Offshore news
Woodside's Scarborough project gets green light
Australia's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has advised of its acceptance of the Scarborough offshore project proposal.
TechnipFMC reduces 2020 CAPEX
The company has announced a 30% reduction in 2020 CAPEX to US$300 million.
First gas achieved at ONGC project in Krishna Godavari Basin
At 4265 ft (1300 m), the first well that has been opened for early first gas is the deepest water depth opened by ONGC.
Subsea 7 withdraws 2020 guidance
The company has said it has sufficient liquidity to weather the challenges of low commodity prices and the Covid-19 pandemic.
ABS to provide classification for Silver Eagle's self-elevating drilling units
Silver Eagle says the self-propelled design is capable of working at greater water depths and in harsh environments.
Aker Energy cancels FPSO contract with Yinson
Aker Energy was due to charter an FPSO for the deepwater Tano/Cape Three Points (DWT/CTP) project, offshore Ghana.
Aker Solutions awarded brownfield services contract in Brunei
The scope of work covers maintenance and upgrades to maintain production levels for more than 200 offshore assets.
Neptune Energy anticipates increase in North Sea produced volumes in 2020
Neptune anticipates 2020 to see produced volumes increase, reflecting production from the Cygnus field and an additional 3000 boe/d from assets set to be acquired from Energean Oil & Gas.
TGS and PGS release final data for 2020 Eastern Newfoundland licensing round
The fully merged and migrated Tablelands and North Tablelands 3D datasets cover approximately 12 500 km2 in the eastern part of the Orphan Basin.
Rystad Energy: rig utilisation could fall by 18% in Southeast Asia in 2020
Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline, according to analysis by Rystad Energy.