Fossil Energy
Saipem to support operational life of Zohr field
Saipem, in consortium with Petroleum Marine Services (PMS), has been awarded a contract for life of field operations in the framework of Petrobel’s Zohr deepwater field development in the Mediterranean Sea offshore Egypt.
Yonhap: Hyundai Heavy axes executives in offshore & engineering unit
South Korean shipbuilder Hyundai Heavy Industries has reportedly decided to cut about a third of its executives in the offshore and engineering division.
Eni, HitecVision to set up new upstream player in Norway
Italy-based energy company Eni and private equity investor HitecVision have made an agreement to merge Point Resources into Eni Norge and rename the company Vår Energi.
Soco International exits Africa. Focus solely on Vietnam
Soco has entered into a sale and purchase agreement for the sale of its entire shareholding in Soco Cabinda Limited.
Swala gets extension for Orca transaction closing date
Orca Exploration Group has further extended the date by which the second and third closing of the $130 million acquisition of a stake in Orca’s PAE Pan African Energy must be completed.
BP brings online $28B Shah Deniz 2 offshore project in Azerbaijan
BP’s giant Shah Deniz 2 gas project in Azerbaijan has been launched including its first commercial gas delivery to Turkey, the UK oil and gas firm said on Monday.
U.S. oilfield services giant helping OKEA keep offshore projects cost-efficient
U.S. oilfield services giant Halliburton will provide Norwegian oil firm OKEA with its cloud and field development planning services for all OKEA fields in the Norwegian Continental Shelf (NCS).
Shelf buys jack-up rig from Diamond Offshore for $90M
Offshore driller Shelf Drilling has entered into a definitive agreement to buy the Ocean Scepter jack-up drilling rig from Diamond Offshore.
TechnipFMC scoops Zinia 2 job in Angola
TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola.
Norwegian safety watchdog finds irregularities during Martin Linge audit
Norwegian offshore safety watchdog has found irregularities during an audit of Equinor’s Martin Linge production unit project.
Aker BP awards software solution deal to Resoptima
Aker BP has entered a three-year cooperation agreement with Resoptima for the incorporation of its software solutions into Aker BP’s digitalization effort within reservoir management.
Diamond Offshore appoints CFO
Diamond Offshore Drilling has appointed Scott Kornblau as Senior Vice President and Chief Financial Officer.
Popular news, June 25 – July 1, 2018
Read our most popular news of the week.
U.S. offshore rig count climbs to 19
According to a Friday report by Baker Hughes the number of offshore rigs in the U.S. increased to 19 units over last week.