Fossil Energy
Saipem’s 3Q revenue and profit rise
Italian energy services provider Saipem reported a rise in 2019 Q3 revenue and profit.
Equinor’s Peregrino C jacket sails to final destination in Brazil
The Peregrino C jacket, built by Heerema Fabrication Group for Equinor, has left a fabrication yard in the Netherlands and sailed away to Brazil.
Guyana: Orinduik partners in budget planning for 2020 drilling program
Following its recent two oil discoveries, Tullow Oil and its partners in the Orinduik block located offshore Guyana are reviewing multiple prospects on the block and working to approve the budget for the 2020 drilling campaign.
FAR’s offshore blocks in the Gambia could hold 1.2 billion barrels of oil
Australian oil company FAR has said its blocks in the Gambia might hold 1.2 billion barrels of oil.
Equinor swings to loss on lower prices and production
Norwegian oil and gas giant Equinor slipped to a loss in the third quarter of 2019 impacted by lower prices.
OMV completes appraisal of Iris discovery
OMV Norge is in the process of completing the drilling of appraisal well 6506/11-11 S on the 6506/11-10 (Iris) gas/condensate discovery in the Norwegian Sea.
Deep Down gets new orders for offshore equipment and services
Deep Down has received orders for custom offshore equipment and services exceeding $2 million from different customers, within one week.
Carlos Slim’s firm to build $317M offshore platforms for Pemex
Mexican industrial group Carso, owned by the billionaire Carlos Slim, has said it has been awarded a contract to build two offshore platforms for the Mexican oil company Pemex.
New UK North Sea oil firm buys Endeavour Energy UK
A new player buys an interest in the Alba, Bacchus, Bittern, and Enoch fields.
Total adds another year to Vantage jack-up deal
French oil company Total has exercised a one-year option on the existing contract for the Vantage Drilling-owned jack-up rig Emerald Driller in Qatar.
Merger on the cards between Keppel O&M and Sembcorp Marine?
Speculation is brewing in Singapore that a merger might be on the cards between the country’s offshore rig building giants Keppel Offshore & Marine and Sembcorp Marine.
Aker Solutions eyes renewable and low carbon growth
Aker Solutions aims to generate about half of its revenue from renewable or distinct low carbon solutions by 2030, according to the company’s 20/25/30 strategy.
UK: Buzzard field still offline after second shutdown this month
The CNOOC Petroleum Europe Limited-operated Buzzard field, located in the UK North Sea, remains shut in a week after its second shutdown this month.
VIDEO: Offshore gas platform helping with energy transition
Oil and gas exploration and production company Neptune Energy is helping the Dutch energy system transition to a lower-carbon future.