Fossil Energy
Green light to Aker BP for Skogul field startup
The Norwegian Petroleum Directorate has granted its consent for the start-up of the Aker BP-operated Skogul field located in the North Sea offshore Norway.
Popular news, February 17 – 23, 2020
Offshore Energy Today’s most popular news of the past week.
Shelf Drilling working to secure funds for rig upgrade
Shelf Drilling has closed a private placement of $80 million of senior secured notes with an intention to use the proceeds to finance activation and upgrade costs for a drilling rig recently acquired from Maersk Drilling.
Hunting boosts subsea offering by buying UK player
British supplier to the oil and gas industry Hunting has completed the acquisition of Aberdeen-based oil and gas production optimization specialist Enpro Subsea.
Southern North Sea gas field comes on stream
Wintershall Noordzee, a joint venture of Wintershall Dea and Gazprom, has started gas production from its operated Sillimanite field located in the Southern North Sea.
Noble Corp. posts higher quarterly revenues
Noble Corporation has managed to keep its net loss flat in the last quarter of 2019 while its revenues increased during the period.
Neptune brings online new gas well in Dutch North Sea
Neptune Energy has produced first gas from the new L5a-D4 well in the deepest producing gas field of the Dutch North Sea.
BP evacuates workers from North Sea platform amid power issue
Oil major BP has evacuated non-essential personnel from the ETAP platform located in the UK North Sea following a power issue.
Norwegian oil output in January falls below forecast
Norwegian oil production during January 2020 dropped around 6.6 percent below predictions made by the Norwegian Petroleum Directorate (NPD), according to the directorate’s report on Wednesday.
Eidesvik secures work for two vessels with Seabed Geosolutions
Norwegian shipping company Eidesvik Offshore has been awarded new contracts by Seabed Geosolutions for the seismic source vessel Vantage and the node-handling vessel Subsea Viking.
Premier takes Solstad platform supplier for Tolmount ops
Norwegian offshore vessel owner Solstad Offshore has been awarded a long-term contract with Premier Oil in the UK.
Green light to Lundin for Barents Sea wildcat
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.
Solstad terminates charters for three laid up anchor handlers
Norwegian offshore vessel operator Solstad Offshore has terminated bareboat charter agreements for three anchor handlers owned by SFL Corporation. The vessels have been in lay-up since 2016. Solstad Offshore said on Tuesday that the company and SFL Corporation had agreed to terminate the bareboat ch
Transocean books loss, but sees improving longer-term market fundamentals
Transocean has booked a loss for the last quarter of 2019 as its revenues increased. The company has reduced the loss sequentially and year-over-year helped by gain on termination of construction contract, tax items, and disposal of assets