Fossil Energy
Most interesting deal of the year award? Noble scores big in newbuild jackup acquisition
Someone other than Borr has finally acquired a newbuild jackup. And other established rig owners are likely to follow.
Equinor in another ‘Safe Boreas’ extension at Mariner field
Norwegian oil firm Equinor has extended the contract with Prosafe for the use of the Safe Boreas offshore accommodation rig in the UK North Sea. Equinor is using the rig to support its Mariner development.
Wintershall marks quarter century of production on Brage
The Wintershall-operated Brage offshore platform is celebrating its 25th anniversary of oil production.
Karoon, Tullow to spud first well in Z-38 block off Peru in 2020
Australian oil and gas explorer Karoon has lifted force majeure from its Block Z-38 offshore Peru, and is looking to drilling the first well at the block in early 2020.
OPEC: No output boost pledge despite Trump calling for it
Oil output increase was not discussed at Sunday’s joint OPEC-Non-OPEC ministerial monitoring committee, despite U.S. President Donald Trump calling for OPEC to lower oil prices via Twitter.
Woodside in new gas discovery at A-6 block offshore Myanmar
Australia’s Woodside has made a new gas discovery at the A-6 block in the Southern Rakhine Basin offshore Myanmar.
Total makes large gas discovery offshore UK
French oil major Total has made “a significant gas discovery” on the Glendronach prospect offshore UK.
Dry hole for Tullow off Namibia
Tullow Oil has encountered non-commercial hydrocarbons at its Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia and the well is being plugged and abandoned.
Archer names chairman and adds new board member
Oilfield services company Archer has elected a new chairman of the company as well as a new board member.
Popular news, September 17 – 23, 2018
Offshore Energy Today’s most popular news of the past week
U.S. weekly offshore rig count unchanged
The number of U.S. offshore rigs remained flat at 20 active units this past week, according to weekly rig count reports released on Friday by Baker Hughes, a GE company.
Transocean bags 300-day deal for newbuild rig with Equinor
Offshore driller Transocean has scored a six-well contract with Equinor for the newbuild, harsh environment semisubmersible Transocean Norge.
Shell in AI, machine learning push
Oil giant Shell has selected C3 IoT with Microsoft Azure as its artificial intelligence (AI) platform to “enable and accelerate digital transformation on a global scale.”
Noble buys new jack-up rig, wins first contract
Noble Corporation has bought a new Gusto MSC CJ46 design jack-up rig from Singapore’s rig builder PaxOcean Group