Fossil Energy
Otto Energy declines Byron’s proposal for Gulf of Mexico well drilling
Australia-based oil and gas company Otto Energy has decided that it will not be participating in the drilling of Byron Energy’s SM 71 F4 well in the Gulf of Mexico.
Tractebel developing wind-to-hydrogen offshore platform
Belgium engineering firm Tractebel, part of Engie, is developing a concept for an offshore platform that would convert power produced from offshore wind farms into hydrogen using electrolysis.
Aker BP granted consent for Valhall West Flank platform start-up
Aker BP has been given consent to start up the Valhall West Flank platform in the North Sea offshore Norway.
PGNiG gets nod to drill its second operated well in Norway
The Polish oil and gas company PGNiG has been granted a license to drill an appraisal well in the Norwegian Sea.
U.S. Department of Justice closes investigation of Eni
Eni has said it has received confirmation from the U.S. Department of Justice that the DOJ has closed its investigation of Eni with respect to the Nigerian offshore license OPL 245 and Algeria matters without taking any action.
Sovcomflot to return seismic vessel to Polarcus in November
Russia’s Sovcomflot will redeliver the Vyacheslav Tikhonov vessel to seismic player Polarcus in November 2019.
Valaris nets $245 million in revenue backlog with new rig gigs
Valaris, previously known as EnscoRowan, has secured new contracts and contract extensions with associated revenue backlog of approximately $245 million.
Bourbon confirms death of two more crew members after vessel sinking
Bourbon has reported the death of two other crew members of the Bourbon Rhode vessel who went missing following the sinking of the vessel in the Atlantic Ocean last weekend.
Wintershall Dea sheds infrastructure assets in Norway to focus on upstream
Wintershall Dea has agreed to sell its 5.0304% interest in the Nyhamna terminal to CapeOmega and its 13.255 % interest in the Polarled pipeline to Solveig Gas Norway.
Zennor wraps up Finlaggan subsea installation campaign
Zennor Petroleum has completed the 2019 Finlaggan subsea installation campaign in the UK North Sea and the project is on track for first production at the end of 2020.
PetroRio begins Phase 3 of Polvo’s revitalization plan
PetroRio has begun Phase 3 of its revitalization plan of the Polvo field located offshore Brazil with an aim to increase the field’s recovery rates and extend its life.
Rosneft strikes oil off Sakhalin Island
Russian oil firm Rosneft has made an oil discovery offshore the Sakhalin Island in Russia’s Far East.
Providence free to pursue other partners for Barryroe
Following months of delays and several extensions, Irish Providence Resources has not received any funds from APEC for the Barryroe license off Ireland and it has not agreed any further extension. APEC no longer has exclusivity over the license and Providence is free to pursue other partners.
FAR takes further interest in Gambian blocks, resets exploration periods
FAR Limited has obtained an additional interest in its two operated Gambian blocks and signed new licenses for the blocks thereby resetting the exploration periods.