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Transocean's 8th-gen Deepwater Titan Drillship Completes Drydocking in Singapore

Feb 16, 2022

Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.The Deepwater Titan is Transocean's first 20,000 psi ultra-deepwater drillship, and will, once delivered…

Israel OKs Gas Flow to Egypt through Jordan

Feb 16, 2022

More Israeli natural gas will flow to Egypt via a new route through Jordan by the end of February, Israel's Energy Ministry said on Wednesday.The ministry said the new route was approved because of growing demand in Egypt, which produces its…

Report: Saipem to Rethink Green Push After Profit Warning

Feb 16, 2022

Italy's Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the energy contractor into issuing a profit warning, two sources close to the matter said on Wednesday.Saipem, a [company…

DeepOcean Charters Hornbeck Offshore's 'HOS Warland' for Gulf of Mexico Ops

Feb 16, 2022

Subsea services company DeepOcean has chartered Hornbeck Offshore's HOS Warland multi-purpose service vessel supporting the US Gulf of Mexico operations.'The HOS Warland will extend DeepOcean’s capabilities in the larger construction end of…

Non-binding Phase Starts for Petrobras U.S. Gulf of Mexico Asset Sale

Feb 16, 2022

Brazilian oil company Petrobras has started the non-binding phase regarding the sale of its assets in the U.S. Gulf of Mexico.Petrobras is selling its entire 20% stake held in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA…

Guyana Pledges to Balance Oil Investment with Residents' Economic Welfare

Feb 16, 2022

Guyana's President Irfaan Ali on Tuesday defended his country's right to develop its oil industry for its residents while insisting local goods and services requirements are not meant to block foreign investments.A string of discoveries off…

Shell Taps Maersk for FPSO Project Support in Brazil

Feb 16, 2022

Danish offshore vessel owner Maersk Supply Service said Tuesday it had secured an integrated solutions contract with Shell in Brazil, for a station-keeping assignment during the removal of the emergency Gas Lift Riser on the FPSO Fluminense…

Vår Energi Shares Drop after $7.9B Eni Spin-off

Feb 16, 2022

Shares of Vår Energi, the largest pure-play oil exploration and production (E&P) company to list globally in almost a decade, fell 4.9% as it made its Oslo stock market debut on Wednesday.A spin-off from Italy's Eni, Vår Energi declined to 26…

Oil Spills from Eni's Irish Sea Pipeline

Feb 16, 2022

Oil has spilled from an Eni-operated oil pipeline in the Irish Sea, the UK Energy & Climate Change Minister Greg Hands MP said on Twitter Tuesday.'I am being kept regularly updated following a release of oil from a pipeline in the Irish Sea…

Australia: Melbana Energy Gets Offshore Block with 2005 Oil Discovery Included

Feb 16, 2022

Australian oil and gas company Melbana Energy has been granted petroleum exploration permit AC/P70, located in the Territory of Ashmore and Cartier Islands, for an initial period of six years. Melbana made an application for this permit under…

Guyana’s First Oil and Gas Training Center Set to Launch

Feb 16, 2022

3t EnerMech and Orinduik Development Incorporated Training Centre have partnered to provide a training center for the local workforce in Guyana, supporting the country's fast-growing offshore oil and gas sector, eliminating the need for local workers to travel abroad for accredited training…

IEA's Birol Urges OPEC+ to Narrow Gap Between Oil Targets and Production

Feb 16, 2022

The Organization of the Petroleum Exporting Countries (OPEC) and their allies, known as OPEC+, needed to narrow the gap between their oil production targets and actual output, the International Energy Agency's (IEA) head Fatih Birol said on Wednesday…

Nova Innovation to Develop 15MW Tidal Array at Yell Sound, Shetland

Feb 16, 2022

Tidal energy company Nova Innovation plans to develop its largest tidal energy array to date at Yell Sound in Shetland. The company has been awarded an Option Agreement from Crown Estate Scotland to develop a 15MW tidal array at Yell Sound, between the islands of Yell and Bigga…

Equinor Extends Offshore Drilling Contracts with Archer, KCA Deutag, and Odfjell Drilling

Feb 16, 2022

Norwegian oil and gas firm Equinor has exercised extension options worth 8 billion Norwegian crowns (~$898,7 million) with Archer, KCA Deutag, and Odfjell Drilling. The contracts include drilling, completion, intervention services, plugging…

Helix Energy Solutions in 12-month Decom Deal in Brazil

Feb 16, 2022

Helix Energy Solutions Group has won a field decommissioning contract of an undisclosed value with Trident Energy in Brazil.The project is located off the coast of Brazil in the Pampo and Enchova Clusters in the Campos Basin. The 12-month firm contract is scheduled to begin in late 2022…

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