Fossil Energy
Westcon preparing ‘Seven Viking’ for hybrid operation
The appetite is growing for hybrid offshore vessels in Norway, as Westcon has recently secured several contracts to convert conventional OSVs to hybrid operation.
Oil price growth won’t last, BP CEO says
The world has seen the oil prices rebound from lows of under $30 a barrel in early 2016 to an average of above $50 in 2017, and today they’re at $76 a barrel or so. So, will the growth continue, will price levels last? BP’s CEO Bob Dudley does not think so.
ConocoPhillips set to boost Ekofisk output with water injection
The Norwegian Petroleum Directorate has consented to the start up on the ConocoPhillips-operated installation Ekofisk 2/4 VC in the North Sea.
Catalyst farms out UK license to Cairn, inks rig deal with Transocean
Cairn Energy has farmed into Azinor Catalyst’s Agar Plantain well and the P1763 Licence on the UK Continental Shelf.
Prosafe in further flotel talks with Cosco
Prosafe, the Oslo-listed provider of offshore flotels has further extended its standstill agreement for delivery of Safe Nova and Safe Vega accommodation rigs built by Cosco in China.
Newbuild Skandi Recife starts Petrobras charter
Skandi Recife, a Brazilian-flagged flexible lay and construction vessel owned by a joint venture between TechnipFMC (50%) and DOF (50%), started its eight-year charter contract with Petrobras.
Kongsberg to supply safety and automation systems for Johan Sverdrup Phase 2
Norwegian oil major Equinor has extended an existing contract with Kongsberg for the Phase 2 of the Johan Sverdrup field development.
ADES closes rig deal with Nabors
ADES International has completed the acquisition of three offshore jack-up rigs in the Arabian Gulf from Nabors Industries.
Borr adds another jack-up to fleet with second delivery from Keppel
Singapore’s Keppel Offshore & Marine has delivered the Skald jack-up rig to Borr Drilling.
Azerbaijan, Turkey turn on taps on $8B TANAP pipeline
Azerbaijan and Turkey on Tuesday launched the Trans-Anatolian Pipeline-TANAP- which will carry the Caspian Sea gas to Turkey and then Europe.
Ocean Rig drillship mobilized to Tullow’s well off Namibia
An Ocean Rig-owned drillship has been mobilized to Namibia in preparation for the drilling of Tullow Oil’s Cormorant-1 well planned for September.
Subsea 7 lands new job off Egypt
Subsea 7 has been awarded a sizeable engineering, procurement, installation and commissioning contract offshore Egypt.
ONGC moves 29 rigs ahead of Indian monsoon season
The Oil and Natural Gas Corporation Limited (ONGC) has moved 29 offshore drilling rigs ahead of the Indian monsoon season.
Woodside awards Scarborough survey to Ocean Infinity
Ocean Infinity has been awarded a contract by Woodside Energy for the provision of data in support of the Scarborough field development.