Fossil Energy
Head Energy to hook up two wells on Wintershall Dea’s Brage platform
German oil and gas company Wintershall Dea has awarded a contract for two well hook-ups at the Brage platform offshore Norway to engineering and consulting company Head Energy.
Zenith Energy renegotiates Tilapia oilfield acquisition terms
Zenith Energy has entered into a conditional deed of variation to amend the terms of the acquisition of an 80 percent interest in AAOG’s subsidiary which is the operator of the Tilapia oilfield in the Republic of the Congo.
Noble rig first to arrive at Nigg Oil Terminal jetty
Global Energy Group has welcomed the first jack-up rig to berth at the Nigg Terminal jetty where it would be in lay up while it waits for its next contract.
ConocoPhillips to use ‘Island Constructor’ for Greater Ekofisk work
Oil major ConocoPhillips has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for the use of the Island Constructor vessel for well intervention activities in the Greater Ekofisk Area.
Asco takes control of radioactive waste disposal firm
UK oilfield services provider Asco has acquired NORM Solutions, a provider of specialist cleaning, treatment, and disposal services for oilfield equipment contaminated with naturally occurring radioactive materials (NORM).
Prosafe to claim full contract value after EnQuest cancels rig mobilization
Following EnQuest’s cancellation of mobilization of the Prosafe-owned Safe Zephyrus accommodation rig in the North Sea, Prosafe has said it will claim the full value of the contract.
Chevron orders umbilicals for Gulf of Mexico projects from Aker Solutions
Aker Solutions has entered into a master agreement to provide umbilicals for the Chevron-operated oil and gas fields in the US Gulf of Mexico.
Total to slash over $2.5 billion from E&P business as oil crisis bites
In an effort to alleviate the concequences of the recent oil price plunge, French oil major Total has revealed its plan to reduce the capex for 2020 by more than $3 billion and save about $800 million in operating costs compared to 2019.
GALLERY: World’s largest crane vessel arrives home
The world’s largest semi-submersible crane vessel, the Heerema Marine Contractors-owned Sleipnir, arrived at the Port of Rotterdam on Sunday, March 22.
Another early termination for Shelf Drilling’s jack-up rig
Shelf Drilling has received an early contract termination for a jack-up rig operating offshore Nigeria.
Coronavirus crisis forces Aker BP to delay projects and exploration wells
Aker BP is putting on hold all non-sanctioned field development projects, postponing exploration wells and reducing production costs in order to reduce spending in response to uncertainty caused by the coronavirus crisis.
Shell moves to cut costs due to coronavirus outbreak
In response to the current market environment, oil major Shell has decided to reduce its operating costs by up to $4 billion in 2020 and to cut its capital expenditure from $25 billion to $20 billion.
Seacor Marine takes full ownership in liftboat business
Seacor Marine has acquired the remaining 28% of the equity interests in Falcon Global Holdings that it did not already own from Montco Offshore, resulting in 100% ownership of FGH by the company.
Byron hits pay in Gulf of Mexico well. Further operations on hold due to coronavirus
Oil and gas company Byron Energy has hit oil and gas pay in the F5 well in the Gulf of Mexico but decided to suspend further activities due to the coronavirus outbreak.