Fossil Energy
Deepwater can compete with shale, Woodmac says after PowerNap FID
PowerNap’s breakeven estimated in the low US$30’s per barrel
JAPEX to consider further exploration in Hidaka area
Japan Petroleum Exploration (JAPEX) has completed the exploratory drilling at offshore Hidaka area of Hokkaido, Japan, using the Ensco 8504 drilling rig.
GulfSlope gets three-year extension for Tau block
The U.S. Bureau of Ocean and Energy Management has agreed to grant GulfSlope a three-year extension of the term of its lease number OCS-G-35244 for Ship Shoal block 336, on its Tau Prospect in the Gulf of Mexico.
Saipem joins JV for construction of three trains for Arctic LNG 2 project
Italian oilfield services contractor Saipem has joined the JV for the realization of the Arctic LNG 2 project with a share worth approximately €2.2 billion ($2.4B).
Diamond Offshore launches monitoring and data analytics solution
Houston-based offshore driller Diamond Offshore has launched a new real-time monitoring, data visualization, and advanced analytics solution.
Stork to continue providing services on Centrica’s UK assets
Stork has been awarded a contract extension by Centrica Storage to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.
RigNet to provide analytics solution to Transocean rigs
RigNet, a global provider of communications solutions for the offshore oil and gas industry, has signed two multi-year agreements with offshore drilling contractor Transocean.
Siem Offshore’s former drillship picks up five-year extension
Overseas Drilling Limited (ODL), a wholly-owned subsidiary of offshore vessel supplier Siem Offshore, and Texas A&M Research Foundation have agreed a charter extension for the JOIDES Resolution scientific research vessel.
Worley scores Mad Dog 2 hook-up & commissioning deal with BP
Worley has been awarded a contract by oil major BP for hook-up and commissioning integration services for the Mad Dog 2 project and the Argos platform in the Gulf of Mexico.
UK’s OGA offers two blocks around Rhum field in North Sea
UK’s offshore regulator has launched a restricted ‘Out of Round’ offer of two blocks 3/24c & 3/29c, around the Northern North Sea Rhum field.
McDermott clinches another EPCI job with Saudi Aramco
McDermott International has been awarded another large contract by Saudi Aramco. McDermott said on Thursday that, under the contract, it would provide engineering, procurement, construction and installation (EPCI) of a production deck module (PDM) in the Hasbah gas field with hook-up and modificatio
Vår Energi finalizes North Sea field divestment
Vår Energi has finalized the divestment of 10 percent ownership interests in six of its operated licenses across the Balder and Ringhorne fields in the North Sea to Mime Petroleum.
No new wildlife impacted by Hibernia oil spill, but production remains shut-in
No new reports of impacted wildlife have been reported from the Hibernia platform oil spill offshore Newfoundland.
Valaris posts $406 million profit in first quarter after merger
Offshore drilling contractor Valaris, formerly known as EnscoRowan, booked a large profit in the second quarter of the year.