Category: Drilling & Production
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OPEC+ expected to keep output pause for March as oil climbs above $70
OPEC+ expected to keep output pause for March as oil climbs above $70 Reuters Go to baird maritime
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Offshore oil to drive Guyana economy to new heights in 2026
Offshore oil to drive Guyana economy to new heights in 2026 Reuters Go to baird maritime
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FACTBOX | Venezuelan oil industry: world’s largest reserves, decaying infrastructure
FACTBOX | Venezuelan oil industry: world’s largest reserves, decaying infrastructure Reuters Go to baird maritime
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FEATURE: | Trump: US oil companies will spend the billions needed to restore Venezuela’s crude output
FEATURE: | Trump: US oil companies will spend the billions needed to restore Venezuela’s crude output Reuters Go to baird maritime
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Brazilian union rejects Petrobras proposal to end strike
Brazilian union rejects Petrobras proposal to end strike Reuters Go to baird maritime
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CNOOC commences new offshore oil project in the South China Sea
CNOOC commences new offshore oil project in the South China Sea Reuters Go to baird maritime
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Ukraine claims it hit Russian oil rig, patrol ship in Caspian Sea
Ukraine claims it hit Russian oil rig, patrol ship in Caspian Sea Reuters Go to baird maritime
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Petrobras sees no production impact as strikes kick off on oil platforms and refineries
Petrobras sees no production impact as strikes kick off on oil platforms and refineries Reuters Go to baird maritime
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Noble Corporation confirms divestment of six jackup drilling rigs
Noble Corporation confirms divestment of six jackup drilling rigs Jens Karsten Go to baird maritime
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Shell says output at two Gulf of Mexico offshore platforms temporarily shut in
Shell says output at two Gulf of Mexico offshore platforms temporarily shut in Reuters Go to baird maritime
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Petrobras eyes production start at Tartaruga Verde in two years
Petrobras eyes production start at Tartaruga Verde in two years Reuters Go to baird maritime
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US oil production sets new record high in September, shrugging off surplus fears
US oil production sets new record high in September, shrugging off surplus fears Reuters Go to baird maritime
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Seadrill posts $11m net loss, $86m gross operating profit in Q3 2025
Seadrill posts $11m net loss, $86m gross operating profit in Q3 2025 Jens Karsten Go to baird maritime
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US oil and gas production hits new record highs in August
US oil and gas production hits new record highs in August Reuters Go to baird maritime
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LLOG Exploration Offshore eyes sale, valued at over $3b
LLOG Exploration Offshore eyes sale, valued at over $3b Reuters Go to baird maritime
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India’s HPCL reports issues after processing crude from HOECL offshore field
India’s HPCL reports issues after processing crude from HOECL offshore field Alan Bosworth Go to baird maritime
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Petrobras reports record oil exports in third quarter as output rises
Petrobras reports record oil exports in third quarter as output rises Reuters Go to baird maritime
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Equinor reports gas production start at Askeladd Vest field in Barents Sea
Equinor reports gas production start at Askeladd Vest field in Barents Sea Gareth Havelock Go to baird maritime
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EIA says US crude oil production reached record high in June
EIA says US crude oil production reached record high in June Reuters Go to baird maritime
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Van Oord completes ballasting operations and scour protection for West White Rose project in Canada
Van Oord completes ballasting operations and scour protection for West White Rose project in Canada Jens Karsten Go to baird maritime
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Oil States’ Q2 profits boosted by growth in offshore segment
Oil States’ Q2 profits boosted by growth in offshore segment Gareth Havelock Go to baird maritime
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Petrobras’ oil output rises 7.6 per cent in Q2 boosted by production vessels ramp-up
Petrobras’ oil output rises 7.6 per cent in Q2 boosted by production vessels ramp-up Reuters Go to baird maritime
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Thailand’s PTTEP buys full control in offshore gas block from Chevron for $450m
Thailand’s PTTEP buys full control in offshore gas block from Chevron for $450m Reuters Go to baird maritime
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Beacon starts production at Shenandoah field, sanctions south expansion
Beacon starts production at Shenandoah field, sanctions south expansion Alan Bosworth Go to baird maritime
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Chevron’s entry into Guyana oilfields tackles key strategic hurdle
Chevron’s entry into Guyana oilfields tackles key strategic hurdle Reuters Go to baird maritime
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US delays rule on Gulf of Mexico whale protections by two years
US delays rule on Gulf of Mexico whale protections by two years Reuters Go to baird maritime
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Chevron says offshore well start-up caused Mars crude quality issues
Chevron says offshore well start-up caused Mars crude quality issues Reuters Go to baird maritime
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Cheniere approves Corpus Christi LNG expansion, updates company outlook
