API’s IM standards boost offshore safety

API is continuing to lead the way on safety

U.S. DOJ: Eni investigation not closed for lack of evidence

Following Eni's statement last Tuesday about the U.S. Department of Justice's closure of investigation into the ...

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PetroRio gains more interest in Frade field

Brazilian oil and gas company PetroRio has completed the acquisition of an 18.26% interest in the Frade field ...

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Otto declines Byron's proposal for GoM well drilling

Australia-based oil and gas company Otto Energy has decided that it will not be participating in the drilling of ...

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U.S. DOJ closes Eni investigation

Eni has said it has received confirmation from the U.S. Department of Justice that the DOJ has closed its ...

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Valaris nets $245M in revenue backlog with new gigs

Valaris, previously known as EnscoRowan, has secured new contracts and contract extensions with associated revenue ...

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PetroRio begins Phase 3 of Polvo's revitalization plan

PetroRio has begun Phase 3 of its revitalization plan of the Polvo field located offshore Brazil with an aim to ...

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Oceaneering bags offshore decommissioning work in Canada

Offshore oilfield services provider Oceaneering has secured a contract to support a decommissioning project ...

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SBM Offshore to bid for Constellation's interest in 5 FPSOs

Dutch SBM Offshore will bid for an interest in five Brazilian FPSOs put up for sale by Constellation, previously ...

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U.S. offshore rig count down to 24 units

The number of offshore rigs in the U.S. dropped to 24 units last week, according to weekly rig count reports ...

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Popular news, September 23 – 29, 2019

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

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BPC cuts cost estimate for its maiden Bahamas well

Bahamas Petroleum Company has further cut the estimated cost of its upcoming exploration well in the Bahamas, as it ...

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Offshore regulator nods for Hibernia restart

Canadian offshore regulator has approved Hibernia Management and Development Company’s (HMDC’s) plan to resume ...

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ALE wins work in Gulf of Mexico with Subsea 7

Global heavy-lift specialist ALE has been awarded a major steel catenary riser (SCR) and umbilical pull-in contract ...

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CGX hires PGS for Corentyne survey, defers rig contract

CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also ...

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Eni gets nod for Ehecatl well offshore Mexico

Italian oil company Eni has received an approval to drill an exploration well in the shallow waters offshore Mexico.

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OGCI launches large-scale carbon capture initiative

The Oil and Gas Climate Initiative (OGCI), an initiative to tackle climate change and backed by 13 oil companies, ...

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U.S. weekly offshore rig count slips to 25

The number of offshore rigs in the U.S. dropped for a second week in a row, according to weekly rig count reports ...

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Popular news, September 16 – 22, 2019

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

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Aurelius finances Ardent's buyout

Alternative direct lender Aurelius Finance Company has provided financing to support the buy-out of global ...

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McDermott receives offers to sell tech unit for over $2.5B

McDermott International has received offers to sell its Lummus Technology business. The oilfield services company ...

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Petrofac sells remaining stake in Mexican ops to Perenco

Oilfield services provider Petrofac has sold its remaining 51 percent stake in Mexican operations to Perenco.

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Talos inks Gulf of Mexico exploration deals with BP, Exxon

BP and Talos to spud West Puma well in October

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Chevron to boost St. Malo output

Oil and gas major Chevron has sanctioned a waterflood project in the St. Malo field in the U.S. Gulf of Mexico. 

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U.S. Department of Energy funds three EOR tech concepts

The U.S. Department of Energy’s (DOE) Office of Fossil Energy has selected three projects to receive around $9 ...

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Polarcus in operation on wide-azimuth job in GoM

Seismic services player Polarcus has started operations on the wide-azimuth project offshore the Americas for ...

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Report: $16,4 billion worth of gas lost to flaring in 2018

Current levels of gas flaring cause more than 300 million tons of CO2 to be emitted into the atmosphere

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SembMarine's shipyard delivers new FPSO to Petrobras

Sembcorp Marine’s Brazilian shipyard, Estaleiro Jurong Aracruz, has completed an FPSO project for Petrobras. 

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