Eni has discovered a significant hydrocarbon accumulation on the Ken Bau discovery located in Block 114, Song Hong Basin, offshore Vietnam.
Sparrows Group has secured a three-year contract renewal to supply a rental crane to Vedanta Resources in India.
Karoon has executed a binding agreement to amend the sale and purchase agreement to acquire a 100 per cent operating interest in the Baúna field located offshore Brazil.
Cairn Energy has entered into an agreement to sell to Russia’s Lukoil its entire 40 per cent interest in the Sangomar development, offshore Senegal.
TAQA Bratani has filed its decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea, to the UK authorities.
Offshore and marine services provider Kim Heng Offshore & Marine has bought two anchor handling tugs from Posh Terasea.
Norwegian offshore shipping company Havila has been awarded a three-year contract for its subsea vessel in Brazil.
Equinor sank to the red in the second quarter of the year as its revenues were halved amid Covid-19 pandemic and low oil prices.
The condition of the decaying oil storage vessel Safer, floating north of Hodeidah, Yemen, is deteriorating daily, posing a major threat of an oil spill, the UN Security Council was told last week. There is a concern that the dilapidated tanker might rapture causing an explosion and oil spill into t
Repsol booked a loss in the second quarter of the year after being forced to re-evaluate its upstream assets due to the effects of the coronavirus pandemic and the low oil price environment.
UK authorities have approved Shell’s decommissioning plan for the Brent Alpha jacket, located in the UK sector of the North Sea.
Neptune Energy has successfully installed subsea oil and gas production flowlines and gas lift flowlines for its Duva & Gjøa P1 developments in the Norwegian sector of the North Sea.
Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis.
Oil and gas company OKEA has successfully completed a turnaround on its operated Draugen platform located offshore Norway.
