Fossil Energy
Popular news, May 14 – 20, 2018
The most popular offshore industry news of the week
U.S. weekly offshore rig count drops to 19
The number of active offshore rigs in the U.S. fell to 19 active units this past week, according to weekly rig count reports released on Friday by Baker Hughes.
Russian gas giant forming its own arctic shipping firm
Russian gas giant Novatek is set to create its own shipping company – an arctic shipping company at that.
Husky hits pay with new exploration wells
Husky Energy has drilled a successful exploration well in the South China Sea and made a discovery in the Atlantic region offshore Newfoundland and Labrador.
CNOOC inks two PSCs with Husky for South China Sea blocks
CNOOC has signed two production sharing contracts with Husky Oil Operations for two blocks located in the South China Sea.
Another delay for Prosafe’s three new accommodation rigs
Prosafe has postponed the delivery of three newbuild rigs from a Chinese shipyard.
DeepOcean clinches long-term deal with Equinor
DeepOcean has been awarded a long-term contract involving subsea life of field services on Equinor-operated fields.
Shell takes Awilco rig for UK decommissioning program
Awilco Drilling has signed a contract with Shell UK Limited for the provision of WilPhoenix rig for a decommissioning program of 18 firm wells plus options totaling a further eight wells.
Rosenberg WorleyParsons lands Nova tie-back to Gjøa job
Neptune Energy has awarded a contract to Rosenberg WorleyParsons for construction and installation of a new Nova topside module on the Gjøa platform in the North Sea.
Rockhopper, Premier working on Sea Lion funding ahead of FID
London-listed Rockhopper Exploration has marked the year 2018 potentially transformational, as it works to secure funds and press ahead with the $1.5 billion Sea development in the Falkland Islands.
Xodus nets over $6.7 million in new deals
Engineering company Xodus Group has won £5 million worth of field development work over the past twelve months.
KKB hired for Pegaga project work
KKB Engineering has been awarded a letter of award from Sapura Fabrication Sdn Bhd for the procurement and construction of wellhead deck, piles, and conductors.
Ophir CEO won’t see Fortuna FID happening. Steps down
London-listed Ophir Energy has informed that its CEO Nick Cooper would be stepping down from the board with immediate effect.
Byron sees pressure decline in one of SM 71 wells
During April, Byron Energy produced 92,700 bbls of oil and 67 million cubic feet of gas from the SM 71 project in the Gulf of Mexico.