Tullow Oil outlines path to net-zero by 2030

UK-based oil and gas company Tullow Oil has committed to becoming a net-zero company by 2030 on its Scope 1 and 2 emissions through a combination of asset decarbonisation and carbon offsetting program. Announcing its commitment to become a net-zero company, Tullow has recently said it will achieve this through a combination of decarbonising its... Continue Reading →

Noble Corp. to combine with Pacific Drilling

Offshore drilling contractors Noble Corporation and Pacific Drilling have entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction. It is worth mentioning that both of these companies have recently emerged from Chapter 11 bankruptcy. Pacific Drilling completed its balance-sheet restructuring and emerged from the Chapter 11 process in... Continue Reading →

Sparrows scores hat-trick in Angola’s deepwater region

Engineering and maintenance services specialist Sparrows Group has secured one contract renewal and two extensions, worth a seven-figure sum, in Angola to support major operators in the deepwater region. According to Saprrows’ statement on Wednesday, the first award is a three-year renewal to continue with the planned and corrective maintenance of all lifting equipment used... Continue Reading →

Shearwater bags Total 4D survey off Angola

Offshore seismic player Shearwater GeoServices has secured a contract for a 4D monitor acquisition survey from Total E&P Angola. The survey comprises a two-month project on the GJDR development area of Block 17 commencing in Q1 2021. For the purpose of the project, Shearwater said it will utilise one of its multisensor equipped vessels; in... Continue Reading →

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