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Oil & Gas

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U.S. offshore rig count slips down few more notches
Oil & Gas

U.S. offshore rig count slips down few more notches

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the U.S. took a tumble last week and fell by 3 more units.

about 3 years ago
Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023
Oil & Gas

Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023

Houston-based oil and gas company Murphy Oil is working on progressing its 2023 drilling campaign in the Gulf of Mexico.

about 3 years ago
License renewal in place for Serica's North Sea gas field
Oil & Gas

License renewal in place for Serica’s North Sea gas field

UK-based oil and gas company Serica Energy has received a renewed license and secondary sanctions assurance from the U.S. Office of Foreign Assets Control (OFAC) for the Rhum field in the North Sea, in which the company has a 50 per cent interest. The license and assurance are set to allow certain U

about 3 years ago
Rig revamped into MOPU getting crowned
Oil & Gas

Rig revamped into MOPU getting crowned

ONGC has set the wheels into motion to crown a jack-up rig, which was recently converted into a mobile offshore production unit (MOPU).

about 3 years ago
Ocyan scores new long-term gig for semi-sub rig
Oil & Gas

Ocyan scores new long-term gig for semi-sub rig

Ocyan has secured a new long-term operating deal for a semi-submersible rig, which will carry out operations offshore Brazil.

about 3 years ago
Wintershall Dea cleared to deploy well intervention vessel on four fields off Norway
Oil & Gas

Wintershall Dea cleared to deploy well intervention vessel off Norway

Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.

about 3 years ago
Petrobras names new CEO
Oil & Gas

Petrobras names new CEO

Brazilian state-owned energy giant Petrobras has elected Jean Paul Terra Prates as the company’s new chief executive officer (CEO), following the resignation of Caio Mário Paes de Andrade announced at the end of last year. Petrobras’ board of directors unanimously appointed Terra Prates as the compa

about 3 years ago
Greek firm to deliver pipe for Mediterranean gas field optimization project
Oil & Gas

Greek firm to deliver pipe for Mediterranean gas field optimization project

Chevron Mediterranean Limited has awarded Corinth Pipeworks with a contract to deliver approximately 155 kilometers of steel pipes for a gas field optimization development in the Southeastern Mediterranean. Under the contract, the Greek company will manufacture and supply approximately 155 kilometer

about 3 years ago
OMV to spud North Sea prospect with Odfjell rig
Oil & Gas

OMV to spud North Sea prospect with Odfjell rig

OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago
Danish firm lands long-term gig on Norwegian Continental Shelf
Oil & Gas

Danish firm lands long-term gig on Norwegian Continental Shelf

Equinor has handed out a long-term deal to Semco Maritime for the provision of temporary staffing services for offshore nurses on the NCS.

about 3 years ago
Brazilian deepwater field’s sale process winds down with payment of nearly $2 billion
Oil & Gas

Brazilian deepwater field’s sale process winds down with total payment of nearly $2 billion

PRIO has made a payment of almost $2 billion for the acquisition of Petrobras’ entire stake in a deepwater field off Brazil.

about 3 years ago
2023 to be a busy year for offshore rigs, pushing utilisation and day rates up, says Westwood
Oil & Gas

Westwood: 2023 shaping up to be a busy year for offshore rigs with further boost in day rates

Westwood forecasts global marketed offshore rig utilisation to average 95 per cent this year with day rates getting a further boost.

about 3 years ago
Maersk Supply Service wins ‘largest solutions contract to date’
Oil & Gas

Brazilian FPSO deal brings Maersk Supply Service ‘largest solutions contract to date’

Maersk Supply Service has inked a deal with TechnipFMC for the comprehensive towing and mooring campaign of Petrobras’s project off Brazil.

about 3 years ago
Storage of natural gas and hydrogen ‘fundamental’ to tackling energy crisis and decarbonisation
Oil & Gas

Natural gas and hydrogen storage ‘fundamental’ to tackling energy crisis and decarbonisation

Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.

about 3 years ago
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