Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhilli…
A six-year-old semi-submersible rig, managed by Odfjell Drilling and owned by Northern Ocean, is getting a new owner, as the current manager sets the stage to become the new owner of this mobile offshore drilling unit (MODU).
The post 2019-built rig ch…
2019-built rig changing hands thanks to $480 million sale deal Read More »
Brazilian state-owned energy giant Petrobras has unearthed more oil in the Campos Basin off the coast of Brazil.
The post Petrobras digs up more black gold offshore Brazil appeared first on Offshore Energy.
Petrobras digs up more black gold offshore Brazil Read More »
Japan’s MODEC has embarked on a strategic merger of its wholly owned companies, MODEC America and SOFEC, to create an integrated mooring solutions business unit and strengthen global offerings.
The post MODEC-SOFEC merger giving birth to integrated moo…
MODEC-SOFEC merger giving birth to integrated mooring solutions business unit Read More »
Moscow-headquartered energy giant PJSC Lukoil is doing its utmost to ensure all operations at its assets are functioning properly during the sale discussions, shortly after receiving a bid from Switzerland’s Gunvor Group for its international portfolio…
Russian oil & gas giant set on preventing ops disruption during divestment talks Read More »