Fossil Energy
Equinor strikes oil near Gudrun field in North Sea
Equinor has made an oil discovery near the Gudrun field following the conclusion of the drilling of wildcat wells 15/3-12 S and 15/3-12 A in the central part of the North Sea.
Petrobras launches sale of two Santos Basin fields
Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of all its equity interest in Merluza and Lagosta fields, located in the shallow waters of Santos Basin off Brazil.
U.S. weekly offshore rig count unchanged
The number of offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes Company. Baker Hughes Rig Count: U.S. -1 to 790 rigs U.S. Rig Count is down 1 rig from last week to 790, with oil rigs down 1 to 678, gas rigs unchanged at […]
Xodus anticipates unprecedented decline in oil and coal, rise of gas
International energy consultancy Xodus Group has launched a new analysis showing that a rapid pivot to gas would be required to deal with rising global energy demand.
Popular news, February 24 – March 1, 2020
Offshore Energy Today’s most popular news of the past week.
Eni swings to loss despite ‘record production’
Italian oil and gas company Eni booked a loss in the fourth quarter of 2019 compared to a profit in the same period of 2018 despite record production driven by project ramp-ups and start-ups. According to its quarterly report on Friday, Eni’s adjusted operating profit was €1.8 billion in the fourth
Vroon gets BP extension for ERRV quartet
Dutch provider of offshore support vessels Vroon Offshore Services has been awarded a three-year contract extension with oil major BP.
Azinam to double exploration footprint offshore South Africa
Azinam has made an agreement with OK Energy that will lead to Azinam doubling its exploration footprint offshore South Africa.
Growth in shallow-water drilling set to continue in 2020, Borr Drilling says
Borr Drilling believes that the growth in the shallow-water drilling is set to continue in 2020. The average length of a jack-up contract has increased, supported by strong tendering activity, where Borr sees a demand for more than 40 modern jack-up rigs in various tenders across the world.
IOG still in talks with CalEnergy over two North Sea licenses entry
An option held by CalEnergy Resources (CER) to acquire interest in two Southern North Sea licenses owned by Independent Oil and Gas (IOG) has now expired, but the two companies are still in talks over CER’s potential entry. IOG confirmed on Friday that the option held by its Core Project partner, Ca
Oilfield services giant Schlumberger to abandon London listing
Oilfield services company Schlumberger has revealed its plans to delist from the London Stock Exchange (LSE) due to low trading volumes and high administrative costs.
Woodside’s Gemtree offshore drilling plan open for comment
The Australian offshore safety regulator NOPSEMA has invited public comments for Woodside’s proposed Gemtree-A well drilling program.
GulfSlope files for permit to drill Gulf of Mexico prospect
GulfSlope Energy has filed an application for permit to drill and submitted the exploration plan (EP) for the drilling of the Tau prospect on the outer continental shelf of the U.S. Gulf of Mexico.
Energean to take over Total’s block offshore Greece
Energean Oil and Gas has signed an agreement for the acquisition of Total’s stake in Block 2, offshore Western Greece.