Fossil Energy
U.S. weekly offshore rig count stays flat
The number of active offshore rigs in the U.S. was 23 last week, unchanged from the previous week, according to a weekly rig count reports by Baker Hughes.
Leask Marine completes in-water survey on Prosafe’s Safe Caledonia rig
Orkney Islands-based engineering company Leask Marine dive team has completed a comprehensive in-water survey for ABS on Prosafe’s Safe Caledonia accommodation rig.
VIDEO: Euro-Circuit Technology’s biodegradable water-based degreaser at SBF19
Malaysia’s Euro-Circuit Technology Sdn Bhd specializes in manufacturing an alternative to chemical-based, hazardous solvents by utilizing fully & readily biodegradable materials to remove even the toughest hydrocarbon stains and deposits. Euro-Circuit’s Bio-Solv is a water-based degreaser that appli
ConocoPhillips sells UK business to Chrysaor for $2.7 billion
Oil major ConocoPhillips has entered into an agreement to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor for $2.675 billion, plus interest and customary adjustments.
Noble Corp. lands contract extensions for two offshore rigs
Offshore driller Noble Corporation has been awarded contract extensions for a semi-submersible drilling rig and a drillship.
Schlumberger books smaller profit in first quarter
Oilfield services provider Schlumberger recorded a smaller profit in the first quarter of the year despite increase in revenues when compared to the prior-year period. Schlumberger expects the oil market sentiments to steadily improve over the course of 2019. According to its financial report for th
Eni to become operator of Block A Offshore Ras Al Khaimah
Eni has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant joint operating agreement.
Saipem returns to profit on the back of strong offshore division
Saipem returned to profit in the first quarter of 2019 from a loss in the prior-year period thanks to strong performance in the Offshore Engineering & Construction division.
Transocean secures more work for its rigs, adds $373 million in contract backlog
Offshore driller Transocean has secured more work for its drilling rig fleet, adding approximately $373 million in contract backlog since its last fleet status report in February.
Shell spuds exploration well offshore Bulgaria
Oil major Shell has started drilling an exploration well in the Black Sea offshore Bulgaria.
Chief financial officer of KrisEnergy resigns
Chief financial officer (CFO) of oil and gas company KrisEnergy has tendered his resignation to pursue other interests.
DEME Offshore main sponsor Offshore Wind Conference 2019
The Offshore Wind Conference 2019 team is proud to announce that leading provider of services and solutions for the offshore energy industry DEME Offshore is the main sponsor for this year’s conference on October 7 and 8 at the Amsterdam RAI.
Shell taps Halliburton for drilling services in Brazil
Shell has executed an integrated services contract with U.S. oilfield services provider Halliburton for post-salt development and pre-salt exploration in Brazil’s Campos and Santos Basins.
BHP finds hydrocarbons in Trinidad and Tobago well
BHP, formerly known as BHP Billiton, has encountered hydrocarbons in its Bélé-1 exploration well located offshore Trinidad & Tobago.