Fossil Energy
Corallian finds Colter prospect to be smaller and Colter South larger than expected
Corallian Energy has completed its Colter appraisal campaign off the UK, which has included the Colter North and the new Colter South prospects, discovering that the Colter prospect is smaller but the Colter South prospect is larger than expected.
Seaways takes delivery of two Damen crew suppliers for W. Africa work
Dubai-based vessel operator Seaways International has taken delivery of two Damen Fast Crew Suppliers (FCS) 2206.
PTTEP strikes gas, condensate at Orchid well, offshore Australia
Thai oil and gas company PTTEP has made a gas and condensate discovery at the Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia.
Equinor gets safety nod for extended operation of Gullfaks C
Norwegian oil and gas company Equinor has received consent from the country’s offshore safety agency to extend the life of the Gullfaks C platform and associated pipelines located offshore Norway. The Petroleum Safety Authority (PSA) said on Friday that Equinor had applied for consent to extend the
Notice of order for Leiv Eiriksson rig following safety audit
The Petroleum Safety Authority has given a notice of order to Ocean Rig regarding the working environment and emergency preparedness on the Leiv Eiriksson rig.
Northwest Europe MODU market – Could 2019 demand exceed availability?
Since the oil price crash in 2014, the global MODU market has suffered through a rig demand collapse, which coupled with a vast oversupply of units resulted in dismal utilisation and dwindling day rates.
DEA extends offshore oil field concessions in Egypt
German oil company DEA has said it has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez, offshore Egypt. The two fields are among the oldest producing fields in Egypt.
Worldwide offshore rig count in February up both sequentially and year-over-year
The worldwide offshore rig count for February 2019 increased by 6 units sequentially and by 59 units year-over-year, according to Thursday’s report by Baker Hughes, a GE company (BHGE).
Premier Oil turns to full-year profit. Achieves record production
UK-based oil company Premier Oil reported a net profit in 2018 of $133.4 million, on the back of record production.
Glomar Offshore buys two Bourbon vessels
Offshore support vessel owner Glomar Offshore has bought two multi-purpose vessels from Bourbon Offshore.
Boskalis posts 2018 loss on impairments. Revenue up
Boskalis said the result was in line with expectations, adding that the loss was a result of an almost entirely non-cash extraordinary charge
Byron Energy closes acquisition of Gulf of Mexico block
Byron Energy has closed the acquisition of South Marsh Island Block 58, SM 58 E1 producing wellbore, and the associated SM69 E platform and flowlines.
Morrison doubles pipelay barge fleet
Chet Morrison Contractors has acquired two pipelay/construction barges and a saturation diving system, effectively doubling the size of its pipelay barge fleet and increasing its saturation diving capabilities.
UK’s Oil and Gas Authority appoints new chairman
The UK Government has appointed a new chairman of the Oil and Gas Authority (OGA).