Reach thousands of offshore professionals!

Find new clients with Offshore Energy Today!

BP to leave 3 trade associations in push for net-zero

UK oil major BP has said that, following an in-depth review examining the alignment of the climate-related policies ...

read more →

Helix Energy returns to quarterly profit

Houston-based offshore services company Helix Energy Solutions managed to return to quarterly profit on the back of ...

read more →

Kosmos swings to loss despite higher revenues

Kosmos Energy sank to a loss in the last quarter of 2019 despite a significant increase in revenues compared to the ...

read more →

Geoquip Marine completes upgrade of geotechnical vessel

Geoquip Marine has completed a conversion and upgrade to its most recently acquired multipurpose geotechnical ...

read more →

U.S. weekly offshore rig count down to 22 units

The number of offshore rigs in the U.S. dropped by one unit over the last week, according to weekly rig count ...

read more →

Kosmos elects replacement as CFO decides to retire

Kosmos Energy has informed that Thomas P. Chambers, who has served as senior vice president and chief financial ...

read more →

Popular news, February 17 – 23, 2020

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

read more →

Noble Corporation gets listing warning from NYSE

Offshore rig owner Noble Corporation has received a continued listing standard notice from the New York Stock ...

read more →

SembMarine: Ex-consultant convicted of corruption in Brazil

A former consultant connected to Singapore's offshore rig builder Sembcorp Marine has been convicted of corruption ...

read more →

Shell orders equipment for Whale from Deep Down

Houston-based oilfield services company Deep Down has received an order from oil major Shell for work related to ...

read more →

Pemex decides not to award more work to EMGS

EMGS has been forced to take immediate action and implement a cost-cutting program due to detrimental effect of ...

read more →

Otto rejoins Byron in GoM drilling program

After refusing to participate in Byron Energy’s SM71 F4 well in the Gulf of Mexico, Otto Energy decided that it ...

read more →

Rystad: Oil firms to splash billions on Stabroek block

Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in ...

read more →

Transocean's contract backlog tops $10 billion

Transocean has secured more work for its fleet of offshore drilling rigs and brought its total contract backlog to ...

read more →

Eni hits new oil find offshore Mexico

Eni has made a new oil discovery on the Saasken Exploration Prospect in Block 10, located in the mid-deep water of ...

read more →

Karoon comes up dry in Peruvian offshore well

Australia's Karoon Gas has failed to find oil in the Marina‐1 exploration well, located in Block Z‐38 Tumbes Basin ...

read more →

Byron's Gulf of Mexico pay above expectations

Oil and gas company Byron Energy has hit pay in the South Marsh Island Block 71 F4 well in the Gulf of Mexico.

read more →

U.S. weekly offshore rig count stuck at 23

The number of active offshore rigs in the U.S. remained unchanged at 23 units last week, according to weekly rig ...

read more →

Popular news, February 10 – 16, 2020

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

read more →

More offshore EPC spending in 2020, prices remain a focus

Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in ...

read more →

Valaris picks up bag of new contracts for rig fleet

Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and ...

read more →

Reach Subsea sees 'unprecedented level of visibility'

Reach Subsea has been awarded several contracts and call-offs under frame agreements for 2020 execution, ...

read more →

Prosafe and Floatel give up on merger plans

Prosafe and Floatel have decided to abandon their merger plans amid financial uncertainty and regulatory objections. 

read more →

TGS begins Gulf of Mexico refocus imaging program

Norwegian seismic giant TGS has started the Eastern Delta Refocus 3D ocean bottom seismic (OBS) imaging program in ...

read more →

Noble seals new deal with ExxonMobil

Noble Corporation and ExxonMobil have announced the execution of a unique commercial enabling agreement for ...

read more →

Shell takes over operatorship of three blocks off Colombia

Oil major Shell has acquired a 50 percent stake in Fuerte Sur, Purple Angel, and COL-5 blocks offshore Colombia ...

read more →

BOEM outlines plan for new oil & gas lease sale in GoM

The Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale ...

read more →