Fossil Energy
RockRose buys Cotton gas field in North Sea
RockRose Energy has signed a sales and purchase agreement to acquire a 100% of the equity of Speedwell Energy, the holder of 100% interest in the Cotton gas field in the UK sector of the Southern North Sea.
Ocean Infinity forms new unit to operate marine robot fleet
Ocean Infinity, a seabed survey and ocean exploration company, has launched of a new pioneering marine technology and data company named Armada.
Rystad Energy expects further growth in floating rig demand towards 2022
Demand from the world’s top oil companies for floating drilling units is set to rise through 2020 and 2021, according to Norwegian energy research and consultancy firm Rystad Energy.
Ithaca Energy mulls options for potential IPO
Ithaca Energy, a subsidiary of Israel’s Delek Group, is exploring options to optimize its capital structure, including a potential initial public offering (IPO).
PGNiG closes additional stake buy in Duva field
PGNiG Upstream Norway has completed the acquisition of a 10 percent stake in the Duva field, located offshore Norway, from Pandion Energy.
TechnipFMC orders pipes for North Sea projects from Tata Steel
Steel producer Tata Steel has secured three separate contracts with TechnipFMC for work in the UK North Sea.
Tidewater man to take over COO role at Maersk Supply
Danish offshore shipping company Maersk Supply Service (MSS) has appointed a new chief operating officer (COO) of the company.
Popular news, January 27 – February 2, 2020
Offshore Energy Today’s most popular news of the past week.
Fugro to earn $40 million from Global Marine Group stake sale
Dutch geotechnical services provider Fugro expects to earn around $40 million from the sale of HC2 Holdings’ subsidiary Global Marine Group (GMG).
Lundin to increase spending in 2020 by 30 pct
Swedish oil and gas company Lundin Petroleum has increased its 2020 budget by 30 percent compared to the last year and boosted its production guidance for the year with expectations for long-term growth. Lundin said on Friday that its 2020 development, appraisal, exploration and abandonment budget w
Total awards maintenance and support gig in UK to Aberdeen newcomer
Total UK has awarded a general maintenance and operations support contract to PBS, a recently formed Aberdeen-based consortium.
Zenith Energy sets up Norwegian unit
Canadian oil and gas company Zenith Energy has established a fully owned Norwegian subsidiary, Zenith Norway.
Lundin needs to improve materials handling on Edvard Grieg, offshore watchdog says
Norwegian offshore safety watchdog has found irregularities during an audit of Lundin’s Edvard Grieg platform located in the North Sea offshore Norway.
Serica’s Bruce, Keith, and Rhum fields in two-month shutdown
Serica Energy has halted production on its Bruce, Keith, and Rhum fields due to issues on the Bruce platform in the UK North Sea.