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Oil & Gas
PGS Wraps up Seismic Campaign Offshore
Norwegian seismic player PGS has completed its 2020 acquisition campaign in Angola’s Namibe Basin.
Oil & Gas
Worldwide Offshore Rig Count in August Down 74 Units Year Over Year
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes.
Video
Ninian Northern Topside Set for Decommissioning at Lerwick Port
The 14,200-tonne Ninian Northern topside has been loaded onto its final resting place – the Dales Voe decommissioning pad at Lerwick Harbour.
Oil & Gas
Rig Platform Arrives in Mossel Bay Ahead of Drilling
The rig platform, the Deepsea Stavanger, arrived in Mossel Bay on 21 August ahead of its deployment to the Outeniqua Basin, where it is scheduled to work on the
Video
Ninian Northern Loaded Onto Quay at Lerwick
The operation to load-in the 14,200 tonne Ninian Northern topside at Lerwick Harbour’s Dales Voe Base has been completed successfully.
Oil & Gas
Oil Major Equinor Stops Drilling In U.S. Shale Patch
Norway's Equinor will not drill any more wells in the U.S. shale patch this year as it adjusts to a lower-for-longer oil price environment.
Oil & Gas
World’s Largest Offshore Rig Owner Files Bankruptcy
UK-based offshore drilling contractor Valaris has filed for bankruptcy protection in the United States, offering creditors to swap some $6.5 billion of its $7.8
Oil & Gas
OPEC+ Stresses Need for All Members to Comply with Output Cuts
The outcome of the meeting of the OPEC+ Joint Ministerial Monitoring Committee (JMMC) on Wednesday was as predicted.
Oil & Gas
NPDC Planning 500,000 barrel of Crude Oil Per Day
Group Managing Director of the Nigeria National Petroleum Corporation, Mele Kyari, has assured that the Nigeria Petroleum Development Company will scale up its
Oil & Gas
Total Restarts Drilling off Angola
French oil major Total has resumed oil drilling offshore Angola with the Skyros rig while two more are expected to start operations in the week to follow.
Oil & Gas
Trump Administration Looks at Allowing Longer Extensions to Remote Offshore Wells
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthe
Oil & Gas
Trump to Open Alaska Arctic Refuge to Oil Drilling for First Time
The Trump Administration is set to open the Arctic National Wildlife Refuge in Alaska to oil drilling for the first time by approving a drilling program on Mond
Climate Change
Donald Trump Poised to Roll Back Methane Regulations for Oil and Gas Industry
President Trump is planning to relax regulations governing methane emissions in the oil and gas industry, according to reports, in a move that could allow milli
Oil & Gas
Turkey Resumes Energy Exploration in Eastern Mediterranean
Turkey has resumed energy exploration activities in the eastern Mediterranean Sea.
Oil & Gas
Demand For Offshore Oil Rigs To Return In 2022
Demand for offshore rigs will slump this year as a result of the pandemic and the low oil prices that are forcing offshore operators to delay drilling activitie
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