Higher oil prices alone can’t save OSV players

There is a long ride ahead for the offshore support vessel owners

Rystad: Top wildcats to watch in 2019

Several wildcat wells planned for 2019 have the potential to be "elephant" finds, according to Norwegian oil and ...

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Shell, Sapura hire McDermott for offshore Malaysia work

McDermott has won two "sizable" contracts from Shell and Sapura Exploration and Production for offshore ...

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Popular news, February 11 – 17, 2019

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

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Oil companies to enter South Korean offshore wind market

State-run Korea National Oil Corporation (KNOC) and Norwegian oil major Equinor have decided to jointly enter into ...

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Yinson nets $578 million FPSO operation and maintenance job

Yinson has received and accepted a letter of award from JX Nippon to provide operation and maintenance services for ...

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Philippine company decides not to invest in Emas Offshore

Philippine corporation Udenna has broken off negotiations over a potential investment of $73 million in Emas Offshore.

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Velesto reveals rig contract extension with Hess

The U.S. oil company Hess has extended the contract for the Naga 8 jack-up drilling rig in Malaysia. The rig is ...

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Bassoe: Boredom in offshore rig market won't last

It’s gotta stop at some point. And it will. There’s more excitement coming.

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Coro Energy buys into Mako gas field offshore Indonesia

Coro Energy has entered into an agreement to buy a 15 percent share in the Duyung offshore block in Indonesia.

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Popular news, February 4 – 10, 2019

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

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Worldwide offshore rig count up by 50 units Y-o-Y

The worldwide offshore rig count in January 2019 increased by five units sequentially and 50 rigs year-over-year, ...

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WoodMac: Supply chain recovery to continue in 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, ...

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Interview: Higher oil prices alone can’t save OSV players

There is a long ride ahead for the offshore support vessel owners, and some of them might not make it to the finish line

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Popular news, January 28 – February 3, 2019

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

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Report: GDI sells one of its jack-up rigs for demolition

Gulf Drilling International, a subsidiary of Gulf International Services, has reportedly sold one of his rigs for ...

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Malaysia's Sapura Energy enters E&P pact with Austria's OMV

Malaysia’s Sapura Energy and Austria’s OMV have successfully concluded their previously proposed ...

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Rystad: Guyana makes Exxon leader of 2018 exploration pack

U.S. oil major ExxonMobil was the leader of the pack among the top oil and gas explorers of 2018, boosted by its ...

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Exxon taps Saipem for Blue Whale FEED offshore Vietnam

ExxonMobil has awarded a front end engineering and design contract to Italy's Saipem for the Ca Voi Xanh (Blue ...

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Ophir Energy board accepts $511 million Medco takeover offer

Medco and Ophir Energy have agreed to proceed with a proposed deal under which Medco will buy Ophir for 55 pence a ...

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Unique to provide diving solutions to POSH Subsea

Unique Group has entered into a contract with Singapore-based POSH Subsea to offer integrated diving solutions.

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Medco given until January 31 to launch offer for Ophir

Indonesia’s Medco Global has been given more time to decide whether it will proceed with the proposed ...

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Four contractors win six jack-up rig deals with India's ONGC

Indian oil company ONGC has hired six jack-up rigs from four different offshore contractors.

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Popular news, January 21 – 27, 2019

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

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WoodMac: CNOOC sets bullish tone for rest of Chinese firms

Announcing its strategic plan for 2019, CNOOC Ltd has set a bullish tone for the rest of the Chinese national oil ...

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Keppel: No V-shape recovery for offshore rig business

Keppel is seeing signs of improvement in the offshore and marine business, however, the company is cautious with ...

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Yinson takes DOF vessel for Layang field work

Yinson Energy has awarded DOF Subsea Asia Pacific Region a contract to provide transportation & installation ...

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Medco charters JDC semi-sub for Indonesia drilling

Indonesian oil and gas company Medco has hired a semi-submersible drilling rig for drilling offshore Natuna, Indonesia.

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