Brazil produced 2.973 million barrels per day of oil in March, up 0.1% from February and up 16.1% from the same month a year before, national oil regulator ANP said on Monday.The figures suggest that production cuts announced at the end of March…
Guyana has no plans to cut crude output despite a plunge in oil prices, the government's top energy official said on Monday, adding that shutting down production could prove costly and harm future output.Mark Bynoe, the director of the Department of Energy…
Equatorial Guinea has granted oil and gas companies two-year extensions on their exploration programs, a statement from the hydrocarbons minister said.The move is an effort to keep investments flowing into the nation's energy industry amid a…
Brazilian oil firm Petrobras is looking for a buyer for its entire stake in the Manati field, in the Camamu Basin, in the State of Bahia.The company on Monday started the opportunity disclosure stage for the stake sale in the shallow water field…
Shipping, logistics, and marine services provider GAC has teamed up with a Singapore-based start-up to work on the delivery of supplies to vessels and offshore platforms via drones.GAC and the start-up named F-Drones will work to develop large…
Brazilian state-owned oil giant Petrobras said on Monday it exported a record 1 million barrels of oil a day in April, beating the previous record of 771,000 barrels a day in December last year.In a securities filing, Petroleo Brasileiro SA…
UK-focused oil company Independent Oil and Gas (IOG) has informed that its field development plan for Core Project Phase 1 in the UK North Sea has been approved by the UK Oil and Gas Authority.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…
Oslo-listed seismic survey company Axxis Geo Solutions has said it has completed its ocean-bottom nodes (OBN) project in the Middle East. 'The project was completed with strict adherence to COVID-19 safety guidelines and the crew is now demobilizing…
A joint venture between Greek utility DEPA and Italy's Edison is seeking to shortlist two contractors to build part of a pipeline to carry natural gas from the eastern Mediterranean's rapidly developing gas fields to Europe, DEPA said on Thursday…
UK-based ROV provider Rovco has been awarded a long-term contract by CWind for subsea work on the East Anglia ONE offshore wind project.The Rovco team will carry out a campaign of subsea inspection and survey work on all subsea structures, informing…
Awilco Drilling has said that it has reached a deal with Petrofac to delay the start of the plug and abandonment works with Awilco's WilPhoenix offshore rig.Awilco in March announced the rig deal with Petrofac Facilities Management for its 1982…
Norwegian offshore vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels.The contracts are for a period of 80 to 170 days each with undisclosed clients. The contracts are expected to start around July 1 and the operations are outside the North Sea…
Gulf Marine Services (GMS), a UAE-based provider of offshore service jack-up units has rejected a takeover proposal from Seafox.Seafox on April 30, 2020, announced an unsolicited and non-binding approach to acquire the entire issued and to be issued share capital of Gulf Marine Services…
Woodside Petroleum is keeping a close eye out for assets that might come up for grabs from the oil supermajors amid the oil market rout, seeing itself in a position to bid, Chief Executive Peter Coleman said on Friday.The head of Australia's top independent gas producer said…
BP will cut its oil production in Azerbaijan by 76,000 barrels per day (bpd) in May and June as part of the ex-Soviet country's efforts to curb supply, state energy firm SOCAR said on Thursday.SOCAR plans to cut production by 17,000 bpd over the same period…
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