Upturn in Energy Sector Travel for Wings

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Popular news, November 12 – 18, 2018

The most read offshore industry news of the week

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Otakikpo partners moving to data interpretation stage

The 3D seismic acquisition and processing operations on the Otakikpo field offshore Nigeria have been completed.

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Shelf Drilling: Jack-up utilization rising, dayrates low

Jack-up rig specialist Shelf Drilling expects rig utilization to further increase in 2019, but the CEO has ...

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Ocean Rig Poseidon rig starts Eni work in Angola

Offshore driller Ocean Rig has informed that its drillship Ocean Rig Poseidon has been hired by Eni, and has ...

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Eni in another partnership with Mubadala

Italian oil company Eni has sold to UAE-based Mubadala Petroleum a 20% stake in the Nour North Sinai offshore ...

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Angola: Total's Kaombo offshore project officially launched

The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior, the Chairman and CEO of Total ...

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Popular news, November 5 - 11, 2018

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

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FAR drills duster in Gambia's first offshore well in 40 yrs

FAR Limited has failed to reach main targets at the first well to be drilled offshore The Gambia in 40 years, ...

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Angola: Eni expands perimeter of prolific offshore block

Italian oil company Eni has signed an agreement with Angola's national oil company Sonangol to expand the perimeter ...

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Worldwide offshore rig count rises in October

The worldwide offshore rig count in October rose by three units compared to October 2017 numbers. According to ...

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Tower inks new petroleum agreement in Namibia

Tower Resources has signed a new petroleum agreement with the Government of Namibia covering an 80% operated ...

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U.S. sanctions on Iran make market exposed to demand spikes

The U.S. on Monday imposed sanctions on Iran's energy, shipping and shipbuilding, and financial sectors, a move ...

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Tullow working to achieve nameplate capacity on two FPSOs

Tullow Oil is working to increase production from two of its operated fields offshore Ghana towards the nameplate ...

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Popular news, October 29 – November 4, 2018

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

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AP still seeking arbitrator for Senegal case

African Petroleum (AP) is looking for an alternative arbitrator for its arbitration proceedings in Senegal after a ...

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Polarcus in 3D seismic shoot in West Africa

Seismic specialist Polarcus has won a contract to carry out a 3D marine seismic acquisition project offshore Africa.

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Vitol buys Petrobras' Nigerian assets for $1.4B

A Vitol-led consortium has agreed to acquire a Petrobras' offshore fields in Nigeria for $1.407 billion. The ...

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Anadarko awaiting nod to award Mozambique offshore deals

Anadarko, as operator of Mozambique’s offshore Area 1, is waiting for approval from the Government of Mozambique ...

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Panoro picks onshore rig for offshore drilling in Tunisia

Panoro Energy has plans to use the CTF-4, a 2,000-horsepower onshore rig for the drilling of the Salloum West-1 ...

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Ensco lands drillship work with Total

One of Ensco's drillships

UK-based offshore driller Ensco has won a new contract for one of its ultra-deepwater drillships.

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Trio to explore deep waters of Algerian offshore

Eni CEO Claudio Descalzi

Italian oil company Eni, French Total, and  Algerian state-owned Sonatrach have signed two agreements which include ...

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Yinson, First E&P take more time to seal FPSO deal

Malaysian FPSO supplier Yinson and Nigerian oil company First E&P have given themselves more time to conclude an ...

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Popular news, October 22 - 28, 2018

Offshore Energy Today's most read news of the week

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Lekoil goes to court over regulatory approval delay

Nigeria-focused oil company Lekoil has informed that a court hearing will be held next month regarding its 2015 ...

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Higher oil prices boost Total's 3Q profit

French oil major Total posted a 45 percent increase in the third quarter 2018 profit, boosted by higher production ...

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Gabon set to launch offshore licensing round

The Republic of Gabon is set to launch an offshore licensing round offering the country's shallow and deepwater ...

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Tullow exits PEL30 license off Namibia

Tullow Oil has decided to withdraw from the PEL30 license (Cooper Block) offshore Namibia. This was confirmed by ...

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