Fossil Energy
Perenco awards North Sea gig to Maersk Drilling rig
Maersk Drilling has been awarded a contract by Perenco for its Maersk Resolute jack-up drilling rig.
Novatek forms structure of Arctic LNG 2 project’s partnership
Russian gas producer Novatek has closed the sale of participation interests in its Arctic LNG 2 Project to two Chinese companies and a consortium of two Japanese companies.
Jersey’s new UK acreage opportunity to establish ‘major new area hub development’
Jersey Oil & Gas has been awarded significant acreage in the UK North Sea, containing over 100 million barrels of discovered oil, including the Buchan oil field.
Banking processing to blame for Barryroe loan delays, Providence says
After several delays, the Irish oil firm Providence Resources has still not received a $9 million loan from the Chinese firm APEC, its partner in the Barryroe project offshore Ireland.
Equinor picks up two safety consents for North Sea operations
Equinor has received two consents from the PSA – one for the use of a COSL rig for exploration drilling and one for the use of Utgard field facilities.
Popular news, July 15 – 21, 2019
Offshore Energy Today’s most popular news of the past week.
Schlumberger 2Q profit up 14 pct as new boss prepares to take the helm
Schlumberger recorded a 14 percent increase in its second quarter 2019 net profit while expecting oil market sentiments to remain balanced. Schlumberger has also revealed that its CEO will retire after eight years in the role and the company has already lined up a replacement.
Repsol making progress with Yme field development. First oil in 2020
Spanish oil company Repsol is pressing ahead with the development of the Yme field offshore Norway.
Rystad: Offshore project sanctioning in 2019 on track to surpass 2014 levels
Overall offshore project sanctioning in 2019 has surpassed the $50 billion mark, driven by Saudi Aramco’s recently announced $18 billion worth of project commitments associated with the Marjan and Berri expansion projects, Rystad Energy said on Thursday.
Noble Corp. lands extensions for jack-ups working in UK and Saudi Arabia
Offshore drilling contractor Noble Corporation has been awarded contract extensions for two jack-up rigs in the UK and Saudi Arabia.
Siemens pens five-year deal with BP for upstream projects
Oil major BP has signed a five-year global frame agreement with Germany’s Siemens.
Repsol cleared to use Scarabeo 8 rig on North Sea well
Spanish oil firm Repsol has received consent from the PSA for exploration drilling in the North Sea using the Scarabeo 8 drilling rig.
PHOTO: McDermott’s Amazon vessel arrives in Rotterdam for conversion work
The Amazon construction vessel has arrived in Rotterdam to start its transformation into an ultra-deepwater J-Lay vessel.
Equinor gains consent to use West Hercules rig on Gladsheim
Equinor has received consent for exploration drilling in block 32/4 in the North Sea offshore Norway, using the West Hercules rig.