Fossil Energy
Transocean-Ocean Rig merger: Date set for shareholder vote
Offshore driller Ocean Rig has set a date for its shareholders to vote on a proposal to merge with Transocean.
UK: North Sea opex slightly rose in 2017, OGA says
UKCS operating costs remained stable with a slight rise in 2017, UK’s regulator OGA said on Tuesday in its UKCS Stewardship Survey.
Boskalis, DNV GL and Van Oord will set the OWC 2018 scene
Producing, researching and innovations have led to ever-increasing wind turbines up to 12MW and faster installation methods.
Equinor flips a switch on Johan Sverdrup
Norwegian Minister of Petroleum and Energy on Tuesday officially opened the power-from-shore solution, which will provide the Johan Sverdrup field in the North Sea with electricity for more than 50 years.
Bassoe: Ensco and Rowan just created the mother of all offshore drilling rig owners
The merger between Ensco and Rowan will change the entire offshore drilling industry.
India’s Aban Offshore to acquire UK North Sea license
Aban Offshore has entered into a conditional sale and purchase agreement to acquire a 100% interest in a UKCS production license.
Ten oil platforms evacuated as Hurricane Michael enters Gulf of Mexico
U.S. Gulf of Mexico operators evacuated personnel from ten offshore platforms ahead of the impact of Hurricane Michael which entered the Gulf on Monday.
BP and Serica set completion date for BKR deal after receipt of OFAC license
Serica Energy and BP have received a conditional license and assurance from the U.S. Office of Foreign Assets Control (OFAC) relating to the UK North Sea Rhum field.
Consolidation among drillers paramount to a recovery, WoodMac says
Monday’s news of the proposed merger between offshore drillers Ensco and Rowan came as no surprise to the energy intelligence group Wood Mackenzie
Eni buying BP’s stake in Libyan blocks
Italian oil company Eni has agreed to acquire a 42.5% interest in the BP-operated exploration and production sharing agreement (EPSA) in Libya, as part of a deal signed on Monday that will see the two oil companies resume exploration works in Libya.
Aqualis Offshore completes topside floatover for Bahrain project
Aqualis Offshore has completed the floatover installation of the REGAS topside offshore Bahrain as part of the Bahrain LNG Import Terminal.
Norway to boost funds for geological surveys in Barents Sea
Norway’s government has proposed to increase funding to geological surveying with NOK 50 million ($6.04M).
Gazprom orders four offshore vessels from SSC Zvezda
Russian energy behemoth Gazprom has ordered four offshore vessels from the Zvezda Shipbuilding Complex (SSС Zvezda).
Ensco and Rowan merger to create world’s biggest offshore drilling company by fleet size
Offshore drillers Ensco and Rowan have announced an all-stock merger agreement. The combined fleet will have 82 offshore rigs