Fossil Energy
Providence in ‘urgent need for additional working capital’
Due to delays by its Chinese partner APEC with sending a promised loan, Irish Providence Resources is working to raise about $3.76 million amid an urgent need for additional working capital.
Equinor gains consent to use Transocean rig on Mist well
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Barents Sea using the Transocean Enabler rig.
Drilling permit for DEA Norge’s Norwegian wildcat
The Norwegian Petroleum Directorate has granted DEA Norge a drilling permit for a wildcat well located in the Norwegian Sea.
Equinor’s North Sea field duo to operate 34 years longer than expected
The Norwegian Petroleum Directorate has granted Equinor consent to use the facilities on the Tordis and Vigdis fields, located in the North Sea off Norway, beyond the approved lifetime.
Lower oil prices to push global service market into recession in 2020, Rystad says
Lower oil prices will push the global service market into a recession in 2020 after three successive years of growth, according to Norwegian intelligence firm Rystad Energy.
Testing confirms presence of light oil at Hurricane’s UK well
Hurricane Energy has reported that the results of testing of the Lincoln Crestal well located offshore the UK have confirmed the presence of light oil, which can be produced at commercial rates.
STATS signs agreement for Sakhalin-2 gas project
Pipeline technology specialist STATS has signed a trilateral memorandum of understanding (MoU), which will increase its presence on Sakhalin-2, Russia’s first offshore gas project.
Kongsberg to supply hybrid power upgrade to Tidewater’s OSV
Norway’s Kongsberg has been contracted to provide a hybrid power upgrade for the Tidewater-owned offshore supply vessel Bailey Tide.
OMV reappoints CEO and deputy chairman
Austrian oil company OMV has reappointed its chief executive officer (CEO) and deputy chairman to new terms in office.
IOG confirms gas discovery at Harvey appraisal well
IOG has reached a total depth at the Harvey appraisal well 48/24b-6 in the UK Southern North Sea Gas Basin, confirming a gas discovery.
Approval for Perenco’s decommissioning plan for Pickerill field
Perenco has received approval from the UK authorities for its decommissioning program for the Pickerill gas field installations located in the UK North Sea.
Vår Energi to use ‘Island Constructor’ for Goliat well intervention
Norwegian oil and gas company Vår Energi has received consent from the PSA for the use of the Island Constructor for well intervention on the Goliat field.
Equinor granted life extension for two North Sea fields
Equinor has received consents from the Petroleum Safety Authority to use the facilities on the Vigdis and Tordis fields – both located in the North Sea off Norway – beyond their original operating life.
i3 Energy reaches total depth at Liberator well
i3 Energy has reached total depth at its operated Liberator well 13/23c-9 located in the UK North Sea.