Borr Drilling CEO speaks up on new drilling contract model

The driller is offering performance based drilling contracts to oil firms.

James Fisher begins Gulf of Mexico platform salvage

Subsea excavation specialist James Fisher Subsea Excavation (JFSE), part of James Fisher & Sons, has begun the ...

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Cobalt gets second NYSE warning

Houston-based oil company Cobalt International Energy has again been found in violation of the listing standard at ...

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GoM: Over 1M barrels of daily oil production still shut-in

Operations in the Gulf of Mexico are slowly returning to normal following Storm Nate, but another 1 million barrels ...

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Ensco to cut 79 Atwood jobs following acquisition

UK offshore driller Ensco has decided to cut 79 Atwood jobs after it successfully closed the acquisition of its ...

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OEEC: The rise of renewables

Offshore Energy Exhibition and Conference on Tuesday hosted ‘The rise of renewables session’ that ...

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Peru: Anadarko signs deals for three offshore blocks

President of Peru has presided over the signing of exploration and production deals with Anadarko Petroleum for ...

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Workers return to Gulf of Mexico following Storm Nate

After Tropical Storm Nate fizzled out, offshore oil and gas operators in the Gulf of Mexico have begun re-boarding ...

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Shell's Appomattox hull arrives in USA

Oil giant Shell shared several images last Friday through its social media channels of the Appomattox hull reaching ...

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BSEE: 92 percent of oil production shut-in due to Storm Nate

Offshore oil and gas operators in the Gulf of Mexico have remained evacuated from platforms and rigs in response to ...

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HMDC pleads guilty to Hibernia oil leak charges

The operator of the Hibernia platform, Hibernia Management and Development Company Ltd. (HMDC), has pled guilty to ...

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ConocoPhillips names new board member

U.S. oil major ConocoPhillips has named a new member of the company’s board of directors. ConocoPhillips said last ...

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Corvus' energy system to power NCA's new MPV

Corvus Energy has been selected by Rolls-Royce as the supplier of a lithium-ion-based energy storage system for the ...

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U.S. weekly rig count stays flat. Down from 2016

The number of offshore rigs operating in the U.S. is down by four units last week, according to a report by Baker ...

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Popular news, October 2 – 8, 2017

The most popular articles of the week.

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Woodmac: Guyana could become regional oil powerhouse

Guyana, a non-oil producing country resting on the northern coast of South America, might soon become an oil and ...

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Ensco closes Atwood acquisition

UK offshore driller Ensco on Friday completed its acquisition of the U.S.-based rival Atwood Oceanics.  Ahead of ...

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International offshore rig count 31 units short y-o-y

The international offshore rig count in September 2017 dropped by 31 unit year-over-year, according to a Friday ...

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Gulf of Mexico operators curb output ahead of Storm Nate

Offshore oil and gas operators in the U.S. Gulf of Mexico are evacuating platforms and rigs and shutting-in ...

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Ensco, Atwood shareholders approve all-stock merger

Shareholders of offshore drillers Ensco and Atwood Oceanics have approved the previously proposed merger of the two ...

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Petrobras granted local content waiver for Libra hull

Brazil’s state-owned oil giant Petrobras has been given permission not to use a local yard for the ...

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Exxon keeps drilling, Guyana keeps giving

U.S. oil major ExxonMobil on Thursday announced it made a fifth new oil discovery after drilling the Turbot-1 well ...

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Zero bids submitted for Pemex's Ayin-Batsil block

Mexico on Wednesday organized a bidding for oil companies interested to partner with Pemex for three blocks in ...

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Dutch firm retrieves broken off gangway offshore Brazil

OOS International’s semi-submersible crane, construction, and accommodation vessel, the OOS Gretha, has completed a ...

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W&T set to drill Gulf of Mexico prospect

U.S.-based oil & gas operator W&T Offshore will start drilling the South Timbalier 224 (ST 224) lease in ...

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GoM operators evacuate staff ahead of severe weather

Oil and gas operators in the U.S. Gulf of Mexico are securing their offshore facilities and evacuating ...

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CBO names Bossa Nova AHTS vessel in Brazil

Brazilian offshore vessel owner Grupo CBO has named the Bossa Nova anchor handler at a ceremony in Itajai, Brazil. ...

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Keppel lands Liza FPSO conversion project

Keppel Offshore & Marine’s subsidiary Keppel Shipyard has secured a floating production storage and ...

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