Fossil Energy
Telford secures multiple shallow water contracts in Mexico
Telford Offshore has been awarded multiple pipelaying and construction services contracts by Mexican company Protexa.
PetroRio closes Frade deal with Chevron
PetroRio has closed the acquisition of Chevron’s subsidiary which holds a 51.74% interest in the concession and operation of the Frade field offshore Brazil, along with a proportional stake in the operating assets of the field.
IOG slams RockRose’s “exploitative” debt offer
Following RockRose’s offer to buy the entire debt of its takeover target Independent Oil & Gas owed to London Oil and Gas (LOG), IOG has said that the offer significantly undervalues LOG’s interest in IOG, and IOG itself.
Proserv sheds drilling services business
Energy services company Proserv has sold its drilling services business, formerly known as TIC, to pressure control systems provider C-Automation Inc.
PDi rakes in over $2.6 million in new contracts ahead of expansion plans
Aberdeen-based subsea engineering specialist PDi Ltd, a Tattva Group Company, has announced expansion plans and over £2 million of new orders since the start of the year.
CNOOC orders mooring system for floating production platform
Chinese oil company CNOOC has ordered the on-vessel mooring system for a deepwater floating production platform to be deployed offshore China. The system will be supplied by Cargotec’s subsidiary MacGregor.
Sapura Energy’s 4Q result boosted by OMV deal
Malaysian company Sapura Energy has turned to profit in the fourth quarter ended January 31 (fiscal year 2019), with the result boosted by a recent sale of stake in E&P business to Austrian OMV.
Cyclone Veronica halts Jadestone’s Stag drilling program off Australia
Just as Singapore’s Jadestone Energy was getting ready to start its infill drilling program at the Stag oilfield located offshore Australia, the company was forced to halt its operations due to tropical cyclone Veronica.
Woodside evacuates all offshore workers due to cyclone
Australia oil and gas company Woodside has evacuated all workers from its offshore platforms ahead of the tropical cyclone Veronica. Cyclone was located some 95 kilometers east-northeast of Karratha at 5.00 am AWST on Monday, March 25.
Castex fails to find commercial hydrocarbons in Gulf of Mexico well
Castex Energy has failed to find commercial hydrocarbons at the Main Pass Block 273 B-2 appraisal/development well in the U.S. Gulf of Mexico.
RockRose tries to buy IOG’s debt
UK-based oil and gas company RockRose has made a formal approach to acquire the entire debt of Independent Oil and Gas owed to London Oil and Gas.
U.S. weekly offshore rig count drops to 20 units
The number of offshore rigs in the U.S. dropped to 20 units last week, according to weekly rig count reports released by Baker Hughes on Friday.
UK: OGA launches 130 terabytes of offshore data in push to unlock 20 billion barrels of oil & gas
The UK Oil and Gas Authority (OGA) has released what it says is one of the largest ever single open releases of data with the launch of the UK’s first UK Oil and Gas National Data Repository (NDR).
Polarcus taking early redelivery of Vyacheslav Tikhonov seismic vessel from Sovcomflot
Oslo-listed marine seismic vessel owner Polarcus is about to take early redelivery of its Vyacheslav Tikhonov seismic vessel from the Russian company Sovcomflot.