Fossil Energy
ConocoPhillips earnings jump amid higher output
ConocoPhillips reported an increase in its quarterly earnings on the back of higher output when compared to the prior-year period.
McDermott scoops Amoca field contract in Mexico
McDermott International has been awarded a contract by Eni for engineering, procurement and construction of wellhead platform one (WHP1) to be installed in the Amoca field off Mexico.
Shell to drill Selene prospect ‘soon’ as it farms into Cluff’s N. Sea block
Shell will pay 75% of the cost of an exploration well, including testing
Greenpeace activists end West Hercules rig protest
Greenpeace activists have ended their protest on the Barents Sea-bound West Hercules offshore drilling rig, currently located near Rypefjord village in the north of Norway, after spending 16 hours on the rig.
Repsol 1Q 2019 income flat despite lower oil prices
Spanish oil firm Repsol posted a net income for the first quarter of the year of 608 million euros, almost even compared to last year’s 1Q income of 610 million euros.
Talos set to spud Gulf of Mexico well using Noble drillship
Talos Energy is preparing to spud the Bulleit appraisal well located in the Green Canyon 21 lease in the U.S. Gulf of Mexico, using the Noble Don Taylor drillship.
Aker Solutions books higher profit, expects increase in energy demand
Norwegian oilfield services provider Aker Solutions recorded an increase in its quarterly profit and revenues driven by high activity levels. Looking ahead, Aker Solutions expects an increase in energy demand. Aker Solutions recorded an increase in its first quarter 2019 net income which totaled NOK
BP profit dips on lower prices. Production up
British oil major BP posted a slight dip in the first quarter underlying replacement cost (RC) profit, citing the weaker oil price and margin environment at the start of the quarter.
Oceaneering to digitally transform Pacific Drilling’s rig fleet
Subsea engineering firm Oceaneering and offshore driller Pacific Drilling have entered into an industry-first, five-year Digital Services Package agreement.
Video: Emerging markets making waves
There is a huge amount of opportunities in the first and the second wave of emerging offshore wind markets, according to Stefan Lettink, Director Wind at Royal IHC.
Israel’s Delek targets Chevron’s North Sea oil and gas assets
Israeli Delek Group has confirmed it has made an offer to buy a package of North Sea assets owned by oil major Chevron.
Repsol and LLOG enter agreement to speed up Gulf of Mexico projects
Repsol and LLOG Exploration Offshore have signed an asset exchange and joint participation agreement to accelerate plans and optimize the economics of projects in the deepwater Gulf of Mexico.
Woodside hires two Diamond drillships for Senegal operations
Offshore drilling contractor Diamond Offshore has been awarded drilling contracts for two of its 2014-built drillships with Woodside in Senegal.
Anadarko to resume takeover talks with Oxy
Anadarko Petroleum intends to resume negotiations with Occidental Petroleum (Oxy) in response to Occidental’s proposal to acquire the company. Anadarko says that Oxy’s bid could result in a “superior proposal” to that made by Chevron.