Brazil's state-owned oil firm Petroleo Brasileiro SA said on Wednesday it had begun suspending operations of 62 shallow water platforms in the Campos, Sergipe, Potiguar and Ceara basins.Petrobras, as the company is known, had previously announced the shutdowns…
The UK-focused oil firm Hurricane Energy has said it is very pleased with the performance of its Lancaster Early Production System offshore the UK.Hurricane started up its Lancaster field west of Scotland's Shetland Islands in May 2019, via the Aoka Mizu FPSO…
Russian oil companies are examining which wells they will cork, looking mainly at mature fields where production was falling anyway and as Moscow needs to deliver its biggest output cut ever to comply with the new global supply deal, sources said…
Newly licensed offshore oil and gas exploration acreage is likely to fall by about 60% and onshore acreage by 30% compared with 2019 levels, Rystad Energy has said, as the Norwegian energy market analytics company expects more than half of the…
International Energy Agency (IEA) Executive Director Fatih Birol said on Wednesday this month could prove the worst ever experienced by the oil industry.'In a few years' time, when we look back on 2020 we may well see that it was the worst year in the history of global oil markets…
A Maersk Supply Service's offshore vessel was a target of an armed robbery in Mexico last weekend.Maersk Supply Service confirmed for Offshore Engineer that the incident occurred on Sunday, April 12 offshore Ciudad Del Carmen, Mexico.Armed robbers boarded Maersk Transporter…
Austrian oil and gas company OMV has de-manned its offshore platforms in the Taranaki Basin in New Zealand to only essential crews due to the COVID-19 pandemic.Responding to request for comment by Offshore Engineer on how it is dealing with the COVID-19 situation…
Austrian energy firm OMV has said it has struck oil and gas in the Taranaki Basin offshore New Zealand. OMV, as the operator of the Petroleum Exploration Permit (PEP) 60093, started drilling at the Toutoiwai-1 well in early March 2020.The oil…
Offshore helicopter players Era and Bristow, which recently announced plans to merge, have skipped a hurdle towards the completion of the merger.Era said Tuesday that the waiting period for the proposed merger under the Hart-Scott-Rodino Antitrust Act ended on April 10…
Jack-up drilling contractor Borr Drilling has received early contract terminations for five offshore drilling rigs, and has warned that more terminations might be forthcoming. On the bright side, the company has been awarded letters of award for two premium jack-ups…
Swedish company Alfa Laval has said it has won two large orders in the offshore industry space from clients in China and Singapore.Under the orders, of a combined value of around SEK 170 million (USD 17 million), Alfa Laval will deliver Framo…
Offshore engineering company Three60 Energy has been awarded an engineering and support services contract to provide minor modification and repair services for Spirit Energy’s assets on the UK Continental Shelf'Three60 Energy has secured this…
Offshore installation and construction firm Subsea 7 has won a contract to deliver subsea equipment and flowlines for Chevron's Anchor development in the U.S. Gulf of MexicoThe US supermajor Chevron sanctioned the $5.7 billion deepwater Anchor project in December 2019…
At least one worker at Mexican state oil company Pemex's Abkatun-A processing center, in shallow waters in the Gulf of Mexico, has been diagnosed with coronavirus, two people with knowledge of the matter told Reuters.At the end of last week…
Shell's Malaysian subsidiary Sabah Shell Petroleum Company has been awarded more than $340 million in an arbitration related to the Gumusut Kakap floating production platform offshore Malaysia.Back in late 2012, Shell signed a contract for construction and lease of the Gumusut Kakap FPS with GKL…
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