Offshore

Kosmos Energy Announces Fourth Quarter and Full Year 2019 Results

Kosmos Energy Announces Fourth Quarter and Full Year 2019 Results

Kosmos Energy Ltd. (“Kosmos”) (NYSE: KOS) announced today the financial and operating results for the fourth quarter of 2019. For the quarter, the Company generated a net loss of $36 million, or $0.09 per diluted share. When adjusted for certain …

Noble Paul Romano; Source: Noble Corp.

Noble Corporation posts higher quarterly revenues

Offshore Energy Today


Offshore drilling contractor Noble Corporation has managed to keep its net loss flat in the last quarter of 2019 while its revenues increased during the period. Noble Corp. CEO is getting ready to transition to the role

Source: Reuters

Italy’s Eni says offshore Mexico find could make block commercial

Reuters


MEXICO CITY – Italy’s state-controlled oil company Eni said on Monday it notched an offshore discovery just off Mexico’s southern Gulf Coast, marking “a potential commercial outcome” in its area because of other nearby prospects.

The new find is …

Source: Reuters

Tullow Oil shares slip as empty offshore Peru well adds to woes

Reuters


Tullow Oil said it will plug and abandon its Marina-1 well in offshore Peru after drilling reached maximum depth without finding oil, in another sign of trouble for the British oil and gas explorer that sent its shares 8% …

Reuters Events Release Executive Attendee List for Flagship Decommissioning and Abandonment Summit

Reuters Events Release Executive Attendee List for Flagship Decommissioning and Abandonment Summit

Oil & Gas 360 Feed Wire


Reuters Events Release Executive Attendee List for Flagship Decommissioning and Abandonment Summit

Reuters Events Release Executive Attendee List for FlagshipHOUSTON, February 17, 2020 – DecomWorld – part of Reuters Events- today released a sample delegate list of 150 E&P attendees confirmed …

February 17, 2020 - 10:58 am 360 Company Releases, Offshore, Press Releases
SBM Offshore 2019 Full Year Earnings

SBM Offshore 2019 Full Year Earnings

SBM Offshore 2019 Full Year Earnings

Noble Corporation plc Announces Drilling Services Agreement With ExxonMobil In The Guyana-Suriname Basin

Noble Corporation plc Announces Drilling Services Agreement With ExxonMobil In The Guyana-Suriname Basin

Noble Corporation plc Announces Drilling Services Agreement With ExxonMobil In The Guyana-Suriname Basin

February 12, 2020 - 10:15 am Exploration and Production (E&P), Offshore, Press Releases
Kosmos Energy Increases Reserves for Seventh Consecutive Year

Kosmos Energy Increases Reserves for Seventh Consecutive Year

Kosmos Energy Increases Reserves for Seventh Consecutive Year

Aker BP and Cognite Partner to Explore the Potential of Robotics in the Oil & Gas Industry

Aker BP and Cognite Partner to Explore the Potential of Robotics in the Oil & Gas Industry

Aker BP and Cognite Partner to Explore the Potential of Robotics in the Oil & Gas Industry

February 11, 2020 - 8:00 am International, Offshore, Press Releases, Technology
Diamond secures over $50 million backlog with new North Sea extension

Diamond secures over $50 million backlog with new North Sea extension

Off Shore Energy


During 2019, the company secured $620 million of backlog, including over $50 million secured in the fourth quarter related to a 12-month extension for the Ocean Patriot in the North Sea.

Diamond secures over $50 million backlog with new North Sea extension - oilandgas360

Namely, the 1982-built Ocean Patriot semi-submersible …

Source: Houston Chronicle

Guyana backs Exxon deal, slams ‘malicious’ NGO study

Houston Chronicle


Guyana vigorously defended its oil contract with Exxon Mobil Corp. after the deal was criticized by human-rights group Global Witness just a month before the country holds a general election.

The report faulted “inexperienced” government officials for failing …

Source: Houston Chronicle

Chevron, Petrobras plan to sell deepwater Brazilian field

Houston Chronicle


Chevron and Brazil’s state oil company plan to sell their 100 percent ownership stake of a key deepwater field offshore of South America’s largest country as they both seek to sell assets to cut costs.

The deepwater Papa …

Fugro, HC2 divest Global Marine Group stake

Fugro, HC2 divest Global Marine Group stake

Marine Link



US-based financial services company HC2 Holdings and the Dutch multinational provider of geo-intelligence Fugro have sold offshore engineering specialist Global Marine Group (GMG) to private equity firm J.F. Lehman & Company for a sum of USD 250 million. …

Source: Houston Chronicle

Halliburton wins offshore wells contract for Australian LNG project

Houston Chronicle


Houston oil-field service company Halliburton has landed a contract for offshore natural gas wells that will feed an LNG project in Northwest Australia.

