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Petrofac fetches over $120 million with new deals

Oilfield services provider Petrofac has been awarded contracts and extensions with a combined value of more than ...

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Boskalis in record-breaking FPSO transport award

Boskalis secures works for three semi-submersible transport vessels

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North Sea Producer FPSO beaching in Bangladesh 'illegal'

A court in Bangladesh has ruled that the import, beaching, and shipbreaking of the North Sea Producer FPSO in ...

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CNOOC elects new chief executive officer

Oil and natural gas producer CNOOC has promoted its executive director and president to the position of the chief ...

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Rystad: Supermajors could raise over $27B in selling spree

The global oil and gas supermajors are looking to sell assets that could bring in a total of $27.5 billion, ...

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Popular news, November 11 – 17, 2019

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

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Company trio forms offshore vessel operating joint venture

Singapore-based offshore services provider Kim Heng Offshore & Marine has signed a joint venture agreement with ...

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Baron Oil in reverse takeover of Singapore-based E&P company

UK-based oil and gas company Baron Oil has made a move to acquire a Singapore-based private E&P company, SundaGas, ...

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KrisEnegy orders Cambodia's first offshore oil platform

Southeast Asia-focused oil and gas company Kris Energy has signed a Letter of Award with Profab for the supply of a ...

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Conrad Petroleum's Tambak drilling a success

Conrad Energy has recovered "extensive fluid and gas samples“ from its Tambak-1 well offshore Indonesia, its ...

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New mega-projects to boost investments in oilfield service

A fresh wave of offshore project sanctions across Southeast Asia could boost greenfield investments in the oilfield ...

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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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EU approves Saudi Aramco and Hyundai Heavy joint venture

The European Commission has approved the creation of a joint venture between subsidiaries of oil giant Saudi Aramco ...

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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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POSH Endurance vessel hired for Brunei work

Singapore’s offshore vessel operator Pacc Offshore Services Holdings has found work for its offshore vessel POSH ...

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Carigali Hess charter Velesto jack-up on a 3-year contract

Malaysian offshore drilling company Velesto Drilling has scored a contract with Carigali Hess for the provision of ...

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Cash offer ahead for Singapore's POSH

Quetzal Capital has announced a voluntary conditional cash offer for all of the issued and outstanding ordinary ...

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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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Borr adds $155M to backlog with new contracts

Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million ...

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Sembcorp Marine to build Shell’s Whale FPU

Sembcorp Marine has won a contract from Shell to build and integrate the topside and hull of a Floating Production ...

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Vietnam: Another short-term extension for Lam Son FPSO

Malaysian FPSO supplier Yinson has secured another short term extension for the Lam Son FPSO in Vietnam.

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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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Mubadala gearing up to drill three Thai wells

Mubadala Petroleum is preparing to start a three-well drilling campaign on the Manora field located in the G1/48 ...

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Ezion to shed three jack-up rigs for three dollars

Singapore's offshore service rigs provider Ezion Holdings had entered into a conditional sale and purchase ...

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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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