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Oil & Gas

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West Capella drillship; Source: Mubadala Energy
Oil & Gas

With new batch of drillship deals, Seadrill reels in $97.5 million

Seadrill has disclosed a new contract award and extension, totaling approximately $97.5 million in value, for two drillships.

about 2 years ago
Illustration; Source: Eni
Oil & Gas

Eni’s CEO portrays UK as ‘primary’ investment playground for gas, renewables, and CCS pursuits

Eni’s CEO describes the UK as a top investment destination not just for natural gas but also for renewable energy, and carbon capture and storage (CCS).

about 2 years ago
After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras
Oil & Gas

After little acquisition activity in 2023, Norwegian firm gets $11.7M contract with Petrobras

Brazilian state-owned oil and gas giant Petrobras has awarded Norway’s Electromagnetic Geoservices (EMGS) with a contract worth approximately $11.7 million to deliver a multi-client survey offshore Brazil. The contract represents EMGS’ first acquisition project offshore Brazil in almost ten years. T

about 2 years ago
Barossa concept; Source: Santos
Oil & Gas

Australia’s oil & gas industry throws its support behind calls to cut taxpayer funding for activist group

Many have publicly denounced their support for a taxpayer-funded NGO that takes legal action over climate change and environmental issues.

about 2 years ago
PSV Energy Paradise; Source: Golden Energy Offshore Services (GEOS)
Oil & Gas

Two vessel gigs land on Norwegian player’s North Sea backlog

Golden Energy Offshore Services (GEOS) has found more work for two platform supply vessels (PSVs) in its fleet by securing a set of new contracts in the North Sea.

about 2 years ago
COSL Promoter; Source: COSL Drilling
Oil & Gas

Norwegian oil & gas firm gearing up to spud North Sea wildcat with COSL rig

Wellesley Petroleum has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.

about 2 years ago
Safe Concordia; Source: Prosafe
Oil & Gas

Prosafe vessel staying longer in Gulf of Mexico

Prosafe has secured a charter extension with an undisclosed company for one of its semi-submersible vessels, which is working in the U.S. Gulf of Mexico.

about 2 years ago
The FPSO Agogo, which is currently under conversion, is targeted for deployment in 2025; Source: Yinson
Oil & Gas

Norwegian player’s compressor system hand-picked for Yinson Production’s Angola-bound FPSO

TMC Compressors has been hired by Yinson Production to deliver a large-capacity marine compressed air system on board an FPSO destined for Angola.

about 2 years ago
Illustration; Source: Europa Oil & Gas
Oil & Gas

UK oil & gas firm gets more time for technical studies and partner search off Ireland

AIM-listed Europa Oil & Gas has got an extension for a license offshore Ireland from the Irish government’s DECC.

about 2 years ago
FPSO Sepetiba; Source: SBM Offshore
Oil & Gas

Petrobras’ annual oil & gas production reaches new heights

Petrobras has achieved new oil and gas production milestones in 2023, exceeding its strategic plan 2023-27 guidance.

about 2 years ago
Mariner platform; Credit: Jamie Baikie/Equinor
Oil & Gas

Strike action at North Sea platform taken off the table as offshore drillers’ battle for work-life balance pays off

More than 100 offshore workers employed by Odfjell Technology have called off industrial action after securing improvements to working rotas.

about 2 years ago
Hercules rig; Source: SFL Corp.
Oil & Gas

After striking light oil, Odfjell Drilling-managed rig moving to another well off Namibia

An Odfjell Drilling-managed semi-submersible rig will be relocating to another well situated within license PEL 83 offshore Namibia.

about 2 years ago
Illustration; Source: American Petroleum Institute (API)
Oil & Gas

API: Derailing US gas exports and LNG infrastructure build-out could undermine global energy security

API has joined dozens of other industry groups in urging the Biden administration to reject calls to halt permits for U.S. LNG export facilities.

about 2 years ago
Noble Resolute; Source: Noble Corporation
Oil & Gas

Noble’s decarbonization trump card: Sustainable diesel slashing rig’s CO2 emissions during North Sea drilling ops

Offshore drilling contractor Noble Corporation is determined to curb the carbon footprint from drilling operations.

about 2 years ago
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