Harbour Energy (LON:HBR) and its partner Zarubezhneft have successfully completed their first appraisal well in the Tuna Block in the Natuna Sea offshore Indonesia despite reports that Chinese vessels had been meddling in the area.
Energy Voice Out Loud, under the tender new management of Allister, took a look at the big numbers coming out of OGUK’s big report this week. Imports are rising, it seems, but politics remain a tangled web. Are companies too scared of allegations of greenwashing to make the case for the energy industry?
A Chinese ship has been meddling with Harbour Energy’s ongoing drilling campaign at its Tuna block in the Natuna Sea offshore Indonesia. Significantly, the appraisal drilling is funded by Russia’s state-backed Zarubezhneft and the incident underscores the fact that Moscow’s energy interests in the South China Sea are increasingly being threatened by China.
Shares in IOG dropped by more than 10% this morning after the firm warned recovery from its Elgood gas field might not live up to expectations.
Independent Oil and Gas (IOG) is welcoming a “key milestone” after drilling got underway on its “Core” project North Sea fields.
The direction of travel appears clear; around a quarter of the current offshore floater rig fleet - ships and semi-submersibles - will be sent to the scrapyard near-term.
Mergers and acquisitions have been slowed by the COVID-19 outbreak. But as companies embrace the energy transition opportunities will arise
Scrapping of offshore oil rigs needs to be significantly ramped up in order to end the “bankruptcy nightmare” of their owners, according to Bassoe Offshore.
Beijing has increased pressure on Hanoi thereby derailing yet another upstream project in the South China Sea.
What in recent offshore industry terms were regarded as five of the most powerful brands in US drilling history are in deep trouble and the situation can only get worse.
Apache and Total have announced a “significant oil discovery” off the South American nation of Suriname.
Drilling rig operator Noble has given an update on its fleet, including two new contract extensions in the UK and Middle East.
The finalists have been revealed for an awards ceremony celebrating companies and people who have made an outstanding contribution to offshore health and safety.
Unite is seeking to re-establish negotiations with a “breakaway” group of drilling firms after workers last month rejected a “derisory” pay offer.
Scores of offshore drillers have rejected an "inferior" pay offer from a group of companies accused of snubbing a collective agreement.
A "breakaway" group of drilling contractors looking to offer different terms to workers have been condemned by a trade union.
Energy accreditation and consultancy firm DNV GL has appointed Neil Fraser as its new decommissioning lead.
An Aberdeen-based subsidiary of global drilling giant Noble is relocating from Farburn Industrial Estate, Dyce, to the Stratus building at ABZ Business Park.
Houston oil producers Apache Corporation and Noble Energy have signed on as the primary customers for the massive EPIC Crude Oil Pipeline that will traverse Texas from the booming Permian Basin near the New Mexico border to Corpus Christi.
Noble Group Ltd. dissident shareholder Goldilocks Investment Co. says the Singapore regulator’s handling of the trader’s drawn-out battle for survival is being closely followed by overseas investors, highlighting the importance of the case for the city-state’s reputation as a financial hub.
Debt-strapped Fieldwood Energy is filing for Ch. 11 bankruptcy protection the same day it said it would acquire Noble Energy's Gulf of Mexico assets in a roughly $700 million deal.
Oil rig firm Noble said today that Spirit Energy has booked one of its rigs for work in the North Sea.
US drilling contractor Noble's chief executive David Williams has been replaced by Julie Robertson following his retirement.
Offshore drilling contractor Noble said today that it had agreed a new credit facility with lenders.
Noble Energy's pipeline business created a new joint venture to buy Colorado's Saddle Butte Pipeline for $625 million.