Energy News

 

Brazil: Total Gives Up on Foz do Amazonas Offshore Blocks

Sep 07, 2020

French oil major Total has given up operatorship over five exploration blocks located in the Foz do Amazonas Basin, offshore Brazil.'Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks…

Australia's Offshore Oil and Gas Industry Faces New Indigenous Heritage Test

Sep 07, 2020

A discovery of ancient artefacts on the seabed off Australia's west coast has opened up a new frontier for resource companies to watch out for in conserving indigenous heritage.Archaeologists in July reported they had found hundreds of stone…

Woodside, Cairn Ink Binding Deal for Senegal Oil Field Rights Transfer

Sep 04, 2020

Australian oil and gas giant Woodside has signed binding agreements with Cairn for the acquisition of Cairn's 40 percent interest in Woodside-operated offshore oil blocks in Senegal.The firm deal, announced Friday, comes after Cairn had in July agreed to sell its interest in the Rufisque Offshore…

MMA Offshore Nets Long-Term Charter Extension with Woodside for AHT Duo

Sep 04, 2020

Australian offshore vessel operator MMA Offshore has secured vessel charter extensions with Woodside Energy.The contracts are for two of MMA Offshore vessels and will run until March 2022.'These extensions increase the Company’s contracted revenue…

Ex-Aker BP, Halliburton Experts Join Norwegian Wellbore Firm Marwell

Sep 04, 2020

Marwell, a recently established, Stavanger-based, wellbore and completion services company, has made two new senior appointments to run drilling and completions branches. Øystein Eide, until recently with Aker BP, will join the company to lead the drilling and well construction business…

Exploration Potential in North Sea Still Exists, Spirit Energy Says after Winning Six UK Blocks

Sep 04, 2020

Oil and gas company Spirit Energy has been awarded six new licenses in the UK North Sea as part of the UK's 32nd Offshore Licensing Round.Spirit was handed operatorship in three of the licenses; Medusa, Bucephalus and Cavendish N extension, and partnership in the remaining three…

Kato Energy Files Amulet Offshore Project Proposal

Sep 04, 2020

Australian oil and gas company Kato Energy has filed an offshore project proposal for the development of the Amulet field - and possibly the Talisman field - on the North West Shelf, offshore of mainland Western Australia (WA).The field, located 132 km north of Dampier…

Merkel Under Pressure to End Support for Nord Stream 2 after Kremlin Critic Poisoned

Sep 04, 2020

Pressure mounted on German Chancellor Angela Merkel on Thursday to reconsider the Nord Stream 2 pipeline, which will take gas from Russia to Germany, after she said Kremlin critic Alexei Navalny had been poisoned with a Soviet-style nerve agent…

ARO Drilling Names New CEO

Sep 04, 2020

ARO Drilling, a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco, has appointed new CEO.The offshore drilling company said via social media that Derek Kent was named as its Chief Executive Officer. He succeeds Kelly McHenry…

VIDEO: Huisman's Giant Sykhook Crane Lifts Offshore Wind Monopiles

Sep 04, 2020

Dutch crane specialist Huisman has lifted the first batch of offshore wind monopiles with its 2,600mt Skyhook quayside crane at its facility in China. The monopiles with a length of approximately 100m have a weight of approx. 1,700mt excluding rigging…

Petrobras Extends Charters for Three Subsea 7 PLSVs

Sep 04, 2020

Brazilian oil company Petrobras has extended contracts with offshore services company Subsea 7 for three pipelay support vessels (PLSVs) operating offshore Brazil. Subsea 7 said Friday that the extensions of long-term contracts had a combined value of about $155 million…

No New E&P Projects Expected in Mexican Plan

Sep 04, 2020

A Mexican government plan to boost the energy sector that could be unveiled in the coming weeks will not likely include any new exploration or production projects open to private or foreign oil firms, the head of an oil sector trade group said Thursday…

Prosafe, Shell Agree New Terms for Safe Zephyrus Flotel Charter

Sep 03, 2020

Offshore accommodation specialist Prosafe has agreed with Shell to defer and amend the charter deal for its DP3 Safe Zephyrus semi-submersible accommodation rig.The flotel company has been hit hard by COVID-19 related cancellations and contract delays in the past months…

SapuraOMV Brings Online Bakong Gas Field Offshore Malaysia

Sep 03, 2020

Malaysia's SapuraOMV Upstream on Thursday announced stable production from its Bakong gas field project under the SK408 Production Sharing Contract (PSC), offshore Malaysia.'The production phase started in June 2020. This follows the successful…

Premier Oil Gets Offshore Blocks Near Tolmount, Catcher Fields

Sep 03, 2020

UK-based oil and gas company has won three offshore licenses as part of the UK's 32nd Offshore Licensing Round. The round offered for award 113 license areas over 259 blocks or part-blocks to 65 companies.Premier Oil said that the blocks awarded were near its operated assets…

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