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Fossil Energy

Goliat field support vessel to switch to hybrid power
Fossil Energy

Goliat field support vessel to switch to hybrid power

Eni Norge and Simon Møkster Shipping have reached an agreement to ensure reductions in fuel consumption of the Stril Barents vessel.

about 8 years ago
ADNOC takes Shelf rig for operations offshore Abu Dhabi
Fossil Energy

ADNOC takes Shelf rig for operations offshore Abu Dhabi

Shelf Drilling has received a three-year contract award for the Compact Driller jack-up rig with ADNOC Drilling.

about 8 years ago
Rystad: OPEC+ must cut 2019 supply growth or wave goodbye to short term recovery
Fossil Energy

Rystad: OPEC+ must cut 2019 supply growth or wave goodbye to short term recovery

The OPEC + countries must cut 2019 supply growth by 1.5 million bpd if they want oil prices back above $70 next year.

about 8 years ago
Golden Energy to take over vessel management company
Fossil Energy

Golden Energy to take over vessel management company

Golden Energy Offshore Services has entered into a term sheet with Golden Energy Offshore Management Holdings AS (GEOMH) for the possible acquisition of Golden Energy Offshore Management AS (GEOM).

about 8 years ago
OOS International holds keel laying ceremony for new semi-sub vessel
Fossil Energy

OOS International holds keel laying ceremony for new semi-sub vessel

OOS International has held a keel laying ceremony for the OOS Walcheren in China Merchants Heavy Industry’s yard in Jiangsu.

about 8 years ago

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Sapura, Afcon in $720M ONGC offshore platform award
Fossil Energy

Sapura, Afcon in $720M ONGC offshore platform award

Malaysia’s Sapura Energy and India’s Afcons have won a contract with India’s oil and gas company ONGC to build offshore platform and living quarters.

about 8 years ago
Bassoe: Whatcha gonna do with all those rigs, China?
Fossil Energy

Bassoe: Whatcha gonna do with all those rigs, China?

There’s still over 50 newbuild jackups stranded in Chinese shipyards. It’s the end of 2018, and nobody knows when or how many of those rigs are coming to the market.

about 8 years ago
Well-Centric to create ‘largest independent well integrity firm in UK’
Fossil Energy

Well-Centric to create ‘largest independent well integrity firm in UK’

Well-Centric has announced the acquisition of Simmons Edeco Europe from its Canadian owner.

about 8 years ago
Texo selects Port of Blyth as location for new facility
Fossil Energy

Texo selects Port of Blyth as location for new facility

UK’s Port of Blyth will soon be welcoming another new client to its offshore energy hub.

about 8 years ago
Sparrows lands Pemex crane gig
Fossil Energy

Sparrows lands Pemex crane gig

Sparrows Group has signed a five-year blanket order with Pemex to service 41 of its cranes situated on assets in four of the Mexican national oil company’s developments in the region.

about 8 years ago

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NAO finds North Sea work for platform supplier
Fossil Energy

NAO finds North Sea work for platform supplier

Offshore vessel operator Nordic American Offshore (NAO) has been awarded a one-year fixed contract for one of its platform suppliers.

about 8 years ago
Sirius Petroleum adds Precision Energy to portfolio
Fossil Energy

Sirius Petroleum adds Precision Energy to portfolio

Sirius Petroleum has signed a sale and purchase agreement to acquire a 75% stake in Precision Energy Tetra 109 from PEG.

about 8 years ago
Transocean wraps up $2.7B Ocean Rig acquisition
Fossil Energy

Transocean wraps up $2.7B Ocean Rig acquisition

Offshore drilling giant Transocean has become even bigger as it on Wednesday evening announced the completion of the acquisition of Ocean Rig UDW, an ultra-deepwater drilling specialist.

about 8 years ago
Update: Pirates board offshore vessel in Nigeria
Fossil Energy

Update: Pirates board offshore vessel in Nigeria

An offshore vessel was reportedly attacked and boarded by pirates on Tuesday while on its way to an FPSO offshore Nigeria.

about 8 years ago