Fossil Energy
Serica taps Babcock for offshore helicopter transport services in North Sea
Babcock has confirmed a new three-year contract to provide oil and gas company Serica Energy with offshore helicopter crew transport services.
Ithaca preparing investment programs and budgets for 2020
Following completion of acquisition of Chevron’s North Sea business, Delek Group-owned Ithaca Energy is working on its operational and capital investment work programs and budgets for 2020.
Delek CEO to resign after over 30 years of service
The current CEO of Israel’s Delek Group has decided to retire from the company after serving in various functions at the company for more than 30 years.
Providence takes over Avalon operatorship as Total exits
Following an exit by French oil major Total, Providence Resources has taken over operatorship of the Frontier Exploration Licence (FEL) 2/19, which contains the Avalon prospect, located offshore Ireland.
Wintershall Dea sees production growth, decides to spend less
German oil and gas company Wintershall Dea boosted its production during the third quarter of 2019 and increased guidance for the full year. The company has also decided to reduce capex for the full year by 100 million euros. DEA Deutsche Erdoel and Wintershall Holdings completed their merger agreem
Maersk Drilling gets more work for jack-up and drillship
Danish offshore drilling contractor Maersk Drilling has secured more work for a jack-up rig and a drillship offshore the UK and Africa, respectively.
Cairn to exit Norway following Norwegian unit disposal
Cairn Energy has entered into an agreement to dispose of the entire share capital of Capricorn Norge, the company’s wholly owned subsidiary in Norway.
AqualisBraemar and HOSE International in rig and well inspection pact
Engineering services company AqualisBraemar and HOSE International have signed a memorandum of understanding to jointly provide rig and well control inspection services to the offshore industry.
Irish government to provide certainty on offshore licenses in first-ever policy paper
Certainty on existing Irish offshore exploration licenses will be set out in the official Government policy paper on the sector, which is scheduled for December. The Irish Offshore Operators’ Association (IOOA) said last week that the timing of the first-ever Government policy paper on the explorati
Borr Drilling: Demand for jack-up rigs growing
The market for modern jack-up rigs has reached 90 percent utilization – for the first time in the cycle – and the demand for jack-up rigs is growing, offshore drilling company Borr Drilling has said.
Equinor cleared to drill North Sea well duo
The Norwegian Petroleum Directorate (NPD) has given Equinor drilling permits for two wells in the North Sea.
Apply Sørco, Aker Solutions pen Vår Energi deals
Apply Sørco and Aker Solutions will provide modifications and maintenance support
Valaris secures $285 million in revenue backlog with new rig contracts
Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.
Wintershall Dea gains drilling permit for Norwegian Sea well
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge, a Norwegian unit of the German oil company Wintershall Dea, a drilling permit for well 6604/6-1 in the Norwegian Sea.