Fossil Energy
Equinor, Esvagt extend cooperation in Norway
Norwegian oil major Equinor and vessel provider Esvagt have extended their cooperation in the southern part of the Norwegian sector.
Byron produces one million barrels of oil from Gulf of Mexico project
Byron Energy has produced more than 1 million barrels of oil from its operated South Marsh Island Block 71 F platform located in the U.S. Gulf of Mexico.
Vryhof businesses pick up $75 million worth of contracts
Vryhof’s three businesses – Deep Sea Mooring, Vryhof Anchors, and Moorlink – have won up to $75 million in new contracts.
GALLERY: Incat Crowther-designed crewboat delivered to PSA Marine
Shipbuilding and repair company Lita Ocean has delivered an Incat Crowther-designed crewboat to Singapore-based PSA Marine.
LLOG: Nearly Headless Nick discovery slated for 2019 start-up
U.S. Gulf of Mexico operator LLOG has confirmed making the Nearly Headless Nick discovery on Mississippi Canyon block 38. The discovery, first announced last week LLOG’s partner BP, is set to be brought on stream this year, LLOG, the operator, said.
Equinor, Shell, and Total get nod for offshore CO2 storage in Norway
Norway has given permission to Equinor and its partners Shell and Total to develop CO2 storage on the Norwegian Continental Shelf.
Ensco raises Rowan bid. Says proposal is final
Offshore drilling company Ensco has raised its offer for rival Rowan Companies, offering an increase in the exchange ratio for its all-stock combination with Rowan. The increased offer comes a week after it was announced that one of Rowan’s major shareholders, Canyon Partners, would oppose the merge
Trans Adriatic Pipeline secures $4.5 billion financing deal
TAP secured project financing worth EUR 3.9 billion in December 2018 making it the largest financing agreement for a European infrastructure project in 2018.
OMV boosts estimated Wisting discovery volume figures
Over the past year, OMV noted a rise in estimated recoverable volumes in the company’s Wisting discovery in the Barents Sea offshore Norway.
Equinor gains consent to use Transocean rig for Norwegian Sea drilling
Equinor has received consent from the PSA for exploration drilling in the Norwegian Sea using the Transocean Spitsbergen rig.
Lundin sees increase in reserves and contingent resources
Lundin Petroleum has identified an increase in reserves and contingent resources at the end of 2018, mostly due to reserves additions from the Johan Sverdrup and Edvard Grieg as well as from the Alvheim area.
Pico hits pay in South Ramadan concession offshore Egypt
Pico Oil has encountered oil pay at its well located in the South Ramadan concession offshore Egypt.
Eni signs MoU for petroleum exploration in block offshore Bahrain
Eni has signed a memorandum of understanding with the National Oil and Gas Authority of the Kingdom of Bahrain with the aim to pursue petroleum exploration of offshore Block 1.
Faroe directors resign as DNO takeover imminent
Faroe Petroleum’s executive directors have given notice of resignation amid DNO’s imminent full takeover over the North Sea oil and gas player.