Fossil Energy
Marathon fined for gas blast on North Sea platform
Oil and gas company Marathon Oil UK has been fined £1.16 million ($1.5 million) following an HSE investigation into a high-pressure gas release on its Brae Alpha offshore platform in the North Sea on Boxing Day 2015. HSE is Britain’s national regulator for workplace health and safety. According to i
Investment firm BWE buys Heerema’s pipeline welding business
London-based private equity firm Blue Water Energy is buying Heerema Marine Contractors’ Pipeline Technique Limited,
Total eyeing drillship for Nigeria drilling
French oil major Total is on the lookout for a deepwater drillship for a 2020 drilling campaign in the OML 130 block offshore Nigeria.
Energy Drilling gets first drilling contract in Malaysia as EnQuest awards Seligi job
EnQuest has hired a tender assist drilling rig owned by Singapore’s Energy Drilling for its drilling operations offshore Malaysia, making this Energy Drilling’s first contract in Malaysia.
EnQuest boasts 25 pct production growth driven by North Sea assets
EnQuest recorded a 25 percent production growth in the first four months of the year driven by strong production from its UK North Sea assets.
SeaBird makes further progress with fleet expansion plan
Norwegian seismic player SeaBird Exploration has made further progress towards the completion of the acquisition of the Boa Galatea and Boa Thalassa vessels.
Aker BP given notice of order following Ula audit
The PSA has given a notice of order to Aker BP regarding its logistics and management of health risk on Ula D and P platforms.
BHP agrees to supply Gippsland gas to AGL
Australia’s BHP has entered into a new gas supply agreement with its compatriot AGL Energy for the supply of natural gas from the Gippsland Basin, off Victoria.
Australian regulator nods for creation of Ironbark JV
Australian authorities have given their approval for the title transfers of exploration permit WA-359-P, which contains the giant Ironbark gas prospect, to new joint venture partners BP, Beach Energy, and New Zealand Oil & Gas.
Tullow to buy Calima’s offshore acreage in Namibia
London-listed Tullow Oil has agreed to buy Calima Energy’s interest in the Namibia offshore PEL 90 license (Block 2813B) in the Orange Basin for $2 million plus bonuses that count add further $10 million.
Jadestone brings online first infill well at Stag
Jadestone Energy has announced that the Stag 49H infill well – the first well at the Stag field in six years – is in production at a rate of 1,400 bopd. Jadestone, the 100% owner and operator of the producing Stag oil field located offshore Australia, started drilling the Stag infill well in March,
Solstad sheds platform supply vessel
Farstad Shipping, a wholly owned subsidiary of Norwegian offshore supply vessel owner Solstad Offshore, has sold one of its platform supply vessels.
NorSea to provide logistics for Dolphin Drilling ops
Norwegian offshore drilling company Dolphin Drilling has awarded a logistics contract to its compatriot NorSea.
Aquaterra Energy opens new office in Perth
Aquaterra Energy, an offshore engineering solutions provider, has opened its first engineering office and warehouse facility in Perth, Australia.