Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent…
Australian oil and gas company Beach Energy said Monday it had made a gas discovery at the Artisan-1 exploration well located offshore Victoria Otway Basin in Australia.The Artisan 1 exploration well was spudded by the Diamond Offshore Ocean Onyx rig on February 23…
Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts…
Norwegian offshore vessel operator Island Offshore has recently set what it says is a world record with its deep-water installation vessel Island Victory during pre-laying of anchors at Lundin Energy's Solveig field in the North Sea, off Norway…
Malaysian oilfield services company Uzma has won a contract with Petronas Carigali for electric wireline logging services.Uzma said it would provide non-rig assisted electric wireline logging services for Petronas Carigali for a period of three…
Norwegian offshore vessel owner GC Rieber Shipping has delivered the Polar Queen vessel to new owners Schmidt Ocean Institute. The company announced the sale of the IMR vessel in February.'The vessel has today been delivered to the new owner…
Southeast Asia-focused oil firm KrisEnergy has yet again delayed the completion date of the proposed farm-out of its entire interest in Block 115/09 offshore Vietnam.KrisEnergy entered into the farm-out agreement with an unnamed international oil major for the Vietnam farm-out back in February 2020…
Offshore energy industry services provider Aqueos has acquired the Sea Scout, a U.S.-built multi-purpose service vessel, targeting renewable industry prospects in the U.S.'The vessel is a specialty built, high speed, shallow draft catamaran…
Chrysaor's first operated well offshore Norway has failed to unearth enough hydrocarbons to warrant development and will be plugged and abandoned.To remind, OKEA, Chrysaor's partner in the offshore license PL973, last week said that the well…
DNV, the independent energy expert and assurance provider, has signed a USD 17.7 million (NOK 150 million) contract to be the 'Owner’s Engineer' for Taipower Offshore Wind Project Phase II (Changhua Phase II) in Taiwan. It is the largest offshore…
Malaysia's Sapura Energy has said its President and Group CEO Tan Sri Shahril Shamsuddin was retiring Monday, after leading the Group for more than 25 years. He will be succeeded by Mohd Anuar Taib, who takes over the helm as Sapura Energy Group Chief Executive Officer beginning 23 March 2021…
Wagenborg Offshore said it has taken its third walk-to-work (W2W) vessel into service. The converted Keizersborg is used as a standby vessel for inspection and maintenance of unmanned platforms in both Dutch and British waters of the southern North Sea…
Australian firm BHP, working to develop the deepwater Trion oil field offshore Mexico, has selected the offshore engineering firm DORIS to continue into the next phase of Trion’s engineering work, related to subsea umbilicals risers and flowlines…
Italian energy industry services provider Saipem said Monday it had received a Letter of Award from Qatargas for a new contract worth over one billion U.S. dollars, related to the North Field Production Sustainability Pipelines Project located…
Norwegian oil company Aker BP has exercised the second one-year option for the extension of the contract for Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig.The extension will begin after the expiry of the first optional period in June 2022…