Fossil Energy
Jadestone returns to Stag drilling as cyclone Veronica weakens
Jadestone Energy has restarted drilling operations at its Stag oilfield located offshore Australia following the weakening of tropical cyclone Veronica.
VIDEO: Is gas the victim of geopolitics?
Europe’s efforts to phase out coal for electrification, while the gas demand remains uncertain are driven by various international political and economic developments in the energy sector.
Report: Saipem in talks to sell drilling business
Saipem is reportedly in talks to divest its drilling businesses, both onshore and offshore, according to a report by Bloomberg published on Friday.
Trump’s order revoking Obama’s Arctic drilling ban unlawful, court rules
U.S. president Trump’s executive order from 2017 overturning his predecessor’s Barack Obama’s ban of oil & gas activity in certain areas in the U.S. Arctic waters has been deemed illegal and invalid by a federal judge in Alaska on Friday.
Rolls-Royce Commercial Marine becomes part of Kongsberg
Norway’s Kongsberg Group has completed the purchase of Rolls-Royce Commercial Marine (RRCM).
Join us at the OEEC Village
The OEEC Village is a new feature on the exhibition floor in 2019. On October 8 and 9, Hall 3 will be transformed into a small yet bustling village visitors can attend.
Yinson moves to acquire Singapore’s Ezion
Malaysia’s Yinson Holdings has decided to acquire Singapore’s liftboat operator Ezion Holdings.
Borr Drilling buys newbuild jack-up at discount price
Oslo-listed offshore driller Borr Drilling has bought the jack-up rig newbuilding, Hull No. B378 (formerly named Hakuryu-15), for $122 million from BOT Lease Co.
Vår Energi farming out share in Balder and Ringhorne fields to Mime Petroleum
Norwegian oil and gas company Vår Energi has agreed to sell a share in six offshore licenses across the Balder and Ringhorne fields in Norway to Mime Petroleum.
Alam Maritim to work on Vestigo’s offshore pipeline
Malaysia’s Alam Maritim has been awarded a contract for the provision of EPCI and pre-commissioning of pipeline system for Tembikai non associated gas (TNAG) development by Vestigo Petroleum.
Subsea 7 in double win offshore Saudi Arabia
Subsea 7 has been awarded two contracts from Saudi Aramco for conventional projects in shallow water offshore Saudi Arabia.
U.S. weekly offshore rig count climbs to 23
The weekly U.S. offshore rig count rose by three active units this past week, Baker Hughes, a GE company, said in a report on Friday.
Popular news, March 25 – 31, 2019
Offshore Energy Today’s most popular news of the past week.
Shell taps Subsea 7 for Arran field work worth over $100 million
Shell has hired offshore installation and construction company Subsea 7 for work on the Arran gas field development in the UK North Sea.