Brazilian oil and gas company PetroRio has hired Ocyan Drilling's Norbe VI semi-submersible drilling rig for the Frade field revitalization campaign and the Wahoo Field development, offshore Brazil.Under the drilling contract which is expected to start in March 2022…
Azeri Shah Deniz giant offshore field is set to near its plateau gas production goal by starting up the East South deep-water flank, project leader BP said on Tuesday.The giant Shah Deniz gas project in the Caspian sea, split into two phases…
Chemicals giant INEOS said on Friday it will work with the Acorn carbon capture and storage project to help develop Scotland's first carbon capture storage system.Some scientists say the technology to capture and store carbon dioxide (CO2) emissions…
Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast…
Brazilian oil firm Petrobras has struck a deal with compatriot company Petro+ to sell it its stake in a set of seven onshore and shallow water concessions denominated Alagoas Cluster, located in the state of Alagoas, Brazil for $300 million…
Chinese oil company CNOOC said Monday it had kicked off production from Weizhou 11-2 oilfield phase II project.The Weizhou 11-2 oilfield phase II project is situated in the South China Sea's Beibu Gulf, at a water depth of around 40 meters.'In…
Offshore seismic surveyor PXGEO has completed the acquisition of Fugro's subsidiary Seabed Geosolutions, a company specializing in Ocean Bottom Node surveys.'The acquisition includes a substantial ocean bottom node inventory, handling equipment…
Oil and gas firm LLOG on Wednesday announced the first production from its Praline offshore field, located in Mississippi Canyon Block 74 in the U.S. Gulf of Mexico.The Praline well was drilled in 2,600 feet of water to a total depth of 13,400 feet and discovered over 125 feet of net hydrocarbons…
Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian…
Polarcus Limited, a seismic surveyor in liquidation, is set to be wound down and delisted from the Oslo Stock Exchange.As previously reported, in January this year, lenders took control of the company's vessels after a debt payment default, and decided to sell them and let go all the employees…
Brazilian oil and gas company PetroRio has received regulatory approval for a revised development plan of the Frade oil field offshore Brazil.The new development plan, approved by the national oil industry regulator ANP, allows the drilling…
Oil major BP said Wednesday it had started up production from the Manuel project in the US Gulf of Mexico, 'the fourth of five major projects expected to be delivered globally in 2021.'The Manuel development is located on Mississippi Canyon block 520…
UK-based oil and gas company Tailwind Energy has completed the acquisition of Decipher Energy an oil and gas company with assets in the UK North Sea.Decipher Energy owns 100% operated interests in Licence P.1606, covering the Orlando field, and Licence P…
China’s southern province of Guangdong, the country’s largest regional economy, plans to offer subsidies to offshore wind power projects, to boost lower-carbon investment and reduce emissions, an industry website reported on Tuesday.The subsidies…
Norwegian offshore vessel operator Siem Offshore has won a three-month charter for the 91-meters long AHTS vessel Siem Pearl in Ireland.The contract is with PSE Kinsale Energy Ltd, the Irish subsidiary of the Malaysian oil giant Petronas, which…
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