Yard workforce employed by Singapore’s offshore builder Sembcorp Marine has been reduced from 20,000 to only 850 workers following movement restriction measures implemented due to the coronavirus pandemic.
Due to the limited impacted of the COVID-19 outbreak during the first quarter of 2020, offshore drilling contractor Odfjell Drilling was able to post a higher profit than in the first quarter of 2019.
Oil and gas company Premier Oil has pushed back the forecast of first gas for the Tolmount project, located in the Southern North Sea.
Houston-based energy and LNG engineer KBR said Wednesday it has secured a carbon capture contract from Japan’s JX Nippon Oil & Gas Exploration Corporation. Under the master service agreement and feasibility study, KBR will assess options for carbon capture and sequestration, alongside blue hydrogen
Ideol has entered into a Memorandum of Understanding (MoU) with Kerogen Capital to assess the benefits of using offshore wind to power oil & gas platforms. Ideol stated that the focus of the initiative will be to combine the Damping Pool, its floating offshore wind solution, with Kerogen’s internati
Oil and gas company Neptune Energy has conducted ‘the world’s first’ dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.
Australia’s Santos is pushing forward with its Dorado field development, located in the Bedout Basin offshore Western Australia.
Oil and gas company Spirit Energy has been given a drilling permit to drill the 7321/8-2 S well in the Barents Sea, offshore Norway.
Offshore helicopter operator Bristow and its peer Era Group have created a new global organization structure and selected the executive leadership team for the combined company.
The government of Ghana is pushing for a fast-track development of a new oil discovery made by domestic operator Springfield E&P through a unitization agreement between Springfield and Eni.
Offshore vessel provider Esvagt has decided to streamline its operations and reduce pay to its workers and management to combat the consequences of the decreasing energy prices and COVID-19.
Swedish oil company Lundin Energy has been given a drilling permit to drill the 7219/11-1 well in the Barents Sea, offshore Norway.
Offshore drilling company Vantage Drilling International saw its net loss shrink in the first quarter of 2019.
Petrobras has made two new oil discoveries in Brazil’s offshore waters.
