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 …
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 …
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 …
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% …
Oil & Gas 360 Feed Wire
Reuters Events Release Executive Attendee List for Flagship Decommissioning and Abandonment Summit
HOUSTON, February 17, 2020 – DecomWorld – part of Reuters Events- today released a sample delegate list of 150 E&P attendees confirmed …
SBM Offshore 2019 Full Year Earnings
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Noble Corporation plc Announces Drilling Services Agreement With ExxonMobil In The Guyana-Suriname Basin
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Kosmos Energy Increases Reserves for Seventh Consecutive Year
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Aker BP and Cognite Partner to Explore the Potential of Robotics in the Oil & Gas Industry
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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.
Namely, the 1982-built Ocean Patriot semi-submersible …
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 …
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 …
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. …
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
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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
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Offshore Oil and Gas Services Specialist Deep Down, Inc. Adds Two Executives To Support Growth Strategies
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Talos Energy Announces Appointment Of Bob Abendschein As Executive Vice President And Head Of Operations, Succeeding Stephen E. Heitzman
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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
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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
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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.
The Summit will bring together over 500 industry …
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
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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 …
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…
Deep Down Receives Orders for Emergency Repairs to Subsea Oil and Gas Umbilicals
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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 announced the final investment decision (FID), triggering deals with …
