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Kvaerner, Aker Solutions, Samsung to work on FPSOs

Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In ...

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Velesto to provide jack-up for Mubadala's Pegaga campaign

Velesto Drilling has been awarded a contract by UAE-based Mubadala Petroleum for the provision of a jack-up ...

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Polarcus wins 10-month seismic acquisition program in Brazil

Seismic services provider Polarcus has been awarded a marine seismic acquisition program in Brazil. 

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Subsea 7 gets Ærfugl job from Aker BP

Subsea 7 has been awarded a sizeable contract by Aker BP for the Ærfugl Phase 2 gas field development, located ...

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SBM firms up Sepetiba FPSO contract with Petrobras

SBM Offshore has signed contracts with Petrobras for the 22.5 years lease and operation of FPSO Sepetiba.

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Norway: Oil output in November higher than expected

Norwegian oil production during November 2019 was significantly higher than the Norwegian Petroleum Directorate ...

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Aker BP orders subsea production system from Aker Solutions

Aker Solutions has been awarded a contract from Aker BP to deliver the subsea production system for the second ...

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UOG closes sale of North Sea blocks to Hibiscus

United Oil & Gas has completed the sale of the North Sea Blocks 15/18d and 15/19b (License P2366) to Hibiscus for a ...

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Audit finds emergency preparedness issues on Transocean rig

Norwegian offshore safety watchdog has found 11 non-conformities related to the working environment and emergency ...

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Seismic ops underway over Total's block in South Africa

New marine seismic acquisition programs over the Total-operated Block 11B/12B offshore South Africa have started.  ...

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'Projects with breakeven above $60 risk being uncommercial'

Energy projects that need oil prices above $60 per barrel in order to break even risk being uncommercial going ...

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Court to decide on Bourbon takeover offer this month

If the court were to favor an offer by a group of French banks it would lead to the liquidation of the listed ...

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Archer eyes new contract for modular rig

Archer has entered into a Letter of Intent with a North Sea operator for the provision of drilling services using ...

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Springfield reveals Ghana discovery volumes

Springfield and its partners have officially announced significant oil discovery following its maiden Afina-1 well ...

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Wison kicks off construction for Arctic LNG 2 project

Wison Offshore & Marine started the fabrication for Novatek's Arctic LNG 2 Project at its Zhoushan Yard in China on ...

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PTTEP takes Energy Drilling's rig for Thai drilling

Singapore's Energy Drilling has been awarded a contract by PTTEP to provide drilling services on the Arthit field ...

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Wood to modify Equinor's platforms for floating wind project

Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the ...

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Maersk Drilling joins forces with Halliburton and Petrofac

Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be ...

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Chevron to write down up to $11 billion

Chevron has announced that its organic capital and exploratory spending program for 2020 will be $20 billion, the ...

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Noble rig getting ready to drill for RockRose

Rockrose Energy has informed that the Noble Houston Colbert jack-up drilling rig is preparing to drill the first of ...

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Talos spends $640M on portfolio of GoM assets

Talos Energy has entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico ...

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DOF Subsea lands two-month contract in Africa

DOF Subsea has entered into a two-month long contract with an international energy client in Africa.

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Vår Energi doubles Norwegian output

Oil and gas company Vår Energi has completed the acquisition of ExxonMobil’s upstream business in Norway and ...

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Aker Energy boss resigns

Aker Energy has named Svein Jakob Liknes, most recently Aker Energy’s Head of Operations, to acting Chief Executive ...

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Aker BP boasts new well stimulation method

Aker BP has executed the first successful “Single-Trip Multi-Frac” campaign on the Valhall field located offshore ...

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SBM adds more time to 'Normand Installer' charter

Dutch FPSO operator SBM Offshore has extended the charter for the construction support vessel (CSV) Normand ...

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JDC secures additional work for Hakuryu-11 rig

Japan Drilling Company has secured additional work for its Hakuryu-11 jack-up, which will see the rig employed ...

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