ConocoPhillips to keep 2019 capital flat

U.S. oil major ConocoPhillips has revealed that its capital expenditure budget for 2019 will be $6.1 billion. 

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Spectrum in large 3D survey offshore Brazil

Spectrum is starting a large 3D survey in the Potiguar basin offshore the Equatorial Margins of Brazil.

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Popular news, December 3 – 9, 2018

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

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U.S. weekly offshore rig count unchanged

One of Ensco's drillships

The number of active offshore rigs in the U.S. remained unchanged this past week but was 3 rigs stronger compared ...

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Canada: Funds available offshore drilling assessment

CEAA has made funds available to assist in participation in the regional assessment of offshore drilling east of ...

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Chevron in first capex boost after four years

Chevron has announced a $20 billion-dollar capex for 2019, marking a first budget boost after it had lowered capex ...

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Petrobras to spend $68.8B on E&P. Plans to order 7 new FPSOs

Brazilian oil company Petrobras has set aside $84 billion dollars to spend between 2019 and 2023. Most of this will ...

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Sparrows lands Pemex crane gig

Sparrows Group has signed a five-year blanket order with Pemex to service 41 of its cranes situated on assets in ...

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IHS Markit to rig owners: Curb your enthusiasm!

Following several years of depressing market conditions, offshore rig owners have started showing optimism about ...

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Orinduik partners to spud first well in 2019

Partners in the Orinduik block offshore Guyana have revealed drilling plans for 2019.

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CGX gains support from Frontera for drilling costs in Guyana

CGX Energy and Frontera Energy have entered into a letter agreement to enable CGX to finance the drilling costs ...

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DEA buys into giant Zama discovery offshore Mexico

German oil company DEA Deutsche Erdoel AG is set to get a stake in the giant Zama offshore oil discovery in Mexico ...

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Chevron elects new board member

U.S. oil major Chevron has elected a new member of the company’s board of directors.

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Suncor restarting at Terra Nova

Canadian energy company Suncor has restarted production at its Terra Nova FPSO located offshore Canada. 

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We’re ready to compete, Pacific Drilling’s new CEO says

Pacific Drilling, an offshore drilling specialist with one of the younger fleets in the industry is off to a fresh ...

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Talos spuds appraisal well at giant Zama discovery (Mexico)

U.S. oil firm Talos Energy has started drilling of an appraisal well at the Zama field, a two-billion barrel find ...

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Petrobras, Murphy form Gulf of Mexico JV

Brazilian oil firm Petrobras and the U.S. oil company Murphy Oil have formed a Gulf of Mexico-focused joint venture ...

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ExxonMobil in its 10th discovery offshore Guyana

ExxonMobil has made its tenth discovery offshore Guyana and increased its estimate of the discovered recoverable ...

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Rowan drillship gets more GoM time with Exxon

ExxonMobil has exercised the first two options for the Rowan Companies-owned drillship Rowan Relentless.

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Guardian Geomatics in survey deal with Ocean Infinity

Houston-based seabed intelligence provider Ocean Infinity has awarded a contract for the provision of survey ...

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Ocean Infinity to use Solstad vessel for seabed survey

Solstad Offshore has entered into a contract with Ocean Infinity for one of its construction support vessels.

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ABS, GE teaming up on digital twin tech for offshore rigs

ABS, one of the world’s leading classification societies, has teamed up with GE collaborating on digital twin ...

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Wood picks new president for strategy and development

Oilfield services provider Wood has appointed a new executive president for strategy and development.

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Popular news, November 26 – December 2, 2018

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

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U.S. offshore rig count down by two units

The number of offshore rigs in the U.S. dropped by two units last week, according to a Friday report by Baker ...

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ExxonMobil reports near miss incident on Hebron

ExxonMobil has reported a high potential near miss incident on the Hebron platform located offshore Newfoundland, ...

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EnVen spuds King Crab well in Lobster field

Oil company EnVen Energy has started drilling its King Crab well on Ewing Bank Block 873 in its Lobster field.

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