Fossil Energy
Rowan clinches new rig deals
Rowan Companies is keeping its rigs busy with contracts in the U.S. Gulf of Mexico, off the UK, and in the Middle East region.
Petrofac, TSE JV to work on gas storage expansion project in Turkey
Petrofac and the TSE have secured a PMC services contract in support of the BOTAS North Marmara Underground Gas Storage Phase III Expansion Project in Turkey.
Baker Hughes to sell gas solutions unit for $375 million
Baker Hughes, a GE company, has made an agreement to sell its Natural Gas Solutions business.
Safety body allows Eni to use flotel on Goliat field
Norwegian subsidiary of oil company Eni has received consent from the PSA to use the Floatel Endurance on the Goliat field.
Mermaid Maritime scoops subsea services deal
Mermaid Maritime has been awarded a subsea services contract with an initial contract value of $16 million in the Middle East.
Thematic session: Exploration in a mature basin
For years in a row the amount of discovered oil and natural gas resources has been less than the produced resources. To meet demand, increased investments in exploration and production are needed, also in mature basins.
Tullow won’t appeal lost rig case. Pays up $248M
Oil company Tullow has paid drilling contractor Seadrill Partners a $248 million fee related to the recent court ruling regarding the rig contract termination case.
Earthjustice sues Trump administration over offshore lease sale
Conservation groups led by Earthjustice have this week sued the Trump administration for opening up more than 78 million acres of the Gulf of Mexico to offshore drilling.
BP’s ETAP development marks 20 years of production
BP’s Eastern Trough Area Project (ETAP) North Sea development celebrated 20 years of production on Wednesday.
Eni wins Most-Admired Explorer title
Italian oil and gas giant Eni has won Wood Mackenzie’s Most-Admired Explorer title, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey. This is the third time in a row Eni has won the award.
Equatorial Guinea orders oil firms to cancel deals with CHC Helicopters
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has ordered petroleum operators to cancel all contracts with CHC Helicopters due to noncompliance with national content regulations.
Equinor gets nod to power Johan Sverdrup from shore
Equinor has received consent to use a facility to supply power from onshore to the Johan Sverdrup field located off Norway.
Carnarvon, Quadrant in ‘transformational’ oil find offshore Australia
Australia’s Quadrant Energy and Carnarvon Petroleum have made what they say is a ‘significant oil discovery’ at its Dorado-1 well drilling campaign offshore Australia.
Wellesley all set for North Sea wildcat
The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the North Sea off Norway.