Fossil Energy
GC Rieber scoops extension and new vessel management deal
GC Rieber Shipping has entered into a ship management agreement for a cable laying vessel and won an extension of the charter of the Polar King CSV with Nexans.
Energean adds four new license to Israeli portfolio
Greek oil and gas company Energean has been awarded four new licenses for oil and gas exploration in the Israeli EEZ.
Spirit kicks off drilling operations in UK North Sea
Oil and gas company Spirit Energy has started drilling at the Andromeda North prospect located in the UK sector of the North Sea.
Australia launches largest offshore acreage release since 2000
The Australian Government has launched the 2019 Offshore Petroleum Acreage Release, comprising 64 areas, the largest since 2000.
Sembcorp Marine disappointed by low order intake. Expects tough 2H 2019
With insufficient new orders secured, the losses for the second half expected to be higher
ConocoPhillips granted drilling permit for North Sea well
The Norwegian Petroleum Directorate has granted ConocoPhillips a drilling permit for a well in the North Sea offshore Norway.
Shell completes Caesar-Tonga sale to Equinor
Shell has completed the sale of 22.45% non-operated interest in the Caesar-Tonga asset in the U.S. Gulf of Mexico to Equinor, subject to approval of the lease assignments by the regulator.
McDermott and Baker Hughes land Ichthys job
McDermott and Baker Hughes, a GE company, have been awarded contracts to provide a joint URF and SPS solution for the Inpex-operated Ichthys Liquefied Natural Gas (LNG) field development, located off the northwest coast of Western Australia.
Halliburton gets Libra job from Petrobras
Halliburton has announced the execution of an integrated services contract with Petrobras for pre-salt development in the Santos Basin offshore Brazil.
Rystad: With offshore market gaining momentum, employment shifts from shale to offshore
In an analysis of the oilfield service industry, sector intelligence firm Rystad Energy noted that the main driver of employment was shifting from shale to offshore.
Neptune starts first subsea installation campaign on Duva field
Neptune Energy has started its first subsea installation and construction campaign on the Duva field in the North Sea.
ConocoPhillips maintains steady profit
ConocoPhillips recorded a similar profit in the second quarter 2019 to the one made in the same period last year as lower oil prices were offset by higher volumes.
‘Material milestone’ reached in Sea Lion project financing
Rockhopper Exploration has said that the preliminary information memorandum, which will form the basis of a loan application for the Sea Lion senior debt project financing, has been submitted to potential senior lenders.
BP’s second quarter profit stable as production grows
BP posted a profit of $2.8 billion for the second quarter 2019, which is similar to the company’s performance in the same period last year, while its production increased during the period.