Fossil Energy
Solstad Farstad sheds anchor handling duo
Solstad Farstad has sold two of its anchor handling tug and supply vessels to an unnamed owner.
Equinor to add 70 million barrels with three new wells on Fram
Equinor and its partners are making investments in the Fram field off Norway that will almost double the field’s remaining reserves.
Royal IHC to open new office in Croatia
Royal IHC is creating a new office in Pula, Croatia.
GDPR: Updated privacy notice
GDPR: Updated privacy notice
Shell strikes oil near Appomattox in Gulf of Mexico
Oil find is Shell’s sixth in the Norphlet play
Aker Solutions cuts first steel for Wintershall’s Nova project
Norwegian oil services company Aker Solutions has started fabrication on Wintershall’s Nova project in the North Sea.
RockRose grows North Sea portfolio with Dutch assets buy
RockRose Energy is expanding its North Sea portfolio through an acquisition of gas production assets from a Dutch company for about $125 million.
Petrobras in Sergipe-Alagoas farm-out move
Brazilian oil company Petrobras is looking to farm-out parts of its ownership in four blocks in located in the Deepwater Sergipe-Alagoas Basin, across an exploration area of 44,370 square kilometers .
ADES secures new loan to pay for three Nabors rigs
ADES International, a provider of offshore and onshore oil and gas drilling and production services, has secured a new loan from a Saudi bank to finance the acquisition of three jack-ups from Nabors.
EnQuest affirms 2018 production target
London-listed oil company EnQuest has reaffirmed its 2018 production guidance, following an “in line with expectations” first quarter.
Harvey Gulf emerges from Chapter 11 bankruptcy
Harvey Gulf has emerged from Chapter 11 bankruptcy, following the receipt of confirmation of its reorganization plan by a U.S. court.
Pacific Drilling 1Q revenue boosted by Santa Ana drillship work
Offshore driller Pacific Drilling reported a loss of $96.1 million for the first-quarter of 2018, compared to a net loss of $99.8 million a year ago, and a loss of $129.7 million in the fourth quarter of 2017.
Aquaterra Energy managing director becomes group CEO
The managing director of Aquaterra Energy has become the CEO of its parent company Aquaterra Energy Group.
Europa focuses on maturing Irish prospects to drill-ready status in 2019
Europa Oil & Gas is working to bring its Inishkea prospects located in the Slyne Basin offshore Ireland to drill-ready status with a target of 2019 while at the same time relinquishing another licensing option located in the same basin.