Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development, following its work on phase 1. The value of the fixed part of…
Simply Blue Energy has taken the first steps to establish the Emerald project, a floating offshore wind farm in the Celtic Sea. The company has applied to the Irish Department of Housing, Local Government & Heritage for a licence to carry out initial site…
Total SA and partners will begin a multi-well drilling programme on Block 11B/12B in September with spud of Luiperd-1. The Odfjell Deepsea Stavanger semisubmersible rig has departed Bergin, Norway, for South Africa to perform the drilling, partner Africa Energy Corporation said on the 2nd…
Eni SpA became the latest oil company to cut its long-term price assumptions, saying the coronavirus pandemic would have a lasting impact on the industry. Eni now sees benchmark Brent crude at US$60 a barrel in 2023 real terms, down from a previous estimate…
Woodside is preparing to drill an exploration well offshore Australia and its environment plan for the Gemtree-A well is now under assessment with the Australian regulator. Woodside submitted its plan to drill a single exploration well, named Gemtree-A, within Permit Area WA-49-L in late…
Tethys Oil has announced that the Government of the Sultanate of Oman and Tethys Oil have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 58 onshore Oman. The block is located in the southern part of the Sultanate adjacent to Tethys…
At the Rencontres Économiques d’Aix-en-Provence, an economic forum attended by many organisations from around the world, 11 international groups have announced they have joined forces to form an international coalition open to new members. AWS, Carrefour Group, CMA CGM Group, Cluster Maritime Français, Crédit…
Norway’s recent tax-relief proposals could double post-tax cash flow for the country’s oil and gas sector in 2020 and 2021, according to GlobalData. The analyst’s ‘COVID-19 Case Study: Upstream Tax Relief in Norway’ report says this year’s commodity price collapse forced E&P companies to…
The Danish Energy Agency has approved the use of pipelaying vessels with anchors for the construction of the Nord Stream 2 pipelines. On 5 June 2020, Nord Stream 2 AG submitted a request to use pipelayers with anchors for the construction. Previously, the…
BW Offshore has revealed that its FPSO Sendje Berge was attacked by pirates offshore Nigeria on the 2nd July at approximately 4:20 am local time. Nine Nigerian nationals were kidnapped during the attack, the company outlined. None of those remaining onboard the FPSO suffered…
