Fossil Energy
Busy days ahead as Dvalin subsea template heads to Norwegian Sea
Aker Solutions on Tuesday evening loaded out DEA Norge’s Dvalin subsea template, marking the beginning of a series of Dvalin marine operations planned for the next couple of weeks.
Jumbo picks name for new heavy lift crane vessel
Jumbo has named its new DP2 heavy lift crane vessel to be delivered in the first quarter of 2020.
Total E&P UK head to retire after 38 years of service
Managing director of Total E&P UK will be retiring shortly after nearly forty years of working for the Total.
Proxy firm backs McDermott-CB&I merger
As the clock ticks on McDermott and CB&I merger, another firm has decided to weigh in on the proposed plan.
Swire Oilfield Services branching out with aviation company takeover
Swire Oilfield Services has made a strategic acquisition of Aberdeen-based specialist aviation service company Gordon Engineering Services.
Deep Down wins over $4 million in subsea equipment orders
Deep Down has won orders totaling over $4 million for the installation of subsea equipment.
Bankruptcy court confirms Seadrill’s reorganization plan
Seadrill’s plan of reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas.
Maersk Drilling puts focus on innovation with new appointment
Maersk Drilling has named a chief commercial and innovation officer to lead its newly-established Commercial and Innovation function.
Zinke: No decrease for offshore lease sale royalty rates
U.S. Secretary of the Interior Ryan Zinke has said that the DOI will not lower royalty rates for future offshore oil and gas lease sales.
Gas ambitions push French oil major to buy electric utility firm
French oil major Total has decided to buy its compatriot electric utility company Direct Energie in a deal worth about €1.4 billion ($1.7B) in a bid to accelerate its ambition in gas and electricity in France and Belgium.
Ireland: Total to convert Avalon into frontier exploration license
Total has applied to Ireland’s Minister of State to convert LO 16/27 into a frontier exploration license (FEL).
Osbit to upgrade DeepOcean’s subsea equipment ahead of Nord Stream 2 work
Osbit has secured a project with DeepOcean to upgrade a subsea plow for the installation of a new gas pipeline.
BiFab yards saved as Scotland brokers deal with Canadian firm
The future of the UK-based offshore fabrication company BiFab has been secured following a deal with a Canadian firm hammered out by the Scottish government.
Diamond launches new service aimed at reducing BOP downtime
Diamond Offshore Drilling has launched its Sim-Stack service, the offshore drilling industry’s first cybernetic BOP service enabling Diamond Offshore to continuously and accurately assess BOP status.