Cheniere approves Corpus Christi LNG expansion, updates company outlook Alan Bosworth Go to baird maritime
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Equinor says Johan Castberg field in Barents Sea producing at full capacity
Equinor says Johan Castberg field in Barents Sea producing at full capacity Jens Karsten Go to baird maritime
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Noble drillship arrives in Philippines for three-well campaign at Malampaya gas field
Noble drillship arrives in Philippines for three-well campaign at Malampaya gas field Jens Karsten Go to baird maritime
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EnQuest to finalise $84m Vietnam oilfield acquisition soon, CEO says
EnQuest to finalise $84m Vietnam oilfield acquisition soon, CEO says Reuters Go to baird maritime
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Norway oil drilling workers agree wage deal, averting strike
Norway oil drilling workers agree wage deal, averting strike Reuters Go to baird maritime
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Santos’ Barossa LNG project progresses towards final commissioning plans
Santos’ Barossa LNG project progresses towards final commissioning plans Reuters Go to baird maritime
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Staatsolie, Petronas sign production-sharing contract for deepwater block in Suriname
Staatsolie, Petronas sign production-sharing contract for deepwater block in Suriname Reuters Go to baird maritime
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Iran says production at South Pars partly suspended after Israeli attack
Iran says production at South Pars partly suspended after Israeli attack Reuters Go to baird maritime
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FEATURE | Petrobras aims to make Africa its main exploratory region outside Brazil, CEO says
FEATURE | Petrobras aims to make Africa its main exploratory region outside Brazil, CEO says Reuters Go to baird maritime
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BP boosts investment in Azerbaijan Caspian Sea projects
BP boosts investment in Azerbaijan Caspian Sea projects Reuters Go to baird maritime
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Trump administration proposal would lift Biden-era limits on Alaska oil drilling
Trump administration proposal would lift Biden-era limits on Alaska oil drilling Reuters Go to baird maritime
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Three now declared dead in Chevron’s Angolan oil platform fire
Three now declared dead in Chevron’s Angolan oil platform fire Reuters Go to baird maritime
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Supplies from sanctioned Arctic LNG 2 plant curbed by lack of tankers, source says
Supplies from sanctioned Arctic LNG 2 plant curbed by lack of tankers, source says Reuters Go to baird maritime
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Union Investment cuts TotalEnergies stake over East African project allegations
Union Investment cuts TotalEnergies stake over East African project allegations Reuters Go to baird maritime
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Eni starts gas production at Merakes East field in Indonesia
Eni starts gas production at Merakes East field in Indonesia Reuters Go to baird maritime
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Shell faces delays on two wells at Perdido development in US Gulf
Shell faces delays on two wells at Perdido development in US Gulf Reuters Go to baird maritime
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Beacon predicts first oil from semi-submersible production rig Shenandoah in June
Beacon predicts first oil from semi-submersible production rig Shenandoah in June Reuters Go to baird maritime
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Oil ends at four-year lows as OPEC+ accelerates output hikes
Oil ends at four-year lows as OPEC+ accelerates output hikes Reuters Go to baird maritime
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Industry leaders say US Gulf oil output could increase to 2.4m barrels per day
Industry leaders say US Gulf oil output could increase to 2.4m barrels per day Reuters Go to baird maritime
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Japan in talks with QatarEnergy on long-term LNG supply deal
Japan in talks with QatarEnergy on long-term LNG supply deal Reuters Go to baird maritime
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Petrobras posts slight drop in first-quarter oil and gas output
Petrobras posts slight drop in first-quarter oil and gas output Reuters Go to baird maritime
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Guyana proposes to make companies liable for oil spill damages
Guyana proposes to make companies liable for oil spill damages Reuters Go to baird maritime
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Shell pulls out of offshore gas projects in Colombian Caribbean
Shell pulls out of offshore gas projects in Colombian Caribbean Reuters Go to baird maritime
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Activist investor wants BP to boost free cash flow to $20 billion by 2027
Activist investor wants BP to boost free cash flow to $20 billion by 2027 Reuters Go to baird maritime
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Chevron announces first oil at Ballymore project in US Gulf of Mexico
Chevron announces first oil at Ballymore project in US Gulf of Mexico Reuters Go to baird maritime
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Exxon consortium to begin installation of FPSO One Guyana
Exxon consortium to begin installation of FPSO One Guyana Reuters Go to baird maritime
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Production begins at CNOOC’s Wenchang 9-7 oilfield development project
Production begins at CNOOC’s Wenchang 9-7 oilfield development project Baird Maritime Go to baird maritime
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SBM Offshore signs $400m sale and leaseback agreement for FPSO Cidade de Paraty
SBM Offshore signs $400m sale and leaseback agreement for FPSO Cidade de Paraty Alex Go to baird maritime
