Fossil Energy
Faroe Petroleum spuds Rungne well offshore Norway
Faroe Petroleum has started drilling the Rungne exploration well in the Norwegian sector of the North Sea.
Petrobras: Binding-phase begins for Ceara cluser sale
Brazilian oil giant Petrobras has announced the start of the binding phase for the sale of its entire stake in the Ceará cluster, located in shallow waters in the Ceará basin.
Husky selects Van Oord for West White Rose development support
Canadian oil company Husky Energy has selected Dutch offshore and dredging services specialist Van Oord to do offshore installation works at the West White Rose development Project of the east coast of Newfoundland, Canada.
BP starts production from Thunder Horse Northwest Expansion
British oil giant BP has started production from its Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule. Per BP, the project was delivered 15 percent under budget.
Energy XXI, Cox merger nearly done
After a recent delay, Energy XXI Gulf Coast (EGC) and Cox Oil (Cox) are on Thursday expected to complete the previously announced merger deal.
Date set for shareholder vote on Tidewater-GulfMark merger
The U.S. offshore vessel owners Tidewater and GulfMark Offshore have sent a joint letter to their respective shareholders urging them to vote for the previously proposed merger of the two companies.
Woodside’s GWF-2 offshore development 98% complete
Woodside’s Greater Western Flank Phase 2 development project offshore W. Australia is almost complete and ready for production.
UK: The Underwater Centre stops trading. 50 jobs at risk
The Underwater Centre, a subsea training center in Fort William, Scotland, has been placed under administration.
Equinor sells Norwegian field stake in further push to focus portfolio
Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for $220 million.
New Age confirms additional resources in Etinde permit
New Age has completed a two-well appraisal campaign at the Etinde block offshore Cameroon and confirmed additional resources in the block.
SDX, BP terminate talks on Egypt assets sale
North Africa-focused oil company SDX Energy has terminated talks for a potential acquisition of assets in Egypt from BP.
Archer begins new chapter in delivery of platform drilling services to Equinor
Archer transitioned over four new and nine existing operations to the “Drilling Services Fixed Platforms” contract with Equinor previously awarded on April 3, 2018.
Standard Drilling gets rid of several platform suppliers
Standard Drilling has completed a sale of two of its six medium-sized PSVs and completed a sale-leaseback deal for the FS Arendal.
Talos, Hokchi swap interests offshore Mexico
U.S. oil firm Talos Energy has signed an agreement with Hokchi Energy to cross-assign Talos’ Participating Interest (“PI”) in Block 2 and Hokchi’s PI in Block 31, both in the Sureste Basin offshore Mexico.