Fossil Energy
Eni extends Sapphire Driller offshore rig contract
Offshore drilling company Vantage Drilling has scored more rig work with the Italian oil company Eni.
Noble in talks to buy Shell’s interest in Bully joint ventures
Offshore drilling contractor Noble Corporation is in discussions with Shell to receive payout of the Noble Bully II contract and to acquire Shell’s interest in the Bully joint ventures.
Kvaerner welcomes Hywind Tampen award as strategic breakthrough
Kvaerner has been awarded one of the key contracts for Equinor’s Hywind Tampen floating offshore wind project, which will power oil and gas platforms in the North Sea.
Serica Energy charters Maersk jack-up for Columbus drilling
Maersk Drilling has entered into a contract with Serica Energy to drill a subsea development well in the North Sea
Repsol 3Q profit falls. Oil production rises
Spanish oil company Repsol reported a drop in 3Q 2019 profit. Net profit for the quarter was 333 million euros, a 46,7% drop from 625 million euros in 3Q 2018. Adjusted net income in the third quarter was €522 million, 11% lower year-on-year.
Shell 3Q CCS earnings dip 15%
Oil and gas giant Shell reported a 15 percent drop in the current cost of supply earnings (CCS) in the third quarter of 2019.
Global E&C selected as construction contractor for EnQuest’s UK assets
EPC contractor Global E&C has been awarded a contract as the default construction contractor for several EnQuest’s UK offshore assets.
Equinor awards key contracts for wind project to power oil and gas platforms
Equinor has signed contracts totalling around NOK 3.3 billion for the Hywind Tampen floating offshore wind farm development. The project will supply electrical power to the nearby oil and gas platforms Gullfaks A, B, C and Snorre A and B.
PGNiG completes Duva field entry
PGNiG Upstream Norway, a Norwegian subsidiary of the Polish state-owned oil company PGNiG, has completed the acquisition of a 20 percent stake in the Duva field from Wellesley Petroleum.
Lekoil pays extension fee for license offshore Nigeria
Nigerian oil company Lekoil has paid the $7.5 million license extension fee for OPL 310 as mandated by the Federal Government of Nigeria and the Ministry of Petroleum Resources.
Solstad platform supplier to support Wintershall Dea in Norway
German oil and gas giant Wintershall Dea has awarded a medium-term contract to Solstad Offshore for support of its operations in Norway.
Nord Stream 2 gas pipeline finally gets construction permit from Denmark
Following a number of delays, Danish authorities have granted a construction permit for the Nord Stream 2 offshore gas pipeline in the Baltic Sea.
Orders lift Baker Hughes profit in third quarter
Oilfield services provider Baker Hughes reported a rise in its third quarter 2019 profit as its orders grew by 35 percent when compared to the same period last year.
Shell buys Total’s offshore block for $300 million
French oil giant Total has decided to sell its interest in a block located offshore Brunei to Shell for $300 million.