Fossil Energy
Hurricane delays plans for new Lancaster well
Hurricane Energy has decided to postpone the drilling of a second production well on the Lancaster field off the UK due to the complex nature of the well.
Trelleborg gets rid of UK offshore oil & gas operation
Swedish Trelleborg has signed an agreement and finalized the divestment of its offshore operation in Skelmersdale, England.
Chevron backs Swedish geothermal energy business
U.S. oil major Chevron has continued with its latest wave of investments in low-carbon and renewable businesses and technologies with the latest one going to a Swedish geothermal firm.
ADNOC buys Middle East assets of UK-based offshore logistics provider
ADNOC Logistics & Services has made a move to acquire all of the UAE-based assets of Speedy Hire, a UK provider of tools and equipment.
Baker Hughes and Akastor create new offshore drilling solutions player
Baker Hughes and Akastor have announced an agreement to create a joint venture company, that will deliver an offshore drilling equipment offering.
Neptune kicks off appraisal drilling at Dugong discovery
Neptune Energy and its partners in the Dugong licence have started drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea.
Prosafe unit hired for accommodation at Buzzard
Prosafe has signed a contract with CNOOC Petroleum for the charter of the Safe Boreas to provide gangway connected operations for the Buzzard platform.
DNO gets nod to plug North Sea wells with Dolphin rig
Norwegian offshore safety watchdog has given DNO Norge consent for the use of the Borgland Dolphin rig for a permanent plugging of wells offshore Norway.
Apollo and Vekta Group join forces for offshore wind, oil & gas
Apollo and Vekta Group have signed a Memorandum of Understanding (MoU) to together provide services across the offshore wind and oil & gas sectors. The combined service offering brings commercial, project management, yield modelling, power, electrical, mechanical, structural and marine experience. T
Energean takes full ownership of Israeli subsidiary
Oil and gas firm Energean has completed its acquisition of the 30 per cent minority interest in its Israeli subsidiary from Kerogen Capital.
Regulator issues order following audit of Equinor’s Norne FPSO
Norway’s offshore safety watchdog, the Petroleum Safety Authority (PSA), has issued an order to Equinor following an audit of the company’s integrated risk and barrier management on the Norne FPSO.
Tullow Oil agrees on new debt capacity with banks
Oil and gas company Tullow Oil has agreed a new debt capacity with its banks under its reserves based lending facility of $1.7 billion.
Siem Offshore trims quarterly loss
Oslo-listed marine contractor Siem Offshore has reduced its Q4 2020 deficit despite revenue drop of 20 per cent against prior-year quarter. Quarterly operating revenues were $57 million, compared to $71 million in Q4 2019. The decrease in revenues from 4Q 2019 is mainly due to lower revenues from th
Solstad vessels to support drilling off Australia and Timor Leste
Norwegian vessel owner Solstad Offshore has secured new contract awards for its vessels for operations in Australia and Timor Leste.