Fossil Energy
Green light for Vår Energi to use Ringhorne platform for production drilling
Norwegian oil and gas company Vår Energi has received consent from the Norwegian authorities for the use of the Ringhorne platform, which is located offshore Norway.
Bassoe Analytics’ offshore rig market survey shows optimism is back
Survey respondents think drilling rig demand will increase and the harsh environment semi-sub market is undersupplied, but peak oil demand is a growing concern.
Transocean Leader rig moves to Greater Warwick Area
The semi-submersible drilling rig Transocean Leader is heading to the West of Shetland location where it will start a drilling campaign for Spirit Energy and Hurricane Energy targeting one of the most watched offshore prospects of the year in the Greater Warwick Area.
Norwegian gov’t proposes funding of CO2-storage offshore exploration well
The Norwegian Government will make a proposal to Parliament that the country contributes funds for an exploration well for CO2-storage on the Norwegian Continental Shelf (NCS).
World Bank backs Guyana’s oil and gas policy framework with $20 million credit
The World Bank has approved a $20 million credit from the International Development Association (IDA) to strengthen institutions, laws, and regulations to promote good governance and a prudent management of Guyana’s oil and gas sector.
Ensco, Rowan complete merger creating largest offshore drilling firm
Offshore drilling companies Ensco and Rowan have completed the previously announced merger deal, creating a new company named Ensco Rowan.
Australia: BP set to farm into giant gas prospect as license term extended
The extension allows a suitable timeframe for the Ironbark prospect to be drilled in 2020.
Acteon adds geotechnical and geophysical survey company to portfolio
Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic.
NAO adds thirteen offshore vessels to its fleet
Offshore support vessel company Nordic American Offshore (NAO) has expanded its fleet with thirteen vessels previously owned by Scorpio Offshore.
Lundin secures safety consent to use Leiv Eiriksson rig in North Sea
Lundin has received consent from the Petroleum Safety Authority (PSA) for exploration drilling in the North Sea, using the Leiv Eiriksson drilling rig.
Keppel orders drilling equipment for second Awilco rig from MHWirth
MHWirth has signed a contract with Keppel FELS for delivery of one drilling equipment package for a new mid water semi-submersible drilling rig.
Seadrill given notice of order following ‘West Hercules’ audit
The PSA has given a notice of order to Seadrill regarding its management of emergency preparedness, logistics, maintenance and the working environment on the West Hercules mobile drilling rig.
Delek to buy Shell’s stake in U.S. Gulf of Mexico field for $965 million
The transaction is likely to close by the end of the third quarter 2019, with an effective date of January 1, 2019.
KrisEnergy chief operating officer to leave in October
Chief operating officer of oil and gas company KrisEnergy has decided to resign from the company.