Fossil Energy
Husky extends Henry Goodrich rig deal
Transocean has secured a one-year contract for one of its semi-submersible drilling rigs in Canada.
Carnarvon adds new board member
Australian oil exploration company Carnarvon Petroleum has named a new member of the company’s board of directors.
Development plan for Johan Sverdrup phase 2 to be filed in August
The plan for development and operation for the second phase of the Equinor-operated giant Johan Sverdrup oil development offshore Norway is set to be delivered in August.
Soco: Output from Vietnam fields falls short amid rig delays
Oil production from CNV and TGT fields offshore Vietnam has been below expectations amid operational issues, and more rigs might be needed to alleviate the issue, SOCO International said on Monday.
Edison Chouest to hire more Guyanese workers
U.S. offshore vessel owner Edison Chouest will employ more Guyanese workers aboard its vessels supporting ExxonMobil’s drilling operations in the Stabroek block, offshore Guyana.
Lukoil begins wellhead platform substructure installation on V. Filanovsky
Lukoil has completed transportation and started installation of the substructure for the wellhead platform at the V. Filanovsky field in the Caspian Sea.
Lundin lifts output guidance as second quarter profit tumbles
Lundin Petroleum recorded a decrease in its quarterly profit despite higher revenues.
BP’s 2Q profit four times higher than last year
British oil major BP has reported a profit of $2.8 billion for the second quarter of 2018. This was, the company says, four times the amount reported for the same period in 2017.
Transocean posts $1.1B net loss on impairments
Offshore drilling company Transocean posted a net loss attributable to controlling interest of $1.135 billion. The results were affected by impairments of $1.117 billion.
Aker BP to buy 11 licenses from Total for $205 million
Aker BP has entered into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11 licences on the Norwegian Continental Shelf for a cash consideration of $205 million.
Quadrant spots elevated gas readings during Dorado drilling
Quadrant Energy has observed elevated gas readings at the Dorado-1 well off Australia, further indicating the presence of hydrocarbons.
Otto expands U.S. Gulf of Mexico acreage
Otto Energy has entered into a joint venture with Hilcorp Energy which will see it earn a 37.5% working interest in an eight-well portfolio of prospects in the Onshore/Near Shore USA Gulf Coast (Gulf of Mexico).
Barakah gets service deal with EnQuest in Malaysia
Barakah Offshore has received a letter of award from EnQuest for the provision of maintenance, construction, and modification work in Malaysia.
Eidesvik Offshore CFO resigns to join finance group
Chief financial officer of Eidesvik Offshore has decided to resign from the company.