Fossil Energy
Johan Sverdrup safety and electrical facilities need improvement, PSA says
The Petroleum Safety Authority (PSA) has found several improvement points during an audit of the Johan Sverdrup living quarters platform (LQ).
BP selects ABB as main electrical contractor for major upstream projects
Oil major BP has signed a frame-agreement with Zurich-based ABB appointing ABB as one of its global Main Electrical Contractors (MEC).
Anadarko sticks to Mozambique LNG project timeline
Anadarko Corporation is moving its Mozambique LNG project toward FID according to its current schedule following recent incidents in which one person was killed and six injured.
Soco abandons Ophir Energy takeover pursuit
Soco International has decided not to make an offer for Ophir Energy after an original all-share proposal was rejected in January.
ExxonMobil expects earnings to increase by over 140 pct by 2025
ExxonMobil expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins.
Wind Lidars Supporting Offshore Rigs
Pioneering companies within the Oil and Gas sector are adopting Wind Lidar to provide them with valuable wind data to vastly improve their operational efficiency. Lidar is an established tool that provides sophisticated wind assessment and measurements within the wind energy industry. An infrared la
One worker dead after crane incident on Eni’s offshore platform
One offshore worker has been killed and two injured after a crane-related incident on the Eni-operated platform in the Adriatic Sea.
Jadestone set to spud first Stag well in six years
Jadestone Energy plans to drill infill wells on its Stag and Montara assets both located offshore Western Australia with Stag well set to spud in March this year.
IOG urges shareholders to take no action on RockRose’s “opportunistic” takeover bid
Following RockRose’s unsolicited takeover approach for compatriot oil company Independent Oil and Gas (IOG), IOG has reiterated its rejection, deeming the proposal opportunistic.
Update: Mermaid Maritime denies selling dive support vessel for demolition
Offshore vessel provider Mermaid Maritime has denied reports that it has sold one of its dive support vessels for demolition.
Subsea 7 confirms three Woodside contracts
Offshore installation and construction company Subsea 7 has confirmed it has been awarded three engineering, procurement, construction, and installation contracts with Woodside since December 2018.
BP executes frame agreement for using Enpro Subsea’s FAM technology
Oil major BP and Enpro Subsea have executed a global frame agreement aimed at providing an enhanced subsea architecture and smart standardization using Enpro’s patented Flow Access Module (FAM) technology.
OSM Maritime founder steps up to chief executive position
Norwegian marine-services provider OSM Maritime Group has appointed the founder of the company as its chief executive officer.
Heerema gets lifting method qualification certificate from DNV GL
Dutch company Heerema Marine Contractors (HMC) has received its technology qualification certificate from DNV GL for its QUAD lift method.