Fossil Energy
Shell profit nearly halved on weaker oil and gas prices
Oil major Shell nearly halved its profit in the last quarter of 2019 compared to the prior-year period due to lower oil and gas prices.
UK: Blocking Prosafe-Floatel merger ‘the only way to mitigate competition concerns’
Competition authorities in the UK have found that blocking a merger between offshore accommodation specialists Prosafe and Floatel may be the only way to mitigate competition concerns.
Wintershall Dea explores options for introducing new helicopter type in Norway
Wintershall Dea and Bell have signed a non-binding collaboration agreement looking into the possibility of introducing a new helicopter on the Norwegian Continental Shelf.
Awilco eyes new gig for WilPhoenix rig
Awilco Drilling has signed a letter of intent with an undisclosed operator for the provision of WilPhoenix in support of a three well plug & abandonment program.
TechnipFMC charters Skandi Vitoria pipelay vessel
Oilfield services provider TechnipFMC has chartered the Brazilian-built pipe-lay support vessel (PLSV), Skandi Vitoria.
Aquaterra and Oceaneering join forces in decommissioning
Aquaterra Energy has signed a memorandum of understanding (MoU) with Oceaneering to offer complete decommissioning and late life solution packages to the North Sea oil and gas industry.
Neptune Energy to make use of digital technologies to find oil & gas faster
Neptune Energy has announced plans for a digital subsurface program with the aim of discovering hydrocarbons 70 percent faster.
New oil minister named in Norway
Norwegian government has appointed Tina Bru as the country’s new Minister of Petroleum and Energy, replacing Sylvi Listhaug.
Eni takes Vroon’s platform supplier for work offshore UK
Italian oil major Eni has awarded a contract to one of Vroon Offshore’s platform supply vessels.
Lundin to change name amid plans to reach carbon neutrality by 2030
Swedish oil and gas company Lundin Petroleum has launched its Decarbonization Strategy, which targets carbon neutrality by 2030.
Damen reveals new offshore support vessel concept
Dutch shipbuilding company Damen has developed a new concept vessel – the Offshore Support Vessel 9020.
Jersey to take over Verbier operatorship from Equinor
Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire operatorship of, and an additional 70% working interest in, Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.
Former DeepOcean man to take over CEO role at Oceanteam
Offshore support vessel owner Oceanteam has appointed a new chief executive officer (CEO) of the company.
Popular news, January 20 – 26, 2020
Offshore Energy Today’s most popular news of the past week.