NSO2019: Save the date!

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Exxon to devote $100M for lower-emissions tech research

U.S. oil giant ExxonMobil will invest up to $100 million over 10 years to research and develop advanced ...

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Petrobras books smaller profit as output declines

Hit by lower crude oil prices, Brazilian state-owned oil and gas giant Petrobras recorded a smaller profit in the ...

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Saudi Aramco, Equinor invest in blockchain platform

Houston-based technology company Data Gumbo has completed a $6 million equity funding round for its ...

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Worldwide offshore rig count in April up 62 rigs Y-o-Y

The worldwide offshore rig count in April 2019 increased by 5 units sequentially and by 62 rigs year-over-year, ...

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Tower pushes back Cameroon offshore drilling date

Oil company Tower Resources is delaying its Cameroon offshore drilling plans citing the need for further site ...

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Rystad Energy: Offshore O&G has tremendous room for growth

Offshore continues to thrive and has much to offer in the future despite oil price downturns and the shale ...

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Anadarko: Oxy's revised takeover bid superior to Chevron's

A Gulf of Mexico platform by Anadarko / Source: Anadarko

Anadarko Petroleum's Board has said that Occidental Petroleum's revised takeover received on May 5, 2019, is a ...

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Talos spuds Bulleit appraisal well

Talos Energy has started drilling the Bulleit appraisal well in Green Canyon 21 in the Gulf of Mexico using the ...

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TechnipFMC wins Thunder Horse expansion job

TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation ...

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BP approves Thunder Horse South expansion project in GoM

Oil major BP has sanctioned development of the Thunder Horse South Expansion Phase 2 project in the deepwater Gulf ...

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Concerns over Turkey's drilling ops off Cyprus

The United States, the European Union, and Egypt have all expressed their concerns over Turkey's plans for offshore ...

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Kosmos to sell down Mauritania/Senegal stake

Kosmos Energy has started a process to sell down its interest in acreage located offshore Mauritania/Senegal. ...

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Occidental revises Anadarko takeover offer

Anadarko Petroleum has received a revised proposal from Occidental Petroleum under which Anadarko shareholders ...

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ExxonMobil, Hess sanction Liza Phase 2 development

Partners in the Liza Phase 2 Development Offshore Guyana - ExxonMobil and Hess - have made a final investment ...

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AOG, Simeros team up to deliver first TCP risers in Brazil

Airborne Oil & Gas and engineering company Simeros Technologies have signed a collaboration agreement to deliver ...

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Popular news, April 29 – May 5, 2019

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

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Guyana approves CGX, Frontera offshore block farm-out

Guyana has approved the previously proposed farmed out of a share in CGX's two offshore blocks in Guyana to ...

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Oil industry welcomes release of revised Well Control Rule

U.S. Interior Department is rolling back offshore well control rules in what it says is a push to reduce regulatory ...

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Ampelmann picks up Gulf of Mexico job

Ampelmann has won a contract with U.S. offshore vessel owner Harvey Gulf for maintenance work on an oil and gas ...

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Baker Hughes profit halved in first quarter

Baker Hughes, a GE company, saw less than half of the profit in the first quarter of the year compared to the ...

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Buffett's Berkshire Hathaway to invest $10B in Oxy

Billionaire Warren Buffet's company Berkshire Hathaway has committed to invest $10 billion in Occidental Petroleum, ...

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EnscoRowan signs deals for three floaters and five jack-ups

Offshore driller EnscoRowan has nabbed eight rig contracts and contract extensions with the likes of Total, Kosmos, ...

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ConocoPhillips earnings jump amid higher output

ConocoPhillips reported an increase in its quarterly earnings on the back of higher output when compared to the ...

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McDermott scoops Amoca field contract in Mexico

McDermott International has been awarded a contract by Eni for engineering, procurement and construction of ...

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Talos set to spud Gulf of Mexico well

Noble Don Taylor

Talos Energy is preparing to spud the Bulleit appraisal well located in the Green Canyon 21 lease in the U.S. Gulf ...

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Teekay selling remaining stake in Teekay Offshore

Oil and gas shipping firm Teekay has agreed to sell all of its remaining interest in Teekay Offshore, a provider of ...

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Oceaneering to digitally transform Pacific Drilling's rigs

Subsea engineering firm Oceaneering and offshore driller Pacific Drilling have entered into an industry-first, ...

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