July 29, 2020
Turkey will hold off on surveying the seabed in an area of the eastern Mediterranean disputed by Greece to give time for diplomacy, President Recep...
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Offshore
July 14, 2020
On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil company Petrobras checked into the facility’s infirmary complaining of...
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July 10, 2020
A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a new surge...
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July 6, 2020
Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of exploration in...
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July 3, 2020
Pirates attacked an oil production vessel off Nigeria in the early hours of Thursday and kidnapped nine Nigerian nationals, the ship’s owner BW Offshore said....
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June 23, 2020
Keppel Corporation Limited refers to the announcement dated 9 June 2020 on the receipt of the Notice from Awilco purporting to terminate the Contract. Unless...
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June 18, 2020
The U.K. offshore oil and gas industry pledged to cut emissions from its operations by half in the next decade, and eliminate them completely by...
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June 9, 2020
Awilco Rig 1 Pte. Ltd. (“AR1”), a wholly owned subsidiary of Awilco Drilling PLC (“Awilco Drilling”), has notified Keppel FELS Limited (“KFELS”) that it has...
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June 2, 2020
Subsea 7 issued further details of the cost reduction programme, following initial guidance provided on 30 April. (more…)
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May 27, 2020
Norway’s Equinor ASA, Brazil’s Dommo Energia SA and Anglo-French firm Perenco are among at least six oil producers that have registered coronavirus cases among employees...
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May 13, 2020
An oil exploration vessel contracted by Malaysian state energy company Petronas that was involved in a standoff with a Chinese survey vessel in the South...
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May 5, 2020
Keppel Corp has appointed Evercore Asia (Singapore) as independent financial adviser (IFA) on the partial offer by Temasek Holdings. (more…)
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April 29, 2020
The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling levels plunge by a...
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April 27, 2020
The COVID-19 pandemic and the lower oil price environment are impacting offshore drilling activity. Some tenders and projects are being delayed or cancelled which adversely...
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April 27, 2020
Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in crude prices that’s wrecking demand for...
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