Fossil Energy
Eni says UNESCO World Heritage sites a “No Go” for drilling
Italian offshore oil and gas exploration and production company has formally committed not to carry out oil and gas exploration and development activities within the boundaries of Natural Sites included in the UNESCO World Heritage List.
Emas Offshore placed under judicial management
The High Court of the Republic of Singapore has granted Emas Offshore’s request to be placed under judicial management.
Norway’s oil fund now worth NOK 10 trillion
The fund is twice as large as the government’s estimated future petroleum revenues
Husky’s West White Rose project half way there
Construction work on the concrete gravity structure and related topsides is progressing
Eni: Near field exploration bears fruit in Gulf of Suez as new discovery made
Italian oil giant Eni has discovered new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, offshore Egypt. This is the location where Petrobel, a JV between Eni and by the Egyptian General Petroleum Corporation (EGPC), drilled an appraisal well of the discovery of Sidri South
Eni’s 3Q output soars, but profit slumps
Italy’s Eni has reported a 66 percent drop in net profit, and a spike in production compared to the third quarter of 2018.
Higher production, divestments boost Petrobras’ 3Q result
Brazil’s Petrobras reported an increase in 3Q net income, largely reflecting the increase in oil and gas production and the capital gain from the sale of BR Distribuidora.
Conrad’s Tambak-2 DST hits snag due to ‘extreme’ formation damage
Oil and gas company Conrad Petroleum has hit a snag with the Drill Stem Testing at its Tambak-2 offshore well in Indonesia.
Serica’s North Sea field gets two-year OFAC clearance
The UK oil company Serica Energy has received assurances from the U.S. authorities that it can continue producing gas from the Rhum offshore field in the UK North Sea without fear of the U.S. sanctions.
CNOOC drills duster offshore UK
CNOOC Petroleum Europe Limited has drilled a dry well located West of Shetland. CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, confirmed to Offshore Energy Today on Thursday it had drilled and completed its Howick exploration well, 206/21-1, located West of Shetland. The
TechnipFMC profit tumbles ahead of separation
Oilfield services company TechnipFMC saw its third quarter 2019 profit drop despite increase in revenues due to charges and credits compared to the same period last year. According to TechnipFMC’s quarterly report published on Wednesday, the company’s revenue in the third quarter 2019 was $3.3 billi
McDermott bags another Greater Tortue Ahmeyim award
McDermott has been awarded a sizeable fabrication subcontract for the BP-operated Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.
DOF clinches Africa gigs for offshore vessel duo
Norway’s DOF Subsea has won contracts for two of its offshore vessels, the Skandi Seven and the Skandi Skansen.
Refinitiv: Johan Sverdrup crude game-changer for North Sea and global oil market
First oil cargo from the giant Johan Sverdrup field in the North Sea started loading onto tankers on Thursday following its arrival from the offshore field to the Mongstad plant north of Bergen earlier this week.