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Fossil Energy

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Exploration & ProductionEquipmentBusiness & FinanceNews
Worldwide offshore rig count rises in October
Fossil Energy

Worldwide offshore rig count rises in October

The worldwide offshore rig count in October rose by three units compared to October 2017 numbers. According to BHGE’s report released on Wednesday, the worldwide offshore rig count in October 2018 was 230 units, up from 227 a year ago. Baker Hughes, a GE company, splits it rig counts to internationa

about 8 years ago
U.S. sanctions on Iran make market vulnerable to oil demand spikes, Woodmac says
Fossil Energy

U.S. sanctions on Iran make market vulnerable to oil demand spikes, Woodmac says

The U.S. on Monday imposed sanctions on Iran’s energy, shipping and shipbuilding, and financial sectors, a move which is expected to have a negative impact on the Iranian oil and gas exports.

about 8 years ago
Jumbo wins transportation and installation work on Leviathan project
Fossil Energy

Jumbo wins transportation and installation work on Leviathan project

Jumbo has been awarded the transportation and Installation of a 410t subsea production manifold at a depth of 1643m off the coast of Israel for Noble Energy’s Leviathan development.

about 8 years ago
Israel to offer 19 blocks for oil & gas exploration in second offshore bid round
Fossil Energy

Israel to offer 19 blocks for oil & gas exploration in second offshore bid round

Israel has announced the launch of its second offshore bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Eastern Mediterranean.

about 8 years ago
ADNOC to increase oil production capacity to 4 mmbpd by end of 2020
Fossil Energy

ADNOC to increase oil production capacity to 4 mmbpd by end of 2020

Abu Dhabi’s Supreme Petroleum Council has approved ADNOC’s new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per day (mmbpd) at the end of 2020 and 5mmbpd by 2030.

about 8 years ago
Popular news, October 29 – November 4, 2018
Fossil Energy

Popular news, October 29 – November 4, 2018

Offshore Energy Today’s most popular news of the past week.

about 8 years ago
Noble Energy breaks gas sales record in Israel. Leviathan 67% complete
Fossil Energy

Noble Energy breaks gas sales record in Israel. Leviathan 67% complete

U.S. oil and gas company Noble Energy has said achieved its quarterly record in gas sales in Israel during the third quarter of the year.

about 8 years ago
Popular news, October 22 – 28, 2018
Fossil Energy

Popular news, October 22 – 28, 2018

Offshore Energy Today’s most read news of the week

about 8 years ago
Fugro in Qatar offshore services gig
Fossil Energy

Fugro in Qatar offshore services gig

Dutch offshore services firm Fugro has won a contract to provide its offshore inspection services in Qatar for the national gas company Qatargas.

about 8 years ago
Saudi Aramco inks 15 new deals worth over $34 billion
Fossil Energy

Saudi Aramco inks 15 new deals worth over $34 billion

Saudi national oil and gas giant Saudi Aramco signed fifteen deals valued at more than $34 billion with oil companies and services providers during an investment forum nicknamed “Davos in the Desert.”

about 8 years ago
Woodmac: Oil firms need to start spending $600B a year to meet demand
Fossil Energy

Woodmac: Oil firms need to start spending $600B a year to meet demand

Oil and gas companies need to start spending more – around $600 billion a year – to satisfy future demand growth.

about 8 years ago
Gulf Marine CFO resigns
Fossil Energy

Gulf Marine CFO resigns

CFO of Gulf Marine Services has decided to resign effective from the 2019 Annual General Meeting of the company which is scheduled for May 28,2019.

about 8 years ago
Seabed GeoSolutions in OBN survey for Saudi Aramco
Fossil Energy

Seabed GeoSolutions in OBN survey for Saudi Aramco

Seabed GeoSolutions, a joint venture between Fugro and CGG, has been awarded a 3D ocean bottom node survey in the Red Sea in partnership with ARGAS.

about 8 years ago
Popular news, October 15 – 21, 2018
Fossil Energy

Popular news, October 15 – 21, 2018

Offshore Energy Today’s most popular news of the past week.

about 8 years ago
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