Fossil Energy
Popular news, December 9 – 15, 2019
Offshore Energy Today’s most popular news from the past week.
DNO makes minor oil and gas discovery off Norway
DNO is in the process of concluding the drilling of a wildcat well near the Heidrun field in the Norwegian Sea after finding a minor oil and gas discovery.
Hurricane to focus on Lancaster and Lincoln wells
Hurricane Energy has been granted an extension for a UK license which contains the Lancaster and Lincoln areas. The extension comes with a commitment to drill a well on each of the areas.
Spirit to take over North Sea discovery after ‘encouraging’ results
UK-based Spirit Energy will become the operator of a new Southern North Sea discovery after an encouraging exploration campaign.
Noble jack-up selected for Trinidad job
Offshore drilling contractor Noble Corporation has been awarded a contract for its jack-up rig Noble Regina Allen for operations offshore Trinidad. In its latest fleet status report, published on Thursday, Noble said that the 2013-built jack-up Noble Regina Allen had been awarded a contract by BHP,
Shell agrees $10 billion loan in ‘innovative deal’ with 25 banks
Oil major Shell has signed a $10 billion revolving credit facility, which replaces Shell’s existing $8.84 billion revolving credit facility and is provided by a syndicate of 25 banks.
Keppel delivers another jack-up rig to Mexican operator
Offshore rig builder Keppel Offshore & Marine (Keppel O&M) has delivered the KFELS B Class jack-up rig, Cantarell III, to Grupo R.
W&T buys Magnolia field from ConocoPhillips for $20 million
W&T Offshore has bought ConocoPhillips’ stake in the Magnolia field located in the central region of the deepwater Gulf of Mexico, offshore Louisiana.
OneSubsea to supply subsea production system for Chevron’s Anchor
Schlumberger’s OneSubsea has been awarded a contract by Chevron for the supply of an integrated subsea production and multiphase boosting system for the Anchor field in the U.S. Gulf of Mexico.
Mubadala wraps up Thai drilling campaign with another duster
Mubadala Petroleum has completed its exploration drilling campaign at the G1/48 Manora oil field located in the Northern Gulf of Thailand with disappointing results.
Transocean lands one-year gig offshore Trinidad
Transocean has been awarded a one-year contract off the coast of Trinidad and Tobago.
OMV hires Island Innovator rig for Norwegian operations
Offshore drilling contractor Island Drilling has been awarded a contract with OMV in Norway.
Chevron takes FID to develop Anchor oil field in Gulf of Mexico
Oil major Chevron has sanctioned the Anchor project located in the U.S. Gulf of Mexico.
FAR raising funds for Sangomar project off Senegal
FAR Limited is raising funds for its share of the development capex for the Woodside-operated Sangomar oil field development located offshore Senegal.