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Oil & Gas

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Fossil EnergyRigsExploration & ProductionInfrastructureClean FuelLNGSubseaBusiness Developments & ProjectsProject & TendersFPSO & VesselsGreen MarineShipbuildingBusiness & FinanceVesselsOperations & MaintenanceMarket OutlooksOutlook & StrategyTransitionVisionDecommissioningHeavy liftingDeepwater InstallationAuthorities & GovernmentRules & RegulationIT & SoftwareTechnology
Baker Hughes
Oil & Gas

U.S. offshore rig count remains flat

The number of offshore rigs in the U.S. remained unchanged over this week, according to a weekly rig count by Baker Hughes.

about 5 years ago
Nord Stream 2
Oil & Gas

Nord Stream 2 ties first line to land despite Republican outrage

Nord Stream 2 AG, a subsidiary of Russia’s Gazprom and operator of the Nord Stream 2 offshore gas pipeline, has confirmed that the offshore part of one line of the pipeline has been mechanically completed.

about 5 years ago
Petrobras
Oil & Gas

Petrobras orders $2.3 billion FPSO from Saipem and Korea’s DSME

Petrobras has signed a contract with the joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79 FPSO.

about 5 years ago
Aoka Mizu FPSO - Hurricane Energy
Oil & Gas

Lancaster issues swell for Hurricane as well trips and shuts down

In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field.

about 5 years ago
Seacor Marine
Oil & Gas

Seacor Marine enters agreement to pay off debt

U.S. offshore support vessel provider Seacor Marine has entered into a second amendment and conditional payoff agreement with JPMorgan Chase Bank.

about 5 years ago
Golden Eagle - EnQuest
Oil & Gas

EnQuest inks new $750 million debt facility to finance Golden Eagle deal

EnQuest has signed a new senior secured borrowing base debt facility to enable refinancing and the acquisition of Golden Eagle.

about 5 years ago
Standard Drilling
Oil & Gas

Standard Drilling sheds platform supply vessel

Cyprus-based offshore vessel operator S.D Standard Drilling has entered into a memorandum of agreement (MOA) to sell one of its platform supply vessels.

about 5 years ago
NYSE
Oil & Gas

Big money forcing Big Oil into climate change revolution

With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action.

about 5 years ago
Pioneering Spirit vessel
Oil & Gas

Giant vessel removes Morecambe Bay topsides in less than 90 minutes

Giant heavy lift vessel Pioneering Spirit has executed the single-lift removal of the DP3 gas production topsides from Morecambe Bay.

about 5 years ago
Bruce field - Serica Energy
Oil & Gas

Serica preparing to bring third Rhum well online

Serica Energy has completed a flow test on the Rhum R3 well in the UK North Sea with plans to start production in the third quarter of 2021.

about 5 years ago
Northern Endeavour FPSO - Rystad
Oil & Gas

Australian wells creating multi-billion opportunity for P&A, Rystad says

Australia is about to see its largest-ever wave of offshore wells that reach the end of their producing life & need to be decommissioned, Rystad says.

about 5 years ago
Kosmos Energy
Oil & Gas

Kosmos Energy adds Wood chairman to its board

U.S. oil and gas company Kosmos Energy has appointed Roy A. Franklin to its board of directors, effective 9 June 2021.

about 5 years ago
Gjøa platform - Neptune Energy
Oil & Gas

Neptune to reduce need for offshore trips with virtual reality tech

Neptune Energy has completed a virtual reality pilot on its Gjøa platform, enabling teams to make highly realistic virtual visits.

about 5 years ago
McDermott
Oil & Gas

McDermott makes another executive change

Offshore engineering and construction specialist McDermott has made another change to its executive team following the departure of its CEO.

about 5 years ago
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