Fossil Energy
E. Guinea, Vitol in Gas Megahub pact
The Gas Megahub will be able to connect to new gas discoveries, drive monetization of stranded gas
McDermott completes first two jackets for Qatar Petroleum’s North Field
Qatar Petroleum has announced the completed fabrication of the first two jackets required for offshore facilities as part of its North Field Expansion (NFE) Project aimed to further develop one of the world’s largest offshore gas fields.
Cairn to exit Norway following Norwegian unit disposal
Cairn Energy has entered into an agreement to dispose of the entire share capital of Capricorn Norge, the company’s wholly owned subsidiary in Norway.
AqualisBraemar and HOSE International in rig and well inspection pact
Engineering services company AqualisBraemar and HOSE International have signed a memorandum of understanding to jointly provide rig and well control inspection services to the offshore industry.
Unique Group to provide saturation dive system to COOEC vessel
Provider of integrated subsea and offshore solutions Unique Group has been awarded a multi-million-dollar contract by China Offshore Oil Engineering Co. (COOEC).
Irish government to provide certainty on offshore licenses in first-ever policy paper
Certainty on existing Irish offshore exploration licenses will be set out in the official Government policy paper on the sector, which is scheduled for December. The Irish Offshore Operators’ Association (IOOA) said last week that the timing of the first-ever Government policy paper on the explorati
Borr Drilling: Demand for jack-up rigs growing
The market for modern jack-up rigs has reached 90 percent utilization – for the first time in the cycle – and the demand for jack-up rigs is growing, offshore drilling company Borr Drilling has said.
Springfield completes Ghana drilling. Remains mum on size of discovery
Ghanaian oil and gas exploration company Springfield has said it has completed its maiden deepwater drilling campaign offshore Ghana which resulted in a recently announced significant oil discovery.
Samsung Heavy to pay $75M in drillship bribery case settlement
Samsung Heavy Industries paid millions of dollars to a Brazilian intermediary to secure a drillship sale contract
Cougar helicopter flying to Exxon platform forced to return to base after hydraulic pressure issues
Canadian offshore regulator C-NLOPB has reported that a Cougar helicopter has returned to base after being hit by a hydraulic pressure issue while on its way to ExxonMobil’s platform offshore Canada.
Equinor cleared to drill North Sea well duo
The Norwegian Petroleum Directorate (NPD) has given Equinor drilling permits for two wells in the North Sea.
Massive North Field to boost Qatar’s LNG output by 64 pct
The contribution from Qatar’s giant North Field in the Persian Gulf is expected to boost Qatar’s LNG production to 126 million tons per annum by 2027. This is a 64% increase from the current 77 mtpa, Qatar Petroleum said Monday.
Apply Sørco, Aker Solutions pen Vår Energi deals
Apply Sørco and Aker Solutions will provide modifications and maintenance support
Valaris secures $285 million in revenue backlog with new rig contracts
Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.