Fossil Energy
Popular news, April 29 – May 5, 2019
Offshore Energy Today’s most popular news of the past week.
BP takes over disputed offshore block in The Gambia
Oil major BP has struck an offshore exploration deal with the Gambian government in a disputed block previously held by African Petroleum Corporation.
Guyana approves CGX, Frontera offshore block farm-out
Guyana has approved the previously proposed farmed out of a share in CGX’s two offshore blocks in Guyana to Frontera Energy Corporation.
USA: Oil industry welcomes release of revised Well Control Rule
U.S. Interior Department is rolling back offshore well control rules in what it says is a push to reduce regulatory burden. The oil and gas industry groups have welcomed the rollback, while the environmental groups feel the move is a “hand out” to oil companies and will jeopardize offshore safety.
UK government backs plans for subsea engineering hub in Aberdeen
The UK government is backing industry plans for a multi-million pound underwater engineering hub in Aberdeen.
Sembcorp Marine books smaller profit, expects low production activity amid intense competition
Singapore’s offshore rig builder Sembcorp Marine booked a smaller quarterly profit due to lower revenues from the rigs, floaters, and platforms projects.
Approval granted for Dunlin Alpha topsides decom plan
Fairfield has received an approval of its decommissioning program for the Dunlin Alpha topsides, located in the UK North Sea, from the UK authorities. The Dunlin Alpha installation served as the production facility for the Greater Dunlin Area and is located in UK Continental Shelf Block 211/23a, app
Island Drilling bags rig contract with Faroe
Offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea.
Equinor delivers higher profit
Norwegian oil and gas giant Equinor recorded an increase in its first quarter 2019 profit as its production remained on par with the same period in 2018. Equinor on Friday reported adjusted earnings of $4.19 billion in the first quarter 2019, down from $4.41 billion in the same period in 2018. Adjus
CHC to support Cairn’s first operated offshore wells in Norway
Cairn Energy’s Norwegian subsidiary Capricorn Norge has hired CHC for the provision of helicopter services for its upcoming drilling operations in the Norwegian Sea.
Azinor teams up with Maersk Drilling and Seapulse to drill two UK wells in 2020
Azinor Catalyst Limited has committed to the Oil and Gas Authority to the drilling of two wells in 2020. These two firm wells form part of a three-well 2020 campaign.
Equinor cleared to use West Hercules rig for Sputnik well
Equinor has received consent from the PSA for exploration drilling in the Barents Sea using the West Hercules rig.
Santos spuds Dorado appraisal well
Australian energy company Santos has started drilling the Dorado-2 appraisal well located offshore Western Australia.
Green light for OMV to use Deepsea Bergen rig in Norwegian Sea
OMV has received consent from the PSA for exploration drilling in the Norwegian Sea using the Deepsea Bergen drilling rig.