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SBM Offshore firms up Prosperity FPSO award with ExxonMobil

Dutch FPSO provider SBM Offshore has confirmed the award of contracts for the next phase of the ExxonMobil-operated Payara development project located in the Stabroek block offshore Guyana. The...

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Heerema going carbon neutral

Sleipnir; Image courtesy: Heerema Dutch contractor Heerema wants to become the first carbon-neutral marine contractor in the offshore industry in line with the national and international...

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Shell’s energy transition starts in Germany, offshore wind & hydrogen key...

Shell is restructuring its business in Germany as the energy transition progresses worldwide, the oil giant announced on 29 September, listing offshore wind and hydrogen as some of the key elements of...

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Total to boost investment in renewables in push to become ‘a broad energy...

French oil and gas major Total has moved to transform itself into a broad energy company as part of its efforts to become a leader in the renewable energy sector and get to net-zero by 2050. As a...

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Vaalco plans new seismic survey over Etame block in hunt for drilling locations

In connection with planning for future drilling programs at the Etame Marin block offshore Gabon, Vaalco Energy will begin acquiring and processing new 3D seismic data in the fourth quarter of 2020....

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Solstad vessel wins five-year job in Australia

Norwegian vessel owner Solstad Offshore has been awarded a long-term contract for its platform supply vessel with “a major international company” in Australia. Solstad said on Thursday that the...

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Maersk Drilling lands new North Sea gig with Dana

Offshore drilling contractor Maersk Drilling has secured a contract with Dana Petroleum to drill two development wells as part of Project Unity in the Dutch North Sea, but it has also received a...

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Margareth Øvrum joins TechnipFMC board

London-based TechnipFMC has appointed Margareth Øvrum, executive vice president of Equinor, Development and Production Brazil, to its board of directors, effective 1 October 2020. Øvrum, 62, has over...

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Pandion to enter Calypso prospect after swapping license interests with...

Pandion Energy has entered into an agreement with ConocoPhillips to swap interests in licenses located in the North Sea and the Norwegian Sea, respectively. Pandion said on Thursday that, under the...

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Aker Solutions scoops up Tommeliten Alpha contracts

Aker Solutions has won two contracts from ConocoPhillips for the Tommeliten Alpha development offshore Norway. The NOK 1.2 billion ($129.3 million) deal will see the company deliver the subsea...

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Energean buys field support vessel for Karish project in Israel

Oil and gas company Energean has bought a field support vessel (FSV) to support its operations on the Karish field located offshore Israel. Energean said on Friday that the vessel was bought by its...

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Aker BP all set to start production from Norwegian gas field

Norwegian oil and gas company Aker BP is now ready to start production from Phase 1 of its operated Ærfugl gas and condensate field development located in the Norwegian Sea. The development of the...

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Offshore workers’ strike to hit production on six Norwegian fields

Strike action by Norwegian offshore oil and gas workers will affect production on six fields in the North Sea offshore Norway. Notice given by the Lederne union on extending its offshore walkout will...

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Borr Drilling keeping busy as rigs head to new assignments

Offshore drilling contractor Borr Drilling is keeping its fleet busy as three of its rigs have recently started their new contracts and two more are expected to start operations in the last quarter of...

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U.S. offshore rig count flat for another week

The number of active rigs in the U.S. remained unchanged for another week, according to weekly rig count reports by Baker Hughes. Baker Hughes Rig Count: U.S. +5 to 266 rigs U.S. Rig Count is up 5...

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Equinor forced to shut down four fields due to strike

Norwegian oil and gas giant Equinor has been forced to shut down four of its fields in the North Sea following an escalation in strike action by offshore oil and gas workers. Members of the Lederne...

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Noble Energy shareholders vote yes for Chevron merger

Noble Energy’s shareholders approved the pending merger with Chevron and all other proposals related to the merger at Noble Energy’s special meeting of shareholders held last Friday. Noble Energy’s...

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TechnipFMC names new head of Technip Energies

TechnipFMC has appointed Arnaud Pieton as President and CEO-elect, Technip Energies, effective immediately. As a result, the company has also appointed Jonathan Landes to the role of President –...

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Kosmos closes $200 million facility secured against Gulf of Mexico assets

U.S.-based oil and gas company Kosmos Energy has closed a Gulf of Mexico facility with Beal Bank USA and Trafigura, thereby expanding its borrowing capacity by $50 million. Kosmos Energy’s Gulf of...

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Digital tools on Johan Sverdrup field boost Equinor revenues

Driven by digital technologies, Norwegian energy giant Equinor has increased its earnings by more than NOK 2 billion ($215.2 million) since its Johan Sverdrup field, located in the North Sea, started...

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