Fossil Energy
U.S. Gulf of Mexico platforms resuming production after storm
More than fifty percent of the U.S. Gulf of Mexico oil and gas production remained shut on Tuesday following the tropical storm Barry.
Woodside misses at Achernar offshore well
Australian oil and gas company Woodside has reportedly drilled a duster at its Achernar prospect in the Dampier sub-basin offshore W. Australia.
Aker Solutions books loss in second quarter
Norwegian oilfield services provider Aker Solutions recorded a loss in the second quarter of the year despite increase in revenues driven by higher activity.
Premier extends partnership with Mubadala in Indonesia
Mubadala Petroleum has signed an agreement with Premier Oil to farm out a 20 percent participating interest in each of the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) located offshore Indonesia.
Woodside files environment plan for Pyxis drilling
Woodside’s environment plan for WA-34-L Pyxis drilling and subsea installation is now under assessment with NOPSEMA, Australia’s offshore regulator.
Contract extension for KS Drilling rig in Vietnam
Singapore-based offshore drilling company KS Drilling has won a contract extension for one of its jack-up drilling rigs.
Pandion buys stake in Norwegian Sea license from ConocoPhillips
Pandion Energy has entered into an agreement with ConocoPhillips to acquire a 20 percent interest in PL 891, containing the Slagugle prospect.
EnerMech promotes COO to chief executive role
Integrated engineering service provider EnerMech has appointed a new chief executive officer (CEO).
New finance deal to support offshore green energy switch
Stavanger-based Blueday Technology has teamed up with sustainable energy infrastructure fund manager SUSI Partners to offer a new financing structure for offshore and marine asset owners.
EU sanctions Turkey for drilling offshore Cyprus
The EU will stop high-level dialogues with Turkey and will reduce pre-accession assistance to Turkey for 2020.
GoM oil firms returning workers to offshore platforms after storm Barry
Anadarko, BP, Shell returning workers to offshore platforms after storm
Inpex eyes FEED work for Abadi LNG project following revised plan approval
Following approval from Indonesian authorities of Inpex’s revised plan for Abadi LNG project, Inpex and its partner Shell are set to start preparations for FEED work for the project.
Gudrun field partners to invest in further development
Partners in the Gudrun field offshore Norway have decided to invest in a water injection plant on the field to improve reservoir recovery. This will extend the field life by three years compared to the original plan.
Westwood: UK’s new entrant E&P companies need to step up investment in new production
A new study by Westwood Global Energy Group shows that new entrant E&P companies to the UKCS since 2008 now control 46% of production, 39% of reserves and 64% of potentially commercial volumes yet to be developed.