Schlumberger posts revenue bump, but lower profit
Oilfield services provider Schlumberger recorded a 38% drop in its fourth quarter 2019 profit and an increase in ...
read more →Petrobras launches sale of two Brazilian offshore assets
Brazilian oil giant Petrobras has started the opportunity disclosure stage for the sale of its entire stake in two ...
read more →Israel starts piping gas from Leviathan field to Egypt
Noble Energy has started exporting natural gas from its operated Leviathan field located offshore Israel to Egypt.
read more →Incident on Terra Nova FPSO results in safety order
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued an order to Suncor Energy ...
read more →BW Energy IPO slated for first quarter of 2020
Norwegian FPSO operator BW Offshore is targeting 1Q 2020 for the IPO and listing of its 68.6% owned exploration and ...
read more →Rystad: O&G industry entering new offshore investment cycle
A strong 2019 provided telltale signs that the industry was entering a new offshore investment cycle, stated Espen ...
read more →More time to Tullow for drill or drop decision in Jamaica
Tullow Oil has amended the production sharing agreement on the Walton Morant license, located offshore Jamaica, to ...
read more →FPSO Polvo gets another extension in Brazil
BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.
read more →U.S. weekly offshore rig count down third time in a row
The number of offshore rigs in the U.S. dropped for the third time in a row, according to weekly rig count reports ...
read more →Popular news, January 6 – 12, 2020
Offshore Energy Today's most popular news of the past week.
read more →'Energy transition not impacting exploration drilling'
The energy transition and extinction rebellion led the energy news agenda and discussions in company boardrooms in ...
read more →Noble takes Maersk drillship for Colombian well
Maersk Drilling has been awarded a contract for the 7th generation drillship Maersk Valiant which will be employed ...
read more →Stena drillship arrives in Peru ahead of Karoon well
Karoon Energy has said that the Stena Forth drillship has arrived in the Port of Callao Lima Peru ahead of drilling ...
read more →Rystad: Oil & gas discoveries reach four-year high in 2019
The world’s oil and gas explorers have discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest ...
read more →Deep Down hired for two emergency umbilical repairs
Houston-based oilfield services company Deep Down has received orders from two independent oil and gas operators ...
read more →Call for nominations issued for areas offshore Newfoundland
Canadian offshore regulator has issued a call for the nominations of areas of interest located in the Eastern ...
read more →One dead, five injured in incident on Brazil-bound vessel
One worker has died and five others have been injured in an incident on board the Boskalis-owned vessel, which was ...
read more →Worldwide offshore rig count in December up 22 rigs Y-o-Y
The worldwide offshore rig count in December 2019 increased by 11 units sequentially and 22 units year-over-year, ...
read more →Transocean wins $352.9M in new backlog
Transocean has secured a $352.9 million of contract backlog from new contracts and extensions. The company sees ...
read more →Rystad: UK emerges as cost-cutting powerhouse
Operational production costs in the oil and gas industry have fallen across the globe, with the United Kingdom ...
read more →Premier hires Valaris drillship for Brazil well
Oil and gas company Premier Oil has hired a Valaris-owned drillship for operations on Block 717 located offshore Brazil.
read more →Three injured in fire on Pemex platform
Three people were injured in a fire on the Pemex-operated offshore platform, located in the Southern Gulf of ...
read more →Independent evaluation of Zama exceeds Talos range
Results from an independent, third-party contingent resource evaluation of the Talos Energy-operated Zama discovery ...
read more →Apache cheers 'significant oil discovery' off Suriname
Apache has announced it has made a significant oil discovery at the Maka Central-1 well drilled offshore Suriname ...
read more →New player joins Premier's Sea Lion project
Rockhopper Exploration and Premier Oil have signed a detailed heads of terms with Navitas Petroleum to farm in for ...
read more →BPC creates fund for Bahamian investors
Bahamas Petroleum Company (BPC) has incorporated a Bahamas-based mutual investment fund with the aim of owning BPC ...
read more →U.S. weekly offshore rig count down to 22 units
The number of offshore rigs in the U.S. dropped to 22 units last week, according to weekly rig count reports on ...
read more →