Fossil Energy
Popular news, July 15 – 21, 2019
Offshore Energy Today’s most popular news of the past week.
Israel receives bids for 12 offshore blocks
Israel’s second offshore licensing round has attracted bids from five oil and gas companies.
Israel: Noble Energy keeping Alon D block stake
U.S. oil and gas company Noble Energy will not be relinquishing its stake in the Alon D license offshore Israel, near the maritime border with Lebanon.
Hat-trick for Seadrill after third drillship deal this week
Offshore drilling firm Seadrill Partners has won a one-year deal for the West Polaris drillship in Southern Asia.
Schlumberger 2Q profit up 14 pct as new boss prepares to take the helm
Schlumberger recorded a 14 percent increase in its second quarter 2019 net profit while expecting oil market sentiments to remain balanced. Schlumberger has also revealed that its CEO will retire after eight years in the role and the company has already lined up a replacement.
Oil workers coming back to Gulf of Mexico after storm Barry, but 60 platforms still evacuated
A total of 60 offshore production platforms in the U.S. Gulf of Mexico remained evacuated on Thursday following the tropical storm Barry, which had hit the Gulf late last week. Over 18 percent of oil production remains shut-in as a result of the storm.
Repsol making progress with Yme field development. First oil in 2020
Spanish oil company Repsol is pressing ahead with the development of the Yme field offshore Norway.
Rystad: Offshore project sanctioning in 2019 on track to surpass 2014 levels
Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects, Rystad Energy said on Thursday.
Noble Corp. lands extensions for jack-ups working in UK and Saudi Arabia
Offshore drilling contractor Noble Corporation has been awarded contract extensions for two jack-up rigs in the UK and Saudi Arabia.
Oil spills from Hibernia platform offshore Canada
Approximately 12.000 liters of oil is estimated to have been spilled this week from the Hibernia oil platform offshore Newfoundland, Canada.
Siemens pens five-year deal with BP for upstream projects
Oil major BP has signed a five-year global frame agreement with Germany’s Siemens.
Repsol cleared to use Scarabeo 8 rig on North Sea well
Spanish oil firm Repsol has received consent from the PSA for exploration drilling in the North Sea using the Scarabeo 8 drilling rig.
U.S. to offer all available areas in next Gulf of Mexico lease sale
The U.S. Bureau of Ocean Energy Management will offer 77.8 million acres for a region-wide lease sale in the Gulf of Mexico scheduled for Aug. 21, 2019.
PHOTO: McDermott’s Amazon vessel arrives in Rotterdam for conversion work
The Amazon construction vessel has arrived in Rotterdam to start its transformation into an ultra-deepwater J-Lay vessel.