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Fossil Energy

International offshore rig count rises in July
Fossil Energy

International offshore rig count rises in July

The international offshore rig count for July 2018 increased both sequentially and year-over-year, according to a monthly report issued on Tuesday by Baker Hughes, a GE company.

about 8 years ago
Polarcus to end ‘Barbaros Hayreddin Pasa’ contract in October
Fossil Energy

Polarcus to end ‘Barbaros Hayreddin Pasa’ contract in October

The contract between Turkish Petroleum and Polarcus for support work aboard the Barbaros Hayreddin Pasa vessel will come to an end on October 3, 2018.

about 8 years ago
Barakah Offshore inks 5-year contract with Sapura
Fossil Energy

Barakah Offshore inks 5-year contract with Sapura

Malaysia’s Barakah Offshore has secured a long-term contract to provide offshore services to Sapura Exploration and Production in Malaysia.

about 8 years ago
Aker Solutions in Johan Sverdrup hook-up
Fossil Energy

Aker Solutions in Johan Sverdrup hook-up

Norway’s Aker Solutions has, together with Kvaerner, secured additional hook-up and commissioning work for Equinor’s Johan Sverdrup field offshore Norway.

about 8 years ago
Petronas hires two Velesto rigs
Fossil Energy

Petronas hires two Velesto rigs

Velesto Energy has received two letter of awards from Petronas Carigali for the provision of jack-up drilling rig services.

about 8 years ago

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Petrobras gets $272M as part of Operation Car Wash
Fossil Energy

Petrobras gets $272M as part of Operation Car Wash

Brazilian oil firm Petrobras has received a return of R$ 1.034 billion ($272,5 million) with the help of Brazilian prosecutors as part of the Operation Car Wash.

about 8 years ago
Scottish Gov’t injects another $6.45M to decommissioning fund
Fossil Energy

Scottish Gov’t injects another $6.45M to decommissioning fund

An additional £5 million ($6.45M) has been made available by the Scottish Government to the country’s supply chain to help maximize the economic benefit to Scotland from decommissioning of North Sea infrastructure.

about 8 years ago
Ocean Rig in talks to reactivate warm-stacked rigs as inquiries hit 2012 high
Fossil Energy

Ocean Rig in talks to reactivate warm-stacked rigs as inquiries hit 2012 high

Ocean Rig has said that inquiries for offshore rigs have risen to the levels of 2012, which the driller will hope to turn into firm contracts.

about 8 years ago
Cue Energy gets more time to prepare for Ironbark-1 drilling
Fossil Energy

Cue Energy gets more time to prepare for Ironbark-1 drilling

Cue Energy has received a one-year extension and suspension for future work on the WA-359-P permit offshore Australia.

about 8 years ago
Havila Shipping sheds 22-year-old platform supplier
Fossil Energy

Havila Shipping sheds 22-year-old platform supplier

Havila Shipping has entered into an agreement for the sale of one of the company’s platform supply vessel.

about 8 years ago

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Wood helping with concept selection for Scarborough field
Fossil Energy

Wood helping with concept selection for Scarborough field

Woodside has said the cost of development of the Scarborough field could fall in the range between $8.5 billion and $9.7 billion.

about 8 years ago
WorleyParsons bags Buzzard II topsides deal
Fossil Energy

WorleyParsons bags Buzzard II topsides deal

Engineering and construction company WorleyParsons has been awarded a topsides module work as part of Buzzard II field development in the UK approved earlier this week by the operator Nexen.

about 8 years ago
Quadrant Energy sees elevated gas readings at Phoenix South-3 well
Fossil Energy

Quadrant Energy sees elevated gas readings at Phoenix South-3 well

Quadrant Energy has noticed elevated gas readings during drilling operations on the Phoenix South-3 well, indicating the presence of hydrocarbons.

about 8 years ago
RockRose Energy in Arran field swoop. FDP in September
Fossil Energy

RockRose Energy in Arran field swoop. FDP in September

Arran is a gas condensate field located in the central North Sea approximately 240 km east of Aberdeen

about 8 years ago