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Oil & Gas

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Illustration; Source: Borr Drilling
Oil & Gas

Borr Drilling names new chief financial officer

Offshore drilling rig owner Borr Drilling has appointed a new chief financial officer (CFO) of the company.

about 5 years ago
Fatih Birol; Source: IEA
Oil & Gas

IEA: Pandemic to slow energy demand recovery. Upstream spending to pick up

A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday.

about 5 years ago
SD Power; Source: Kotug ExxonMobil
Oil & Gas

ExxonMobil taps Kotug for towage services offshore Guyana

Dutch towage services provider Kotug has been awarded a long-term contract oil major ExxonMobil to provide offshore terminal towage support for operations in Guyana.

about 5 years ago
Liza Prosperity FPSOLiza Prosperity FPSO
Oil & Gas

Rystad: Chinese yards to beat Asian rivals in construction costs after spending rebounds in 2021

An analysis by Norwegian energy intelligence firm Rystad Energy shows that Chinese yards will outcompete Asian rivals on costs in an expected rebound in offshore oil and gas spending from 2021.

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

Hermitage sells entire fleet as part of Chapter 11 auction

Offshore support vessel provider Hermitage Offshore has selected successful bids for the company’s vessels according to the bankruptcy procedures under Chapter 11 protection.

about 5 years ago
Illustration; Source: PJ Valves Petrobras
Oil & Gas

PJ Valves to supply equipment for two FPSOs in Brazil

PJ Valves (PJV), a UK-based manufacturer and supplier of valves to the global energy industry, has been awarded two FPSO valve contracts for Petrobras projects in Brazil.

about 5 years ago
Drilling rig at Leningradskoye field; Source: Gazprom
Oil & Gas

Gazprom makes ‘substantial’ gas find in Kara Sea

Russian energy giant Gazprom has found another gas deposit at the Leningradskoye field in the Kara Sea which is part of the Yamal gas production centre.

about 5 years ago
Aoka Mizu FPSO; Source: DNV GL Bluewater
Oil & Gas

DNV GL, Bluewater pilot test hybrid digital twin for FPSOs

Classification society DNV GL and FPSO specialist Bluewater have teamed up on a pilot project to use hybrid digital twin technology to predict and analyse fatigue on an FPSO hull.

about 5 years ago
Oruc Reis seismic vessel; Source: General Directorate of the Mineral Research & Exploration of Turkey
Oil & Gas

Turkey to carry out seismic survey in disputed area of Mediterranean

Turkish vessel Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a move which will further test already tense relationships with Greece.

about 5 years ago
BHP's Shenzi platform; Source: Halliburton
Oil & Gas

Workers returning to Gulf of Mexico platforms following Hurricane Delta

Oil and gas operators are returning its workers to platforms in the Gulf of Mexico following Hurricane Delta, which made landfall on Friday.

about 6 years ago
Stena Forth; Source: Stena Drilling
Oil & Gas

Stena Drilling drillship wins work in the Mediterranean

Offshore drilling contractor Stena Drilling has won a new contract for its ultra-deepwater drillship Stena Forth in the Mediterranean Sea offshore Israel.

about 6 years ago
Illustration; Source: Petrofac
Oil & Gas

Petrofac CEO to retire after 30 years. Former Shell VP to take his place

Group chief executive of oilfield services provider Petrofac has decided to retire at the end of the year.

about 6 years ago
Illustration; Photo by: Zoran Tarade (used under permission from photographer)
Oil & Gas

Hibiscus Petroleum buys into 3D Oil license off Australia

Malaysia’s Hibiscus Petroleum has completed its 50 per cent acquisition of interest in the exploration permit VIC/P74 offshore Australia from 3D Oil.

about 6 years ago
Ocean Apex; Source: Diamond Drilling BP
Oil & Gas

BP mobilising Ocean Apex rig for Ironbark drilling

The Ocean Apex semi-submersible drilling rig has been handed over to BP for the drilling of the Ironbark-1 exploration well offshore Australia.

about 6 years ago
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