South Korean national oil company KNOC has booked the Maersk Viking drillship to drill one exploration well in Block 6-1 offshore South Korea.Maersk Drilling, the owner of the offshore drilling rig, said Monday the would begin in June 2021, in direct continuation of the rig’s previous work scope…
Australian offshore oil and gas regulator NOPSEMA on Friday said it was taking compliance action against oil firm Woodside Energy Ltd to ensure safe and responsible decommissioning of the Nganhurra riser turret mooring. The regulator said it was looking at possible breaches of law…
Guyana on Thursday abruptly terminated an agreement with Taiwan to open an office in the South American country, hours after China urged Georgetown to 'correct their mistake.'Taiwan's foreign ministry earlier on Thursday said it had signed an agreement with Guyana on Jan…
Energy Drilling Management Pte Ltd (EDMPL) has entered into a management agreement with Seadrill Partners to maintain, market, and operate the tender rigs Seadrill-T15, Seadrill-T16 and West Vencedor.After the transaction, EDMPL will effectively…
Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains on signs of economic growth in the United States and a continued commitment by producers to hold back crude supply.Brent crude futures climbed 28 cents…
Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…
Japanese oil firm Inpex has increased its share in Lucius and Hadrian North fields in the U.S. Gulf of Mexico.The company on Tuesday said it had acquired 2.3546% interest of the participating interest (23.29512%) in the Lucius and Hadrian North fields previously held by ExxonMobil…
ExxonMobil added a new director to its board after months of investor pressure and the top U.S. oil producer on Tuesday also posted its first annual loss as a public company due to the COVID-19 pandemic hammering energy prices.Tan Sri Wan Zulkiflee Wan Ariffin…
Three60 Energy, a UK-based energy services company, will be providing Duty Holder O&M services to the FPSO Intrepid, currently producing from the Galoc Field, located offshore Palawan Island in the Philippines, in what is the company's first such contract outside of the UK…
Australia's Woodside Petroleum has put some activity on hold in Myanmar after generals seized power and detained elected leader Aung San Suu Kyi, and said on Tuesday it was monitoring the changing situation in the country.Woodside has been working…
MHI Vestas Japan, a joint venture between Japan's Mitsubishi Heavy Industries, and Danish wind turbine maker Vestas Wind Systems started operations on Monday.The newly established joint venture is aimed at strengthening the two partners' collaboration in the field of renewable energies…
Oil firm Masirah Oil has informed that production has kicked off from the second development well drilled in the Yumna Field, in the Block 50, offshore Oman.The well was spudded on December 10, 2020, using the Shelf Drilling Tenacious jack-up rig…
Dutch heavy lift and transportation company Mammoet is opening a new office in Taichung, Taiwan, to allow its team to be located closer to project sites and to offer onshore services for offshore wind farms locally.'Due to the rapid expansion…
The chief executives of ExxonMobil Corp and Chevron Corp held preliminary talks in early 2020 to explore combining the two largest U.S. oil producers in what would have been the biggest merger of all time, according to people familiar with the matter…
The Indian government may give Cairn Energy a surrendered oil field such as the Ratna R-Series [offshore the west coast] in lieu of an arbitration award against the South Asian country, according to a Press Trust of India report in financial daily Mint…
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