Fossil Energy
iSURVEY signs drilling hazard survey deal with Lundin
iSURVEY, a provider of survey and positioning services, has signed a drilling hazard survey contract with Swedish oil company Lundin Petroleum.
Damen delivers new fast crew supplier to Angola’s Octomar
Independent Angolan diving services company Octomar has taken delivery of a fast crew supplier (FCS) from the Damen Shipyards Group.
MX Oil shareholders to vote on name change, share capital consolidation
AIM quoted oil and gas investment company MX Oil is planning a name change following a recent investment by a UAE sheikh. The company is also looking to consolidate its share capital in a push to lift its share price.
BP shareholders vote for greater climate disclosure, strike down emissions targets proposal
BP’s shareholders have voted in favor of Climate Action 100+ shareholder resolution on climate change disclosures, but have rejected Follow This shareholder resolution on climate change targets.
Safe Zephyrus flotel connects to Claire Ridge platform
Offshore accommodation company Prosafe has informed that its flagship flotel Safe Zephyrus has reached BP’s Clair Ridge platform located West of Shetland.
Solstad vessels to support two offshore drilling campaigns in Norway
Norwegian offshore vessel owner Solstad Offshore has been awarded contracts for two platform supply vessels (PSVs) in Norway.
Bassoe: So you’re telling me there’s a chance – offshore rig market expectations don’t match reality
Recent long-term offshore drilling contract awards might not fit with investors’ expectations, but it’s the expectations that are the problem, not the reality.
McDermott extends but Fugro cancels charter for CSV Southern Ocean
McDermott has awarded a charter extension to the CSV Southern Ocean for operations offshore India. As a result, the vessel’s next charterer Fugro has canceled the subsequent charter agreement for the vessel as it cannot be delivered on the agreed date.
Naphtha buying Isramco and taking it private
Israeli utility Naphtha Israel is set to buy Isramco, a company with oil and gas assets in offshore Israel and onshore in the U.S.
Rystad: Offshore renaissance party might end in 2022
The offshore oil and gas industry is currently in a resurrection mode and is expected to keep growing, however, the annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to the energy intelligence group Rystad Energy.
DOF scores three contracts in Brazil
Norwegian offshore vessel operator DOF Subsea and DOF subsidiary Norskan offshore have been awarded a total of three contracts offshore Brazil.
Dana Gas spuds Merak-1 well offshore Egypt. Targets ‘world-class’ gas resource
Dana Gas has started drilling a well in the North El Arish concession, in the Eastern Mediterranean Basin, offshore Egypt.
Norway’s oil output in April lower than expected
Norwegian oil production during April 2019 was below expected figures due to technical problems on some fields, according to Wednesday’s report by the NPD.
Report: Police removes Greenpeace activists from BP HQ
Greenpeace activists that blocked entry to BP’s headquarters in London on Monday, have been removed by police.