Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

Popular news, March 30 – April 5, 2020

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

read more →

Worldwide offshore rig count in March drops by 4 rigs Y-o-Y

The worldwide offshore rig count in March 2020 has dropped four rigs sequentially and year-over-year, according to ...

read more →

Not much wiggle room to cut supply chain costs, Rystad says

In the downturn of 2020, global E&P operators will only be able to cut supply chain costs by up to 12%, a Rystad ...

read more →

Triangle in cost-cutting efforts amid oil price slump

Triangle Energy has joined many other oil and gas companies in efforts to preserve financial stability amid low oil ...

read more →

Woodside gets regulatory nod for Scarborough project

Australian regulator has accepted an offshore project proposal from Woodside to develop the Scarborough gas fields ...

read more →

Rystad: Global investments in 2020 to drop to 13-year low

Under Rystad Energy's updated base case scenario of $34 per barrel in 2020 and $44 per barrel in 2021, global ...

read more →

Cooper's Sole field starts gas supply into pipeline

Australia’s Cooper Energy has informed that its operated Sole gas field, located offshore Australia, is now ...

read more →

Chevron extends services contract with Worley

Worley has been awarded a two-year extension to an existing services contract with Chevron in Australia. 

read more →

FAR and Woodside reach settlement in Senegal dispute

Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside's entry into the ...

read more →

Popular news, March 23 – 29, 2020

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

read more →

Project sanctions take the hit as Woodside halves spending

Australian energy giant Woodside has made a decision to reduce its total expenditure for 2020 by 50% as a response ...

read more →

Valaris gets two contract terminations in Angola

Offshore drilling contractor Valaris has received contract terminations for two rigs operating offshore Angola, one ...

read more →

ConocoPhillips to take operatorship of Australian permit

Australia's 3D Oil Limited and ConocoPhillips have executed a joint operating agreement in relation to the offshore ...

read more →

Rystad: Over million oilfield jobs on the line

More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to low project ...

read more →

Connecting gears of the energy transition  

Together with other Navingo platforms, Offshore Energy Today is moving into a new home, which will be launched in ...

read more →

'Two-thirds of O&G project sanctioning could face delays'

The effects of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent ...

read more →

Beach Energy’s Australian survey open for comment

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has invited public ...

read more →

Popular news, March 16 – 22, 2020

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

read more →

Rystad: Coronavirus crisis could slow energy transition

The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel ...

read more →

How are you doing? Please let us know and share

The coronavirus is turning our daily lives upside down. Contact with colleagues, customers, and suppliers has ...

read more →

Woodside reducing number of workers at facilities

Australian energy giant Woodside is reducing the number of workers on its facilities in an attempt to minimize the ...

read more →

NOPSEMA transitions to remote work amid coronavirus outbreak

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has taken steps to ...

read more →

Market challenges not preventing Dorado FEED

Australia’s Santos and Carnarvon Petroleum are progressing as planned with the development of the Dorado ...

read more →

Polarcus hit with project cancellation in Asia Pacific

Polarcus has received termination for its previously awarded XArray marine seismic acquisition project in the Asia ...

read more →

Popular news, March 9 – 15, 2020

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

read more →

Husky defers two offshore projects

Husky Energy has decided to cut its 2020 capital spending by $900 million in upstream spending and an additional ...

read more →

NOPSEMA assessing Beach's Otway pre-drilling program

Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun an ...

read more →