Fossil Energy
Eni bites dust in well offshore Vietnam
Italian oil major Eni has found no hydrocarbons in an exploration well in Block 120 off Vietnam.
Awilco Drilling stops dividend payments as it enters growth mode
Oslo-listed driller Awilco Drilling will stop paying dividends as the company says it has entered the growth and investment mode, following a recent order of a new rig, to be marketed in the Norwegian sector.
Woodside enters Bulgaria. Buys offshore block stake from Shell
Australia’s Woodside has agreed to acquire from Shell a stake in an offshore block in Bulgaria.
Aker Solutions to deliver umbilicals to CNOOC’s Liuhua oil fields
Aker Solutions has won orders valued at more than NOK 350 million to deliver power umbilical systems to the Liuhua oil fields.
Shelf Drilling’s Trident VIII jack-up scores Nigeria drilling deal
Jack-up rig specialist Shelf Drilling has found more work for its Trident VIII jack-up.
Russia: Go-ahead for Nord Stream 2 pipeline construction
Nord Stream 2 AG has received all necessary permits for the construction of the Nord Stream 2 pipeline in Russia.
Repsol given nod to use Rowan Stavanger rig at Yme field
Spanish oil firm Repsol will be using the Rowan Stavanger jack-up rig to support its work on the Yme field development.
Thematic session: Innovation, collaboration, and cost-reduction
The low oil price has driven cost-reducing innovations and new forms of collaboration in various stages of the oil & gas life cycles.
After years of inefficiency, majors start delivering upstream projects within budget and on time, Woodmac says
The oil and gas industry may have finally turned around from “always delivering upstream projects behind schedule and over budget.”
Eni preparing for Eastern Mediterranean drilling
Italian oil firm Eni has signed a new concession agreement for exploration in the East Nile Delta Basin of the Mediterranean Sea offshore Egypt. The exploration license, named “Nour”, is located approximately 50 km offshore in the Eastern Mediterranean, in water depth ranging from 50 to 400 meters,
Eni gets 10 more years in Great Nooros Area offshore Egypt
Italian oil company Eni has signed a new agreement with the Egyptian authorities for further exploitation and exploration fo the Great Nooros Area in the Mediterranean Sea.
Equinor to drill North Sea exploration well with Deepsea Bergen rig
The PSA has given consent to Equinor for exploration drilling in the North Sea, using the Deepsea Bergen.
Aker BP chooses IKM Subsea for IMR work off Norway
Aker BP has awarded a subsea inspection and light intervention contract to independent ROV operator IKM Subsea.
Infinity picks up ‘substantial’ engineering contract from Apache
Infinity has been awarded a ‘substantial’ contract from oil and gas company Apache for work on the Seagull development.