Fossil Energy
Green light for Vigdis boosting station project
Norway’s Ministry of Petroleum and Energy has approved Equinor’s Vigdis Boosting Station project, which is located in the North Sea.
Bassoe: The offshore rig market should love China’s energy independence policy
With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. And the country’s energy independence policy is keeping rig supply out of the global market.
OPEC+ extends oil output cuts till March 2020
Following OPEC’s decision on Monday to extend the voluntary oil production cuts in order to keep oil prices stable, the Russia-led block of non-OPEC nations has agreed to the same on Tuesday.
Police raids Singapore rig builder’s Brazil office in bribery probe
The search warrant the Brazilian authorities execute was related to the “Operacao Lava Jato”
Africa Oil joins Azinam as partner in block offshore South Africa
Azinam Limited has entered in an agreement under which Africa Oil will acquire a 20% participating interest in Block 3B/4B Orange Basin, offshore South Africa.
Offshore driller EnscoRowan changing name
Offshore drilling company EnscoRowan, formed by a recent merger between Ensco and Rowan, is changing its name.
New boss to lead MMA Offshore
Australian marine services provider MMA Offshore has appointed David Ross as its new Chief Executive Officer (CEO) with effect from July 1, 2019.
InterMoor to deliver mooring equipment to Chevron’s Alba FSU
InterMoor, a provider of mooring services in subsea services group Acteon, has been awarded a contract for the supply of mooring equipment to Chevron’s Alba FSU in the North Sea.
ExxonMobil most admired explorer. Dorado discovery of the year
U.S. oil giant ExxonMobil has been named the upstream industry’s most admired explorer, according to Wood Mackenzie.
Eni produces first oil from Miztón field offshore Mexico
Italian oil company Eni has started the early production phase from the Miztón field in Area 1, located in the Campeche Bay offshore Mexico, making Eni the first international company to start offshore production in Mexico after the Energy Reform.
McDermott wraps up first of two offshore campaigns for India’s Reliance
McDermott has completed the first of two offshore campaigns for Reliance Industries Ltd. KG-D6 R-Cluster subsea field development, in the Krishna Godavari Basin, located off the East Coast of India.
OPEC extends output cuts for 9 months
OPEC members have agreed to extend the voluntary oil production cuts for another nine months, with the aim to keep the oil prices “stable,” with Russia also supporting the extension.
Apply scoops Njord field job
Equinor has awarded its compatriot engineering company Apply a contract to establish / update system descriptions and associated system drawings for the Njord field, located in the Norwegian Sea.
Aker BP completes first stage of Valhall Flank West hook-up
Norwegian oil and gas company Aker BP has carried out the first stage of the hook-up of the Valhall Flank West platform in the North Sea.