Fossil Energy
Rowan finds jobs for two jack-up rigs
Offshore driller Rowan Companies has been awarded contracts for two of its jack-up drilling rigs.
Venezuelan navy cuts off ExxonMobil vessels over Guyana border dispute
Venezuela’s navy over the weekend intercepted two vessels operating in Guyanese waters for ExxonMobil, claiming they were was operating within Venezuelan territory.
Construction of Nord Stream 2 pipeline goes on despite calls for cancellation
Pioneering Spirit has joined Nord Stream 2’s construction fleet and started pipelay works in the Finnish Exclusive Economic Zone.
Prosafe wins two North Sea jobs
Prosafe has been awarded two contracts for operations in the UK sector of the North Sea.
Byron’s SM71 project on track to reach payout within year of initial production
Byron Energy has said that its operated South Marsh Island Block 71 (SM71) F Platform located in the U.S. Gulf of Mexico is matching its previous production and cashflow forecasts and will reach payout within one year of initial production. According to Byron’s statement from Friday, December 21, 20
Enpro Subsea moves into new UK headquarters
Oil and gas production optimization specialist, Enpro Subsea, has moved into its new UK headquarters.
Popular news, December 17 – 23, 2018
Offshore Energy Today’s most popular news of the past week.
U.S. offshore rig count goes up to 24 units
The number of offshore rigs in the U.S. increased to 24 units last week, according to a Friday report by Baker Hughes, a GE company.
OMV closes Tunisia deal with Panoro
Austria’s OMV has closed the previously announced transaction to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy.
Aker BP gets drilling permits for two North Sea wells
The Norwegian Petroleum Directorate has granted Aker BP drilling permits for two wells located in the North Sea offshore Norway.
Bassoe – A good year turned bad: offshore rig backlog fell in 2018
By: David Carter Shinn, Bassoe Offshore You could say offshore rig owners dug themselves a deeper hole, but that could be misleading. We’ll sum this up quickly. About six months ago, things were looking pretty good for the offshore rig market (at least on the surface). Momentum (and positive sentime
Total-Petrobras alliance bears fruit
French Total and Brazil’s Petrobras have taken new steps forward in the scope of their strategic alliance from March 2017.
DNO further increases stake in Faroe
Norwegian oil and gas operator DNO ASA has increased its stake in oil and gas explorer Faroe Petroleum despite the latter’s objections to the former’s hostile takeover bid. Before the latest acquisition announced on Thursday, DNO owned a 28.22 percent in Faroe Petroleum. In a statement on Thursday D
BP boosts Clair stake after closing ConocoPhillips deal
Oil major ConocoPhillips has completed its previously announced sale to BP of a ConocoPhillips subsidiary that holds a 16.5 percent interest in the BP-operated Clair Field off the UK.