News
Ecuador applies oil production reduction due to severe drought in Amazon basin
The situation could lead to further difficulties if weather conditions do not improve soon.
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Shell subleases semi-submersible platform for operations in Brazil
The Alpha Star platform can operate in water depths equivalent to more than 2,700 meters.
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Oil companies decide to evacuate offshore platforms ahead of the arrival of storm Francine
Most companies have decided to stop drilling for oil and wait for the path of the storm.
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Transocean wins contract for ultra-deepwater drillship in India
The Dhirubhai Deepwater KG1 vessel can operate at depths of up to 3,000 meters, the equivalent of 10 Eiffel Towers stacked on top of each other…
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Environmental emergency declared for beaches in Telde after fuel spill in Gran Canary Islands
The Government of the Canary Islands has ordered the mobilization of the Local Police and the Telde Lifeguard Service to the scene.
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Talos Energy Strikes Rich Oil and Gas Find in Gulf of Mexico
This new discovery reaffirms Talos' commitment to the strategic exploitation of energy resources in the Gulf of Mexico and strengthens its ability to execute in the…
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Noble Corporation completes acquisition of Diamond Offshore and announces new director
With this acquisition, Noble Corporation now owns the largest fleet of seventh-generation drillships.
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Chevron boosts oil and gas recovery in the Gulf of Mexico
The Tahiti field has produced more than 500 million barrels of oil equivalent since its start-up in 2009.
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Oil prices fall to yearly lows, threatening massive sell-off in crude market
Brent is touching yearly lows of $74.2, and a possible break of key support could trigger a 10% drop in crude oil prices, according to technical…
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Helix secures contracts with Petrobras for offshore well intervention in Brazil
The Siem Helix 2 vessel has completed more than 100 well interventions in the Santos and Campos basins since 2017.
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FPSO Sepetiba reached peak oil production in Santos Basin
The vessel reached full production in only eight months.
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Kotug to support ENI’s LNG project in Congo with advanced maritime services
The company will provide maritime services for the Congo LNG project, using its state-of-the-art vessels.