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Company News
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23 January 2020
Equinor faces legal challenge over Great Australian Bight oil drilling
The Wilderness Society has launched legal action against NOPSEMA over its approval of oil drilling plans made by Equinor in the Great Australian Bight.
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20 January 2020
Eni begins production at Agogo oil field offshore Angola
Italian oil and gas firm Eni has begun production at the Agogo oil field in the 15/06 Block in offshore Angola.
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17 January 2020
TechnipFMC anticipates closing company split deal in Q2 2020
Oilfield services firm TechnipFMC has reaffirmed the timeline for its planned split into two separate diversified pure-play entities.
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16 January 2020
SOCAR and BP start drilling at Shafag-Asiman block offshore Azerbaijan
Oil and gas major BP and its partner State Oil Company of the Republic of Azerbaijan (SOCAR) have begun drilling of the Shafag-Asiman block offshore Caspian Sea in the Azerbaijan...
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14 January 2020
UAE to invest $3bn in Indonesia’s energy infrastructure
The United Arab Emirates (UAE) will invest US$3bn in energy projects ranging from oil refineries to infrastructure for electricity in Indonesia through a sovereign wealth fund set up by President...
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14 January 2020
SBM Offshore has first multi-purpose floater arrives in Singapore
Dutch-based offshore oil and gas services provider SBM Offshore’s first Fast4Ward hull has arrived at the Keppel yard in Singapore.
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14 January 2020
Lundin Petroleum halts Arctic Alta and Gohta development plans
Lundin Petroleum has ruled out the standalone development of the Alta and nearby Gohta discoveries in the Barents Sea off Norway as it is not commercially viable.
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13 January 2020
CNOOC plans to increase its 2020 capex to $13.79bn
China’s state-owned offshore oil and gas major CNOOC has announced plans to increase its 2020 capital expenditure (capex) from CNY85 billion to CNY95 billion ($12.34 billion to $13.7 billion).
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10 January 2020
Boskalis says ‘toxic’ liquid consumption on FPSO leaves one dead
Dutch firm Boskalis reported that an incident on board an floating production, storage and offloading (FPSO) vessel has left one contract worker dead.
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10 January 2020
Woodside Energy has Sangomar offshore oil field approved by Senegal
The Government of Senegal has approved a Woodside Energy-led joint venture’s (JV) proposed $4.2bn Sangomar offshore oil field.