Connecting gears of the energy transition
The energy transition is one of the greatest challenges of our time
→Coronavirus spread pushes Bahamas well to October
Bahamas Petroleum Company (BPC) has further pushed back the drilling of its first exploration well in The Bahamas, ...
read more →Rystad: Over million oilfield jobs on the line
More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to low project ...
read more →Connecting gears of the energy transition
Together with other Navingo platforms, Offshore Energy Today is moving into a new home, which will be launched on ...
read more →Chevron trims 2020 spending plan by $4 billion
Chevron has made a decision to reduce its 2020 capital spending plan by $4 billion thereby joining many of its ...
read more →'Two-thirds of O&G project sanctioning could face delays'
The effects of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent ...
read more →Husky freezes activities on West White Rose project
Canadian oil and gas company Husky Energy will begin a systematic and orderly suspension of major construction ...
read more →Prosafe to claim full contract value from EnQuest
Following EnQuest's cancellation of mobilization of the Prosafe-owned Safe Zephyrus accommodation rig in the North ...
read more →Chevron orders umbilicals from Aker Solutions
Aker Solutions has entered into a master agreement to provide umbilicals for the Chevron-operated oil and gas ...
read more →Seacor Marine takes full ownership in liftboat business
Seacor Marine has acquired the remaining 28% of the equity interests in Falcon Global Holdings that it did not ...
read more →Byron Energy hits pay in Gulf of Mexico well
Oil and gas company Byron Energy has hit oil and gas pay in the F5 well in the Gulf of Mexico but decided to ...
read more →U.S. weekly offshore rig count stuck at 19
The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by ...
read more →W&T submits high bids for two Gulf of Mexico blocks
Houston-based oil and gas company W&T Offshore was the apparent high bidder on two blocks in the Gulf of Mexico ...
read more →Popular news, March 16 – 22, 2020
Offshore Energy Today's most popular news of the past week.
read more →Rystad: Coronavirus crisis could slow energy transition
The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel ...
read more →How are you doing? Please let us know and share
The coronavirus is turning our daily lives upside down. Contact with colleagues, customers, and suppliers has ...
read more →U.S. pulls in over $93 million in high bids from GoM sale
The U.S. Bureau of Ocean Energy Management has generated over $93 million in high bids for 71 tracts in Federal ...
read more →Sea Lion partners remain committed to farm-out
Partners in the Sea Lion project, located offshore the Falkland Islands, remain committed to the completion of a ...
read more →Lankhorst to supply mooring lines for Liza Unity FPSO
Mooring rope specialist Lankhorst Offshore has been awarded a contract by SBM Offshore to supply the mooring lines ...
read more →ConocoPhillips to trim capex by 10 pct
Oil major ConocoPhillips is taking several actions in response to the recent oil market downturn.
read more →FPSO hull arrives in Brazil for module integration
Petrobras has informed that the hull of the FPSO P-71 has arrived from China to a Brazilian shipyard for ...
read more →BW Offshore scores 5-year deal for Gulf of Mexico FPSO
FPSO leasing specialist BW Offshore has signed a five-year contract for the lease and operation of the BW Pioneer ...
read more →C-NLOPB unveils set of measures to reduce coronavirus impact
Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has revealed its set of measures aimed as a ...
read more →Hess shaves off $800 million of its budget
In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation ...
read more →Kosmos to suspend dividend, reduce
Kosmos Energy has decided to reduce its capital and operational expenditures as well as administrative costs, and ...
read more →ExxonMobil moves to cut spending
ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 ...
read more →Another oil & gas operator shrinks 2020 budget
U.S.-based oil & gas operator W&T Offshore has reduced its capital expenditure budget for 2020 and that it has ...
read more →Chairman of Gulf Island Fabrication to retire
The chairman of U.S. offshore facilities fabrication company Gulf Island has decided to retire from his position ...
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