Fossil Energy
Shell to sell Egyptian onshore assets to focus on offshore
Shell has revealed plans to market its current onshore upstream assets in Egypt’s Western Desert to fully concentrate on growing its Egyptian offshore exploration and integrated gas business.
McDermott to get access to $1.7 billion of new financing
U.S. engineering firm McDermott has entered into an agreement with lenders under which the company would have access to up to $1.7 billion of additional financing, including a letter of credit capacity.
Equinor sends first Johan Sverdrup oil to Mongstad
Oil from the giant Johan Sverdrup field in the North Sea off Norway has arrived at the Mongstad plant north of Bergen.
ExxonMobil spuds Canadian well
Oil major ExxonMobil has started drilling operations on a well located offshore Newfoundland and Labrador, Canada.
Australia: Offshore worker seriously injured after drill line falls on rig deck
Offshore rig worker seriously injured after drill line falls on deck
Halliburton posts smaller profit and revenues
Oilfield service provider Halliburton saw a decrease in its third quarter 2019 profit and revenues when compared to its performance in the same period last year.
Transocean delays Jurong drillship delivery again
Offshore drilling contractor Transocean has delayed the delivery of one of the two ultra-deepwater drillships it has under construction at the Jurong shipyard in Singapore.
Nigeria: Otakikpo field partners ‘sanction’ phase two development
Lekoil and Green Energy International have sanctioned Phase Two of the development plan of the Otakikpo field offshore Nigeria, but they are still working to close the project financing.
Karoon teams up with Shell to trade and ship Baúna oil
Karoon Energy has signed a marketing agreement with Shell West to trade and ship crude oil production from the Baúna field located offshore Brazil.
Neptune shareholders approve sale to MMA Offshore
Shareholders of Australian offshore services provider Neptune Marine Services have approved the sale of key operating subsidiaries to offshore vessel owner MMA Offshore.
Jadestone hands in development plan for project offshore Vietnam
Jadestone Energy has submitted the field development plan for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Petrovietnam.
SeaBird Exploration names interim chief executive officer
Seismic player SeaBird Exploration appointed an interim chief executive officer (CEO) of the company on Sunday, October 20.
ConocoPhillips gets nod to drill North Sea well
The Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a well located in the North Sea offshore Norway.
U.S. weekly offshore rig count drops to 22
The number of offshore rigs in the U.S. dropped to 22 units last week, according to weekly rig count reports released on Friday by Baker Hughes Company.