In a statement released early Monday, Halliburton said it won drilling and completion services for …

ExxonMobil Ups Guyana Recoverable Resources to More Than 8 Billion Oil-Equivalent Barrels, Makes Discovery at Uaru

ExxonMobil Ups Guyana Recoverable Resources to More Than 8 Billion Oil-Equivalent Barrels, Makes Discovery at Uaru

ExxonMobil Ups Guyana Recoverable Resources to More Than 8 Billion Oil-Equivalent Barrels, Makes Discovery at Uaru

Source: Reuters

Exclusive: Guyana opening search for oil firm to trade its crude – official

Reuters


GEORGETOWN – Guyana’s government next month plans to begin a search for an oil company or trading firm to market its share of the South American country’s crude, the director of the Department of Energy, Mark Bynoe, said in …

Central Ridge Exploration Drilling Project – Public Comments Invited

Central Ridge Exploration Drilling Project – Public Comments Invited

Central Ridge Exploration Drilling Project – Public Comments Invited

January 23, 2020 - 2:03 pm Canada, Canada News, Offshore, Press Releases
Offshore Oil and Gas Services Specialist Deep Down, Inc. Adds Two Executives To Support Growth Strategies

Offshore Oil and Gas Services Specialist Deep Down, Inc. Adds Two Executives To Support Growth Strategies

Offshore Oil and Gas Services Specialist Deep Down, Inc. Adds Two Executives To Support Growth Strategies

January 23, 2020 - 8:11 am Offshore, Oilfield Services, People, Press Releases
Talos Energy Announces Appointment Of Bob Abendschein As Executive Vice President And Head Of Operations, Succeeding Stephen E. Heitzman

Talos Energy Announces Appointment Of Bob Abendschein As Executive Vice President And Head Of Operations, Succeeding Stephen E. Heitzman

Talos Energy Announces Appointment Of Bob Abendschein As Executive Vice President And Head Of Operations, Succeeding Stephen E. Heitzman

Source: Houston Chronicle

Wind power could be dominant offshore energy focus within 5 years

Houston Chronicle


The United States will likely spend more money developing offshore wind capacity than offshore oil and gas within the next five years, according to a new study.

Installed offshore wind capacity off the coast of the United States …

Diamond Offshore to Release Fourth Quarter 2019 Results on February 10

Diamond Offshore to Release Fourth Quarter 2019 Results on February 10

Source: guyanatimesgy.com

Bankers ‘bombard’ Guyana with financing plans as oil boom begins: finance minister

Reuters


GEORGETOWN (Reuters) – Bankers are “bombarding” Guyana with offers of financing backed by future oil production, the finance minister told Reuters, but the South American nation is rejecting the proposals to avoid the excessive borrowing that has plagued other …

Valaris Provides Update on ARO Drilling Joint Venture

Valaris Provides Update on ARO Drilling Joint Venture

SVP of Fieldwood joins VP’s from BP and Repsol on Reuters Events Speaker Line-up at Flagship Decommissioning Summit

SVP of Fieldwood joins VP’s from BP and Repsol on Reuters Events Speaker Line-up at Flagship Decommissioning Summit

360 Feed Wire


HOUSTON, January 16 2020 – DecomWorld – part of Reuters Events- today announced additions to the industry leading speaker faculty for their flagship Decommissioning and Abandonment Summit 2020.

SVP of Fieldwood joins VP’s from BP and Repsol on Reuters Events Speaker Line-up at Flagship Decommissioning Summit - oilandgas360

The Summit will bring together over 500 industry …

January 21, 2020 - 7:51 am International, Offshore, Press Releases
Source: Reuters

Vessel carrying Guyana’s first-ever oil cargo sets sail for the U.S.: Tanker Trackers

Reuters


A vessel carrying about 1 million barrels crude oil from Guyana set sail on Monday for the United States, according to vessel tracking service TankerTrackers.com, ushering the tiny South American nation into ranks of the world’s oil exporters.

The …

Noble Energy Provides Update on Successful Leviathan Startup

Noble Energy Provides Update on Successful Leviathan Startup

Noble Energy Provides Update on Successful Leviathan Startup

The EnQuest Producer is due to be taken to shore and recycled, despite hopes it would be in operation for up to 15 years after Alma-Galia first oil. Pic: Port of Hamburg

EnQuest submits North Sea decommissioning plan less than five years after first oil

EnergyVoice


EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.

The UK-listed operator started up the Alma-Galia fields in October 2015 as tie-backs to the EnQuest Producer …

Launching of Gas Agility in October 2019. Image Courtesy: Total

World’s largest LNG bunker vessel aces sea trials

World Maritime News


A giant LNG bunker vessel, which will be operated by French energy giant Total and owned by Japanese shipping company Mitsui O.S.K. Lines (MOL), has completed sea trials in China, according to an official from Bureau Veritas

January 11, 2020 - 9:45 am Closing Bell Story‎, LNG, Marine Shipping, Offshore
Deep Down Receives Orders for Emergency Repairs to Subsea Oil and Gas Umbilicals

Deep Down Receives Orders for Emergency Repairs to Subsea Oil and Gas Umbilicals

Deep Down Receives Orders for Emergency Repairs to Subsea Oil and Gas Umbilicals

Woodside pulls trigger to start work on Senegal’s Sangomar – Schlumberger-Subsea 7

Woodside pulls trigger to start work on Senegal’s Sangomar – Schlumberger-Subsea 7

EnergyVoice


Australia’s Woodside Energy has approved the 100,000 barrel per day Sangomar project, offshore Senegal, launching agreements with suppliers and putting the field on course to begin production in 2023.

Woodside pulls trigger to start work on Senegal’s Sangomar - oilandgas360

Woodside announced the final investment decision (FID), triggering deals with …