Fossil Energy
Proserv divests Scotland-based specialty machining business
Proserv, a controls technology company, has sold its Coatbridge, Scotland-based speciality machining business, formerly known as KRG Industries.
Offshore regulator finds safety issues on Ringhorne
The Petroleum Safety Authority has found non-conformities related to electrical facilities on the Ringhorne platform offshore Norway.
Interview: Higher oil prices alone can’t save debt-laden OSV players
There is a long ride ahead for the offshore support vessel owners, and some of them might not make it to the finish line
Seadrill, Sonangol create JV company Sonadrill in Angola
Oslo-listed offshore drilling company Seadrill has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.
ExxonMobil strikes two more oil finds offshore Guyana
U.S. oil major ExxonMobil can’t stop finding oil in Guyana. After a string of discoveries last year, the company on Wednesday said it had made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12.
Corallian spins drill bit on Colter well offshore UK
UK-based Corallian Energy has begun drilling operations on the Colter appraisal well using one of Ensco’s jack-up drilling rigs.
Aker BP profit jumps on higher production
Aker BP saw an increase in fourth quarter 2018 profit driven by higher production and revenues.
Anadarko working to sell 2 MTPA of LNG ahead of Mozambique FID
U.S. oil and gas player Anadarko is making progress with the development of the vast gas resources discovered in its offshore block in Mozambique and is working on executing a sale contract for 2 MTPA of LNG a year prior to making the final investment decision.
ADNOC dishes out award for construction of Ghasha artificial islands
ADNOC has awarded a contract to the UAE’s National Marine Dredging Company (NMDC) for the construction of artificial islands to develop, drill, and produce gas from the Ghasha offshore concession.
Equinor profit up on higher prices
Equinor recorded an increase in profit during the fourth quarter of 2018 compared to the year earlier period helped by higher prices and record production.
Vestland Offshore scores charters for vessel duo
Norwegian vessel owner Vestland Offshore has scored contracts two of its offshore vessels, the Vestland Artemis and the Norsea Fighter.
Aker BP granted drilling permit for two North Sea wells
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for two wells located in the North Sea offshore Norway.
Airborne Oil & Gas elects new vice president in Brazil
Thermoplastic composite pipe manufacturer Airborne Oil & Gas has named a new vice president of its Brazilian operations.
Trump picks ex-oil lobbyist to head Department of Interior
U.S. president Donald Trump has nominated David Bernhard as the new Secretary of the Department of Interior.