Brazilian oil company Enauta announced the Petrojarl I floating production storage and offloading unit (FPSO) is back online following preventative maintenance.The FPSO, used as an early production system at Enauta's Atlanta field, required a brief period of work on its water-cooling system…
Capricorn Energy has appointed Clare Mawdsley, previously a director of finance, as its acting chief financial officer, replacing James Smith, the oil and gas producer, which will give a strategy update in April, said on Monday. Smith had stayed…
U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…
Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…
Romanian oil and gas group OMV Petrom is sticking for now to a price estimate of 2 billion euros net for its pending Black Sea offshore gas project, although it is reassessing the costs, its chief executive said on Tuesday. 'We're working through…
Shares of John Wood Group Plc surged over 30% on Thursday after the company said it received three preliminary buyout proposals from private equity firm Apollo Global Management Inc. The British oilfield services and engineering firm said late…
French energy major TotalEnergies, in partnership with Simply Blue Group, has secured a marine license for the 100MW Erebus project, Wales' first planned floating wind farm.The project is owned by Blue Gem Wind, the joint venture between TotalEnergies and Simply Blue Group…
Offshore drilling is making a comeback after several challenging years, and Transocean, a major deepwater drilling contractor, expects to see a multi-year upcycle in the offshore drilling industry.'Looking back, 2022 will be remembered as a pivotal year in Transocean’s history…
Noble Corp.'s jack-up drilling rig, the Noble Innovator, earlier this month arrived in the Port of Aberdeen for maintenance. According to the Port of Aberdeen, with legs measuring more than 200 meters in height, the rig is the largest vessel to ever enter the port…
Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said on Wednesday.The South American nation, home to one of the largest oil discoveries of the last decade…
Talos Energy Inc., a U.S.-based offshore oil and gas producer, has completed its previously announced acquisition of EnVen Energy Corporation ('EnVen'). Talos, which owns oilfields in both the U.S. side and the Mexican side of the Gulf of Mexico…
Archer Limited and Baker Hughes Limited have signed official agreements for Archer to buy Baker Hughes' coil tubing and pumping (CT&P) business in the United Kingdom.The definitive agreement follows a term sheet signed in January.Baker Hughes…
Offshore decommissioning firm Well-Safe Solutions and oil firm Apache Corporation have signed a multi-year framework agreement to plug and abandon wells in the North Sea.The deal provides Apache with access to Well-Safe Solutions' decommissioning rigs…
Singapore-based mooring and anchoring specialist Mooreast Holdings said Monday it could bring at least 100 jobs to Aberdeen after signing a collaboration agreement that, it is hoped, would help the company realize its ambition to open a subsea foundation production facility there…
Britain has delayed until mid-July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project. The planned 2.6-gigawatt…
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