Fossil Energy
Santos’ organizational changes no threat to Australian jobs
Australian natural gas company Santos has decided to keep its corporate center in Adelaide and create centers of excellence for onshore operations in Brisbane and offshore operations in Perth.
Equinor contracts PSV Stril Pioner for eight more months
Norwegian shipowner Simon Møkster has been awarded a new contract by compatriot oil major Equinor for one of its platform supply vessels (PSVs).
U.S. weekly offshore rig count stuck at 23
The number of active offshore rigs in the U.S. remained unchanged at 23 units last week, according to weekly rig count reports released on Friday by Baker Hughes Company.
TGS promotes EVP Europe to CFO role
Norwegian seismic firm TGS has appointed a new chief financial officer (CFO) of the company.
Popular news, February 10 – 16, 2020
Offshore Energy Today’s most popular news of the past week.
Westwood: More offshore EPC spending in 2020, prices remain a focus
Significant cost reductions have improved E&P cashflows and should drive increased offshore tendering activity in 2020 with pricing expected to remain competitive, according to market research provider Westwood Global Energy Group.
KrisEnergy sheds asset offshore Vietnam for cash consideration
Singapore’s KrisEnergy has entered into a farm-out agreement with a “major international oil and gas company” for the transfer of its entire 100 percent working interest in the Block 115/09 production sharing contract offshore Vietnam for a nominal cash consideration.
Israel limits natural gas production at Leviathan due to pipeline fault
The Government of Israel has limited the natural gas production from its largest natural gas field – Leviathan – to about 60 percent of its production capacity due to a pipeline fault.
Valaris picks up bag of new contracts for rig fleet
Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and extensions with Eni, BP, Premier Oil, Kosmos, Walter Oil & Gas, and an undisclosed operator in Australia.
Woodside wins dispute with FAR over ConocoPhillips Senegal assets sale
Australian energy giant Woodside has received a decision in its favor from the International Court of Arbitration of the International Chamber of Commerce regarding a dispute related to ConocoPhillips’ sale of interest in acreage off Senegal to Woodside.
Ashtead competes work on Northern Lights CCS project in North Sea
Subsea equipment specialist Ashtead Technology has completed subsea installation monitoring work to support the Northern Lights Carbon Capture Storage project (CCS) in the North Sea.
HitecVision bundles 20 oil & gas firms to expand into other sectors
Norwegian investment firm HitecVision has decided to put together 20 of its oilfield service companies into a new industrial group.
i3 opens data room to entice farm-in partners for UK offshore assets
UK independent i3 Energy has opened its data room to potential partner companies looking to farm into the company’s UK North Sea assets.
ConocoPhillips extends Bristow contracts in North Sea
Bristow Group has been awarded extensions to two contracts with ConocoPhillips to support its air transportation crew change and shuttle/search and rescue (SAR) services for the Greater Ekofisk Area in the North Sea.