Fossil Energy
Guyana: Almost three billion boe of recoverable oil potential found in Orinduik block
A competent persons report on Tullow’s Orinduik block off Guyana has identified 2,9 bboe of P50 (best estimate) reserves.
California governor signs bill to block offshore oil drilling
Governor of California has signed two pieces of legislation to block new offshore oil drilling along California’s coast.
Oil & Gas UK warns about the impact of record low drilling activity
Oil & Gas UK, a representative body for the UK’s offshore industry, on Tuesday warned the sector is at a crossroads.
Swire Seabed to provide subsea services for Wintershall
Swire Seabed has secured a framework agreement with Wintershall for the provision of marine subsea services in the North Sea.
Azinam enters two licenses offshore South Africa
Azinam Limited has acquired a 40% operating interest in Block 3B/4B and a 51% operating interest in Nearshore Block 3B/4B in the Orange Basin, offshore South Africa.
SBM Offshore settles Yme insurance claim
SBM Offshore has reached full and final settlement of its insurance claim related to Repsol’s failed Yme development project located in the North Sea offshore Norway.
N-Sea starts IRM campaign in North Sea
N-Sea has won a contract and started the campaign in the North Sea for an undisclosed oil and gas development and production company.
Heerema orders piles for Noble’s Leviathan field from EEW
EEW Special Pipe Constructions GmbH has received an order from HMC for 16 pin piles for the Leviathan project offshore Israel.
Oceaneering bags new order for Shell’s Vito project
Oceaneering has entered into a contract with Subsea 7 to supply umbilical and flying leads for Shell’s Vito development.
Cox-Energy XXI merger to go through in early October
Energy XXI Gulf Coast (EGC) has entered into an amendment to the agreement and plan of merger with Cox Oil LLC.
Veolia-Peterson to support Allseas in North Sea decom project
Veolia-Peterson has signed a contract with Allseas for work on a ‘major’ Northern North Sea decommissioning project.
Oil majors submit application for CO2 storage project off Norway
Partners in the Northern Lights project have submitted an application for an exploration permit for a subsea reservoir for injection and storage of carbon dioxide on the Norwegian Continental Shelf.
Vard finds buyer for subsea vessel left after Harkand collapse
Offshore shipbuilder Vard has found a buyer for a diving support and construction vessel (DSCV) previously ordered by Harkand.
Njord Partners takes majority stake in Geoquip Marine
Geotechnical engineering and drilling company Geoquip Marine has attracted an investment from Njord Partners.