Shell saw its third quarter 2020 earnings decrease when compared to the last year’s third quarter but the oil major decided to increase its dividend.
Norwegian oil and gas company Equinor has made two oil discoveries offshore Newfoundland, Canada. The wells were drilled using the Transocean Barents rig.
Eni booked a loss in the third quarter of 2020 while its hydrocarbons production declined due to impacts of the economic downturn.
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.
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.
Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.
Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea.
French oil major Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin off South Africa.
LLOG Exploration Company (LLOG) has revealed a new discovery in the U.S. Gulf of Mexico and development plan for the offshore field.
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.
An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.
Oil and gas company Wintershall Dea has started drilling the first of six wells on the operated Nova field in the Norwegian North Sea.
Oil and gas operators are evacuating their offshore personnel from facilities in the U.S. Gulf of Mexico as Zeta nears hurricane strength.
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 the phase-two. “The extension provides a solid addition to our firm backlog for the northern winter
