Oil and gas company Cooper Energy focused on southeast Australia, has said that its Sole gas project has passed a critical milestone.The company said the milestone was achieved with the first flow of gas from the Sole gas field in the Gippsland…
Offshore vessel owner DOF has won contracts and extensions for three of its offshore support vessels.First, DOF said Monday it had won an extension for the Skandi Barra platform supply vessel by the undisclosed client for approximately four months…
Norwegian offshore vessel owner Island Offshore has secured long-term contracts and extensions for six of its platform supply vessels.First, the company said Wednesday it had won long term contracts with oil company Lundin Petroleum for the…
London-listed oil and gas company Cairn Energy has provided an update of its operations including the progressing of the Sangomar Field Development offshore Senegal despite the having yet to attract the necessary funding for its share of the costs…
Offshore drilling contractor Valaris has informed that one of its drillships has been involved in an incident that included the accidental dropping of a Blowout Preventer Stack to the seafloor of Angola. The incident might cost the company the drilling contract…
Norway's oil and gas industry regulator has introduced restrictions with regard to the presence in its offices for persons who have been in areas with the prolonged spread of coronavirus.'If you have been in these areas during the last 14 days…
AllSurplus, an online auction marketplace owned by Liquidity Services, is currently marketing two offshore production units from Petronas in a private treaty sale.The company said Tuesday that the two assets are 30,000 BFPD Self-Elevating Mobile…
Triangle Energy has restarted production at the Cliff Head Alpha Platform offshore Western Australia, following a halt caused by an electrical fault in February.'Production resumed on 10 March 2020 and following a thorough testing and inspection program over the last 24 hours…
Oil prices fell on Wednesday, giving up earlier gains, after Saudi Aramco said it had been directed by the energy ministry to raise its production capacity by a million barrels per day. Brent crude slid $0.41, or 1.1%, to $36.81 a barrel by 0740 GMT…
Norwegian oil firm Aker BP has chartered a platform supply vessel from compatriot offshore vessel owner Eidesvik Offshore.Eidesvik Offshore said Wednesday that Aker BP had awarded it a contract for the 92,2-meters long Viking Lady offshore vessel under the framework agreement between the parties…
The oil price crash has led to Danish offshore wind developer Orsted overtaking Norwegian oil major Equinor as the most valuable energy company in the Nordics, highlighting the appeal to investors of renewables over fossil fuels. Shares in Equinor…
One person has tested positive on the coronavirus at Equinor's Martin Linge offshore platform in the Norwegian Part of the North Sea.'The person is not seriously ill. Equinor is in dialogue with the Norwegian health authorities about further measures…
Chevron said it is looking at ways to cut spending, which could lead to lower near-term oil and gas production, following the recent collapse in the oil price. The U.S. company is the first oil major to confirm it is reassessing its spending in the wake of the price collapse…
Oilfield services firm TechnipFMC has said it won a 'significant' integrated engineering, procurement, construction, and installation contract from BP in Angola. For Technip - 'significant' contract is between $75 million and $250 million.Under the contract…
Cairn Energy on Tuesday revised up reserves at its British North Sea Kraken oil field, which is majority-owened by EnQuest, effectively reversing a $163 million impairment it had booked on a Kraken downgrade a year ago. Cairn, which owns 30% of Kraken…
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