Fossil Energy
Lukoil installs living quarters jacket at Caspian Sea field
Russian oil and gas company Lukoil completed the installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea.
Saipem to support Equinor’s energy transition journey through new engineering deal
Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.
Low oil prices could play pivotal role in boosting decommissioning spending, Rystad says
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.
ConocoPhillips gets safety nod to use Valaris rig for Ekofisk wells
ConocoPhillips has received consent from the Petroleum Safety Authority to use the Rowan Norway rig on the Ekofisk field offshore Norway.
OOS International’s newbuild SSCV awaits sea trials
OOS International has informed that its newbuild semi-submersible heavy lift crane accommodation vessel (SSCV) OOS Serooskerke has been completed and is awaiting sea trials.
Hurricane suspends output guidance after Lancaster well shut-in
Hurricane Energy has shut-in one of two wells at the Lancaster Early Production System due to interference between two producing wells.
Archer firms up North Sea job with TAQA
Archer has secured a formal contract award for the provision of a modular drilling unit and associated services from TAQA.
Noble Corp. CEO transitions to executive chairman role
CEO of Noble Corporation has transitioned to the role of executive chairman of the board while a new CEO has been named.
Borr Drilling working to secure liquidity runway until 2022
Borr Drilling is working to secure a liquidity runway until 2022 even in an unlikely low scenario without any further contracts.
Report: Total secures $14.4 billion Mozambique LNG financing
French energy company and LNG player Total has reportedly secured $14.4 billion funding for its liquefied natural gas export project in Mozambique. The financing deal includes a group of around 20 lenders for the first phase of senior debt funding, Reuters reported on Thursday citing unidentified so
New CEO to join Noreco in July
Oil and gas company Noreco has appointed David B. Cook as the new Chief Executive Officer with effect from 1 July 2020.
After three-month slump Norwegian oil output above expected in April
Norwegian oil production during April 2020 was above predictions made by the Norwegian Petroleum Directorate (NPD) after a three-month stint of falling short of expectations.
Wintershall Dea books quarterly loss, cuts capex
Wintershall Dea has decided to reduce its capital expenditures for 2020 by 30 per cent after booking a loss in the first quarter of the year amid low oil price environment.
Total renegotiates terms of non-core North Sea assets sale with NEO Energy
HitecVision and NEO Energy have renegotiated terms for the acquisition of a portfolio of operated and non-operated assets in the UK North Sea from French oil major Total.