Fossil Energy

UAE and China JV produces first oil from field offshore Abu Dhabi
Al Yasat, a joint venture between UAE’s ADNOC and China’s CNPC, has started first oil production from the Bu Haseer 2 offshore platform in Abu Dhabi.

Energean sets timeline for Zeus well spud off Israel
Energean plans to start drilling the Zeus exploration well, located offshore Israel, in March this year.

DOF secures new vessel deals across North America region
DOF Subsea has been awarded multiple contracts from undisclosed clients across the North America region.

Kosmos comes up dry in Oldfield well in Gulf of Mexico
Kosmos Energy has completed drilling the Oldfield exploration well located in the U.S. Gulf of Mexico, but failed to find hydrocarbons.

Hess raises 2020 budget to $3 billion, puts focus on Guyana and Bakken
Hess Corporation has decided to raise its yearly budget to $3 billion with plans to use more than 80% of it on high return investments in Guyana and the Bakken.

Aquaterra and Oceaneering join forces in decommissioning
Aquaterra Energy has signed a memorandum of understanding (MoU) with Oceaneering to offer complete decommissioning and late life solution packages to the North Sea oil and gas industry.

Neptune Energy to make use of digital technologies to find oil & gas faster
Neptune Energy has announced plans for a digital subsurface program with the aim of discovering hydrocarbons 70 percent faster.

Senegal launches offshore licensing round
The National Oil Company of Senegal, Petrosen, has officially launched the country’s first ever offshore licensing round at the MSGBC Basin Summit & Exhibition in Dakar, Senegal.

Halliburton lands three-year drilling deal on Ichthys
Giant oilfield services provider Halliburton has been awarded seven contracts for drilling and completion services for the next phase of field development of the Inpex-operated Ichthys project in the Browse Basin offshore northern Australia.

Grupo R’s newbuild jack-up rig reaches Mexico
Mexico’s energy services provider Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020. The Cantarell III jack-up rig was built by offshore rig builder Keppel in Singapore. Keppel completed

Rig arrives on site to drill Byron’s Gulf of Mexico well
The Enterprise Offshore Drilling 264 (EOD 264) drilling rig has arrived on location to drill the SM71 F4 well from Byron Energy’s SM71 F platform located in the U.S. Gulf of Mexico.

Fugro to carry out geotechnical survey over KrisEnergy’s Cambodia field
Fugro has been awarded a geotechnical contract for KrisEnergy’s Apsara oil field in Block A, offshore Cambodia, as part of the nation’s first hydrocarbon development.

OMV hires Solstad PSV for operations offshore New Zealand
Solstad Offshore has entered into a contract with OMV Taranaki for the provision of a platform supply vessel (PSV) for operations offshore New Zealand.

Baron Oil abandons SundaGas takeover due to ‘uncertainties’
UK-based and AIM-listed oil and gas company Baron Oil has decided to terminate a reverse takeover of Singapore-based private E&P company SundaGas.