Fossil Energy
Seadrill sees increased contracting activity in deepwater market
Offshore drilling contractor Seadrill has posted a quarterly loss but says it sees improvement in deepwater drilling contracting activity. The company has also revealed it has secured more work for its rigs.
New pipeline transports first oil from Shell’s Appomattox
Systems owned by Proteus Oil Pipeline Company and Endymion Oil Pipeline Company increased volumes of crude oil from the startup of the Shell-operated Appomattox floating production system via the newly commissioned Mattox Pipeline.
OKEA sets IPO terms
Norwegian oil and gas company OKEA has set the terms for its previously proposed Initial Public Offering of shares on the Oslo Stock Exchange.
Subsea 7 ready for newbuild reel-lay vessel launch
UK-based subsea engineering, construction, and services company Subsea 7 is ready for a launch and official naming ceremony for its newbuild reel-lay vessel Seven Vega. Subsea 7 announced through its social media channels on Friday that the Seven Vega will be launched and officially named on Saturda
Gulf Marine Services names new CFO
The new CFO has previously worked for TAQA and Shell
MOL Norge drills duster in North Sea
MOL Norge has completed exploration well 3/7-11 S, targeting the Vinstra and Otta prospects in PL539 in the North Sea. Both targets were dry.
Soco looking at M&A opportunities. Vietnam output in line with guidance
Soco International, an oil company focused on Vietnam, and as of recently on Egypt, has said its production for the 1Q was in line with expectations. It has also said it is looking at potential M&A opportunities
Roc Oil employs Dayang on Sarawak drilling campaign
Dayang Enterprise has been awarded a four-year contract by Australia’s Roc Oil for the provision of services on the company’s Sarawak drilling campaign.
Romania: OMV Petrom to decommission Gloria platform
The Gloria platform is the first offshore drilling platform in Romania.
Neptune Marine wraps up survey campaigns for Oil Search
Neptune Marine Services has recently completed several survey, maintenance and construction campaigns for Oil Search at its offshore facilities in Papua New Guinea.
IOG picks new independent non-executive director
Independent Oil and Gas, a development and production focused oil and gas company, has appointed a new independent non-executive director.
Russia’s Lukoil talks cooperation with Republic of Congo president
President of Russian oil and gas company Lukoil has discussed prospects for bilateral cooperation with the president of the Republic of the Congo.
Aminex CEO steps down due to health reasons
The chief executive officer (CEO) and director of oil and gas production and development company Aminex has decided to step down from his role in the company.
Shell starts oil production from Appomattox field
Appomattox has realized cost reductions of more than 40% since taking the final investment decision in 2015.