Latest News - page 1536


Shelf Drilling Gets Offshore Nigeria Extension

Dec 09, 2019

Dubai-headquartered offshore driller Shelf Drilling has secured a one-year extension to the jackup Trident XIV's current workover operations contract offshore Nigeria.According to the rig owner, the extension is in direct continuation of the rig’s current contract for workover operations…

Archer Bags Equinor Brazil Gig

Dec 09, 2019

Archer, a global oil services company, announced that Equinor Brasil Oleo e Gas Ltd has confirmed a new four-year contract for the provision of platform drilling management services on the Peregrino field development on the Peregrino A and B platforms respectively…

Petrobras Formally Approves AFGlobal ACD

Dec 09, 2019

AFGlobal announced on Monday that its Active Control Device (ACD) has been approved by Petrobras for use on its wells in Brazil. This approval follows rigorous testing review at the AFGlobal’s Advanced Technology Center in Houston, the company said…

Comment: In Romania, the Sun Also Rises

Dec 09, 2019

Depending on who you talk to, the Romanian offshore either has two projects worthy of mention and an aging supplier base, or it’s the most up-and-coming and accessible oil and gas province in all the world.The truth, as usual, is somewhere in the middle…

2G Robotics Unveils Micro Inspection Skid

Dec 09, 2019

Canadian marine technology company 2G Robotics said it has launched a new laser survey skid for inspection class remotely operated underwater vehicles (ROV).Developed in partnership with iXblue and Nortek, the all-in-one integrated Micro Inspection…

SBM Optimizes FPSO N’Goma Project Loan

Dec 09, 2019

SBM Offshore announced the closure of a supplemental non-recourse project loan facility of $250 million. The facility is related to the entity Sonasing Xikomba Ltd., which owns the floating production, storage and offloading unit (FPSO) N’Goma operating offshore Angola…

Providence Resources CEO Steps Down

Dec 09, 2019

Providence Resources chief executive officer Tony O’Reilly has stepped down from his position and resigned from the board with immediate effect to pursue outside opportunities, the Irish-based energy company announced.The company's board has initiated a process to identify and recruit a new CEO…

First Steel Cut for Cambodia Apsara Platform

Dec 09, 2019

Independent upstream oil and gas company KrisEnergy said first steel has been cut for the minimum facilities wellhead platform (MiniPlatform) for the Apsara oil field in Block A, offshore Cambodia, the nation’s maiden hydrocarbon development…

Saudi Aramco IPO Proceeds Rise to $29.4 Bln

Dec 09, 2019

The proceeds from Saudi Aramco's record initial public offering have risen to $29.4 billion after the oil company exercised an option to sell 15% more stock, an executive at one of the banks leading the deal told Al Arabiya news channel on Monday…

Tullow Production Falls, CEO Resigns

Dec 09, 2019

Tullow Oil said its Chief Executive Officer Paul McDade has resigned and the oil and gas explorer also scrapped its dividends, as it continues to face issues at its fields in Ghana.'While financial performance has been solid, production performance…

Neodrill, InterMoor Partner

Dec 09, 2019

Pre-rig technology solutions company Neodrill announced a global cooperation agreement with mooring, foundations and subsea installation services provider InterMoor for project execution and installation support.Effective immediately, the new…

Subsea UK: New Board for 2020

Dec 09, 2019

Subsea UK announced a new board of senior subsea leaders with a mix of expertise and knowledge across all sectors of the industry.The new board members are Dorothy Burke, Managing Director at Ecosse IP, Suzy Davies, VP HSSE Greenfield Projects at Aker Solutions…

Helicopter Missing in the US Gulf

Dec 09, 2019

The U.S. Coast Guard said it is searching by air and sea for two people aboard an overdue helicopter believed to have crashed in the U.S. Gulf of Mexico.The Coast Guard said its watchstanders received a report at 10:37 a.m. on Saturday from the helicopter's owner…

Electrifying Norway's Offshore Production

Dec 08, 2019

According to Rystad Energy, Norway has taken several steps to reduce its upstream emissions through electrifying offshore platforms, reducing flaring volumes, installing carbon capture and storage (CCS), and other energy efficiency measures…

NPD Grants Drilling Permit to ConocoPhillips

Dec 08, 2019

The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips Skandinavia AS a drilling permit for well 25/7-9 S, cf. Section 15 of the Resource Management Regulations.Well 25 / 7-9 S shall be drilled from the drilling equipment Leiv Eiriksson at position 59 ° 15'17…

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