Norwegian oil and gas company Pandion Energy has completed the sale of its 10 percent non-operated interests in PL 636, comprising the Duva oil and gas field, and PL 686B.According to Pandion Energy it was previously announced transaction with Solveig Gas Norway AS…
Shelf Drilling, the contractor of jack-up rigs, has secured long-term contract extensions for four of its jack-ups working offshore the Arabian Peninsula.The rigs High Island II, High Island IV and Main Pass I will each be employed for a further…
A worker was injured on the Terra Nova floating production, storage and offloading unit (FPSO) offshore Canada's East Coast, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said on Monday.On Sunday night, operator Suncor…
Australian oil and gas producer Santos Ltd said on Tuesday it plans to carry out maintenance between April and August at its offshore production unit that produces Van Gogh crude.'The Ningaloo Vision will be undergoing scheduled dry dock maintenance in Singapore over this period…
Israel's $3.6 billion offshore Leviathan field started production on Tuesday, paving the way for multi-billion dollar gas export deals with Egypt and Jordan in the coming weeks.Natural gas began flowing from Israel's largest field despite regulatory…
Oil rose on the last trading day of the decade on Tuesday and was on track for monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade row and Middle East unrest.Brent crude was up 11 cents at $66.78 a barrel by 1143 GMT…
Norwegian ocean bottom node (OBN) seismic company Axxis Geo Solutions (AGS) has signed the contract for the 3D OBN seismic acquisition survey in the Middle East following the securing of a letter of intent for the project in September.The work…
The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform…
Iran begins extraction of natural gas from an offshore rig at South Pars, the largest gas field in the world which is shared between Iran and Qatar, said the country's official media.The extraction of gas will add some 14.2 million cubic meters…
Russian oil and gas company Gazprom Neft said that its Prirazlomnaya offshore platform in the southeastern Russian Barents Sea has produced its 12-millionth metric ton (13.23 MM ton) of ARCO (Arctic-blend) oil.The shipment was delivered by the…
Russian natural gas producer and LNG major Novatek said that its wholly-owned subsidiary Arctic LNG 1 has secured the rights to explore the Bukharinskiy license.Arctic LNG 1 won on the auction for geological survey, exploration and production…
UK headquartered offshore drilling contractor Valaris announced on Monday that it has received a $200 million cash payment resulting from a settled dispute with South Korean shipbuilder Samsung Heavy Industries (SHI).Earlier this year, an arbitration…
Offshore drilling contractor Seadrill announced on Monday it has secured a three-year contract for the jackup drilling rigs AOD II and AOD III in the Middle East, in direct continuation of their current contracts.Total contract value is expected…
Malaysia’s Petroliam Nasional Berhad (Petronas) announced it has acquired stakes in two deepwater fields in the Campos Basin offshore Brazil.Petronas said on Sunday its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) completed its acquisition…
From reporting on major new deepwater discoveries and impressive engineering and technological feats, to expert commentary on impactful market trends, Offshore Engineer delivered no shortage of exciting offshore industry coverage throughout 2019…
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