Fossil Energy
Ithaca preparing investment programs and budgets for 2020
Following completion of acquisition of Chevron’s North Sea business, Delek Group-owned Ithaca Energy is working on its operational and capital investment work programs and budgets for 2020.
Delek CEO to resign after over 30 years of service
The current CEO of Israel’s Delek Group has decided to retire from the company after serving in various functions at the company for more than 30 years.
Providence takes over Avalon operatorship as Total exits
Following an exit by French oil major Total, Providence Resources has taken over operatorship of the Frontier Exploration Licence (FEL) 2/19, which contains the Avalon prospect, located offshore Ireland.
Mubadala comes up dry at Manora
No significant hydrocarbon shows were encountered at Mubadala Petroleum’s first of three exploration wells at the G1/48 Manora oil field located in the Northern Gulf of Thailand.
Gulf Marine Services inks 15-month deal in Middle East
Offshore oilfield contractor Gulf Marine Services (GMS) has won a firm 15-month contract plus options for one of its E-Class (Large) vessels.
Subsea 7 firms up Julimar award as Woodside takes FID on project
Subsea 7 has confirmed a substantial contract award by Woodside for the execution of phase 2 of the Julimar-Brunello Project located offshore Australia.
Canada conducting environmental assessment for Jeanne D’Arc drilling project
The Impact Assessment Agency of Canada is conducting a federal environmental assessment for the Jeanne D’Arc Basin Exploration Drilling Project, proposed by Husky Energy and ExxonMobil.
U.S. weekly offshore rig count stuck at 22
The number of active offshore rigs in the U.S. remained unchanged at 22 units for the second week running, according to weekly rig count reports released on Wednesday by Baker Hughes.
Peterson enters partnership for development of Brazilian terminal
Itaoca Terminal Marítimo and energy logistics provider Peterson have announced a partnership and consulting agreement for the development of the Itaoca project.
Seadrill grabs multi-well contract for West Carina drillship
Offshore drilling company Seadrill has won a contract for its West Carina drillship with Thai PTTEP.
Wintershall Dea sees production growth, decides to spend less
German oil and gas company Wintershall Dea boosted its production during the third quarter of 2019 and increased guidance for the full year. The company has also decided to reduce capex for the full year by 100 million euros. DEA Deutsche Erdoel and Wintershall Holdings completed their merger agreem
Maersk Drilling gets more work for jack-up and drillship
Danish offshore drilling contractor Maersk Drilling has secured more work for a jack-up rig and a drillship offshore the UK and Africa, respectively.
Petronas’ second FLNG unit named in South Korea
Malaysia’s Petronas has named its second Floating LNG unit – the PFLNG DUA – at a ceremony held at Samsung Heavy Industries.
CSV Southern Ocean secures two new gigs offshore India
CSV Southern Ocean, which is jointly owned by Bourbon and Oceanteam, has been awarded two charters on offshore projects off the East Coast of India.