Cambodia's government said on Thursday it had no immediate plan for maintaining oil production in the country, after its partner KrisEnergy announced it was headed to liquidation, just five months after extracting the country's first drop of oil…
Serica Energy has said it has installed new completion equipment at Rhum R3 well in the North Sea, and that 'flow test has now been performed.'As reported late in May, Serica said it had cleared the well of all equipment installed when it was originally completed in 2005…
Norwegian offshore services company Havfram, previously known as Ocean Installer, has won a contract with Technip Energies in Africa.The contract is for the pre-installation and subsequent hook-up of the subsea mooring system for a natural gas…
Royal Dutch Shell will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business…
Woodside Petroleum is in the final stages of working out costs on its Scarborough gas and Pluto LNG expansion project, as it faces rising labor and steel costs, the company’s boss said on Tuesday.The Scarborough development offshore Western…
Oil and gas firm Jadestone Energy, which has, since 2019, been working to complete the acquisition of OMV's interest in the Maari field off New Zealand, now expects to wrap the deal 'in the second half of 2021.'Singapore-based Jadestone in November…
Australian engineering firm Worley has secured a two-year contract to provide engineering and procurement (E&P) services to Stage 2 of Ithaca Energy’s Captain Enhanced Oil Recovery (EOR) project in the UK North Sea.The Captain field, operated by Ithaca Energy…
Schlumberger's OneSubsea has ordered a turnkey package from Siemens Energy for the Bacalhau field development project in the Pre-salt region of the Santos Basin. The Bacalhau oilfield, operated by Equinor, is located approximately 115 miles (185 kilometers) off Sao Paulo…
U.S. oil major Chevron has hired Floatel International's offshore accommodation rig for services at its Anchor field development in the U.S. Gulf of Mexico.Floatel said Tuesday that it would deploy its Floatel Triumph rig for the job. It did not share the financial details…
Oil jumped to a two-year high above $72 a barrel on Monday, extending this year's rally supported by recovering demand and OPEC+ supply curbs, before giving up the gains as investors took profits.Demand is rising in the United States and Europe as COVID-19 restrictions are loosened and…
Italian oil and gas company Eni has said it has successfully drilled and tested the Maha 2 appraisal well offshore Indonesia, and will most likely tie it to the Jangkrik floating production unit.The well is located in West Ganal block offshore Kalimantan…
UK-focused oil and gas company Siccar Point Energy has made an application for consent to the Oil and Gas Authority for an environmental statement for the Cambo field development located near the UK/Faroe Island transboundary line.The Cambo…
North Sea-focused oil and gas company IOG has installed the Blythe and Southwark gas platforms at their respective offshore field locations in the UK.Located in the southern North Sea, the two usually unmanned, remotely controlled platforms…
KrisEnergy, an oil and gas company focused on Southeast Asia, said Friday it had filed a winding-up petition and that it would proceed to liquidation due to its inability to pay debts.KrisEnergy warned about this outcome back on March 31 when it said that the production from the Apsara field…
Malaysian oil and gas company Hibiscus Petroleum has confirmed it has agreed to buy Repsol’s interest in oil and gas assets in Malaysia and Vietnam for $212.5 million.The announcement comes after Repsol earlier this week announced the sale to Hibiscus…
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