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Fossil Energy

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Baker Hughes
Fossil Energy

U.S. offshore rig count down by one unit

The number of offshore rigs in the U.S. decreased by one unit last week, according to weekly rig count reports by Baker Hughes.

about 5 years ago
Illustration; Source: Equinor Baker Hughes
Fossil Energy

U.S. offshore rig count stuck at 13 units

The number of offshore rigs in the U.S. remained steady last week but dropped six units year over year, according to a Friday report by Baker Hughes.

about 5 years ago
A Noble Corp. drilling rig (for illustration). Source: Noble Drilling Baker Hughes
Fossil Energy

U.S. weekly offshore rig count down two weeks in a row

The number of offshore rigs in the U.S. has dropped for the second week in a row and is now stands at 13 units, according to a weekly rig count report by Baker Hughes.

about 5 years ago
Illustration; Source: Borr Drilling Baker Hughes
Fossil Energy

U.S. weekly offshore rig count drops to 14

The number of active offshore rigs in the U.S. is down by three units over the last week, according to a weekly rig count report by Baker Hughes.

about 5 years ago
An offshore drilling rig for illustration; Source: Noble Corp. Baker Hughes
Fossil Energy

U.S. weekly offshore rig count up by one

The number of active offshore rigs in the U.S. is up by one unit over the last week, according to a weekly rig count report by Baker Hughes.

about 5 years ago
Illustration; Source: Borr Drilling Baker Hughes
Fossil Energy

U.S. offshore rig count up by one unit

After three flat weeks, the number of offshore rigs in the U.S. increased by one unit last week, according to weekly rig count reports by Baker Hughes.

about 5 years ago
Kentech CEO John Gilley
Fossil Energy

Kentech to buy SNC-Lavalin’s oil and gas business in bid to address energy transition

Kentech has made a move to buy SNC-Lavalin’s oil and gas business in an effort to accelerate its growth strategy and address the energy transition.

about 5 years ago
A semi-submersible offshore rig (for illustration); Source: Equinor Baker Hughes
Fossil Energy

U.S. offshore rig count stays flat for third week running

The number of offshore rigs in the U.S. remained steady for the third straight week but down seven units year over year, according to a Friday report by Baker Hughes.

about 5 years ago
SeaRose FPSO - Cenovus Energy
Fossil Energy

Cenovus to see higher output and spending in 2021

Canadian oil and gas company Cenovus Energy expects to have higher production and spending in 2021 following its acquisition of Husky Energy.

about 5 years ago
Illustration; Source: Noble Corporation Baker Hughes
Fossil Energy

U.S. offshore rig count stuck at 16 units

The number of offshore rigs in the U.S. remained steady last week but dropped five units year over year, according to a Friday report by Baker Hughes.

about 5 years ago
Jonathan Wilkinson, Canada's Minister of Environment and Climate Change
Fossil Energy

Canada greenlights three offshore drilling projects

The Government of Canada has allowed for three offshore exploration drilling projects operated by BHP, Equinor, and Chevron to proceed.

about 5 years ago
SeaRose FPSO; Source: Husky Energy Cenovus
Fossil Energy

Cenovus completes merger with Husky Energy

Canadian oil firms Cenovus and Husky Energy have closed their previously announced merger, creating Canada’s third-largest oil and gas player.

about 5 years ago
SeaRose FPSO - Suncor
Fossil Energy

Suncor to book $425 million impairment on White Rose assets

Suncor will record a non-cash after-tax impairment charge of approximately $425 million in 4Q 2020 on its share of the White Rose asset and West White Rose.

about 5 years ago
Hibernia platform - Gov't funding for Canada's offshore oil sector to help protect jobs
Fossil Energy

Gov’t funding for Canada’s offshore oil sector to protect jobs

Newfoundland and Labrador government has announced the allocation of financial support for the Hibernia project, which will help maintain offshore jobs.

about 5 years ago
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