Fossil Energy
No gas discoveries after two-well drilling campaign in Black Sea
Black Sea Oil & Gas has completed a two-well exploration drilling program in the XV Midia block, offshore Black Sea.
Total selling UK North Sea fields to Serica
Serica will take over a 42.25% interest in the Bruce field and a 25% interest in the Keith field and associated infrastructure.
Noble retires three rigs as net loss deepens
Noble Corporation has retired two semi-submersible rigs and one jack-up rig. The driller’s quarterly loss deepened as its revenues fell.
Subsea 7 in ‘sizeable’ Buzzard field award
Oil company Nexen has awarded Subsea 7 a pipeline bundle contract as part of the Buzzard Phase 2 field development in the North Sea. As part of the contract, Subsea 7 will build and install a 5-kilometer Pipeline Bundle along with associated well and platform tie-ins, and provision of a heavy lift v
Conrad hands in development plan for Mako gas field
Conrad Petroleum has submitted its plan for the development of the Mako gas field located in the Duyung PSC in the Natuna Sea, offshore Indonesia.
Quadrant moves closer to Phoenix South-3 target
Quadrant Energy has set and cemented a liner at around 5,205 meters and is continuing with the Phoenix South-3 well drilling operations.
HydraWell picks up long-term P&A deal in Norway
HydraWell has ben awarded a contract for plug and abandonment and slot recovery operations on a major field on the Norwegian continental shelf.
Neptune makes three senior management additions
Oil and gas company Neptune Energy Group has made three senior appointments in its Aberdeen and London offices.
Three60 expands with Stavanger-based engineering firm buy
Three60 Energy, backed by Simmons Private Equity, has acquired Stavanger-based engineering firm Ridge AS.
Financeability of offshore wind
In 2018 the first subsidy-free tender was won. What will this mean for the future financing of wind farms and which new business models will emerge?
Double Interview – Carlyle and Schlumberger on money and technology
Interview with The Carlyle Group and Schlumberger on investments and technology development
Damen to refit Stena Don semi-sub
Damen Verolme Rotterdam has been awarded a contract by Stena Drilling for a refit of its drilling rig Stena Don.
Bhagwan Marine expands fleet with two vessels
Bhagwan Marine, a vessel operator servicing the oil and gas industry, has expanded its fleet by two vessels.
W&T Offshore 2Q revenues up despite output drop
Gulf of Mexico operator W&T Offshore has said its 2Q 2018 production came at the mid-range of guidance, impacted by well maintenance, weather, pipeline outages, and platform maintenance.