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…
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…
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 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…
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…
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 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…
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 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…
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…
The American Gulf of Mexico is home to impressive industry and even more incredible beauty. Every day, fishermen, conservationists, tour guides, canal and port dredgers, offshore oil and gas workers and countless others go to work in and around the Gulf of Mexico…
Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…
Norway's Johan Sverdrup oilfield, the largest in western Europe, is ramping up production in the fourth quarter after the government increased its production permit, Lundin Energy, a partner in the field, said on Friday.Equinor-operated Sverdrup increased its production capacity to 470…
ExxonMobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices.Exxon and other oil producers have…
As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year's repeated oil and gas production halts were already hitting energy firms' results.Eight named storms entered the U.S. Gulf of Mexico this year, most…
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