Fossil Energy
Vissim to deliver ocean space surveillance system to Equinor
Equinor and Vissim have reached a global frame agreement to deploy its solution for surveillance of ocean space surrounding all Equinor-operated assets off UK and Norway.
Swissco selling 25 OSVs to Allianz Middle East
The vessels are being sold on an “as-is-where-is” basis, and have historically been used for a range of offshore chartering services
Hess to boost capital budget after two years of stagnation
Hess Corporation will allocate 75% of its 2019 E&P capital and exploratory budget of $2.9 billion to high return assets in the Bakken and Guyana.
ConocoPhillips to keep next year’s capital budget flat
U.S. oil major ConocoPhillips has revealed that its capital expenditure budget for 2019 will be $6.1 billion.
Point Resources, Eni Norge merge into Vår Energi. Create Norway’s ‘largest independent E&P company’
Oil companies Point Resources and Eni Norge have completed the merger, and have as a result established a company named Vår Energi, dubbed Norway’s largest independent E&P company
Azinor Catalyst approached for stake in three upcoming UK wells
Azinor Catalyst has received a Letter of Intent for the acquisition of material non-operated interests in three exploration wells planned for 2019 on its Boaz, Goose and Hinson prospects.
Eni in new oil find offshore Angola
Eni has made a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.
Shell sanctions its 7th North Sea project of 2018 – Shearwater gas hub
Shell has made the final investment decision (FID) for a Shearwater gas infrastructure hub in the central North Sea, marking, Shell says, the company’s seventh FID for Shell in the UK North Sea in 2018.
Qatar Petroleum farms into Exxon’s offshore blocks in Mozambique
Qatari oil and gas company Qatar Petroleum has signed a farm-in deal with ExxonMobil to acquire a 10 percent stake in three offshore exploration blocks in the Angoche and Zambezi basins in the Republic of Mozambique, marking the company’s entry into Mozambique.
Neptune takes over operatorship of Fenja field development
Neptune Energy has taken over the operatorship of the Fenja field development located offshore Norway.
Verus Petroleum sees 12-fold production increase after recent acquisitions
Verus Petroleum has increased production 12-fold with the closing of three latest acquisitions on the UK Continental Shelf.
Equinor picks up consent to use Maersk rig at Gina Krog
Equinor has received consent from the PSA for drilling of two wells on the Gina Krog field using the Maersk Integrator rig.
Report: OMV hires COSL rig for New Zealand operations
Austrian oil and gas company OMV has reportedly hired a jack-up drilling rig owned by COSL Drilling.
Aker BP gains safety consent for Hod appraisal well
Aker BP has received consent from the PSA for exploration drilling in the North Sea using the Maersk Interceptor drilling rig.