Fossil Energy
Report: Four platform suppliers join Seatankers fleet
Cyprus-based Seatankers Management has bought four platform supply vessels from China’s Fujian Mawei Shipbuilding.
McDermott-CB&I $6B merger complete
Offshore engineering, construction, and installation company McDermott International has expanded its capabilities, becoming an onshore-offshore EPCI specialist, as it closed the acquisition of CB&I on Thursday. The new company, described as the “premier, fully integrated provider of technology, eng
Reach Subsea lands five-year deal with Statoil
Reach Subsea has been awarded a frame agreement for the provision of inspection, maintenance and repair services to Statoil.
Talos starts trading on NYSE after closing Stone merger
U.S.-based independent exploration and production company Talos Energy has started trading on the New York Stock Exchange, following completion of its acquisition of compatriot Stone Energy.
Topaz Driller rig arrives in Cameroon for Etinde drilling
Vantage Drilling’s Topaz Driller jack-up rig has arrived in Cameroon waters to work on the Etinde permit.
Noble finds new work for jack-up duo
Noble Corporation has been awarded new drilling contracts in the North Sea and Middle East region for two of its jack-up rigs.
Quadrant presses on with Phoenix South well drilling
Quadrant Energy has drilled the Phoenix South-3 well offshore Australia past the 3,000-meter measured depth mark.
Western Gas seeking ‘world-class’ partner for Equus field. FID in 2019
The company is looking for services that cover full field development, including drilling, subsea, offshore processing and a gas pipeline to shore.
Carnarvon raising funds for Buffalo well
Carnarvon Petroleum has raised $16 million, before costs, to fund drilling of its Buffalo-10 well located in WA-523-P block in the Timor Sea.
McDermott wrapping up CB&I acquisition
Offshore engineering and construction specialist McDermott has made a step toward completion of the acquisition of CB&I. The company on Thursday announced the completion of the reverse split of its common stock and the expiration and results of its previously announced exchange offer for shares of C
Shell Midstream Partners buying Amberjack Pipeline Company
Shell Midstream Partners, a master limited partnership formed by Shell, has entered into a purchase and sale agreement to acquire Shell’s ownership interest in Amberjack Pipeline Company LLC, which is comprised of 75% of Amberjack Series A and 50% of Amberjack Series B for $1.22 billion.
Noble Energy to ship Alen field gas to Bioko Island plants. Start-up in early 2020s (E. Guinea)
U.S. oil and gas company Noble Energy is pressing ahead with a project to link its Alen field offshore Equatorial Guinea to existing gas processing infrastructure on Bioko Island. The company on Thursday said it executed, along with the Government of the Republic of Equatorial Guinea and necessary t
Energy XXI disposing of non-core Gulf of Mexico assets
U.S. offshore and onshore oil and gas operator Energy XXI Gulf Coast (EGC) is disposing of its non-core asset portfolio in the U.S. Gulf of Mexico, cutting its plugging and abandonment bill by $320 million.
Westwood: Best time in years to drill for oil and gas
Energy intelligence group Westwood feels that now is the best time to explore for oil and gas in the last decade.