Monkey Island LNG has awarded McDermott a master services agreement (MSA) to provide front-end engineering and planning services for its planned $25 billion liquefied natural gas (LNG) export facility in Cameron Parish in Louisiana.Phase 1 of…
Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract…
Texas-based oilfield services provider Expro has achieved a world record by deploying the heaviest casing string to date, using its advanced Blackhawk Gen III Wireless Top Drive Cement Head with SKYHOOK technology in the Gulf of Mexico.The record…
Equinor and Shell have appointed Neil McCulloch as Chief Executive Officer (CEO) and Nicoletta Giadrossi as Chair of their offshore U.K. incorporated joint venture, Adura.The appointments mark a key step in establishing Adura as the U.K. North Sea’s largest independent oil and gas producer…
Petrodec’s newly constructed heavy lift jack-up vessel, named Obana, has started decommissioning work in the Southern North Sea for Perenco.Obana is working on the decommissioning of the Galahad platform, after which it will move to the Amethyst field for the removal of the C1D…
U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility…
Austrian oil, gas and chemicals group OMV plans to cut 2,000 of its 23,000 worldwide staff, the Kurier newspaper reported on Thursday evening.Citing staff unions, the paper said the company's Romanian subsidiary Petrom SNPP.BX would be especially severely hit…
Norwegian oil and gas firm Vår Energi has completed the drilling of second well at the Balder field in the North Sea using COSL Drilling Europe’s COSL Pioneer semi-submersible drilling rig.COSLPioneer delivered the second well, BT-4, at the Balder field for Vår Energi…
Oil and gas firm Tullow Oil has appointed Ian Perks as its new Chief Executive Officer (CEO).Perks will take up the role of CEO and join the Board on September 15, 2025. Following the appointment, Richard Miller, who is currently Chief Financial Officer (CFO) and Interim CEO…
Africa-focused oil and gas company Afentra has signed Heads of Terms with Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) for a Risk Service Contract covering offshore Block 3/24, its first operated license in the country.The formal award is expected in the coming months…
Norway's energy ministry said on Thursday it has received applications from 20 oil and gas companies seeking exploration acreage in the government's annual mature-areas (APA) licensing round.This year's round will contain more acreage in the Arctic Barents Sea…
The U.S. Environmental Protection Agency (EPA) has approved SLB’s Methane LiDAR Camera as an alternative test method (ATM) for methane detection under the OOOO family of regulations, aimed at stopping fugitive methane emissions.The SLB Methane…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin…
French seismic firm Viridien, in collaboration with joint venture partner TGS, has started the Megabar Extension Phase I survey in the Barreirinhas Basin offshore Northern Brazil.The 5,300 sq km multi-client 3D seismic survey will be acquired…
Azule Energy, the joint venture between Italian oil and gas explorer Eni and BP, expects to invest another $5 billion in Angola over the next four to five years, Eni's Chief Operating Officer Guido Brusco told Reuters on Wednesday.The latest…