Fossil Energy
N-Sea wins two North Sea contracts
Subsea services provider N-Sea has been awarded two new contracts with unnamed North Sea operators.
Tullow’s Colibri prospect in Jamaica given resource estimate boost
Tullow’s undrilled Colibri prospect in the Walton-Moran license offshore Jamaica has been given a boost to Gross Unrisked Mean Oil Prospective Resources, following an independent Competent Person’s Report.
PSW Group to use Europe’s largest dry dock for rig maintenance
PSW Group has signed an agreement with Wergeland Holding AS to use Europe’s largest dry dock for drilling units.
Bassoe: Negotiating million dollar deals for breakfast – Shelf takes four stranded jackups from China Merchants
It’s only February, but Shelf has done the deal of the year so far. And China gets some relief for their stranded jackup headache.
Wintershall shuts in Maria field to improve disappointing output
Wintershall has temporarily shut-in production from its Maria field located in the Norwegian Sea while the company is looking at ways to improve the production from the field which has failed to meet its expectations.
OWC 2019: First look at the programme
Join the celebratory tenth edition of the Offshore Wind Conference on October 7 and 8 to discover how offshore wind is powering the energy transition.
Neptune hands in development plans for two North Sea projects
Neptune Energy has submitted development plans for the Duva and Gjøa P1 projects in the Norwegian sector of the North Sea.
Bassoe Analytics goes mobile!
On the back of the success of the website, Bassoe Analytics has decided to go mobile
Europe’s second-largest gas supplier saw 29 pct increase in sales in 2018
Norwegian state-owned giant Equinor sold natural gas for around $26 billion in total in 2018, an increase of 29 percent from 2017.
Wintershall and DEA to axe 1,000 jobs after closing merger
Following the closure, the new entity, Wintershall DEA, plans to increase production by 40% by early 2020 and reduce staff by a total of 1,000 jobs in Germany and Norway.
New drilling contracts pour in for Ensco rigs
Offshore drilling contractor Ensco has secured new drilling contracts for the floater as well as jack-up part of its drilling fleet.
Maersk in push to list Maersk Drilling as standalone company
Danish shipping giant Maersk has started a process to “demerge” its offshore drilling business Maersk Drilling, living up to its August 2018 announcement it would split up with Maersk Drilling and list it as a standalone company, subject to shareholders’ approval.
Noble Corp. slips deeper into the red
Offshore driller Noble Corporation slipped further into the red during the fourth quarter of 2018 as its revenues dropped when compared to the same period in 2017.
Shelf Drilling expanding rig fleet with four China-built jack-ups
Shelf Drilling, one of the world’s largest jack-up drilling rig fleet owners, is set to expand its fleet further with the acquisition of two jack-up rigs, with an option to buy two more from China Merchants.