November 12, 2020
ConocoPhillips said on Wednesday it has discovered gas condensate offshore Norway, sending the oil producer’s shares up 2% in premarket trade. (more…)
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Offshore
November 5, 2020
Maersk Drilling has clinched a contract from Petrogas for the harsh environment jack-up rig Maersk Resilient to drill three wells at the B13 and A12...
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November 5, 2020
Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a landmark case that...
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November 2, 2020
U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel...
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October 23, 2020
The Board of Directors of BW Umuroa Pte. Ltd. (BWU), a wholly owned subsidiary of BW Offshore, has resolved to place BWU into voluntary liquidation....
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October 14, 2020
Certain of the new secured noteholders (the “NSNs”) approached Seadrill Limited (the “Company”) to discuss the possibility of extinguishing the outstanding NSNs in exchange for...
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October 12, 2020
Norwegian oil firms struck a wage bargain with labour union officials on Friday, ending a 10-day strike that had threatened to cut the country’s oil...
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October 7, 2020
Norway’s Lederne labour union has made a new proposal to oil companies to try to resolve a dispute over wages and end a strike that...
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October 1, 2020
National Grid Plc outlined a plan for an offshore grid that will link new wind parks and interconnectors, saving consumers 6 billion pounds ($7.7 billion)...
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September 29, 2020
Polarcus refers to its announcement dated 10 September 2020 regarding the redelivery of Ivan Gubkin (the “I.G.”, previously “Polarcus Amani”) (more…)
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September 15, 2020
Seadrill has agreed to acquire Thailand’s Mermaid Maritime to take full control of Asia Offshore Drilling. (more…)
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September 14, 2020
Polarcus refers to its announcement dated 24 June 2020 regarding the suspension of hire until commencement of a new project and the expected redelivery of...
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September 9, 2020
U.S. President Donald Trump on Tuesday signed an order to extend a ban on offshore oil drilling in the eastern Gulf of Mexico off Florida,...
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August 19, 2020
France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade...
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August 18, 2020
Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off...
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