Fossil Energy
Popular news, October 14 – 20, 2019
Offshore Energy Today’s most popular news from the past week.
Ineos reopens Forties pipeline after lightning strike shutdown
Ineos has reopened the Forties Pipeline System, which carries the North Sea oil and gas to shore, following a shutdown caused by a loss of power at Cruden Bay.
South Korea’s POSCO hires Maersk drillship for Myanmar drilling
Danish offshore drilling company Maersk Drilling has secured a three-well drillship contract offshore Myanmar with the Korean oil company POSCO International Corporation.
Buzzard field shut down again due to pipework defect
CNOOC Petroleum Europe Limited has shut down its Buzzard field, located in the UK sector of the North Sea, for the second time in two weeks due to pipework defect.
Schlumberger books huge loss due to impairment charges
Oilfield services provider Schlumberger slumped to a huge loss in the third quarter of 2019 hit by impairment charges amid difficult market conditions.
Long-serving Mexico oil union boss resigns amid corruption probe
Carlos Romero Deschamps, the head of Mexico’s oil worker’s union, has resigned after almost three decades in position, amid corruption accusations.
Three new rig deals add $75 million to Transocean’s backlog
Offshore drilling contractor Transocean has secured three new drilling contracts, adding around $75 million to its backlog.
Noble secures more work for two offshore rigs
Offshore drilling contractor Noble Corporation has secured a contract extension for a drillship in South America and another one for a jack-up rig offshore the UK.
Vaalco encounters oil in Gabon appraisal well
Houston-based Vaalco Energy has encountered oil sands in its Etame appraisal well located offshore Gabon.
TechnipFMC scoops Pyxis job from Woodside
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.
DOF anchor handler stays with Equinor for another six months
Norwegian shipping company DOF has been awarded a contract extension by oil major Equinor for the anchor handling tug supply (AHTS) vessel Skandi Vega.
Baker Hughes sheds name appendix after GE separation
Baker Hughes, a GE company, has announced its name change to Baker Hughes Company.
BHP strikes oil in Trinidad and Mexico
Australia’s BHP has drilled two additional exploration wells as part of a deepwater drilling campaign offshore Trinidad and Tobago.
Keppel O&M: Majority of orders in 2019 from gas and renewables
The company has so far this year secured one offshore drilling rig order