The Danish entity of French oil major Total has extended the contracts for Havila Shipping’s two platform supply vessels (PSVs).
Following record losses in the second quarter of 2020 and the first dividend cut in a decade, BP revealed parts of its new strategy that would reshape the company from an international oil company to an integrated energy company.
UK oil major BP has cut its dividend for the first time since the Deepwater Horizon disaster after record losses in the second quarter of 2020.
UK-based tech firm SRO Solutions has replaced asset management software systems on six Stena Drilling offshore rigs.
ST Engineering Halter Marine and Offshore, a company of ST Engineering North America, has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship.
A green energy transition will require the industry to make real progress in reducing its carbon footprint.
Oil and gas exploration firm Neptune Energy has stated that it made the largest oil discovery in Norway so far this year with its Dugong well in the Norwegian sector of the North Sea.
Semi-submersible accommodation vessel OOS Tiradentes has become the first offshore rig to resume operations in Brazil following Petrobras’ shutdown of facilities due to the COVID-19 pandemic.
Block 58 offshore Suriname has again come under the spotlight since state-owned oil company Staatsolie is considering farming into the block where Apache last week hit its third discovery.
Oil and gas company United Oil & Gas (UOG) has been assigned Tullow Oil’s stake in the Walton Morant licence off Jamaica, which the company now fully owns.
Russia’s Sakhalin Energy has started a seasonal turnaround campaign at the Molikpaq offshore oil and gas platform which is one of the Sakhalin-2 production assets.
Oil major BP has chartered three Solstad Offshore’s vessels to support the company’s Ironbark drilling campaign offshore Australia.
Offshore drilling contractor Noble Corporation has filed for Chapter 11 bankruptcy protection to restructure its debt following a “severe downturn in commodity prices which has been compounded by the Covid-19 pandemic”.
Offshore drilling rig owner Borr Drilling has won deals for three of its warm-stacked jack-up drilling rigs.
