API’s IM standards boost offshore safety

API is continuing to lead the way on safety

SBM Offshore pays $150M for Constellation's share in 5 FPSOs

SBM Offshore has been designated as the successful bidder for Constellation's share in five Brazilian FPSOs.

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Baker Hughes sheds name appendix after GE separation

Baker Hughes, a GE company, has announced its name change to Baker Hughes Company.

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BHP strikes oil in Trinidad and Mexico

Australia's BHP has drilled two additional exploration wells as part of a deepwater drilling campaign offshore ...

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SBM Offshore secures $1.14 billion loan for Liza Unity FPSO

Dutch FPSO provider SBM Offshore has secured project financing for the FPSO Liza Unity for a total of $1.14 billion.

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Wood names new CEO of its Americas business

Oilfield services provider Wood has appointed a new chief executive officer (CEO) of its Americas business.

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U.S. Gulf of Mexico oil output to break records

U.S. Gulf of Mexico oil production is expected to set new production records in 2019 and 2020

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Suncor in another incident on Terra Nova FPSO

Canadian offshore regulator has reported a near miss incident on the Terra Nova FPSO operating in the Atlantic ...

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LLOG orders 'first-of-kind' subsea trees for Shenandoah

The U.S. Gulf of Mexico operator LLOG has ordered subsea trees from TechnipFMC for its Shenandoah project in the ...

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Petrobras orders another FPSO from MODEC

Japan's MODEC has received a letter of intent for the supply, charter, and operations of an FPSO vessel for Marlim ...

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Yinson to provide FPSO for Marlim project

Yinson has been awarded two letters of intent by Petrobras for the charter, operations and maintenance of FPSO ...

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ONGC Videsh in oil & gas discoveries in Brazil and Colombia

ONGC Videsh, international business of the Indian oil company ONGC, has announced two discoveries in Brazil and Colombia.

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U.S. weekly offshore rig count flat at 24

The number of active offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report ...

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Argentina urges oil firms to stop Falkland O&G activities

Argentina has urged oil companies to stop activities related to offshore oil and gas exploration and production in ...

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Popular news, October 7 – 13, 2019

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

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Offshore investments on the rise in 2019, Rystad says

As investments in tight oil increased from 2016 to 2018 and offshore investments decreased, according to Norwegian ...

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Bassoe: Enigma of offshore drilling rig values

Available assets, lack of capital, and sluggish fundamental market improvement are keeping rig values under pressure

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Chevron picks up two offshore blocks in Brazil

Chevron has been awarded two offshore blocks in the Santos and Campos basins as part of Brazil’s 16th Bidding Round ...

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Total wins new deep offshore block in Brazil

French Total and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th ...

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Fugro wraps up Gulf of Mexico surveys for Shell

Fugro has completed several deepwater geophysical surveys in the Gulf of Mexico for Shell. 

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BPC, Seadrill working to agree critical drilling dates

Bahamas Petroleum Company is working on finalizing a long-form rig contract with Seadrill and preparing for ...

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GulfSlope granted suspension for Gulf of Mexico block

The U.S. BOEM has granted GulfSlope approval for a suspension of production designation for its Lease OCS-G 35193, ...

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Murphy farms into Wintershall Dea's blocks offshore Brazil

Wintershall Dea has farmed down a 30% participating interest in its three Potiguar offshore exploration blocks to ...

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Maersk Supply secures new job in Brazil

Maersk Supply Service will provide an integrated mooring lines life extension solution for Shell’s FPSO Fluminense, ...

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SBM Offshore closes Brazil legacy case

Dutch FPSO operator SBM Offshore has confirmed a formal closure of its Brazil legacy case related to legacy bribery ...

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Kotug, Horizon Maritime establish Canadian JV company

Towage operator Kotug International and Horizon Maritime have formed a joint venture company which will offer ...

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Bristow set to emerge from Chapter 11

Offshore helicopter operator Bristow Group expects to emerge from Chapter 11 by the end of the month following a ...

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BOEM proposes 78 million-acre Gulf of Mexico lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has proposed to offer around 78 million acres for a region-wide ...

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