Fossil Energy
New chief financial officer named at Cluff Natural Resources
UK-based company Cluff Natural Resources (CLNR) has appointed a new chief financial officer (CFO) of the company.
Bourbon COO changes roles
COO of French vessel owner Bourbon Corporation has resigned from his role following the sale of the company’s assets to a group of creditor banks and transferred to the chairman role at Bourbon Maritime.
Independent evaluation of Zama resources exceeds Talos Energy’s previous range
Results from an independent, third-party contingent resource evaluation of the Talos Energy-operated Zama discovery off Mexico exceed the company’s previously guided resource range.
Apache cheers ‘significant oil discovery’ offshore Suriname
Apache has announced it has made a significant oil discovery at the Maka Central-1 well drilled offshore Suriname on Block 58.
Premier Oil’s largest creditor opposes plan to extend debt maturity, buy North Sea assets
Premier Oil’s largest creditor is opposing the oil company’s plan to extend its debt maturity and acquire UK North Sea assets from BP and Dana Petroleum, claiming the company’s high-risk strategy will only increase risk for stakeholders.
Seven activists arrested after rig protest in Scotland
Seven people have reportedly been arrested after taking part in a protest against the oil and gas industry by climbing on a Valaris-owned and Shell-chartered jack-up rig destined for the North Sea.
ADES secures contract renewal for jack-up rig
ADES International has secured a contract renewal for the Admarine 262 jack-up rig.
Shelf Drilling takes over and renames jack-up rig bought from Maersk
Danish drilling contractor Maersk Drilling and Shelf Drilling have closed a transaction related to the sale of the Maersk Completer jack-up rig.
Norway’s prime minister opening Equinor’s Johan Sverdrup field
Norway’s prime minister Erna Solberg will perform the official opening of the Johan Sverdrup field centre on Tuesday, and the Minister of Petroleum and Energy, Sylvi Listhaug, will also attend the opening.
New player joins Premier and Rockhopper in Sea Lion project
Rockhopper Exploration and Premier Oil have signed a detailed heads of terms with Navitas Petroleum to farm in for a 30 percent interest in the Sea Lion project located offshore the Falkland Islands.
Premier expands in UK North Sea through BP and Dana deals
Premier Oil has made agreements for acquisitions of the Andrew Area and Shearwater assets from BP for $625 million, and an additional 25 percent interest in the Premier-operated Tolmount Area from Dana for $191 million plus contingent payments of up to $55 million.
Fugro to pay $26.8 million after losing in arbitration case with Tasik
Dutch contractor Fugro has lost its arbitration with Singapore’s Tasik Toba Subsea related to an early termination of a six-year charter for the Southern Star vessel. As a result, Fugro has been ordered to pay $26.8 million to Tasik.
New boss to take the helm at Ocean Installer
Ocean Installer has appointed Odd Strømsnes as the company’s new chief executive officer.
Neptune Energy gears up for Grind
Norwegian offshore safety body has given its consent to Neptune Energy for exploration drilling in the Norwegian Sea using the West Phoenix rig.