Fossil Energy
Shelf Drilling takes over and renames jack-up rig bought from Maersk
Danish drilling contractor Maersk Drilling and Shelf Drilling have closed a transaction related to the sale of the Maersk Completer jack-up rig.
Norway’s prime minister opening Equinor’s Johan Sverdrup field
Norway’s prime minister Erna Solberg will perform the official opening of the Johan Sverdrup field centre on Tuesday, and the Minister of Petroleum and Energy, Sylvi Listhaug, will also attend the opening.
Premier expands in UK North Sea through BP and Dana deals
Premier Oil has made agreements for acquisitions of the Andrew Area and Shearwater assets from BP for $625 million, and an additional 25 percent interest in the Premier-operated Tolmount Area from Dana for $191 million plus contingent payments of up to $55 million.
Fugro to pay $26.8 million after losing in arbitration case with Tasik
Dutch contractor Fugro has lost its arbitration with Singapore’s Tasik Toba Subsea related to an early termination of a six-year charter for the Southern Star vessel. As a result, Fugro has been ordered to pay $26.8 million to Tasik.
New boss to take the helm at Ocean Installer
Ocean Installer has appointed Odd Strømsnes as the company’s new chief executive officer.
Neptune Energy gears up for Grind
Norwegian offshore safety body has given its consent to Neptune Energy for exploration drilling in the Norwegian Sea using the West Phoenix rig.
UK’s oil and gas regulator makes three new appointments
UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has made three new appointments to its leadership team.
Activists climb Valaris rig in Scotland
Environmental activists from Extinction Rebellion organization have occupied a Valaris-owned jack-up rig currently located in Dundee harbor. The rig is contracted by Shell.
Equinor launches new plan to cut emissions in Norway to near zero by 2050
Equinor has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway with 40% by 2030, 70% by 2040, and to near zero by 2050.
Aker BP gains nod to appraise North Sea well using Odfjell rig
Norwegian oil company Aker BP has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the North Sea using the Deepsea Nordkapp rig.
Popular news, December 30, 2019 – January 5, 2020
Offshore Energy Today’s most popular news of the past week.
Energean and DEPA ink deal for 20 pct of EastMed pipeline’s initial capacity
Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project.
Prosafe and Floatel agree extension of share purchase agreement amid competition concerns
Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed merger of the two companies amid concerns raised by competition authorities.
Valaris gets $200 million payment in Samsung Heavy arbitration, secures more rig work
Valaris has received a $200 million payment following the conclusion of arbitration proceedings with Samsung Heavy and has secured new contracts for its rig fleet, adding $100 million to its contract backlog.