Fossil Energy
Transocean cancels order for Ocean Rig drillship duo
Offshore drilling contractor Transocean has canceled the orders with Samsung Heavy Industries for two Ocean Rig drillships under construction
Hurricane spuds third and final Greater Warwick well
Hurricane Energy has started drilling the third and final well in its Greater Warwick Area campaign located in the West of Shetland area off the UK.
Equinor to assess hydrocarbon potential of areas in Kazakhstan
KazMunayGas, Kazakhstan’s state-owned oil and gas company, and Norwegian oil and gas giant Equinor have signed a joint study agreement to assess the hydrocarbon potential of oil and gas areas in Kazakhstan. On September 24, 2019, Alik Aidarbayev, Chairman of the Management Board at JSC NC KazMunayGa
API’s integrity management standards mean increased safety and reliability as offshore production is poised to grow
API is continuing to lead the way on safety
Plexus wellhead equipment deployed for Russian operator
Plexus Holdings’ Russian licensee Gusar has installed the first wellhead for Gazprom as part of the previously announced contract to supply POS-GRIP rental wellhead gas exploration equipment to Gazprom.
OEEC 2019: MEA seeks innovative partners on exhibition floor
The Marine Energy Alliance (MEA) and its partners will be present during Offshore Energy 2019 at the Marine Energy Pavilion on the exhibition floor.
Delek gets $250M offer for Ithaca shares and O&G marketing rights
Israeli oil and gas company Delek has received an offer from an unnamed investor for a potential investment of up to $250 million into its North Sea focused subsidiary Ithaca Energy.
Eni gets nod for Ehecatl well offshore Mexico
Italian oil company Eni has received an approval to drill an exploration well in the shallow waters offshore Mexico.
IOG raises nearly $110 million from bond issue, releases Maersk rig
Independent Oil and Gas (IOG) has confirmed that a settlement of its EUR 100 million ($109.7M) five-year senior secured bond took place on September 20.
NOPSEMA needs more time to assess Equinor’s Bight drilling plan
Australia’s offshore regulator NOPSEMA has extended its decision time-frame needed to assess Equinor’s environment plan for proposed exploration drilling in the Great Australian Bight, offshore Australia.
OGCI launches large-scale carbon capture initiative
The Oil and Gas Climate Initiative (OGCI), an initiative to tackle climate change and backed by 13 oil companies, has launched a new initiative to unlock large-scale investment in carbon capture, use and storage (CCUS).
SOCAR evacuates 500 offshore workers due to bad weather
Azerbaijan’s national oil company SOCAR has evacuated 500 offshore workers in the Caspian Sea citing severe weather conditions.
BP confirms ‘world-scale gas resource’ offshore Senegal
Oil major BP has confirmed a ‘world-scale gas resource’ offshore Senegal after drilling the Yakaar-2 appraisal well, using the Valaris DS-12 drillship.
U.S. weekly offshore rig count slips to 25
The number of offshore rigs in the U.S. dropped for a second week in a row, according to weekly rig count reports published on Friday by Baker Hughes.