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The upgrade project will increase the maturing field’s oil production to 485,000 B/D.

ADNOC’s drilling subsidiary has increased its rig fleet to 95 and plans to add “dozens” more by 2025.

The ransomware attack that began over the weekend is reportedly still affecting the national oil company’s payment systems, which may have wider impacts on its supply chain. For now, the company says its upstream and downstream operations are running normally.

P-68 is Petrobras’ fourth FPSO to begin operations this year following the startups of P-67 at the Lula field and P-76 and P-77 at the Buzios field.

Annual report says that governments have the greatest capacity and responsibility to shape the energy future.

Occidental Petroleum has closed on deals totaling $1.7 billion as part of its divestment program following its $38-billion takeover of Anadarko Petroleum.

ADNOC said the agreements will maximize its access to new markets, effectively booking out the majority of its LNG production through the start of 2022.

The long-struggling shale operator’s share price on 12 November closed at 67¢/share, a 25-year low.

Lankhorst Ropes provided slings to Seaway 7 for a heavy-lift project on Shell’s Dolphin platform offshore Trinidad and Tobago. Shell contracted the installation of a permanent living quarter module on the facility, which it acquired from Chevron in 2017.

Solstad Offshore, a Norwedian offshore vessel owner, has been awarded a long-term contract with Global Offshore for the construction support vessel (CSV) Normand Clipper. The contract will begin in the first quarter of 2020 and last for 3 years. The deal also includes 5 years of options after the fixed term.