Fossil Energy
Akastor investment manager to take on CFO role next year
Norway’s oil-services investment company Akastor has named a new chief financial officer of the company.
Edison, Ina joint venture hires Crosco jack-up rig
EdIna, a joint venture company between Italian energy company Edison and Croatia’s Ina, has reportedly hired a jack-up drilling rig from drilling and well services contractor Crosco, a subsidiary of Ina.
Seadrill: Offshore drilling market recovering, but at ‘lower pace’
Offshore drilling company Seadrill has painted a cautiously optimistic picture for the offshore drilling market outlook, with the company seeing an opportunity for high-end floaters as well as for jack-up reactivations in 2020.
Labour Party manifesto: Windfall tax on oil firms, delisting for those not tackling climate change
“It is only right that the big oil and gas corporations should pay for the necessary transition”
Billionaire Fredriksen steps down as Seadrill Chairman
“My close involvement and strong support of Seadrill will remain unchanged.”
EnQuest’s Thistle, Heather platforms still shut. Production to resume in 2020
UK North Sea operator EnQuest has said that its Thistle and Heather platforms are still shut, and are expected to resume production in the first half of 2020.
ABB cheers new era for offshore oil and gas following subsea power system test
ABB, a power and automation technology provider, has completed a 3,000-hour shallow water test on its subsea power distribution and conversion technology system.
First offshore decommissioning operation performed in Romania, OMV Petrom says
OMV Petrom has completed the removal of the Gloria platform from its production location in the Black Sea offshore Romania.
JDC’s Hakuryu-11 jack-up starts Vietnam ops
Japan Drilling Company’s jack-up drilling rig “HAKURYU-11” has a drilling operation offshore Vietnam.
Petrofac fetches over $120 million with new deals
Oilfield services provider Petrofac has been awarded contracts and extensions with a combined value of more than $120 million.
Neptune Energy gets offshore exploration permit in Dutch North Sea
Oil and gas company Neptune Energy has been awarded an exploration permit for block F5 in the Dutch sector of the North Sea by the Ministry of Economic Affairs & Climate Policy.
NOV to supply flexible pipes for Balder field
NOV Flexibles and Ocean Installer have signed a contract for the supply of flexible pipes and ancillaries for the redevelopment of the Vår Energi-operated Balder field located in the North Sea off Norway.
Standard Drilling sells 10-year-old PSV for $15M
Norway-based offshore vessel owning company Standard Drilling has agreed to sell its Standard Supporter platform supply vessel for $15 million.
Norwegian oil output in October above forecast
Norwegian oil production during October 2019 rose above expected levels, according to Tuesday’s report by the Norwegian Petroleum Directorate (NPD).