Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…
Anapetro, an association of shareholders in Brazil’s Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.In a public letter to company management…
Marine, offshore, and engineering consultancy Global Maritime has recently signed a Framework Agreement with BP to provide the oil firm with specialist marine services.The HitecVision-backed firm said that the three-year frame agreement would cover marine vessel assurance…
Norwegian seismic acquisition company PGS, has in partnership with PetroCi and Direction Générale des Hydrocarbures, wrapped up phase two of the Côte d’Ivoire MegaSurvey, adding 9 897 sq. km of 3D and 24 632 km 2D in the Tano Basin. Data from phases 1 and 2 have been matched…
Royal Dutch Shell Plc is shutting production at four Gulf of Mexico offshore platforms and evacuating all workers from those locations because of the threat from Tropical Storm Ida, the company said on Thursday night.The Ursa, Mars, Olympus…
U.S. energy companies on Thursday began airlifting workers from Gulf of Mexico oil production platforms and moved vessels from the path of what could become a devastating hurricane by the weekend.A storm is brewing in the Caribbean Sea and is…
Offshore drilling firm Noble Corporation will sell four jack-up drilling rigs to drilling company ADES for $292 million. Noble Corp, which recently acquired Pacific Drilling, expects to generate around $285 million in cash from the ADES transaction net of fees…
UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea, close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…
UK-based oil company IOG, focused on developing its Southern North Sea gas fields, has renamed its Core Project and the associated Thames infrastructure.IOG, which changed its own name from Independent Oil & Gas to IOG in April, has said that the Core Project would now be named Saturn Banks Project…
Chinese national offshore oil and gas company CNOOC has started production from its Bozhong 26-3 oil field expansion project in the south of Bohai Sea, The field is located in an area with an average water depth of around 21 meters. 'In addition to fully utilizing the existing processing facilities…
Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…
The Norwegian offshore oil and gas safety body Petroleum Safety Authority Norway has identified breaches of regulations aboard Dolphin Drilling's Borgland Dolphin drilling rig and has issued the rig owner with a notification of order.The PSA…
Deepwater drilling contractor Transocean has secured a $252 million firm contract at the Shenandoah field in the U.S. Gulf of Mexico for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30 million…
Norwegian harsh environment offshore drilling company Odfjell Drilling swung to profit in the second quarter of the year, with a reported net profit of $27 million, compared to a loss of $6 million in 2Q 2020.Odfjell Drilling's operating revenue grew to $233 million…
Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed.Burning fossil fuels…
Subscribe
