Malaysian FPSO specialist and offshore support vessel owner Bumi Armada has decided to sell its icebreaking vessels operating in the Caspian Sea for Lukoil, in line with its plan to exit the offshore marine service business.Bumi Armada said…
Woodside Petroleum expects to hike its capital spending by about a third to $4 billion in 2022, as it advances oil and gas growth projects in Western Australia and Senegal as well as steps up efforts to start producing hydrogen.After booking record quarterly sales revenue on soaring LNG prices…
Norwegian energy major Equinor said on Wednesday it had cut the resource estimates for its Mariner oilfield in the British North Sea, triggering an impairment charge of around $1.8 billion.Total recoverable reserves from the field, which is operated by Equinor with a 65…
As offshore oil and gas markets rebound, adopting new digital strategies will be central to developing fields and producing energy efficiently and cost-effectively. Offshore Engineer TV's Greg Trauthwein recently interviewed Arja Talakar, Senior Vice President…
Danish offshore drilling company Maersk Drilling has won a contract with TotalEnergies E&P Danmark for its jack-up drilling rig Maersk Reacher.TotalEnergies will use the Maersk Reacher for well intervention services in the Danish North Sea. The contract is expected to start in July 2022…
China's offshore oilfield cluster Bohai, run by state-run CNOOC Ltd, has become the country's largest crude oil producer with output hitting 30.132 million tonnes (602,640 barrels per day) in 2021, state news agency Xinhua reported.Bohai field…
UK North Sea-focused oil and gas company IOG has hit a setback with the Southwark project drilling and has to move the Noble Hans Deul rig jack-up rig from the Southern North Sea drilling site due to the challenging seabed conditions.As previously reported…
Oil and gas company Lundin Energy has drilled a dry well at the Melstein prospect in the production licence 886, offshore Norway.The wildcat well has been drilled about 72 km east of the Ormen Lange field in the Norwegian Sea and 55 km northwest of Kristiansund…
U.S. Gulf of Mexico-focused oil and gas company W&T Offshore has agreed to buy working interests in and operatorship of oil and gas producing properties in Federal shallow waters in the central region of the Gulf of Mexico from privately-held…
Offshore engineering and construction company McDermott said Monday it had secured a mega offshore contract from QatarEnergy.Under the award, McDermott will be responsible for the delivery of engineering, procurement, construction, and installation…
Brazilian oil company Enauta has decided not to sell its stake in the Manati offshore oil field in Brazil to Gas Bridge after the conditions required for the completion of the sale were not fulfilled.Enauta had in August 2020 entered into an agreement with Gas Bridge S…
Norwegian oil company Aker BP has received consent from the Petroleum Safety Authority Norway to drill a pilot well in the North Sea, off Norway.Using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, Aker BP will the pilot well 25/10-U-8…
With an annual R&D budget in excess of a billion Euros, Siemens Energy is well-positioned to drive substantial digital evolution in the offshore energy space. From unmanned offshore rigs to optimized maintenance to decarbonization, digitalization sits at the center…
Oil and gas company Chariot has said it has made a significant gas discovery at the Anchois well in the Lixus License, offshore Morocco.Using Stena Drilling's Stena Don semi-submersible drilling rig, Chariot drilled the Anchois-2 appraisal and exploration well to a total measured depth of 2…
Marine seismic surveyor Shearwater GeoServices has said it has won a large multi-component seismic survey contract with CGG for work over the North Viking Graben area offshore Norway.The five-month project is expected to start in the second…
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