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Popular news, August 12 – 18, 2019

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

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Seadrill teams up with Gulf Drilling for Qatar contract

West Castor

Seadrill Limited has entered into a joint venture with Gulf Drilling International (GDI) following a recent ...

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Rystad: FPSO market headed for major renaissance

The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance ...

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Westwood: 2019 gas discoveries up and oil down on 2018

High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration ...

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Popular news, August 5 – 11, 2019

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

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Rystad sees downside risk to 2020 oil prices

Oil market is going from gloomy to gloomier, according to Norwegian energy intelligence firm Rystad Energy.

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Mermaid secures new subsea deals

Mermaid Maritime's Middle East and South East Asian business units have recently been awarded subsea contracts with ...

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Worldwide offshore rig count in July up 45 rigs Y-o-Y

The worldwide offshore rig count in July 2019 went up by 10 units compared to June, and 45 year over year, ...

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Shelf Drilling narrows loss, adds $343 million to backlog

Shelf Drilling reduced its net loss in the second quarter of 2019 and added $343 million to its contract backlog ...

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Popular news, July 29 – August 4, 2019

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

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McDermott clinches another EPCI job with Saudi Aramco

McDermott International has been awarded another large contract by Saudi Aramco. McDermott said on Thursday that, ...

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Energean adds four new license to Israeli portfolio

Greek oil and gas company Energean has been awarded four new licenses for oil and gas exploration in the Israeli EEZ.

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Golar LNG and Exmar competing for Leviathan FLNG job

Partners in the Leviathan project located offshore Israel have entered into two separate interim agreements with ...

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Rystad: Offshore market takes the lead in employment

In an analysis of the oilfield service industry, sector intelligence firm Rystad Energy noted that the main driver ...

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GSP to support TechnipFMC on Karish project

GSP has signed a contract with TechnipFMC for the execution of various works within the Karish Gas Development ...

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Merak well comes up dry for Dana Gas

Dana Gas has completed drilling operations at its Merak-1 well located offshore Egypt, but failed to find ...

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NPCC and Petrofac grab Belbazem FEED job

NPCC, in conjunction with its joint venture partner Petrofac, has secured a new contract with Al Yasat Petroleum to ...

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Popular news, July 22 – 28, 2019

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

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Japanese rig duo extends stay at Qatar's largest oil field

Qatari North Oil Company (NOC) has extended drilling contracts for a Japanese drilling rig duo at the giant Al ...

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ADNOC in collaboration agreement with Pertamina

ADNOC has signed a comprehensive strategic framework agreement with Indonesia’s Pertamina to explore opportunities ...

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Improvements in dayrate brings Polarcus back to profit

Seismic services player Polarcus returned to profit in the second quarter of 2019 from a loss in the corresponding ...

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Saipem bags new offshore drilling deals worth over $160M

Italian oilfield contractor Saipem has been awarded new offshore drilling contracts in Romania and Abu Dhabi worth ...

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ADNOC, CNOOC in "far-reaching" cooperation deal

ADNOC and CNOOC agree to cooperate in upstream, downstream, and LNG sectors.

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Popular news, July 15 – 21, 2019

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

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Israel receives bids for 12 offshore blocks

Israel flag

Israel’s second offshore licensing round has attracted bids from five oil and gas companies.

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Israel: Noble Energy keeping Alon D block stake

U.S. oil and gas company Noble Energy will not be relinquishing its stake in the Alon D license offshore Israel, ...

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Rystad: Project sanctioning in 2019 ready to surpass 2014

Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently ...

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