Cyprus is blocking new European Union sanctions against several officials from Russia-annexed Crimea in a bid to secure EU backing for tougher action against Turkey in a separate row over drilling for hydrocarbons, three diplomatic sources said…
BHP has hired engineering company DORIS for the engineering services for the SURF and export pipeline scopes of work of the Trion project located offshore Mexico.DORIS did not provide the financial details of the deal, nor the expected delivery timeline…
UK-focused oil firm Jersey Oil and Gas (JOG) has agreed to (re)acquire Equinor's 70 percent stake in the Verbier oil discovery in the UK North Sea. JOG will also become the operator.The consideration for the acquisition consists of two milestone…
Offshore drilling company Seadrill has hired Semco Maritime to prepare the newbuild West Bollsta drilling rig for the Norwegian Continental Shelf.The recently delivered drilling unit, currently at anchor near Tenerife, is soon to set sail for Semco Maritime's yard at Hanøytangen outside Bergen…
Singapore's Keppel Corp. Offshore & Marine division posted a profit for the full year 2019 citing cost cuts and lower impairment costs.For the full year, Keppel O&M posted a net profit of S$10 million, a significant increase compared to a loss of S$109 in 2018…
Europa Oil & Gas will have to start looking for another farm-in partner to help it drill its Inishkea offshore prospect in Ireland after an oil major has pulled out from farm-in talks.Europa has been in talks for over a year to farm-out a portion…
Oilfield services company Stratagraph has appointed William A. Hagan as its new president and chief executive officer.Hagan was previously president at the Lafayette, La. based mud logging and pressure detection services company. He has performed roles in sales…
Nigerian oil company Lekoil has been given more time to find funds it needs to contribute for the drilling operation at the OPL 310 block in Nigeria, following a recent funding fiasco with unnamed scammers.Lekoil was required to pay Optimum Petroleum…
The Norwegian offshore safety regulators have found irregularities aboard the recently delivered West Bollsta offshore rig.The rig is owned by Northern Drilling's spin-off Northern Ocean, and managed by Seadrill. The regulator, PSA Norway, carried out an audit late in November 2019…
Russian oil giant Lukoil plans to sign an agreement with Azerbaijan's state energy company SOCAR for two offshore blocks in Azerbaijan, the Interfax news agency reported on Wednesday. CEO Vagit Alekperov told reporters in Davos that the two firms are discussing a number of projects…
Oil and gas exploration firm Edison has reportedly started drilling operations at its North Thekah concession offshore Egypt.According to what appears to be Edison's press release circulated online, Edison started drilling on January 18, 2020 in the Mediterranean Sea block…
BW Energy has completed the second production well of the Tortue Phase 2 development, offshore Gabon.'The DTM-5H well marks the completion of the first of two new well clusters on the Tortue field which will be tied back to the FPSO BW Adolo and boost oil output…
Caspian Sunrise, a Kazakhstan-focused oil and gas explorer, is venturing into offshore oil and gas exploration. The company, which has mostly been focused on onshore activities on Tuesday proposed the acquisition of the Caspian Explorer drilling vessel…
Byron Energy will put off a planned drilling operation in the Gulf of Mexico, as bad weather has hampered the rig move.Providing an update on its planned South Marsh Island F4 well, Byron said Tuesday it had been advised by the drilling contractor…
Offshore support terminal operator Brasco, a Wilson Sons Group company, has partnered with APM Terminals Pecém to set up a temporary logistics base at the Pecém Industrial and Port Complex. It will be the first offshore port support operation to take place in Ceará…
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