Shell took another step towards completing its three-year, US$30 billion divestment program by selling shares in Woodside Petroleum to equity investors. Shell subsidiary, Shell Energy Holdings Australia, initially said today (13 November)…
Norway's latest offshore licensing round, focusing on the Barents Sea and Norwegian Sea, has drawn fewer than half the number of companies than its previous round attracted. Just 11 companies have applied for production licenses in the 24th licensing…
Hess has shut in production at its Baldpate, Conger and Penn State fields in the deepwater Gulf of Mexico in response to the fire that occurred last week at the Shell-operated Enchilada platform. The Llano field…
Two people were injured after a fire broke out on supermajor Shell's Enchilada platform in the US Gulf of Mexico early Wednesday morning, according to a joint report by the US Coast Guard (USCG) and the Bureau of Safety and Environmental Enforcement (BSEE)…
A US$3.36 billion (DKK21 billion) investment into a redevelopment of the Tyra gas field on the Danish Continental Shelf has been approved by the Danish Underground Consortium (DUC), led by Maersk Oil. The move will see the largest oil…
The US Bureau of Safety and Environmental Enforcement (BSEE) has approved Eni’s drilling plans for the Beaufort Sea offshore Alaska. US Arctic offshore Source: BSEE The Italian-based exploration…
Shell said today (10 November) that industrial firefighters were able to safely land on the Enchilada platform in the US Gulf of Mexico and perform a preliminary inspection; however, there is no timeline to resume normal operations. 'Though the structure is visibly sound…
DNV GL has secured a combined engineering services agreement with Chrysaor to deliver a unique range of services to the company in support of its North Sea operations. Chrysaor recently completed the acquisition of a package of assets in the UK North Sea from Shell for US$3 billion…
Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November). Libra is in the ultra-deep waters of the Santos Basin, 180km offshore Rio de Janeiro, Brazil. The…
French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge…
Siccar Point Energy will sell to Dyas UK Limited its 26% equity interest in three production contract licenses covering the Jackdaw discovery in the central UK North Sea. While Jackdaw operator Shell has conducted excellent work progressing the opportunity…
Former chair and chief executive of Shell UK Sir Bob Reid is to take up a new role as non-executive director of Belltree, a specialist oil and gas consultancy based in Edinburgh. Sir Bob will advise and support Belltree with its continued growth into international markets…
Bibby Offshore’s Houston-based division, Bibby Subsea, has successfully completed a subsea decommissioning project with Shell Pipeline, a subsidiary of Shell Oil US. Through its strategic alliance with US diving company, Aqueos Corp.…
Private equity backed independent Chrysaor says it is already maturing drilling opportunities after completing a deal to buy a major package of UK North Sea assets from Shell for up to US$3.8 billion. The deal sees Chrysaor become a major independent exploration company company in the UK…
Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it took ownership of from Shell in November. The scope of work will see Sparrows operate and maintain seven cranes across the Armada…
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