Offshore News

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Aramco Discovers 2 New Unconventional Gas Fields
Friday, December 02, 2022Saudi Aramco has discovered two new unconventional natural gas fields in the eastern region.

Aker BP Gives Go-Ahead On Projects Worth $19 Billion
Friday, December 02, 2022Aker BP will vote in favor of submitting a PDO for the NOAKA project, the Valhall PWP-Fenris project, the Skarv Satellite project, and the Utsira High projects.

Norway, Germany Propose NATO Subsea Asset Surveillance Center
Friday, December 02, 2022'Chancellor Scholz and I have taken an informal initiative today to improve the protection of subsea infrastructure'.

TotalEnergies To Cut £100M In 2023 North Sea Investments
Friday, December 02, 2022TotalEnergies' North Sea business chief said that the French firm would cut investment by a quarter next year due to the UK Government's windfall tax.

Shipping Costs for Russian Oil Soar
Friday, December 02, 2022Shipping costs for Russian crude are skyrocketing.

Windcat Orders Hydrogen-Powered CSOVs From Damen
Thursday, December 01, 2022Windcat has ordered a series of hydrogen-powered commissioning service operation vessels from Damen Shipyards.

Huge Day For Energy-Hungry Europe As Baltic Pipe Goes All Out
Thursday, December 01, 2022After three years of construction work and even longer preparation, the Baltic Pipe gas pipeline is working at full capacity.

CNOOC Pays $2Bn To Petrobras For Additional Buzios Stake
Thursday, December 01, 2022Petrobras has received nearly $2Bn for the transfer of an additional interest in the Buzios field to Chinese energy major CNOOC.

North Sea Decom Over Next Decade To Cost Around £20Bn
Thursday, December 01, 2022Decommissioning of North Sea oil and gas installations in the next decade will cost around £20 billion, Offshore Energies UK claims.

Will The INTOG Leasing Round Do What It Says On The Label?
Wednesday, November 30, 2022On November 18, the competitive leasing period for the INTOG offshore wind process came to a close and Westwood analyzed the risks involved.

Offshore Norway Sees Discoveries and Dusters Over the Last Month
Wednesday, November 30, 2022It's been a mixed bag in terms of oil and gas exploration offshore Norway over the past month or so.

Construction Of World's Largest Offshore CCS Project Underway
Wednesday, November 30, 2022Petronas Carigali has awarded a contract to undertake the EPCIC services for the world's largest offshore CCS project off the coast of Malaysia.

Norway Postpones 26th Licensing Round To 2025
Wednesday, November 30, 2022Norway has decided not to issue licenses for energy companies to explore oil and gas in frontier areas during the reign of the current parliament.

Oil Tanker Hijacked for 2nd Time in 12 Months
Wednesday, November 30, 2022The B OCEAN was subject to a second hijack and fuel theft this year.

BOEM to Offer 958K Acres Off Alaska Coast in New Lease Sale
Tuesday, November 29, 2022The sale will offer for lease 193 blocks in the northern part of the Cook Inlet Planning Area in federal waters.

BP Starts Production From Cassia C Platform Off Trinidad
Tuesday, November 29, 2022BP's subsidiary BP Trinidad and Tobago has confirmed that its Cassia C development has safely delivered first gas.

CGX, Frontera Complete Preparations For Well Spud Off Guyana
Tuesday, November 29, 2022CGX Energy and Frontera Energy have completed final preparations ahead of the Wei-1 well spud, located in the Corentyne block off Guyana.

USA Adds Rigs Again
Monday, November 28, 2022The U.S. added a total of two land rigs week on week.

DeepOcean Wins $200 Million In Subsea Deals
Monday, November 28, 2022DeepOcean has been awarded substantial contracts from Equinor, ConocoPhillips, and BP worth over $200 million.

IOG Restarts Saturn Banks Phase 1 Production
Monday, November 28, 2022IOG has resumed production at the Saturn Banks 1 assets following the completion of shutdown activities.

North Sea Semi-Sub Utilization Up But Rigs Are Leaving The Region
Monday, November 28, 2022Utilization and deal awards to North Sea semi-submersibles during 2022 improved, but the 2023 demand outlook could result in more units leaving the region next year.

Shell Selling Stakes in UK North Sea Oil Fields
Sunday, November 27, 2022Shell is selling its stakes in a group of North Sea oil fields, according to marketing materials seen by Bloomberg News.

Top Headlines: Biden Requests $500MM for Strategic Petroleum Reserve
Saturday, November 26, 2022Check out some of Rigzone's top stories during the last week.

Oil Freight Boom Makes $1MM Waiting Bills More Common
Friday, November 25, 2022With soaring shipping costs comes soaring bills for ships doing nothing.

