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Oil & Gas

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Fossil EnergyBusiness & FinanceBusiness Developments & ProjectsRigsExploration & ProductionInfrastructureProject & TendersVesselsFPSO & VesselsEquipmentAuthorities & GovernmentRegulation & PolicyRules & RegulationSurveys & InterventionsOperations & MaintenanceSafetyClean Fuel
Goliat field - Vår Energi
Oil & Gas

Vår Energi picks Equinor man for CEO role

Vår Energi has appointed Torger Rød as the company’s new CEO following the departure of Kristin Kragseth to lead the Norwegian state-owned Petoro.

about 5 years ago
Stena Carron; Source: Stena Drilling
Oil & Gas

ExxonMobil spuds Bulletwood-1 well off Guyana

Oil major ExxonMobil has started drilling at the Bulletwood-1 well site on the Canje Block located offshore Guyana.

about 5 years ago
Eni stops Australian assets sale due to lack of satisfactory bids
Oil & Gas

Eni stops Australian assets sale amid lack of satisfactory bids

Italian oil and gas company Eni has reportedly put on hold its sale of Australian gas assets due to a lack of satisfactory bids.

about 5 years ago
Safe Concordia - Prosafe
Oil & Gas

Prosafe finds new job for Safe Concordia unit

Offshore accommodation rigs provider Prosafe has won a contract for one of its units for operations offshore Trinidad and Tobago.

about 5 years ago
One of GMS-owned vessels
Oil & Gas

GMS gets breathing space from banks

Gulf Marine Services (GMS) has agreed on an extension for the conclusion of improved terms for debt structure with its banks.

about 5 years ago
Rendering of the Sangomar Field Development FPSO (Image courtesy of SOFEC)
Oil & Gas

SOFEC cuts first steel for Sangomar FPSO turret system

Mooring systems provider SOFEC has cut first steel for the turret mooring system being built for the FPSO set for the Sangomar field offshore Senegal.

about 5 years ago
West Bollsta; Source: Semco Maritime Lundin
Oil & Gas

Lundin picks up drilling permit for North Sea well

Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in the North Sea, offshore Norway.

about 5 years ago
Petronas
Oil & Gas

Petronas firms up contract award for mobile offshore production unit

Tanjung Offshore Services has won a contract from Petronas Carigali for the Bayan Redevelopment Project Gas Phase 2 in Sarawak, Malaysia.

about 5 years ago
SeaRose FPSO; Source: Husky Energy Cenovus
Oil & Gas

Cenovus completes merger with Husky Energy

Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating Canada’s third-largest oil and gas player.

about 5 years ago
SeaRose FPSO - Suncor
Oil & Gas

Suncor to book $425 million impairment on White Rose assets

Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 on its share of the White Rose asset and West White Rose.

about 5 years ago
Illustration; Source: McDermott
Oil & Gas

McDermott completes raising $560M in new funds

U.S. offshore engineering and construction services provider McDermott has completed the raising of around $560 million in new capital.

about 5 years ago
Liberator field - i3 Energy
Oil & Gas

i3 Energy abandons ‘sub-commercial’ Liberator licence

i3 Energy has relinquished its UK North Sea licence which contains the Liberator field, after determining that its development would not be commercially viable.

about 5 years ago
Island Wellserver working on well intervention for Equinor
Oil & Gas

Equinor gets consent for use of well intervention vessel

Equinor has received consent from the country’s offshore safety agency for the use of the Island Wellserver vessel for well intervention.

about 5 years ago
Illustration; Source: SOCAR Azerbaijan
Oil & Gas

Azerbaijan sends first gas export via TAP pipeline

Azerbaijan has started commercial natural gas supplies to Europe via the Trans-Adriatic Pipeline (TAP). First gas reached Greece, Bulgaria as well as Italy via the Melendugno interconnection point.

about 5 years ago
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