Fossil Energy
Standard Drilling closes platform supplier sale
Norway-based offshore vessel owning company Standard Drilling has completed the sale of its platform supplier Standard Supporter.
Orinduik partners enter into next phase of exploration
Tullow Oil and its joint venture partners in the Orinduik Block located offshore Guyana have elected to enter the next exploration phase of the Orinduik Petroleum Agreement.
Archer wins four-year deal with Equinor in Brazil
Equinor has awarded Archer a new four-year contract for the provision of platform drilling management services on the Peregrino field located offshore Brazil.
Equinor brings online another North Sea field
Norwegian oil and gas company Equinor has started production from the Barnacle field located in the UK sector of the North Sea.
Tullow Oil shares tank as CEO and head of exploration exit
Shares in oil and gas company Tullow Oil tanked on Monday morning after the company announced the departure of its chief executive and exploration director as well as plans to reduce capital expenditures and suspend the dividend. Paul McDade, Tullow Chief Executive Officer, and Angus McCoss, Explora
ConocoPhillips set for Hasselbaink well in North Sea
The Norwegian Petroleum Directorate has granted ConocoPhillips a drilling permit for a well in the North Sea offshore Norway.
Safety nod for Equinor to use West Hercules rig in North Sea
Equinor has received consent from the Petroleum Safety Authority for exploration drilling in block 30/6 in the North Sea, using the West Hercules rig.
Norwegian King to open Equinor’s Johan Sverdrup field
On January 7, 2020, the Norwegian King Harald V will perform the official opening of the Equinor-operated Johan Sverdrup field center located offshore Norway.
Equinor drills dry appraisal well in North Sea
Equinor has concluded the drilling of an appraisal well on an oil and gas discovery near the Fram field in the North Sea offshore Norway, but came up dry.
OPEC and allies agree on deeper production cuts
Saudi Arabia together with other OPEC members and Russia have decided on deeper production cuts for the first quarter of next year as part of an attempt to prevent oversupply and support oil prices.
First steel cut for KrisEnergy’s Apsara wellhead platform
A ceremony to mark the cutting of first steel for the KrisEnergy’s minimum facilities wellhead platform for the Apsara oil field in Block A, offshore Cambodia, was held on Friday, December 6, 2019.
Shelf Drilling grabs another extension in Nigeria
Offshore drilling contractor Shelf Drilling has secured a one-year extension for the Trident XIV jack-up rig offshore Nigeria.
Two companies join forces to form new UAE-based oil & gas contractor
Ali & Sons Marine Engineering Factory (ASMEF), the UAE-based company catering to the marine and oil & gas industry, together with the Rosetti Marino Group, an Italian EPC contractor, have recently joined forces to form a new UAE-based company under the name of Rosetti-Ali & Sons. With both companies
U.S. weekly offshore rig count flat at 22
The number of offshore rigs in the U.S. remained unchanged for yet another week, according to Friday rig count reports by Baker Hughes.