Energy consultancy Xodus Group said it has appointed two principal consultants to its subsea integrity management team.Djamel Hamel and Chris Overton combined add more than 60 years’ experience to Xodus’ team which regularly provides integrity management support to UKCS operators…
Woodside Petroleum flagged a challenging near-term outlook on Thursday as it grapples to win over its partners to back $34 billion worth of new oil and gas projects amid a souring global environment.Australia's biggest independent oil and gas…
Aberdeen-based decommissioning company Well-Safe Solutions said it has awarded two multimillion-dollar contracts to continue the transformation of the semi-submersible drilling rig Well-Safe Guardian into a bespoke plug and abandonment unit…
Vår Energi said it has awarded an engineering, procurement, construction and installation (EPCI) contract to Rosenberg Worley for the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the Balder field until 2045…
Airborne Oil & Gas announced on Wednesday it has secured a contract with Addax Petroleum which will see the firm deliver two gas lift jumpers offshore Nigeria.The Netherlands headquartered business will supply two, 180-meter-long thermoplastic…
A group of projects worth more than £1.3 million ($1.6 million) aims to develop new innovative technologies for use in offshore drilling operations.With the help of £640,000 ($772,000) in co-funding from the Oil & Gas Innovation Center (OGIC)…
Norwegian offshore vessel owner Siem Offshore said it has sold the multipurpose support vessel (MPSV) Siem Marlin to Nigerian services company Marine Platforms.Siem Offshore did not disclose the sale price.Siem Marlin, a 2009-built multipurpose…
Australia-based Woodside Energy has awarded Halliburton nine conditional contracts for drilling and completion services for Senegal's first deepwater offshore oil development, the oilfield services company announced on Monday.The SNE Field Development Phase 1 drilling campaign…
Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance chief said on Monday.Cedric Burgher, in his first public remarks since the $38 billion acquisition closed last week…
An Aberdeen-based provider of predictive analysis services said it has secured a new multimillion-dollar contract with CNOOC for digital services across the company’s assets on the UK continental shelf (UKCS).OPEX Group's three-year contract with CNOOC Petroleum Europe Limited…
Brazil's state-run oil company Petroleo Brasileiro SA said on Monday it had prepaid a 2.7 billion reais ($678 million) debt with its employees' pension fund Petros that was due in 2028, according to a securities filing.Petrobras, as the company is known…
Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets…
Tullow Oil PLC said on Monday it has made a large oil discovery in Guyana, sending its share price soaring on expectations that it will develop a productive field in the South American country's nascent oil industry.Shares London-based Tullow…
Brazil's state-controlled oil company Petrobras sold stakes in a set of oilfields known as Polo Macau, located in the country's Potiguar Basin, to SPE 3R Petroleum for $191.1 million, the company said on Friday.Petrobras, or Petróleo Brasileiro SA…
Norwegian E&P company Petrolia NOCO AS has appointed Linn Katrine Høie as its new managing director.Høie comes to Petrolia NOCO with broad experience from the energy sector, most recently working with digitization of field development in Aker BP…