Fossil Energy
Lundin needs to improve materials handling on Edvard Grieg, offshore watchdog says
Norwegian offshore safety watchdog has found irregularities during an audit of Lundin’s Edvard Grieg platform located in the North Sea offshore Norway.
Grupo R gets Hokchi drilling contract off Mexico
Mexico’s energy services provider Grupo R has signed an offshore drilling and logistics contract with compatriot Hokchi Energy.
PTTEP books higher profit helped by acquisitions
PTTEP boosted its 2019 profit on the back of higher sales volumes lifted by acquisitions and increased stake in the Bongkot offshore field.
Serica’s Bruce, Keith, and Rhum fields in two-month shutdown
Serica Energy has halted production on its Bruce, Keith, and Rhum fields due to issues on the Bruce platform in the UK North Sea.
Shell profit nearly halved on weaker oil and gas prices
Oil major Shell nearly halved its profit in the last quarter of 2019 compared to the prior-year period due to lower oil and gas prices.
Brazil: Bacalhau FEED deal goes to Subsea Integration Alliance
Subsea Integration Alliance, a partnership between Subsea 7 and Schlumberger’s OneSubsea, has won an exclusive contract for a front-end engineering design (FEED) study on Equinor’s Bacalhau project, offshore Brazil.
UK: Blocking Prosafe-Floatel merger ‘the only way to mitigate competition concerns’
Competition authorities in the UK have found that blocking a merger between offshore accommodation specialists Prosafe and Floatel may be the only way to mitigate competition concerns.
Equinor hands out contracts for Brazilian pre-salt project
Norway’s Equinor has entered into Front End Engineering and Design contracts with early commitments and pre-investments for phase 1 of the Bacalhau (formerly Carcará) area in Brazil.
Bahamas Petroleum lines up offshore well for April
London-listed oil company Bahamas Petroleum Company (BPC) expects to drill its initial exploration well in The Bahamas in April 2020.
Wintershall Dea explores options for introducing new helicopter type in Norway
Wintershall Dea and Bell have signed a non-binding collaboration agreement looking into the possibility of introducing a new helicopter on the Norwegian Continental Shelf.
Awilco eyes new gig for WilPhoenix rig
Awilco Drilling has signed a letter of intent with an undisclosed operator for the provision of WilPhoenix in support of a three well plug & abandonment program.
TechnipFMC charters Skandi Vitoria pipelay vessel
Oilfield services provider TechnipFMC has chartered the Brazilian-built pipe-lay support vessel (PLSV), Skandi Vitoria.
Hess to bring online Gulf of Mexico oil find
Hess is set to bring online an oil discovery in the Gulf of Mexico as a tieback to its Tubular Bells production platform next month.
Hess sinks deeper into the red despite higher output
Hess Corporation sank deeper into the red in the last quarter of 2019 despite higher production levels when compared to the prior-year quarter.