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Santos' organizational changes no threat to jobs

Australian natural gas company Santos has decided to keep its corporate center in Adelaide and create centers of ...

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Popular news, February 10 – 16, 2020

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

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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 ...

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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 ...

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PGS delivers data from North Carnarvon Basin survey

Norwegian seismic services provider PGS has made final data available for the Mawson multi-client 3D seismic survey ...

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Rystad cuts global oil demand forecast over coronavirus

The coronavirus epidemic in China has triggered restrictions in the country’s public transport and air travel, both ...

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OPEC calls for extending oil cuts amid coronavirus impact

OPEC has recommended extending oil production cuts until the end of 2020 due to the negative impact of the ...

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Cooper inks new gas supply agreement for Casino Henry

Australia's Cooper Energy has signed a new gas supply agreement with O-I for the supply of 1 PJ per annum for two ...

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Coro still waiting for approvals on Duyung PSC

Duyung PSC partners have agreed to a six-month extension for receipt of the necessary Indonesian approvals for the ...

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Unique Group expands in Australia with new acquisition

Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division and ...

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Popular news, February 3 – 9, 2020

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

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January's worldwide offshore rig count up 2 rigs Y-o-Y

The worldwide offshore rig count in January 2020 has dropped by 14 units sequentially but rose by two units ...

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Melbana Energy's takeover bid for Metgasco fails

Oil and gas exploration company Melbana Energy has been unsuccessful in taking over compatriot ASX-listed oil and ...

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NOPSEMA assessing Vermilion's Wandoo well plans

Australia’s National Offshore Petroleum Safety and Environmental Management Authority is assessing Vermilion ...

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Rystad expects further growth in floaters demand

Demand from the world’s top oil companies for floating drilling units is set to rise through 2020 and 2021, ...

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PGS gears up for Papua New Guinea survey

PGS will start the Painimaut 3D MultiClient program in Papua New Guinea (PNG) in early February.

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Worley CEO set for retirement

The chief executive officer (CEO) of Australian engineering company Worley has decided to retire. The company named ...

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Popular news, January 27 – February 2, 2020

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

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Coro Energy bails out of Indonesian acquisition

Coro Energy has decided not to proceed with the acquisition of a 42.5 percent stake in the Bulu production sharing ...

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Halliburton lands 3-year drilling deal on Ichthys

Giant oilfield services provider Halliburton has been awarded seven contracts for drilling and completion services ...

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OMV hires Solstad PSV for operations off New Zealand

Solstad Offshore has entered into a contract with OMV Taranaki for the provision of a platform supply vessel (PSV) ...

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Popular news, January 20 – 26, 2020

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

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Court rules in favor of Woodside in Bumi FPSO case

The Supreme Court of Western Australia has ruled in favor of Australian energy giant Woodside in a dispute over ...

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Equinor faces legal challenge over Bight drilling plans

Norwegian oil and gas company Equinor is facing a legal challenge over its offshore drilling plans in the Great ...

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New deals for DOF's Skandi Singapore vessel

Norwegian subsea service business DOF Subsea has won several contract awards in the Asia-Pacific (APAC) region.

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Glencore to market Sangomar crude oil

FAR Limited has signed a binding Memorandum of Understanding with Glencore for the full allocation of the company’s ...

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Premier farms into Mubadala's Indonesian blocks

Mubadala Petroleum has completed the farmout of a 20 percent participating interest in each of the Andaman I and ...

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