Fossil Energy
Dubai-based driller gets green light for Oslo listing
Dubai-based shallow-water drilling Shelf Drilling is set to get listed on the Oslo stock exchange (Oslo Børs)
Chiyoda-Synergy JV score Abadi LNG project deal
Japanese oil and gas company Inpex has awarded a pre-FEED contract to the Chiyoda-Sinergy joint venture for the SURF (Subsea Umbilicals Risers and Flowlines) and GEP (Gas Export Pipeline) facilities of the Abadi LNG Project in Indonesia.
Rystad: Borr helping entire jack-up market by pushing up utilization levels
Analysis by Rystad Energy shows that Borr Drilling would emerge with the largest and youngest jack-up fleet if rigs over 35 years were retired in the short term.
Akofs in light well intervention deal with Equinor
Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licenses in the period 2020 to 2025.
Petrobras in non-binding phase of Bauna, Tartaruga Verde sale process
Petrobras has started non-binding phases for the sale of Bauna and Tartaruga Verde fields offshore Brazil.
Japanese duo acquires stake in Norwegian subsea support vessel firm
Norway’s Akastor has agreed to sell a stake in its subsidiary Akofs Offshore to Japanese companies Mitsui and MOL.
Aker BP expands in Barents Sea with new license awards
Norwegian oil company Aker BP has been offered interests in six exploration licenses in the 24th licensing round in Norway.
Alfa Laval to supply pumping systems for North Sea platform
Alfa Laval has won an order to supply Framo pumping systems to an oil platform in the North Sea.
Magseis receives award for survey off southeast Asia
Magseis has received a letter of award for an operation in South East Asia using proprietary MASS nodes.
Lundin awarded stake in three Barents Sea blocks
Lundin Norway, a subsidiary of Sweden’s Lundin Petroleum has been awarded three exploration licenses in the 24th licensing round in Norway.
Lukoil reaches plateau level production at V. Filanovsky
Lukoil has constructed and commissioned the third Phase 2 well on the V. Filanovsky field in the Caspian Sea.
U.S. Gulf of Mexico: Cox Oil buying EGC for $322 million
U.S. Gulf of Mexico oil company Cox Oil is set to buy all the outstanding shares of Energy XXI Gulf Coast (EGC) for $322 million. According to EGC, the agreed price is $9.10 per fully diluted share in cash, representing a 21% premium to EGC’s closing share price on June 15, 2018.
Transocean retires four floaters. Takes $520M charge
Offshore driller Transocean will retire four offshore drilling rigs of which two three are of the ultra-deepwater type and one is a mid-water floater.
Rowan leases another jack-up to ARO for Saudi gig
Rowan Companies has leased one of its jack-up drilling rigs to its joint venture with Saudi Aramco.