bound for South America. The post Siemens to deliver eight topside modules for MISC...

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TAQA awards 5-year North Sea deal to Odfjell Drilling

TAQA has awarded Odfjell Drilling a five-year contract for the provision of platform drilling & maintenance services on its North Sea installations. The post TAQA awards 5-year North Sea deal to...

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Equinor to use Transocean rig for Oseberg well ops

Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for drilling and well operations on the Oseberg field using the Transocean Norge...

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Valaris gets safety order over incident with BOP ram door

Norwegian offshore safety authority has found serious breaches of regulations on a Valaris rig following an investigation of an incident from 2020. The post Valaris gets safety order over incident with...

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Petronas hires two Velesto rigs in $21 million deal

Offshore drilling contractor Velesto Drilling has won a drilling services contract worth nearly $21 million with oil giant Petronas Carigali. The post Petronas hires two Velesto rigs in $21 million...

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SOFEC CEO to retire after 29 years of service

President and chief executive officer (CEO) of offshore mooring systems provider SOFEC has decided to retire from the company after 29 years of service. The post SOFEC CEO to retire after 29 years of...

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Beach Energy in another exploration success with fresh gas discovery

Australian Beach Energy has made a gas discovery at the Artisan 1 well located in licence VIC/P43 offshore Victorian Otway Basin in Australia. The post Beach Energy in another exploration success with...

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James Fisher new subsea unit to drive energy transition

Marine services provider James Fisher said Monday it has launched James Fisher Subtech, a […] The post James Fisher new subsea unit to drive energy transition appeared first on Offshore Energy.

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OMV cleared to use Maersk rig for North Sea well

Norway's regulator Petroleum Safety Authority has granted OMV consent to drill an exploration well in the North Sea, using Maersk Drilling's jack-up rig. The post OMV cleared to use Maersk rig for...

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Neptune Energy streamlines Duva subsea trees setup

Neptune Energy has recently set up four enhanced horizontal subsea tree systems (EHXT) for […] The post Neptune Energy streamlines Duva subsea trees setup appeared first on Offshore Energy.

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Offshore vessel owner buys 1 per cent of Noble Corp.

Cyprus-based offshore vessel operator S.D Standard Drilling has secured a 1 per cent ownership in offshore drilling contractor Noble Corporation. The post Offshore vessel owner buys 1 per cent of Noble...

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Odfjell to drill one more well for Equinor

Norwegian oil major Equinor has awarded more work to a semi-submersible rig owned by offshore rig owner Odfjell Drilling. The post Odfjell to drill one more well for Equinor appeared first on Offshore...

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Saipem nets new deal with Qatargas worth over $1 billion

Saipem has received from Qatargas a letter of award worth over $1 billion related to the North Field Production Sustainability Pipelines Project. The post Saipem nets new deal with Qatargas worth over...

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AusGroup in recruitment drive after winning 10-year deal with Chevron

To service a new, 10-year contract with Chevron in Australia, AusGroup expects to recruit between 300 – 500 new workers during the life of contract. The post AusGroup in recruitment drive after winning...

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