Fossil Energy
BP gets nod to proceed with $262 M Vorlich field development
UK oil major BP has received approval from the Oil and Gas Authority (OGA) to proceed with the Vorlich development in the central North Sea.
Byron Energy begins SM 71 well recompletion operations
Byron Energy has begun recompletion operations on the F2 well on its Gulf of Mexico South Marsh Island Block 71 project.
Akastor sells half of AKOFS Offshore to Japanese duo
Norway’s Akastor has completed the sale of its 50 percent stake in the offshore service provider AKOFS Offshore.
Qatar Petroleum to further boost North Field output with new LNG train
QP CEO: “This new capacity increase will further strengthen our leading position as the world’s largest LNG producer”
Two-year deal for Solstad Farstad vessel in Qatar
Solstad Farstad has been awarded a contract for one of its platform supply vessels (PSVs) for operations offshore Qatar.
More work for Eidesvik platform supply duo
Eidesvik Offshore has entered into an agreement with Equinor for extension of contracts for two platform supply vessels.
Chevron approached for Rosebank project share
Chevron has received an expression of interest from an unnamed potential buyer for its interest in the Rosebank field off the UK.
Petrel raises funds to cover costs for Ghana assets
Petrel Resources has raised £400,000 ($526,500 ) by placing shares and plans to use the proceeds to fund costs related to its Ghanaian assets.
Vaalco gets 10-year extension for Etame Marin permit
Vaalco Energy has been awarded a ten-year extension for the Etame exclusive exploitation areas through 2028 from the government of Gabon.
Equinor enters subsea pact with Aker Solutions and TechnipFMC
Equinor has signed collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services.
U.S. to offer 70 million acres in Gulf of Mexico lease sale in March 2019
The U.S. authorities have proposed to offer 78 million acres in a Gulf of Mexico lease sale scheduled for March 2019. The sale would include all available unleased areas in federal waters of the Gulf of Mexico.
ADNOC hands out $860M deal for gas development expansion project
ADNOC LNG, a subsidiary of the Abu Dhabi National Oil Company, has signed an engineering, procurement, construction and commissioning (EPC) contract for the second phase of the Integrated Gas Development Expansion (IGD-E) project, with a consortium of Spain’s Tecnicas Reunidas and Abu Dhabi’s Target
UK oilfield services firm ASCO names new CEO
Former CEO of Rotork, a manufacturer of actuator and flow control equipment in the oil and gas sector, joins ASCO.
Total expands presence on Danish Shelf through Chevron Denmark takeover
Total has agreed to purchase from Chevron all the share capital of Chevron Denmark Inc.