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Fossil Energy

Looking back at a successful edition of the Maritime & Offshore Career Event
Fossil Energy

Looking back at a successful edition of the Maritime & Offshore Career Event

“The people in the Dutch maritime, offshore and energy sector are entrepreneurial, innovative and are courageous. There should be more of them.”

about 8 years ago
Noble Corp. narrows 1Q loss. CEO sees jack-up market improving
Fossil Energy

Noble Corp. narrows 1Q loss. CEO sees jack-up market improving

Offshore drilling company Noble Corp. is seeing improvement in the offshore rig market, with the jack-up rig market driving the demand uptick.

about 8 years ago
WestGroup teams up with OOS Energy
Fossil Energy

WestGroup teams up with OOS Energy

OOS Energy will join forces with WestGroup and create a new company named OOS Energy Platform Services.

about 8 years ago
Ophir buying Santos’ Southeast Asia oil and gas assets for $205M
Fossil Energy

Ophir buying Santos’ Southeast Asia oil and gas assets for $205M

Ophir Energy is set to buy a package of Southeast Asian fields from Australian oil and gas company Santos Limited for a total of $205 million. According to Ophir, the portfolio of assets includes material producing assets in Vietnam and Indonesia plus exploration and appraisal assets in Malaysia, Vi

about 8 years ago
McDermott, CB&I merger gets shareholder support
Fossil Energy

McDermott, CB&I merger gets shareholder support

McDermott and CB&I have both received the necessary stockholder approvals to complete the proposed merger, McDermott said on Wednesday.

about 8 years ago

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DNV GL to classify two OOS decom market bound jack-up rigs
Fossil Energy

DNV GL to classify two OOS decom market bound jack-up rigs

CMHI and DNV GL have signed a LOI for the classification of two multi-activity jack-up units at the OTC in Houston.

about 8 years ago
Oceanteam picks up contract extension for Southern Ocean CSV
Fossil Energy

Oceanteam picks up contract extension for Southern Ocean CSV

The contract for the construction support vessel (CSV) Southern Ocean has been extended for one month.

about 8 years ago
Lundin output, profit rise in 1Q. Two PDOs in Norway planned
Fossil Energy

Lundin output, profit rise in 1Q. Two PDOs in Norway planned

Swedish oil and gas company Lundin Petroleum saw its revenue and net profit rise in the first quarter on the back of better than expected production levels.

about 8 years ago
VBMS, Dockwise, and Fairmount to continue operating as Boskalis
Fossil Energy

VBMS, Dockwise, and Fairmount to continue operating as Boskalis

Boskalis has presented its integrated service portfolio for the offshore energy market under one single brand name.

about 8 years ago
Polarcus in XArray 3D shoot in Asia Pacific
Fossil Energy

Polarcus in XArray 3D shoot in Asia Pacific

Marine seismic acquisition company Polarcus has received a Letter of Award for an XArray 3D marine seismic acquisition project in the Asia Pacific. The Polarcus XArray is an acquisition configuration developed by Polarcus to deliver ‘superior’ data quality and make full use of today’s larger streame

about 8 years ago

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Rowan posts 1Q loss of $112.3M. Sees ‘healthier dynamics’ in North Sea reagion
Fossil Energy

Rowan posts 1Q loss of $112.3M. Sees ‘healthier dynamics’ in North Sea reagion

U.S. offshore rig owner Rowan sees the market conditions improving in the shallow water drilling segment, especially in the Middle East and the North Sea. The driller on Tuesday posted a net loss of $112.3 million in the first quarter of 2018, compared to a net profit of $10.3 million in the first q

about 8 years ago
Siccar spuds final Cambo appraisal well
Fossil Energy

Siccar spuds final Cambo appraisal well

Siccar Point Energy has started drilling a final appraisal well on the Cambo field, north-west of Shetland, with results expected this summer.

about 8 years ago
Maersk scores drilling work for two jack-ups in Dutch North Sea
Fossil Energy

Maersk scores drilling work for two jack-ups in Dutch North Sea

Danish offshore driller Maersk Drilling has secured three consecutive contracts for the Maersk Resolute and a contract extension for the Maersk Resolve jack-up rigs. Both rigs are operating in the Dutch sector of the North Sea.

about 8 years ago
Stone Energy buys Ram Powell field in Gulf of Mexico
Fossil Energy

Stone Energy buys Ram Powell field in Gulf of Mexico

Stone Energy has completed the acquisition of the Ram Powell Unit, and related assets in the U.S. Gulf of Mexico, from Shell, ExxonMobil, and Anadarko.

about 8 years ago