Pura Vida: Driller to cover drilling costs offshore Gabon

Pura Vida Energy has reached a conditional agreement with an offshore drilling contractor which will fund a ...

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Cairn set for next phase of Senegal drilling

Cairn Energy is gearing up to start the third phase of its drilling program offshore Senegal in late January, ...

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UK to loan $400M to GE for project off Ghana

UK Export Finance (UKEF), a European export credit agency, will provide $400 million in support of a GE Oil & ...

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Popular news, January 9 - 15, 2017

Read the most popular news from last week.

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Woodmac: Deepwater will spring back to life in 2017

Energy intelligence group Wood Mackenzie sees the deepwater upstream oil and gas sector springing back to life in ...

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Oil prices dip on doubts over planned crude output cuts

By Henning Gloystein SINGAPORE (Reuters) – Oil dipped on lingering doubts that crude production cuts would go ...

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Ophir to start drilling Ivory Coast wildcat in May

Oil and gas explorer Ophir Energy is preparing to resume deepwater exploration works in Ivory Coast. The company, ...

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IHS Markit: Total's Cyprus block to compete with Eni's Zohr?

Driven by the success of Eni’s major Zohr field gas discovery offshore Egypt in 2015, companies are rethinking the ...

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Oil prices rise as details of Saudi supply cuts emerge

By Henning Gloystein SINGAPORE (Reuters) – Oil rose on Wednesday, lifted by reports of Saudi supply cuts to ...

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December knocks down more rigs in international rig count

The international offshore rig count for December 2016 was down both sequentially and year over year.  According to ...

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Total extends 'Energy Scout' charter

Norway’s shipowner Golden Energy Offshore Services AS has secured a new contract for its Energy Scout platform ...

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Eni takes operatorship in Rabat Deep permits

The farm-out agreement for Rabat Deep Offshore permits I-VI off Morocco between Chariot Oil & Gas and Eni has ...

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Polarcus in 3D project off West Africa

Marine seismic acquisition company Polarcus has received a letter of intent for a broadband 3D marine seismic ...

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Popular news, January 2 - 8, 2017

Popular news, January 2 – 8, 2017.

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Platts: Oil stock overhang could disappear by 3Q 2017

With 2016 behind us, energy intelligence groups have begun dishing out their takes on the energy sector for 2017. ...

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Oil prices post gains on OPEC hopes, but doubts linger

Oil prices edged higher on Friday as output cuts by OPEC members met with lingering concern that other producers ...

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Hyperdynamics: Drillship change for Fatala well (Guinea)

After it recently announced a deal to take the Pacific Bora drillship for its Guinea drilling, oil company ...

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Vaalco brings Avouma well back on

Houston-based Vaalco Energy has restarted production at the Avouma 2-H well on the Avouma platform offshore Gabon ...

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Eni spuds exploration well offshore Libya

Italian oil firm Eni has started drilling an exploration well in the Mediterranean Sea, offshore Libya. The company ...

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Pancontinental pays Tullow's cash call despite contesting it

Pancontinental pays Tullow's cash call despite contesting it

Pancontinental Oil & Gas will pay a cash call made in December by Tullow Oil regarding the management costs of ...

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Eni CEO briefs president of Egypt on Zohr, Nooros progress

Eni’s CEO Claudio Descalzi on Wednesday met Egypt’s President Abdel Fattah el-Sisi, and briefed him ...

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Oil hits 18-month highs as markets eye output cuts

Oil prices hit 18-month highs on Tuesday, the first trading day of 2017, buoyed by hopes that a deal between OPEC ...

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Hyperdynamics taps Schlumberger for Guinea drilling services

Hyperdynamics is getting ready to begin drilling operations at its offshore block in the Republic of Guinea. The ...

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BW Offshore scores short-term FPSO extension

Norway’s BW Offshore has signed an extension agreement for FPSO Abo with Nigerian Agip Exploration Ltd, a ...

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Spectrum in 3D seismic shoot off Gabon

Spectrum has started the first of a series of 3D multi-client seismic acquisition programs offshore Gabon. Spectrum ...

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HAPPY NEW YEAR 2017!

Dear readers, we wish you a happy and prosperous New Year 2017! If you’ve been following Offshore Energy ...

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Major offshore energy events of 2016, Vol. 2

What follows is the second part of major offshore energy events, covering a period from July to December 2016.

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