Fossil Energy
Maersk Supply vessels to support Chevron’s Gorgon drilling program
Offshore support vessel operator Maersk Supply Service has been awarded a contract with Chevron Australia which will see two of its newbuild anchor handling tug supply vessels support the Gorgon Stage Two drilling program.
Driven by multi-client sales, CGG to see spike in revenues
An increase in CGG’s revenues in the last quarter of 2018 was driven by the highest quarterly revenues in the multi-client sales segment since 4Q 2015.
KrisEnergy brings Thai field back online following tropical storm
Oil and gas company KrisEnergy has restarted production at the Wassana field in the G10/48 license in the Gulf of Thailand.
WoodMac sees North Sea exploration comeback and uptick in development expenditure in 2019
According to Wood Mackenzie, five themes that will dominate the market in 2019 include the comeback of North Sea exploration and, although the deal spend will slow, it will remain the seller’s market. WoodMac also sees an uptick in development expenditure in 2019 but production will remain flat. In
Solstad scores charters for CSV duo
Norway’s offshore vessel owner Solstad Offshore has secure work for two of its offshore construction vessels.
DNO lifts takeover offer for Faroe Petroleum to 160p a share
Norway’s DNO has increased its takeover offer for Faroe Petroleum. The company which in November launched a hostile takeover bid of 152 pence a share, on Tuesday said the new and final offer was 160 pence in cash for each Faroe Share it didn’t already own.
MOL hits dust in North Sea well
MOL Norge is in the process of concluding the drilling of a wildcat well in the North Sea offshore Norway. The well is dry.
BP taps TechnipFMC for Atlantis project work
TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract by BP for the Atlantis Phase 3 project located in the Gulf of Mexico.
PGS firms up vessel sale agreement with JOGMEC
Norwegian seismic services provider PGS has signed a vessel sale agreement for the Ramform Sterling with JOGMEC.
BP approves expansion of Atlantis field, makes two oil discoveries near Na Kika platform
BP has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.
UK: 2500 offshore workers accept OCA pay offer
Some 2500 offshore workers in the UK represented by Unite the union have accepted the revised pay offer from the Offshore Contractor Association following an online ballot on a 71 percent turnout.
Shell preparing to spud offshore Bulgaria well using Noble Corp. drillship
Oil giant Shell is getting ready to start drilling an offshore well in Bulgaria using a Noble Corporation drillship.
Worldwide offshore rig count goes up in December
The worldwide offshore rig count in December 2018 increased by 30 units from November of the same year and increased by 49 units year-over-year, according to a Tuesday report by Baker Hughes, a GE company.
DNO slams Faroe’s ‘glossy’ report amid Oda field reserves downgrade
Norway’s DNO is not letting off Faroe Petroleum’s management, this time criticizing its target company’s recent ‘glossy’ resource report following Norwegian authorities downgrade of the estimated reserves of the Oda offshore field in which Faroe owns a share.