Fossil Energy
Texo Group opens new facility at Port of Blyth
Integrated asset services specialist Texo unveiled its new purpose-built facility at the Port of Blyth’s South Harbour terminal on Wednesday, July 17.
Anasuria Hibiscus buying UOG’s North Sea blocks
The blocks include the Crown Discovery, initially discovered by ConocoPhillips in 1998.
Premier prepares for Tolmount East appraisal well spud
Oil and gas company Premier Oil has said that drilling of the Tolmount East appraisal well located in the UK Southern North Sea will start shortly.
Aker Solutions books loss in second quarter
Norwegian oilfield services provider Aker Solutions recorded a loss in the second quarter of the year despite increase in revenues driven by higher activity.
Pandion buys stake in Norwegian Sea license from ConocoPhillips
Pandion Energy has entered into an agreement with ConocoPhillips to acquire a 20 percent interest in PL 891, containing the Slagugle prospect.
EnerMech promotes COO to chief executive role
Integrated engineering service provider EnerMech has appointed a new chief executive officer (CEO).
New finance deal to support offshore green energy switch
Stavanger-based Blueday Technology has teamed up with sustainable energy infrastructure fund manager SUSI Partners to offer a new financing structure for offshore and marine asset owners.
EU sanctions Turkey for drilling offshore Cyprus
The EU will stop high-level dialogues with Turkey and will reduce pre-accession assistance to Turkey for 2020.
Gudrun field partners to invest in further development
Partners in the Gudrun field offshore Norway have decided to invest in a water injection plant on the field to improve reservoir recovery. This will extend the field life by three years compared to the original plan.
Westwood: UK’s new entrant E&P companies need to step up investment in new production
A new study by Westwood Global Energy Group shows that new entrant E&P companies to the UKCS since 2008 now control 46% of production, 39% of reserves and 64% of potentially commercial volumes yet to be developed.
VIDEO: Equinor brings Trestakk field online
Norwegian oil and gas company Equinor started production from the Trestakk subsea field on Haltenbanken in the Norwegian Sea on Tuesday, July 16.
Equinor drills duster near Johan Sverdrup field
Equinor has failed to find hydrocarbons at the wildcat well 16/5-7, near the Johan Sverdrup field in the North Sea, offshore Norway.
Scottish Gov’t adds further $5 million to decommissioning fund
Scotland has launched the fourth round of the Decommissioning Challenge Fund through an injection of an additional $5 million.
TechnipFMC picks president of new ventures
Oilfield services company TechnipFMC has appointed a new president of new ventures.