Fossil Energy
OPEC and allies agree on deeper production cuts
Saudi Arabia together with other OPEC members and Russia have decided on deeper production cuts for the first quarter of next year as part of an attempt to prevent oversupply and support oil prices.
Two companies join forces to form new UAE-based oil & gas contractor
Ali & Sons Marine Engineering Factory (ASMEF), the UAE-based company catering to the marine and oil & gas industry, together with the Rosetti Marino Group, an Italian EPC contractor, have recently joined forces to form a new UAE-based company under the name of Rosetti-Ali & Sons. With both companies
Popular news, December 2 – 8, 2019
Offshore Energy Today’s most popular news from the past week.
Worldwide offshore rig count in November up 41 rigs year-over-year
The worldwide offshore rig count in November 2019 increased by four units sequentially and 41 units year-over-year, according to reports by Baker Hughes Company.
Equinor taps DeepOcean for IMR services in Norway
Subsea services provider DeepOcean has been awarded a contract by Equinor for IMR services in 2020.
Providence Resources boss quits
Providence Resources CEO Tony O’Reilly has stepped down from the position and has resigned from the board and all subsidiaries with immediate effect.
Consent for Neptune Energy to use Deepsea Yantai rig in North Sea
Oil and gas company Neptune Energy has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling of two wells in the North Sea using the Deepsea Yantai drilling rig.
Aberdeen Harbour sees arrival of three new tenants as sign of continued optimism
Three new tenants from the offshore supply chain have taken up residency at Aberdeen Harbour’s Nord Centre.
Solstad secures several jobs for its vessels
Norwegian offshore vessel owner Solstad Offshore has been awarded several contracts in the Middle East and Mediterranean.
Solstad adds more work for Normand Tonjer vessel
Norwegian offshore vessel owner Solstad Offshore has won a contract extension for its 56 percent-owned Normand Tonjer vessel.
Apply inks engineering and management deal with DNO in Norway
Norwegian oil company DNO has awarded compatriot engineering company Apply a long-term contract for engineering and management support related to its activities on the Norwegian Continental Shelf (NCS).
Court bans Greenpeace from boarding Shell’s North Sea installations
Oil major Shell has won a court order against Greenpeace aimed at preventing environmentalists from boarding the company’s oil installations in the North Sea.
EMGS CFO steps down to join Norwegian media group
Chief financial officer of Norwegian offshore survey company Electromagnetic Geoservices (EMGS) has opted to resign from her position.
ExxonMobil, EnQuest hire Stena drillship and semi-sub
Offshore drilling contractor Stena Drilling has recently signed drilling contracts for the Stena Don and the Stena DrillMax rigs.