Fossil Energy
CGG returns to profit in 2Q
CGG returned to profit in the second quarter of the year as its revenues fell by 3 percent.
TGS sees seismic market improving. Starts UK survey
Norway’s TGS has kicked off acquisition the new Erlend Wild West multi-client 3D seismic project. Separately, the company has announced strong quarterly results.
Ex-Ocean Installer man joins Swire Oilfield as CFO
Swire Oilfield Services, a provider of offshore containers and oilfield services, has appointed a new chief financial officer.
COSL in 7-year framework agreement with Wintershall
COSL Drilling Europe AS has signed a framework agreement with Wintershall for the potential use of its semi-submersible rigs.
CCB lands Stena Spey SPS job
Norway’s Coast Center Base (CCB) has been awarded a contract for a Special Periodic Survey of the Stena Spey offshore drilling rig.
Peregrino II drilling facility modules set sail for Texas
Equinor has informed that modules for the Peregrino Phase II drilling facility began its journey to Brazil for stacking and testing.
Rowan sinks deeper into the red
Offshore driller Rowan Companies sank deeper into the red as its revenues fell amid lower rig utilization and dayrates. The driller reported a net loss of $76.7 million compared to a net loss of $28.7 million in the second quarter of 2017.
Mexico approves Eni’s development plan for Area 1 discoveries
Mexico’s CNH has approved Eni’s development plan (PoD) for the discoveries of Amoca, Miztón and Tecoalli off Mexico.
McDermott books profit jump in 2Q
McDermott saw an increase in its second quarter 2018 profit on the back of higher revenues driven by projects for Saudi Aramco and Woodside.
Anadarko targets first half of 2019 for Mozambique LNG FID
Anadarko Petroleum expects to make a Final Investment Decision (FID) for its Mozambique LNG project in the first half of 2019.
Royal IHC to convert McDermott’s ‘Amazon’ to J-Lay vessel
McDermott has revealed its modification plans to convert the Amazon construction vessel to an ultra-deepwater J-Lay vessel.
Eni eyes further E&P opportunities in Libya
Head of the Presidential Council of the Libyan Government of National Accord has met with the CEO of Eni to discuss future exploratory opportunities and development investments in the country.
ARO wins 18 years worth of offshore drilling contracts with Saudi Aramco
The U.S. offshore drilling company Rowan has informed that ARO Drilling was awarded six three-year contracts by Saudi Aramco for Rowan jack-up rigs currently operating in Saudi Arabia.
McDermott lands subsea tieback deal with Pemex
McDermott has been awarded a sizeable contract award by Pemex for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the Bay of Campeche offshore Mexico.