Fossil Energy
Popular news, May 21 – 27, 2018
The most popular articles of the week.
U.S. offshore rig count flat at 19
The U.S. offshore rig count remained unchanged last week, according to a Friday report by Baker Hughes, a GE company.
Bassoe: Dude, where’s my offshore drilling rig market M&A?
The need for consolidation among offshore rig owners is just as dire as it’s ever been.
Wellesley all set for Serin well
Norway’s Petroleum Safety Authority has given Wellesley Petroleum its consent to drill an exploration well in the North Sea, using the Transocean Arctic drilling rig.
Equinor to extend lifetime of Oseberg’s smallest platform
Norway’s Equinor has been granted consent for continued use of the Oseberg Øst platform located in the North Sea.
Total joins Novatek in $25.5B Arctic LNG 2 project
France’s Total has agreed to acquire a ten percent stake in Novatek’s LNG project to be developed using offshore platforms in northern West Siberia, Russia.
Study: UK North Sea oil & gas industry ‘turns corner’
Optimism seems to be back in the UK North Sea oil and gas industry, as a recent study showed local firms now being equally “optimistic about the North Sea and international markets for the first time since 2013”
AET scores long-term shuttle tanker charter with Petrobras
Petroleum tanker owner and operator AET has extended its partnership in the DP2 shuttle tanker sector with the Brazilian oil company Petrobras.
First steel cut for OOS’ semi-submersible crane vessel
Dutch company OOS International has started construction of a semi-submersible crane vessel (SSCV) OOS Walcheren in China.
Equinor hires Odfjell’s Deepsea Atlantic rig on $160M contract. Pens agreement for more rigs
Odfjell Drilling has signed a firm contract for its Deepsea Atlantic semi-submersible drilling rig with Equinor – formerly Statoil.
Odfjell: Appetite for offshore drilling rising
Norwegian offshore drilling specialist Odfjell Drilling sees a better future for the offshore drilling space
Fabricom lands ‘Rough’ work with Centrica
Construction personnel have now been mobilized on both platforms to undertake a program of work scopes
Repsol preparing for Aruba drilling in June
Repsol signed a $6.4 million deal to hire the drillship for the Aruba well in March this year
Karoon gets green light for Brazilian development, renames fields
Karoon Gas has entered the development and production phase for the Echidna and Kangaroo light oil fields located off Brazil, following ANP approval.