Australia picks operator to keep Northern Endeavour FPSO in ‘lighthouse mode’

Australian government has hired  Upstream Production Solutions to operate the Northern Endeavour FPSO following an unprecedented event in the offshore oil and gas industry in Australia where an oil…

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Transocean’s contract backlog tops $10 billion

Offshore drilling contractor Transocean has secured more work for its fleet of offshore drilling rigs and brought its total contract backlog to over $10 billion.  Transocean said last Friday that,… …

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Popular news, February 10 – 16, 2020

Offshore Energy Today’s most popular news of the past week.

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Westwood: More offshore EPC spending in 2020, prices remain a focus

Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020 with pricing expected to remain competitive, according to market research…

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KrisEnergy sheds asset offshore Vietnam for cash consideration

Singapore’s KrisEnergy has entered into a farm-out agreement with a “major international oil and gas company” for the transfer of its entire 100 percent working interest in the Block 115/09… …

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Israel limits natural gas production at Leviathan due to pipeline fault

The Government of Israel has limited the natural gas production from its largest natural gas field – Leviathan – to about 60 percent of its production capacity due to a pipeline fault.

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Valaris picks up bag of new contracts for rig fleet

Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and extensions with Eni, BP, Premier Oil, Kosmos, Walter Oil & Gas, and an… …

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Woodside wins dispute with FAR over ConocoPhillips Senegal assets sale

Australian energy giant Woodside has received a decision in its favor from the International Court of Arbitration of the International Chamber of Commerce regarding a dispute related to… …

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i3 opens data room to entice farm-in partners for UK offshore assets

UK independent i3 Energy has opened its data room to potential partner companies looking to farm into the company’s UK North Sea assets.

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ConocoPhillips extends Bristow contracts in North Sea

Bristow Group has been awarded extensions to two contracts with ConocoPhillips to support its air transportation crew change and shuttle/search and rescue (SAR) services for the Greater Ekofisk Area… …

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