Fossil Energy
Oceanteam finds investor in push to stabilize otherwise troubled business
Oceanteam has found an investor ready to inject over $2.6 million into the company and join its board in a bid to stabilize otherwise financially troubled company.
BP obtains permit to start preparing for well off Nova Scotia
Canadian offshore regulator has authorized BP to start preparations for drilling an exploration well offshore Nova Scotia with the Seadrill-owned West Aquarius rig.
Offshore workers stage strike on Statoil’s Mariner platform
Offshore workers on Statoil-operated Mariner platform located in the UK sector of the North Sea staged an unofficial strike over the weekend.
KrisEnergy makes Keppel its preferred contractor
Singapore’s oil and gas company KrisEnergy has entered into a cooperation agreement with subsidiaries of compatriot Keppel Corporation, Keppel FELS and Keppel Shipyard. The agreement sets out a framework for the cooperation arrangement between KrisEnergy and Keppel, under which contracts for any wor
Byron: All three Gulf of Mexico wells now online
Byron Energy has brought online its third well at the South Marsh Island Block 71 (SM 71) oil project lcoated in the U.S. Gulf of Mexico.
Lundin kicks off extended well testing ops on Alta discovery
Lundin Norway has started drilling well 7220/11-5 on the Alta discovery in PL609 in the southern Barents Sea. Following drilling, the well will be used for extended well testing.
Seadrill’s reorganization plan gets full support from creditors
Offshore driller Seadrill has obtained full support from its creditors for the reorganization plan aimed at reducing its massive debt.
Lukoil’s North Caspian fields hit new oil production milestone
Lukoil has reached the 15 million tonnes mark in terms of oil produced at the Yu. Korchagin and V. Filanovsky fields located in the North Caspian Sea.
Huisman names new CEO
Dutch offshore crane specialist Huisman has appointed Theo Bruijninckx as the company’s new CEO.
ADNOC poised to boost oil production capacity as 333 graduates exit drilling training center
ADNOC Drilling, an ADNOC subsidiary, on Monday marked the graduation of 333 Emiratis from its Drilling Training Center, as ADNOC evolves to seize the opportunities created by the technology transformation taking place in the oil and gas industry.
Canadian regulator calls for bids on 18 offshore parcels
C-NLOPB has issued calls for bids for exploration and production licenses in the Eastern Newfoundland and Jeanne d’Arc regions.
IOGP elects BP man as new MC chair
After two years, Monika Hausenblas of Shell has decided to step down from her role as Chair of International Association of Oil & Gas Producers’ Management Committee (MC).
Popular news, April 2 – 8, 2018
The most popular articles of the week
U.S. weekly offshore rig count flat at 12
U.S. weekly offshore rig count flat at 12