Fossil Energy
New executive VP and head of operations to join Talos Energy
Talos Energy has appointment of Robert Abendschein as Executive Vice President and Head of Operations, succeeding Stephen E. Heitzman, Executive Vice President and Chief Operating Officer.
Chrysaor submits decommissioning plan for Caister offshore platform
Chrysaor has submitted a plan for decommissioning of the Caister CM offshore platform in the UK North Sea to the UK authorities.
Baker Hughes sees 49 pct jump in adjusted profit
Baker Hughes saw its fourth quarter 2019 net income drop 63 percent when compared to the same period in 2018 while its revenues saw a small increase of 1 percent.
Equinor faces legal challenge over Great Australian Bight drilling plans
Norwegian oil and gas company Equinor is facing a legal challenge over its offshore drilling plans in the Great Australian Bight following a legal action by an organization looking to protect wilderness areas.
Dana awards Triton job to Ocean Installer
Dana Petroleum has awarded Ocean Installer a contract for work at the Triton Area Development, located in the Central North Sea around 190 km east of Aberdeen.
New deals for DOF Subsea’s Skandi Singapore vessel
Norwegian subsea service business DOF Subsea has won several contract awards in the Asia-Pacific (APAC) region.
Glencore to market Sangomar crude oil for FAR
FAR Limited has signed a binding Memorandum of Understanding with Glencore for the full allocation of the company’s share of crude oil from the Sangomar field, located offshore Senegal.
Vaalco restores production at two Etame wells
Houston-based Vaalco Energy has restored production at two Etame wells, located offshore Gabon, following workover operations.
Pemex orders more seismic acquisition work from EMGS
The Norwegian offshore survey company EMGS is nearing the completion of all acquisition work ordered by Mexican oil company Pemex in mid-2019.
Premier farms into Mubadala’s Indonesian blocks
Mubadala Petroleum has completed the farmout of a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts to Premier Oil.
Lekoil agrees financial obligations delay for Ogo with Optimum
Lekoil has reached an agreement with Optimum Petroleum, the operator of the OPL 310 license which includes the Ogo discovery, on deferring the company’s financial and operational obligations due during February 2020.
McDermott files for Chapter 11 bankruptcy to eliminate $4.6 billion of debt
McDermott’s restructuring transaction will be implemented through a prepackaged Chapter 11 process that will be financed by a debtor-in-possession financing facility of $2.81 billion.
Halliburton swings to $1.7 billion loss in 4Q
Halliburton sank to a $1.7 billion loss in the last quarter of 2019 as its revenues dropped compared to the same period of 2018.
Offshore wind firm decommissions two Perenco’s gas platforms
Transport and installation services provider for the offshore wind industry Fred. Olsen Windcarrier has completed the offshore work related to decommissioning of two gas platforms for Perenco UK Limited.