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US energy chief heads to Middle East to discuss technology, Iran
US energy chief heads to Middle East to discuss technology, Iran Reuters Go to baird maritime
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Chevron fined $740 million over Louisiana coast Texaco contamination
Chevron fined $740 million over Louisiana coast Texaco contamination Reuters Go to baird maritime
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Norway gas export hub restores power supply after outage
Norway gas export hub restores power supply after outage Reuters Go to baird maritime
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Europe seeks to avoid Russian energy if sanctions eased, ministers and execs say
Europe seeks to avoid Russian energy if sanctions eased, ministers and execs say Reuters Go to baird maritime
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Petrobras to clear coral off drill rig to be used in Foz do Amazonas
Petrobras to clear coral off drill rig to be used in Foz do Amazonas Reuters Go to baird maritime
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US ponders how to ease Russia energy sanctions quickly if war ends
US ponders how to ease Russia energy sanctions quickly if war ends Reuters Go to baird maritime
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Guyana VP says Exxon’s consortium has recovered $33.9b in Guyana
Guyana VP says Exxon’s consortium has recovered $33.9b in Guyana Reuters Go to baird maritime
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Pemex swings to $9 billion loss
Pemex swings to $9 billion loss Reuters Go to baird maritime
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Petrobras considers cancelling FPSO tender after high bid, sources say
Petrobras considers cancelling FPSO tender after high bid, sources say Reuters Go to baird maritime
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Guyana to ramp up production, sign oil agreement with TotalEnergies-led group
Guyana to ramp up production, sign oil agreement with TotalEnergies-led group Reuters Go to baird maritime
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Sentinel Midstream prepares for final investment decision for US oil export project
Sentinel Midstream prepares for final investment decision for US oil export project Reuters Go to baird maritime
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Trump-Putin talks offer some clarity on Ukraine, energy, NATO, sanctions
Trump-Putin talks offer some clarity on Ukraine, energy, NATO, sanctions Reuters Go to baird maritime
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Almirante Tamandare begins production at Buzios field with Petrobras
Almirante Tamandare begins production at Buzios field with Petrobras Reuters Go to baird maritime
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Sources say Talos set to name Shell’s Goodfellow as next CEO
Sources say Talos set to name Shell’s Goodfellow as next CEO Reuters Go to baird maritime
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Brazil rules to merge offshore fields, raising taxes, says Petrobras
Brazil rules to merge offshore fields, raising taxes, says Petrobras Reuters Go to baird maritime
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In day one executive order, Trump repeals Biden’s efforts to block oil drilling
In day one executive order, Trump repeals Biden’s efforts to block oil drilling Reuters Go to baird maritime
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Azerbaijan suspends gas supply to Bulgaria following Shah Deniz platform technical issue
UPDATE 1-Bulgaria says Azerbaijan has suspended gas supply until Jan 11
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2024 saw growing production, mixed trends in offshore oil and gas says Clarksons Research
2024 saw growing production, mixed trends in offshore oil and gas says Clarksons Research Baird Maritime Go to baird maritime
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Drillship Saipem 100000 to begin work at Egypt’s Zohr gas field
UPDATE 1-Egypt and Eni say drilling ship to begin work at Zohr gas field
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Who’s Who: Maritime Movements for November/December 2024
Who’s Who: Maritime Movements for November/December 2024 Baird Maritime Go to baird maritime
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First gas from BP/Kosmos’ GTA project in Senegal/Mauritania
Senegal and Mauritania announce first gas from BP’s GTA project
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COLUMN | Farewell to 2024: Seadrill and jackups; Shell and the Nigerian Delta; Dyna-Mac, Petrofac, Edda Wind and BP Renewables [Offshore Accounts]
COLUMN | Farewell to 2024: Seadrill and jackups; Shell and the Nigerian Delta; Dyna-Mac, Petrofac, Edda Wind and BP Renewables [Offshore Accounts] Hieronymus Bosch Go to baird maritime
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Bourbon to provide logistics support for drilling campaign off Namibia
Bourbon to provide logistics support for drilling campaign off Namibia Baird Maritime Go to baird maritime
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Keppel secures control of legacy rigs to accelerate asset monetisation plans
Keppel secures control of legacy rigs to accelerate asset monetisation plans Baird Maritime Go to baird maritime
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COLUMN | Disappointments, delays and disputes: Mozambique riots as tuna fleet is auctioned after contested election and delayed LNG projects [Offshore Accounts]
COLUMN | Disappointments, delays and disputes: Mozambique riots as tuna fleet is auctioned after contested election and delayed LNG projects [Offshore Accounts] Hieronymus Bosch Go to baird maritime
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VESSEL REFIT | Recai Yi – Chinese oil testing jackup rebuilt for steam injection work
VESSEL REFIT | Recai Yi – Chinese oil testing jackup rebuilt for steam injection work Baird Maritime Go to baird maritime
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Chinese testing platform rebuilt as steam injection vessel for heavy oil extraction
Chinese testing platform rebuilt as steam injection vessel for heavy oil extraction Baird Maritime Go to baird maritime