Offshore Regions News - page 816

 

Hibiscus Wraps Infill Drilling Campaign Offshore Malaysia

Nov 02, 2020

Malaysia's Hibiscus Petroleum completed the St Joseph minor sands infill and major sands redevelopment infill drilling campaign in its North Sabah PSC, Malaysia.The offshore drilling campaign involved the drilling and completion of four infill…

Petrobras Charters Solstad Vessel Duo

Nov 02, 2020

Norwegian offshore vessel company Solstad Offshore has said that Petrobras has extended the contract for the Far Saga construction support vessel.Solstad said Friday the contract had been extended for a period of one year starting on Oct 30th…

UK-Based Offshore Decommissioning Firm Secures $33,6M Investment

Nov 02, 2020

UK-based offshore decommissioning specialist Well-Safe Solutions has secured a £26 million (around $33,6 million) investment to fund the next phase of its growth plan, the company said Monday.Well-Safe, which recently bought Seadrill's 1993…

SeaBird in APAC 2D Survey Gig

Nov 02, 2020

Oslo-listed seismic survey company SeaBird Exploration has said it has won a letter of award for a 2D survey in the Asia Pacific region. The Norwegian seismic data acquisition firm said the survey was expected to start in the first quarter of 2021…

Lamprell Nets Engineering Design Services Deal in Saudi Arabia

Nov 02, 2020

Offshore rig builder Lamprell has won an engineering design services contract with Saudi Arabia's International Maritime Industries (IMI).Lamprell said the work would form an integral part of IMI's 2030 new build rig program; supporting the…

Equinor Gets OK to Use Deepsea Atlantic Rig on Vigdis Field

Nov 02, 2020

Norwegian energy company Equinor has received regulator consent to use Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig for production drilling on the Vigdis offshore field.Vigdis is a field located in the Tampen area in the northern part of the North Sea…

Dolphin Drilling Bags Drilling and P&A Deal with DNO in Norway

Nov 02, 2020

Offshore drilling contractor Dolphin Drilling has secured a new combined contract for exploration and plug and abandonment with the Norwegian oil and gas company DNO.'The contract will see Dolphin Drilling support both ends of the well lifecycle…

Mooring Specialist Intermoor Names Ex-Valaris VP as Managing Director

Nov 02, 2020

Offshore services group Acteon has informed that Chris Johnston will be joining its moorings and anchors business InterMoor as group managing director.Johnston, which will be based in Houston, USA, brings with him more than 35 years of domestic…

Exxon Posts Third Straight Quarterly Loss

Nov 02, 2020

Exxon Mobil Corp posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID-19 pandemic's impact on energy demand and prices.The largest U.S. oil producer by volume said…

Production Starts from Husky's Liuhua 29-1 Gas Field, Offshore China

Nov 02, 2020

Canadian oil and gas company Husky Energy and China's CNOOC have started gas production from the Liuhua 29-1 gas field, offshore China.The Liuhua 29-1 gas field is located in the eastern South China Sea, 86 kilometers northeast of Liwan 3-1 gas field…

BW Energy Buys Two Borr Drilling Rigs for Gabon Offshore Developments

Nov 02, 2020

Oil and gas company BW Energy has bought two jack-up drilling rigs from Borr Drilling. The company will use a converted rig for the development of the Hibiscus/Ruche satellite field in the Dussafu license offshore Gabon.BW said that using a…

BP Spuds Ironbark-1 Well Offshore Australia

Nov 02, 2020

BP has started drilling at the Ironbark-1 exploration well in the WA-359-P in the Carnarvon Basin, offshore Western Australia.According to Cue Energy, a partner in the project, the drilling started at 07:30hrs (AWST) on 31 October 2020. BP is…

Equinor Aims for Net-Zero Emissions by 2050, New CEO Says

Nov 02, 2020

Norway's Equinor aims to become a net-zero emitter of greenhouse gases by 2050, including emissions from the production and final consumption of oil and gas, the energy producer's new chief executive said as he took office on Monday.Anders Opedal…

Total Keeps Dividend But Cuts Investment Target

Oct 30, 2020

Total trimmed its 2020 investment target on Friday after a sharp drop in third-quarter net profit, though the French oil and gas producer maintained its dividend.The company cut its investment target to $13 billion from $14 billion and said it was keeping a lid on operating costs too…

Norwegian Businesses See Rise in Wind Industry Orders

Oct 30, 2020

Onshore wind companies provided the largest revenue stream for the Norwegian renewables industry from sales of equipment, construction and consultancy services in 2019, overtaking hydropower, according to a report published on Friday.Onshore…

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