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Oil & Gas

Shelf Drilling awarded 35 years of contract extesions in Arabian Gulf

Shelf Drilling, Ltd. has announced that it has secured long-term extensions on four jack-up rigs in direct continuation of their respective current contracts in...

ExxonMobil secures exploration acreage offshore Egypt

ExxonMobil has secured more than 1.7 million acres for exploration offshore Egypt. Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil, said: “These...

Saipem awards new contracts in offshore drilling

Saipem has been awarded new contracts and extensions on existing contracts in Onshore Drilling and Offshore Drilling for an overall amount of approximately 1.7...

Sembcorp Marine bags two offshore platform projects valued over $550 million

Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen...

Woodside signs agreement for long-term LNG supply

Woodside Energy Trading Singapore Pte Ltd (Woodside) has entered into a long-term sale and purchase agreement (SPA) with Uniper Global Commodities SE (Uniper) for...

Cameron LNG Train 2 begins producing first liquefied natural gas

McDermott International, Inc. and its joint venture partner, Chiyoda International Corporation, a U.S.-based wholly-owned subsidiary of Chiyoda Corporation, Japan, today announced that Train 2...

Vår Energi awards rig contract to Seadrill

Vår Energi AS awards rig contract to Seadrill Norway Operations AS, a Seadrill Ltd subsidiary, and secures the West Phoenix drilling rig for work...

Oil production starts from the Liza field offshore Guyana

ExxonMobil has announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the...

Report: FPSO and SURF players will be in a fierce competition in 2020

A dark cloud of capacity constraints is casting a shadow over the oilfield service industry heading into 2020, mirroring the sharp growth in the...

First oil was produced from Valhall Flank West in the North Sea

Operator Aker BP and partner Pandion Energy reported that first oil was produced from Valhall Flank West in the North Sea. Through the development...

Maersk Drilling awarded three-well contract offshore Trinidad by BP

Maersk Drilling has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad...

Freeport LNG Train 1 begins commercial operation

Freeport LNG has announced the start of commercial operations for its first liquefaction train on December 8, 2019. Freeport’s Train 1 is part of...

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