Fossil Energy
Offshore safety body spots irregularities on Equinor’s Njord A platform
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found irregularities during an audit of Equinor’s Njord A platform.
Venezuela ordered to pay $8.7B for unlawful expropriation of ConocoPhillips’ oil fields
U.S. oil company ConocoPhillips has said that an international arbitration tribunal has order Venezuela to pay the oil company $8.7 billion for unlawful expropriation of ConocoPhillips’ oil and gas assets in Venezuela 2007.
TechnipFMC adds new dive support vessel to North Sea fleet
TechnipFMC has added to its international fleet of subsea pipelay, diving and construction ships after purchasing a newbuild diving support vessel – the Deep Discoverer.
Deep Down receives order for equipment and services in Gulf of Mexico
Deep Down, a Houston-based specialist in deep water oil and gas production and distribution equipment and services, has secured $4.4 million in orders for flying leads and associated equipment, and offshore installation services for the Gulf of Mexico. The orders include over $1 million in offshore
ASCO nets Aker BP extension in Norway
UK oilfield services provider ASCO has secured a contract extension with oil exploration and development company Aker BP ASA.
OPT pens first ever service contract with U.S. oil and gas operator
Ocean Power Technologies (OPT), a provider of ocean energy solutions, has signed a master service contract with an unnamed offshore oil and gas operator.
Bristow helicopter crashes in Gulf of Mexico
Offshore helicopter operator Bristow said on Sunday that one of its helicopters, registration N577AL, was involved in an accident at about 12 p.m. Central Time on Sunday in the Gulf of Mexico.
Egypt invites bids for ten offshore blocks in Red Sea
Egypt’s Ministry of Petroleum and Mineral Resources has offered 10 offshore blocks in the Red Sea to interested oil and gas companies.
Qatar Petroleum buys into Eni’s offshore block in Mozambique
Qatar Petroleum has signed a deal to farm into Eni’s Block A5A in the Angoche basin offshore Mozambique. Qatari state-owned oil and gas company will acquire a 25 percent interest.
AOD jack-up wins three-year extension in Middle East
Asia Offshore Drilling Limited (AOD) has secured a three-year contract extension for a jack-up drilling rig in the Middle East.
McDermott and BHGE land Greater Tortue Ahmeyim award
McDermott and Baker Hughes, a GE company (BHGE) have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.
Transocean bags Petrobras contracts for ex-Ocean Rig drillships
Offshore drilling giant Transocean has secured contracts for ultra-deepwater drillships, the Ocean Rig Corcovado and Ocean Rig Mykonos with Brazil’s Petrobras.
DEA aligns Norwegian offshore license with Dvalin development
German oil company DEA has aligned PL 211 partners and equities with the Dvalin license offshore Norway.
UK oil production in 2018 reached 2011-high. Gas output, capex down
UK oil and gas industry had a successful year in 2018, as it saw oil and gas production increase by more than 4% in 2018, averaging 1.7 million boe per day. This was mostly achieved by oil production, as gas production declined, a new report from the Oil and Gas Authority reveals.