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FAR eyes $350M debt facility for SNE development

Australia-based FAR Limited has made plans to arrange a seven-year debt facility of up to $350 million for the ...

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Tamarind subsidiary goes into voluntary administration

The New Zealand subsidiary of Malaysia's energy company Tamarind Resources has gone into voluntary administration ...

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Equinor needs to modify Stromlo-1 plan

Australian offshore oil and gas safety regulator NOPSEMA has told Norway's Equinor to modify its environment plan ...

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Woodside takes FID on key component of Burrup Hub

Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf ...

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Popular news, November 4 – 10, 2019

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

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Woodside increases gas estimate for Scarborough project

Australian oil and gas company Woodside has completed subsurface studies on the Scarborough gas field, resulting in ...

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Solstad secures six-vessel deal from Woodside

Norwegian vessel owner Solstad Offshore has entered into a contract with Woodside for the provision of six vessels.

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Saudi Aramco, ADNOC mega-deals boost contract activity in Q3

The global oil and gas industry has seen a substantial boost from contract activity in the Middle East resulting in ...

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Worldwide offshore rig count in October up 37 rigs Y-o-Y

The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units ...

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MMA closes Neptune takeover

Australian offshore support vessel company MMA Offshore has completed the acquisition of the business of Neptune ...

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Santos agrees to acquire stake in Melbana's Beehive

Australian oil firm Santos has exercised an option to acquire a 40 interest in Melbana's Beehive permit offshore W. ...

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Conrad spuds second well offshore Indonesia

Conrad Petroleum has started drilling the Tambak-1 well located in the Duyung PSC in the Natuna Sea offshore ...

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Popular news, October 28 – November 3, 2019

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

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Offshore investments from last upturn unable to make money

According to Rystad’s evaluation of oil fields sanctioned since 2010, international E&P companies are struggling to ...

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BW seeks to recover overdue payments for FPSO Umuroa

BW Offshore has found uncertainties related to payment of outstanding overdue hire and payment of future hire by ...

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Shell buys Total's offshore block for $300M

French oil giant Total has decided to sell its interest in a block located offshore Brunei to Shell for $300 million. 

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MODEC lands Barossa FPSO award

Japan's MODEC has signed a contract with ConocoPhillips to supply a floating production storage and offloading ...

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Inpex hires Solstad AHTS duo for Ichthys drilling support

Norwegian offshore vessel owner Solstad Offshore has been awarded a contract by Japanese oil and gas firm Inpex for ...

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KrisEnergy to dispose of interest in Indonesian block

KrisEnergy has accepted a binding letter of offer by a 'major international oil and gas company' for the disposal ...

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Diamond sinks deeper into the red

Diamond Offshore nearly doubled its losses as its revenues dropped in the third quarter of 2019 when compared to ...

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Valaris secures batch of new contracts for rig fleet

Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier ...

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Popular news, October 21 – 27, 2019

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

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Conrad Petroleum's Tambak-2 DST hits snag (Indonesia)

Oil and gas company Conrad Petroleum has hit a snag with the Drill Stem Testing at its Tambak-2 offshore well in ...

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McDermott bags another Greater Tortue Ahmeyim award

McDermott has been awarded a sizeable fabrication subcontract for the BP-operated Greater Tortue Ahmeyim natural ...

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Polarcus wins more work offshore Australia

Marine seismic player Polarcus has been awarded a seismic acquisition project in Australia.

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Searcher wraps up prospectivity study off Papua New Guinea

Searcher Seismic, an independent seismic data acquisition company, has completed its Northern Basins Prospectivity ...

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Worker seriously injured as drill line falls on rig deck

Offshore rig worker seriously injured after drill line falls on deck

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