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Oil & Gas

Oceaneering wins FLNG Contract

Oceaneering International, Inc. (Oceaneering) has been awarded a contract by Golar LNG for a FLNG vessel maintenance build, and inspection and maintenance program. The scope...

Teekay announces new bareboat contract for the Foinaven FPSO

Teekay Corporation has announced that it has entered into a new bareboat charter contract with the Foinaven Operator, for the Petrojarl Foinaven (Foinaven) floating...

VAALCO brought the South East Etame 4H well onto production

VAALCO Energy has provided an update on the successful completion of its 2019/2020 drilling program as well as an operational update. Cary Bounds, Chief Executive...

Svitzer announces 10-year extension of a marine service contract in Sakhalin

Svitzer is announcing a ten-year extension of their marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and...

Analysis: global oil storage infrastructure is in trouble

The largest oil supply surplus the world has ever seen in a single quarter is about to hit the global market from April, creating...

COVID-19 outbreak adds further woes for the oil and gas industry

The recent coronavirus (COVID-19) outbreak is adding further woes for the oil and gas industry, which is already plagued by oversupply and declining prices. This...

Oil and gas discoveries at Evra and Iving exploration well

Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) as partner in PL820S, has made oil...

Total makes a new gas and condensates discovery in the North Sea

Total, Operator, and its partners have made an encouraging discovery with the Isabella 30/12d-11 well on the license P1820, located in the Central North...

Three companies launch LPG pool

Navigator Holdings Ltd. in collaboration with Pacific Gas Pte. Ltd. (Singapore) and Greater Bay Gas Co Ltd (HK) are pleased to announce the formation...

Large-sized discovery in southern Bohai basin

CNOOC Limited has announced that the Company made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized...

Deepwater acreage will continue to attract company interest through 2020

A significant portion of the acreage available in Q1 2020 is located in either deep or ultra-deep water, up from the previous quarter, according...

Island Offshore secures contracts for its LNG-fuelled vessels

Island Offshore has secured long-term contracts for several of its platform supply vessels. The two LNG-fuelled PSVs Island Crusader and Island Contender as well...

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