Fossil Energy
Nod for Equinor to use West Hercules rig on North Sea pilot hole
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the North Sea using the West Hercules drilling rig.
BP spuds first exploration well on Shafag-Asiman block off Azerbaijan
BP has spudded the first exploration well on the Shafag-Asiman offshore block located in Azerbaijan’s sector of the Caspian Sea.
Keppel delivers fifth jack-up rig to Borr Drilling
Singapore’s offshore rig builder Keppel Offshore & Marine has made its first rig delivery in 2020.
Aker Solutions eyes 5-year brownfield services contract
Aker Solutions is participating in a joint venture that has been issued a letter of award to provide offshore maintenance and modification services to an undisclosed client.
Aker Solutions wins FEED job for electrification of Troll platforms
Equinor has awarded Aker Solutions a front-end engineering and design contract (FEED) for topside modifications to accommodate power from shore at the Troll B and C platforms located offshore Norway.
Havila scoops two new offshore vessel deals
Norwegian shipping company Havila Shipping has secured contracts for two of its offshore vessels.
Equinor cleared to use ‘Island Wellserver’ for well intervention in 2020
Norwegian oil major Equinor has received consent from the Petroleum Safety Authority (PSA) to use the Island Wellserver vessel for well intervention in 2020.
Oil and gas industry entering new offshore investment cycle, Rystad says
A strong 2019 provided telltale signs that the industry was entering a new offshore investment cycle, stated Espen Erlingsen, head of upstream research at Rystad Energy.
Equinor, Vår Energi, and Aker BP biggest winners in Norway’s latest offshore round
Three Norwegian oil and gas majors – Equinor, Vår Energi, and Aker BP – have been awarded the largest number of new offshore production licenses as part of Norway’s latest licensing round, the APA 2019.
Norway offers 69 offshore production licenses to 28 oil and gas companies
The Norwegian Ministry of Petroleum and Energy has offered 69 production licenses on the Norwegian continental shelf to 28 oil and gas companies as part of the Award in Pre-Defined Areas 2019.
Prosafe misses final payment to Cosco amid talks with lenders
Prosafe has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel amid talks with lenders meant to secure financial flexibility for the longer term.
ConocoPhillips in minor oil and gas discovery in North Sea
ConocoPhillips has concluded the drilling of a wildcat well near the Balder field in the North Sea, which resulted in a minor oil and gas discovery.
Gassco makes case for increasing gas transport from Barents Sea
Gassco has drawn up a report regarding the transport of gas from the southern Barents Sea, showing that it could be profitable to increase the transport capacity for gas.
Lundin decides against standalone development for Barents Sea duo
Lundin Petroleum has opted against a standalone development for the Alta and nearby Gohta discoveries, located in the southern Barents Sea, in favor of a subsea tie-back.