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Seadrill posts $206M 2Q loss. Long-term work rates improving

Offshore drilling contractor Seadrill posted a net loss of $206 million in the second quarter of 2019, compared to ...

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Dry well for Aker BP in the Norwegian Sea

Norwegian oil and gas operator Aker BP has failed to find oil at the 6608/6-1 exploration well in the North Sea.

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Equinor strikes oil at Sputnik wildcat

West Hercules; Source: Lundin

Equinor has made an oil discovery at the Sputnik prospect in the Barents Sea offshore Norway. 

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DOF AHTS duo to support OMV drilling ops in New Zealand

Oslo-listed offshore supply vessel owner DOF has won work for two AHTS contracts to support OMV's drilling ...

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Deep Down to supply equipment for Shell's Kaikias field

 U.S. subsea equipment specialist Deep Down has secured an order from the oil major Shell related to equipment ...

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Another oil spill at Hibernia platform off Canada

"The nature and frequency of these incidents in our offshore area are obviously concerning,” said Scott Tessier, ...

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Conrad charters jack-up rig for Indonesia offshore drilling

Oil and gas company Conrad Petroleum has received approval for its Duyung license drilling plans in Indonesia and ...

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Jumbo testing biofuel use during decommissioning gig

Dutch offshore heavy lift, installation, and transportation firm Jumbo will test the use of bio-fuel oil aboard one ...

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U.S. weekly offshore rig count rises to 27 units

The number of active offshore rigs in the U.S. rose to 27 units last week, Baker Hughes reported in its weekly rig ...

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Equinor wraps $965M Caesar/Tonga buy

Norwegian oil firm Equinor has received regulatory approval in the U.S. for the acquisition of Shell's stake in ...

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BW Offshore becomes operator in Brazil. Gets nod for Maromba

The total acquisition price for the Maromba field is USD 115 million

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Worley's Intecsea wins consultancy gig for MJ field project

MJ is a gas condensate field and is the third field under development as part of the KG D6 integrated development ...

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Petrofac, Socar awarded Absheron support work

UK oilfield services provider Petrofac has in a joint venture with SOCAR won an engineering and technical services ...

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Husky to resume White Rose oil production after oil spill

Husky Energy is preparing to resume oil production from two offshore drill centers at the White Rose field off ...

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Lundin makes small oil discovery in North Sea

Lundin Norway has made a small oil discovery in the North Sea offshore Norway, 285 kilometers west of Stavanger.

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Popular news, August 12 – 18, 2019

Offshore Energy Today's most popular news of the past week.

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Vaalco extends FPSO charter off Gabon

BW Offshore has received a one-year contract extension for the lease of one of its floating, production storage and ...

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Prosafe bags Mariner extension for 'Safe Boreas'

Equinor has exercised the fourth of six one-month options to extend Prosafe's Safe Boreas flotel at the Mariner ...

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Norwegian oil output in July above expected levels

Norwegian oil production during July 2019 was slightly above expected levels, according to Friday’s report by the NPD.

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PGNiG gains consent to use Odfjell rig on Norwegian Sea well

The Norwegian Petroleum Directorate (NPD) has granted Polish state-controlled oil and gas company PGNiG a drilling ...

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Kosmos hires Maersk drillship for E. Guinea well

Maersk Voyager

A Maersk Drilling-owned drillship has been hired by Kosmos Energy to drill an exploration well offshore Equatorial ...

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Santos making progress at Dorado's second appraisal well

The Noble Tom Prosser jack-up rig

Australian Santos is making progress with drilling operations at its second appraisal well on the Dorado oil and ...

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Hibernia allowed to resume production following July spill

Canadian offshore regulator has issued an approval to Hibernia Management and Development Company (HMDC) to resume ...

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Seadrill teams up with Gulf Drilling for Qatar contract

West Castor

Seadrill Limited has entered into a joint venture with Gulf Drilling International (GDI) following a recent ...

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Hunting acquires riser technologies manufacturer

Hunting PLC has completed the acquisition of the business and assets of RTI Energy Systems (RTIES) for a total cash ...

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Xodus adds consultants to subsea integrity team

International energy consultancy Xodus Group has appointed two principal consultants to its subsea integrity ...

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Vår Energi hands out contract for Jotun FPSO life extension

Norwegian oil and gas company Vår Energi has awarded an Engineering, Procurement, Construction and Installation ...

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