Fossil Energy
Cairn sells half of its interest in Nova project
Cairn Energy has entered into a farm-out agreement for the sale of a 10% interest in the Nova development offshore Norway.
Noreco names new chief financial officer
Norwegian Energy Company (Noreco) has appointed a new chief financial officer (CFO) of the company.
Final Nord Stream 2 pipe leaves Swedish port
The last pipe for the Nord Stream 2 pipeline stored within the premises of the port of Karlshamn, Sweden has left the port.
Providence cuts jobs and directors while waiting on Chinese loan
Providence Resources has decided to lay off all of its technical and support staff and downsize its board. The company is still waiting on the Chinese loan to cover the costs of a survey and pre-drill well consenting for the Barryroe prospect offshore Ireland.
Green light for Aker BP’s North Sea well
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 30/12-2, which is located in the North Sea offshore Norway.
Capricorn drills duster in Norwegian Sea
Capricorn Norge has completed the drilling of wildcat well 6608/11-9 in the Norwegian Sea and the well is dry.
Popular news, July 29 – August 4, 2019
Offshore Energy Today’s most popular news of the past week.
Noble Corporation narrows second quarter loss
Offshore drilling contractor Noble Corporation reduced its quarterly loss as its revenues grew during the second quarter of 2019.
Green light for Neptune’s Juliet decommissioning plan
Oil and gas company Neptune Energy has received approval for its decommissioning plan for the Juliet field located in the UK North Sea.
Saipem joins JV for construction of three trains for Arctic LNG 2 project
Italian oilfield services contractor Saipem has joined the JV for the realization of the Arctic LNG 2 project with a share worth approximately €2.2 billion ($2.4B).
Stork to continue providing services on Centrica’s UK assets
Stork has been awarded a contract extension by Centrica Storage to continue providing fabric maintenance and associated services for the company’s UK onshore and offshore oil and gas assets.
RigNet to provide analytics solution to Transocean rigs
RigNet, a global provider of communications solutions for the offshore oil and gas industry, has signed two multi-year agreements with offshore drilling contractor Transocean.
Siem Offshore’s former drillship picks up five-year extension
Overseas Drilling Limited (ODL), a wholly-owned subsidiary of offshore vessel supplier Siem Offshore, and Texas A&M Research Foundation have agreed a charter extension for the JOIDES Resolution scientific research vessel.
UK’s OGA offers two blocks around Rhum field in North Sea
UK’s offshore regulator has launched a restricted ‘Out of Round’ offer of two blocks 3/24c & 3/29c, around the Northern North Sea Rhum field.