Fossil Energy
IEA: Offshore energy to keep growing. Will need trillions in investments
Offshore energy-related activity is expected to grow and will require trillions of dollars of investments through 2040.
Red ink for Kosmos Energy
U.S.-based oil company Kosmos Energy posted a bigger loss for the first quarter of 2018 when compared to the prior-year period.
Mubadala to drill two more wells within Manora drilling campaign
Mubadala Petroleum will drill two development wells as part of its Manora drilling campaign in the Gulf of Thailand, in addition to already planned exploration and appraisal wells.
Aker BP: NOAKA platform could be powered by offshore wind
Norway’s Aker BP is working on what it says will be the first energy positive zero emissions field development on the Norwegian Continental Shelf – the NOAKA.
Eni expands in Indonesia following new deepwater block award
Eni has been awarded a 100% participating interest in the East Ganal deepwater exploration block in the Kutei Basin, offshore Indonesia.
Qatar Petroleum awards North Field Expansion deal to McDermott
Qatar Petroleum has awarded a detailed design contract for the offshore jackets for the new North Field Expansion Project to McDermott.
IKM Subsea to provide ROV services on Statoil’s Johan Sverdrup
Statoil has awarded a services contract to IKM Subsea for work on the Johan Sverdrup development off Norway.
CCB Subsea clinches three-year deal with Shell
CCB Subsea has been awarded a long-term framework agreement with the Norwegian entity of oil major Shell.
Statoil’s senior vice president to join Aker BP’s management team
Aker BP has appointed a new senior vice president of operations to join the executive management team.
Popular news, April 30 – May 6, 2018
The most popular articles of the week.
U.S. offshore rig count climbs to 19
According to a Friday report by Baker Hughes, the number of offshore rigs in the U.S. increased to 19 units over last week.
Noreco loses Siri platform insurance case. Appeal imminent
Oslo-listed company Noreco has lost its case against insurers related to the financial claim sought due to the damage to the Siri platform in the Danish North Sea, discovered in 2009. Noreco was in 2016, with its partners, awarded damages of $470 million, including interest, of which Noreco itself w
Nominate and celebrate
The Offshore Energy Opening Gala Dinner & Awards show will be back on Monday 22 October. Prior to the opening of the exhibition floor on 23 and 24 October. The event will be taking place at the National Maritime Museum (Scheepvaartmuseum) in Amsterdam and includes not only a dinner and entertainment
Cost reductions lift Prosafe 1Q numbers. Flotel demand to pick up from 2019
World’s largest offshore accommodation rig supplier Prosafe turned profitable in the first quarter of 2018, after posting a loss in the corresponding period of 2017.