Fossil Energy
Maersk Drilling joins forces with Halliburton and Petrofac for Seapulse drilling program
Maersk Drilling has signed agreements with Halliburton and Petrofac to collaborate on the exploration program to be delivered under Maersk Drilling’s master alliance agreement with Seapulse.
Chevron to take up to $11 billion writedown in fourth quarter
Chevron has announced that its organic capital and exploratory spending program for 2020 will be $20 billion, the same as this year. Chevron has also decided to reduce spending on gas-related projects. The company expects to take up to $11 billion charge in 4Q 2019.
Noble rig getting ready to drill in North Sea for RockRose
Rockrose Energy has informed that the Noble Houston Colbert jack-up drilling rig is preparing to drill the first of two planned infill development wells on West Brae in the Uk North Sea.
Talos spends $640 million on portfolio of Gulf of Mexico assets
Talos Energy has entered into a series of definitive agreements to acquire a broad portfolio of U.S. Gulf of Mexico producing assets, exploration prospects and acreage from affiliates of ILX Holdings, Castex Energy, and Venari Resources for $640 million.
DOF Subsea lands two-month contract in Africa
DOF Subsea has entered into a two-month long contract with an international energy client in Africa.
Vår Energi doubles Norwegian output after buying ExxonMobil’s business
Oil and gas company Vår Energi has completed the acquisition of ExxonMobil’s upstream business in Norway and doubled its production in the country.
Aker Energy chief executive resigns
Aker Energy has named Svein Jakob Liknes, most recently Aker Energy’s Head of Operations, to acting Chief Executive Officer following the decision by Jan Arve Haugan to resign.
Aker BP boasts new well stimulation method offshore
Aker BP has executed the first successful “Single-Trip Multi-Frac” campaign on the Valhall field located offshore Norway. This specific method of well stimulation has never been done offshore before, according to Aker BP.
SBM adds more time to CSV Normand Installer charter
Dutch FPSO operator SBM Offshore has extended the charter for the construction support vessel (CSV) Normand Installer. The vessel is jointly owned by SBM and Solstad Offshore and has been on a contract to SBM since 2006. Solstad said on Tuesday that the contract had been extended from an original 10
JDC secures additional work for Hakuryu-11 rig in Vietnam
Japan Drilling Company has secured additional work for its Hakuryu-11 jack-up, which will see the rig employed offshore Vietnam.
Schlumberger CFO to step down
Schlumberger has informed that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position effective January 22, 2020.
BW wraps up first production well at Tortue field, spuds second
BW Energy has completed the first of the phase 2 Tortue development wells located in the Dussafu Marin permit offshore Gabon.
Gas plant upgrade causes further delays for Cooper’s Sole field
Cooper Energy still has not been able to sell gas from its Sole field development located offshore Australia due to delays in the completion of upgrades on the Orbost gas plant in Victoria.
BP picks Aker Solutions for Cypre project support
Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.