Oil and gas company Kosmos Energy said Wednesday it had agreed to sell some of its frontier exploration asset interests to Shell for up to $200 millionShell will acquire Kosmos’ interest in blocks offshore São Tomé & Príncipe, Suriname, Namibia…
Norwegian energy company Equinor has signed a three-well contract with offshore drilling contractor Noble Corp. for the use of the Noble Lloyd Noble jack-up drilling rig at the Valemon field, in the North Sea, offshore Norway. The drilling is slated to begin in the summer of 2021…
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Top oilfield service firm Schlumberger NV expects to return to 2019 level pre-tax margins by the end of next year, a sign the oil industry faces a long-haul to recover from the latest oil-price crash.Chief Executive Olivier Le Peuch told an…
Baker Hughes is pivoting to customers preparing for the transition to a low-carbon future, bolstering its footprint beyond oil and gas oilfield services, its chief executive said on Tuesday.The company will continue to downsize its oilfield services and equipment portfolio…
Teekay's Banff FPSO, which recently ceased production in the UK North Sea, has arrived at Kishorn Port for temporary mooring, ahead of recycling.The Banff FPSO had been producing oil for CNRI at the Banff and Kyle fields, some 200 kilometers…
Oil and gas firm Neptune Energy has started drilling on the Bue well in the Fenja field in the Norwegian Sea.The well, drilled by Seadrill's West Phoenix semi-submersible drilling rig will act as a pilot for the location of the Fenja field's…
Norwegian seismic data acquisition firm PGS has completed a large seismic survey offshore Angola using the 2008-built Ramform Sovereign vessel.The 2020 PGS Namibe Basin survey connects the 3D seismic coverage of southern Angola with PGS seismic data library coverage in Namibia…
Norwegian offshore vessel owner and manager GC Rieber Shipping has signed an agreement to transfer its fleet management services business to OSM Maritime Group, and become a pure shipowner.Under the agreement, GC Rieber Shipping will transfer all technical…
Dutch offshore gangway solutions provider Ampelmann has won a contract that will see one of its crew-transfer gangways deployed offshore India.Ampelmann said Tuesday that it had signed a contract with offshore engineering and construction firm…
The Scotland-based provider of subsea services and equipment Motive Offshore has said that it has managed to secure several contracts in the past months, with a large chunk coming from the renewables segment, and is also looking to recruit, and all this despite the global pandemic…
Brazil's Petrobras has completed the Drill Stem Test (DST) in the area of the Júpiter Discovery Assessment Plan, located in the Santos Basin pre-salt, reporting excellent well productivity, but high CO2 content.The Jupiter area belongs to the BM-S-24 concession…
Woodside-operated North West Shelf (NWS) LNG project in Australia could have up to 7 million tonnes per annum (mmpta) of spare capacity available by 2027. This equates to 40% of the project’s nominal capacity, energy intelligence firm Wood Mackenzie said in a report this week…
Dutch offshore installation contractor Heerema Marine Contractors has installed the first jacket of TenneT's Hollandse Kust (Zuid) offshore wind farm substation in the Dutch North Sea.Using its giant Sleipnir semi-submersible crane vessel, Heerema…
Australian oil and gas company Pilot Energy, with a stake in an offshore oil and gas block in the Northern Perth Basin, is now pursuing the development of an offshore wind farm in that same block.Pilot Energy said Friday it was starting a detailed…