Fossil Energy
Helix Energy back to the black
Helix Energy Solutions returned to profit in the second quarter of the year helped by higher revenues from its Well Intervention and Robotics businesses.
BP restarts drilling offshore Canada after June leak
BP has resumed drilling operations offshore Nova Scotia, Canada, after it had stopped it following an offshore leak in June.
Transocean retires four floaters, lands new semi-sub deals
In the last three months since its previous fleet status report, offshore driller Transocean has landed new contracts and extensions but has also seen dayrates cut for several of its drillships while four floaters have been retired.
UK: Equinor pushes back Verbier appraisal drilling
Norwegian oil major Equinor has moved back drilling of the Verbier appraisal well to the mid to late fourth quarter of 2018.
Reach Subsea hires ‘Havila Harmony’ as U.S. business picks up
Norway’s offshore services provider Reach Subsea has chartered the Havila Harmony subsea support vessel to help with recently awarded contracts to its Houston office.
Thematic session: Subsea cables systems
A number of concurrent developments lead to increased research into subsea power systems and subsea cables.
Lukoil completes production well drilling in Caspian Sea
Russian oil company Lukoil has completed drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.
Offshore safety body spots irregularities during Ringhorne audit
Norwegian offshore safety body has found several non-conformities and improvement points during an audit of Point Resources’ Ringhorne platform.
Ocean Rig says rig demand picking up. Announces new deals
Market demand in the offshore floating rig sector is looking up, offshore driller Ocean Rig’s CEO said on Monday, revealing new contracts for its fleet.
Unite workers begin strike on Total’s North Sea platforms
Following reports earlier this months that Unite workers will begin a strike on Total’s UK North Sea platforms, this is exactly what’s happened.
Exxon boosts Guyana block resource estimate to 4 billion barrels
ExxonMobil has boosted its estimate of recoverable oil in its offshore Guyana block to 4 billion oil-equivalent barrels, up from the previous estimate of 3.2 billion oil-equivalent barrels.
Former Songa Offshore CFO joins Teekay Offshore
Teekay Offshore has been appointed Jan Rune Steinslandas as Chief Financial Officer (CFO) of Teekay Offshore Group Ltd and will assume the position on September 3, 2018. The interim CFO Tim Cowan will step down but will remain available for a period of time to ensure a smooth transition. Presenting
Shell enters two blocks offshore Mauritania
Shell has signed two Production Sharing Contracts with the government of Mauritania for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19.
Kim Heng buys two offshore support vessels
Kim Heng Offshore & Marine Holdings Limited has acquired two offshore support vessels, Lewek Lynx and Swissco Summit.