Aquadrill Finds Work For Capella Drillship In Indonesia
Friday, November 25, 2022Aquadrill and a Vantage subsidiary have agreed to provide a 6th generation drillship for operations in Indonesia.

EnQuest Year-To-Date Production Right on Point
Friday, November 25, 2022EnQuest has reported higher production for the first 10 months of 2022 when compared to the corresponding period in 2021.

Perenco Hires Valaris Rig For Southern North Sea Drilling Campaign
Friday, November 25, 2022Perenco UK has secured the services of the Valaris 247 jack-up rig for the Southern North Sea drilling campaign.

Deepwater Oil And Gas Production To Rise 60pct By 2030
Thursday, November 24, 2022Deepwater production is set to increase by over 60 percent between 2022 and 2030, growing from 6 to 8 percent of overall upstream production.

Valaris Drillship Gets $136MM Deal For Work Off Egypt
Thursday, November 24, 2022Valaris has won a new deal for one of its drillships with supermajor BP for drilling operations offshore Egypt.

Shell Starts Drilling High-Impact Gas Well Off UK
Thursday, November 24, 2022Shell has started drilling operations on a high-impact gas prospect in the North Sea using a Noble-owned rig.

First French Offshore Wind Farm Fully Functional
Thursday, November 24, 2022France's first commercial-scale offshore wind project, the 480-megawatt Saint-Nazaire Offshore Wind Farm, is now fully operational.

North Sea Authority Launches Another Investigation
Thursday, November 24, 2022The NSTA outlined that its probe could result in action being taken.

Mozambique President Inaugurates Coral Sul FLNG Installation
Wednesday, November 23, 2022The President of Mozambique has inaugurated Eni's Coral-Sul FLNG installation located in the ultra-deep waters of the Rovuma basin.

OneSubsea Scores Contract for BP Cypre Gas Project
Wednesday, November 23, 2022SLB noted that its OneSubsea business and Subsea Integration Alliance secured a large job for BP offshore Trinidad & Tobago.

Chinese Offshore Wind Capacity Boom Driven By State Subsidies
Wednesday, November 23, 2022China's offshore wind market experienced phenomenal capacity growth in 2021 with the subsidy deadline passing as the key driver for the rush.

VIDEO: Man Medevaced from Oil Tanker Offshore Texas
Wednesday, November 23, 2022A 45-year-old man was medevaced from an oil tanker.

Jones Act Is Making The US Diesel Shortage Worse
Wednesday, November 23, 2022One of the main factors underpinning the price of diesel in the US is the Jones Act, making shipping fuel from one US port to another more expensive than sending it to Europe.

Pacific Zircon Style Incidents Dominated Indian Ocean Narrative in 2021
Tuesday, November 22, 2022Pacific Zircon style incidents dominated the Indian Ocean maritime security narrative last year.

Equinor Submits $1.45 Billion Irpa Development Plan
Tuesday, November 22, 2022Equinor has submitted a plan for development and operation for the Irpa gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.

Oil Freight at $100,000 Piles Pressure on Crude Markets
Tuesday, November 22, 2022Soaring shipping costs are piling pressure onto physical oil markets.

Offshore Oil and Gas Assets Face Increasing Cyber Risk
Tuesday, November 22, 2022According to federal officials, a successful cyberattack on offshore oil and gas infrastructure could cause physical, environmental, and economic harm.

USA Adds More Rigs
Monday, November 21, 2022The U.S. added a total of three more rigs week on week.

Eco Atlantic Hits Dust at Gazania-1 Well off South Africa
Monday, November 21, 2022Eco Atlantic has hit target depth at the Gazania-1 well offshore South Africa.

TotalEnergies Plans Oil Exploration Offshore South Africa
Sunday, November 20, 2022TotalEnergies is planning to look for oil off South Africa's West Coast, where environmental groups have increasingly opposed such activity.

Top Headlines: Gulf of Mexico an Area of Increasing Instability and More
Saturday, November 19, 2022Check out some of Rigzone's top stories during the last week.

What Happened in the Oil Market This Week?
Friday, November 18, 2022'Concerns over the global economy overtook potentially bullish geopolitical events this week'.

CNOOC Starts Production From First 3M Gas Field
Friday, November 18, 2022CNOOC has announced that the MDA Gas Field, the largest gas field within the 3M Project in Indonesia, has started production.

Sweden Concludes Nord Stream Explosions Caused by Sabotage
Friday, November 18, 2022'The analysis showed residue of explosives on several of the foreign objects that were found'.

USA Lays Blame for Tanker Attack
Thursday, November 17, 2022'There is no justification for this attack'.

Nigeria To Build Its First-Ever Floating LNG Unit
Thursday, November 17, 2022UTM Floating LNG, JGC, Technip Energies, and KBR have signed an FEED contract for the development of Nigeria's first FLNG facility.