Service Contracts

Service Contracts , Exploration & Production , Drilling

Senex Energy Set To Start Surat Basin Natural Gas Drilling Project

Australian oil and gas producer Senex Energy Ltd. (ASX: SXY) will start its Surat Basin natural gas drilling program next month after contracting oil and gas services provider Easternwell. Senex is a supplier of gas to Australia's east coast gas market.

April 16, 2019

Service Contracts , Subsea

Subsea 7 Eyes Major Contracts From Woodside Petroleum

Woodside Petroleum Ltd. has in recent months awarded three contracts to Subsea 7 for offshore oil and gas engineering work that may eventually exceed $750 million in value, the Oslo-listed company said on March 6.

March 6, 2019

Service Contracts , Drilling

Strong Year Ahead For The Gulf Of Mexico

A supermajor inks a contract for the fi rst drillship rated for 20,000-psi operations.

February 6, 2019

Joint Ventures , Service Contracts , Technology

Deep Sea Mooring Inks Mulityear Agreement With Diamond Offshore

Vryhof and its mooring business, Deep Sea Mooring (DSM), have signed a multiyear agreement with Diamond Offshore, the company said on Jan. 29.

January 29, 2019

Field Development , Service Contracts , Technology

BP Extends Odfjell Platform Drilling Contract In North Sea

Odfjell Drilling said on Jan. 29 that BP (NYSE: BP) will continue to use the company’s platform drilling services on the U.K. continental shelf.

January 29, 2019

Technology , Service Contracts

BHGE Aims To Lower CO2 Equivalent Emissions To Net Zero By 2050

Baker Hughes, a GE company (NYSE: BHGE), has committed to reducing its CO2 equivalent emissions 50% by 2030, achieving net-zero CO2 equivalent emissions by 2050, the company said Jan. 28 in a news release.

January 28, 2019

Public Capital , Private Equity , Service Contracts , Exploration & Production , Midstream

Energy Bankruptcies Slow, But Debt Remains High

While energy bankruptcy filings slowed in 2018, the total amount of debt in oil and gas remains staggering, a recent Haynes and Boone report says.

January 25, 2019

Completions , Service Contracts , Unconventional

Tough Times For Sand Miners

Disruption comes to the proppant market as low commodity prices cap demand and mining capacity expands rapidly.

January 25, 2019

Field Development , Service Contracts , Technology

BP Awards Offshore Trinidad Contract To McDermott

McDermott International Inc. (NYSE: MDR) on Jan. 24 said it has been awarded a significant contract award by BP Trinidad & Tobago LLC (bpTT) for the engineering, procurement and construction (EPC) of the Cassia Compression Platform, located 35 miles (57 km) southeast off the coast of Trinidad.

January 25, 2019

Policy & Regulations , Public Capital , Technology , Midstream , Service Contracts , Unconventional

‘Under Siege’: Oil Industry Mulls Raising Returns, PR Game

At the World Economic Forum in Davos, heads of Chevron, BP, Shell, Total, Aramco and Exxon Mobil joined together to discuss two key topics—climate change and pressure from investors.

January 25, 2019