Fossil Energy
McDermott hands over Abkatun-A2 production platform to Pemex
U.S. offshore installation and construction firm McDermott has substantially completed Pemex’s Abkatun-A2 Platform in Mexico’s Bay of Campeche.
PetroNor wins Congo-related court case
Oslo-listed oil company PetroNor has won a court case in relation to a dispute regarding its assets in Congo.
Diamond Offshore sinks deeper into the red
Diamond Offshore nearly doubled its losses as its revenues dropped in the third quarter of 2019 when compared to the same period in 2018.
Valaris secures batch of new contracts for rig fleet
Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier Oil, SapuraOMV, and Saudi Aramco.
Kvaerner’s 3Q order intake, profit grow
Norwegian offshore engineering and construction company Kvaerner has reported an increase in order intake, revenues, and profit in the third quarter of 2019.
Cairn comes up dry in first operated well offshore Mexico
Oil and gas company Cairn Energy has completed the first well in its drilling program offshore Mexico, but failed to prove hydrocarbons. Cairn expects to start drilling its second well off Mexico in November. In an update on Monday, Cairn said that the exploration target of the Alom-1 well on Block
Norway rejects Prosafe-Floatel merger
The Norwegian competition authorities have rejected the proposed merger between offshore accommodation companies Prosafe and Flotel.
BP hits ‘major gas discovery’ in BirAllah area offshore Mauritania
BP has made a major gas discovery with the Orca-1 exploration well, which is located offshore Mauritania in the BirAllah area.
PSV Energy Swan to stay further eight months with Wintershall
Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has secured a contract extension for its Energy Swan platform supplier with Wintershall Norge.
Premier Oil renews logistics services contract with Peterson
Premier Oil has renewed a long-term contract worth over £20 million with International energy logistics provider Peterson.
U.S. weekly offshore rig count slips to 21
The number of offshore rigs in the U.S. slipped to 21 units last week, according to weekly rig count reports released on Friday by Baker Hughes Company.
Popular news, October 21 – 27, 2019
Offshore Energy Today’s most popular news from the past week.
Report: Kerogen Capital looking to sell Zennor Petroleum
Independent private-equity company Kerogen Capital is reportedly seeking offers to sell its majority ownership in oil and gas company Zennor Petroleum.
Viking Supply Ships to buy newbuild PSV duo
Swedish offshore vessel owner Viking Supply Ships has entered into a contract to purchase two vessels currently under construction.