Fossil Energy
MHWirth buys Bronco Manufacturing in push to strengthen presence in North America
Akastor’s wholly owned subsidiary MHWirth has entered into agreements with Bronco Holdings for the purchase of 100% ownership interest in Bronco Manufacturing.
Replacement named as KCA Deutag CEO decides to retire
Drilling and engineering contractor KCA Deutag has named a new chief executive officer following the decision by its current CEO to retire.
U.S. weekly offshore rig count stays flat
The U.S. weekly offshore rig count remained flat during last week, according to a rig count report published on Friday by Baker Hughes, a GE company.
Popular news, June 3 – 9, 2019
Offshore Energy Today’s most popular news of the past week.
Norway: More than 1500 offshore rig workers might go on strike
More than 1500 offshore workers in Norway might go on a strike if a wage settlement with the Norwegian Shipowners’ Association – representing the companies – is not reached.
Worldwide offshore rig count in May up by 43 rigs year-over-year
The worldwide offshore rig count in May 2019 dropped by 11 units sequentially but was up 43 rigs year-over-year, according to monthly rig count reports by Baker Hughes.
Eidesvik wins North Sea extension with Chevron
Norwegian shipping company Eidesvik Offshore has been awarded a contract extension for one of its offshore supply vessels.
Seadrill names energy industry veteran as chief financial officer
Offshore drilling contractor Seadrill has named a new chief financial officer (CFO) of the company.
Novatek firms up Arctic LNG 2 deals with two Chinese companies
Russian gas producer Novatek has signed share purchase agreements with two Chinese companies for the sale of participation interest in the Arctic LNG 2 project. Novatek signed the share purchase agreements with the CNOOC Ltd. and CNPC on Friday as part of Saint-Petersburg International Economic Foru
NOV in ‘historic’ 20,000 psi BOP sale to Transocean
Offshore driller Transocean has bought two 20,000-psi (20K) blowout preventer (BOP) stacks from National Oilwell Varco, in a deal that the equipment manufacturer described as a historic one for the offshore oil and gas industry.
Subsea 7’s Seven Borealis vessel makes its first ever UK dock
Scotland’s Nigg Energy Park has welcomed Seven Borealis vessel from the Subsea 7 fleet for a short-term stay.
Eni hires SSV Catarina rig for Indonesia drilling
Singapore’s KS Drilling in a joint venture with Universal Energy Resources has won a contract by Eni for a charter of the semi-submersible drilling rig SSV Catarina.
Lukoil enters Eni’s license offshore Congo for $800 million
Lukoil has concluded an agreement with New Age to acquire a 25% interest in the Eni-operated Marine XII license in the Republic of Congo for $800 million in cash.
DOF picks up contract extension in Brazil with Petrobras
Brazilian subsidiary of Norwegian offshore vessel provider DOF has received an extension for one of its vessels working in South America.