Fossil Energy
Solstad’s Far Sleipner vessel in long-term charter with Total
Norwegian offshore vessel operator Solstad Offshore has secured a long-term contract for the Far Sleipner construction support vessel (CSV).
Drilling Systems sheds consultancy firm via management buy-out
Simulator manufacturer Drilling Systems, a part of the 3T Energy Group, has sold the consultancy side of its business in a management buy-out.
Report: COSL buys 42-year-old drilling rig Stena Clyde for $11 million
Chinese offshore drilling company COSL has reportedly bought the 1976-built offshore drilling rig Stena Clyde for $11 million.
Update: PTTEP beats Chevron to Erawan, Bongkot field operatorship
Thailand’s PTTEP oil and gas company has won the rights to operate two offshore blocks in Thailand containing the producing Erawan and Bongkot gas development, beating bids made by the U.S. major Chevron.
Norway: Offshore drillers told to fix lifeboat issues after regulatory breaches spotted
The Petroleum Safety Authority Norway (PSA) has given a trio of order notices to Maersk Drilling, Transocean, and Odfjell Drilling.
Construction starts on one of the largest offshore developments in Europe
Norway’s Kvaerner and Aker Solutions have cut the first steel plate for phase 2 of the Equinor-operated Johan Sverdrup field development offshore Norway.
Banks support Siccar Point with extended debt facility ahead of ‘exciting’ 2019
Siccar Point Energy, a North Sea-focused oil and gas player, has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending facility limit
ADES bags 7-year renewal for jack-up rig
ADES International has been awarded a contract renewal for Admarine 657 rig in Saudi Arabia.
NAO picks up two-year charter for NAO Viking PSV
Nordic American Offshore has been awarded a two-year fixed contract for one of the company’s platform supply vessels.
Canada: BP done with Aspy well plugging. Moves rig away
BP has completed the plugging and abandonment of the Aspy-1 well offshore Nova Scotia, Canada, and the drilling rig has moved away.
Total drops 4 pct interest in Ichthys project for $1.6 billion
Total has signed an agreement to divest a 4% interest in the Ichthys liquefied natural gas (LNG) project in Australia to operating partner Inpex for an overall consideration of $1.6 billion.
Another offshore duster for Equinor
Equinor has concluded the drilling of two wildcat wells offshore Norway, resulting in one dry well and one minor oil discovery.
Green light for Pacific Drilling to relist on NYSE
Pacific Drilling has received approval to relist its common shares on the New York Stock Exchange.
ExxonMobil sanctions W. Barracouta offshore gas field. First gas in 2021
ExxonMobil has made made a final investment decision to develop the West Barracouta gas field in Bass Strait to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin.