Fossil Energy
West Mira first ever rig to receive DNV GL Battery notation
Northern Drilling’s West Mira has become the first rig in operation to be awarded the DNV GL Battery Power class notation.
Leviathan field set for first gas in December
Israel’s giant Leviathan gas field is set to start producing gas in December 2019, as the construction works on the offshore project are nearing completion.
Oil majors’ West of Shetland assets to overtake North Sea as major producing basin in UK
Over the last four years oil and gas production in the West of Shetlands has risen and with that, a growing relevance for the biggest players still active in the UK continental shelf, says GlobalData.
BP starts drilling at Puma West well near Mad Dog field in Gulf of Mexico
Oil major BP has started drilling at the Puma West prospect the Green Canyon Block of the U.S. Gulf of Mexico.
Cyprus OKs Aphrodite development plan. Grants exploitation license
First gas is expected to start flowing in 2025.
Worldwide offshore rig count in October up 37 rigs year-over-year
The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units year-over-year, according to reports by Baker Hughes Company.
Saipem grabs contract award for Alen pipeline offshore E. Guinea
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has approved a contract award to Italy’s Saipem from Noble Energy for a pipeline installation for Noble’s fields.
DOF Subsea scores several contracts in Trinidad, Gulf of Mexico
Norwegian subsea service business DOF Subsea has won multiple contract awards from undisclosed clients in Trinidad and the U.S. Gulf of Mexico.
Pandion exits Duva field, PGNiG ups stake
Pandion Energy has agreed to divest its 20% share in the Duva field through two transactions, one with PGNiG Upstream Norway and one with Solveig Gas Norway, each acquiring a 10% share in PL 636 and PL 636B.
Vantage revenues fall as deepwater rig utilization drops
Vantage Drilling recorded a decrease in quarterly revenues as its deepwater rig utilization dropped in the third quarter of 2019.
Talos to have formal Zama resource report by year-end
U.S. oil company Talos will have a formal resource report on its large Zama oil discovery offshore Mexico by the end of the year.
MMA cheers Neptune takeover as key step in subsea expansion strategy
Australian offshore support vessel company MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries.
Maersk plans low-emission upgrade for jack-up rig ahead of Aker BP extension
Maersk Drilling has secured a contract extension offshore Norway from Aker BP for the ultra-harsh environment jack-up rig Maersk Integrator.
Brazil’s offshore bidding round ‘a disaster’
Brazil’s offshore oil and gas auction that had been described as the largest ever came short of expectations. The round has even been described as a disaster, as only Petrobras and two Chinese companies submitted their bids on Wednesday, with other oil majors passing up on the opportunity. The natio