Fossil Energy
Repsol Sinopec shuts down North Sea platforms due to pipeline repairs
Production at the Claymore offshore platform located in the UK North Sea has been temporarily shut down as the operator Repsol Sinopec Resources UK is working to repair a valve on the export pipeline from the platform to the onshore Flotta terminal in Scotland.
Edison: Work begins on gas project off Sicily
Italian oil firm Edison has informed that it has, together with Eni, started developing gas reserves in the G.C1.AG. concession, offshore Sicily, Italy.
EnscoRowan wins $180M in drillship case against Samsung Heavy
Offshore driller EnscoRowan has won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case.
OMV to create over 250 new jobs in Vienna
Austrian oil and gas company OMV has said it will expand the role of its headquarters and create more than 250 new, high-skilled jobs in Vienna.
Sentinel Marine shares first renders of China-built ERRV trio
UK-based offshore vessel owner Sentinel marine has shared first computer-generated images of what will be its new emergency response and rescue vessels.
Eni and Sonatrach renew gas supply deal
Italian oil and gas giant Eni and Algerian Sonatrach have extended their gas supply contract until 2027.
Maersk Drilling expects higher utilization and day rates in longer term
While Maersk Drilling’s 1Q 2019 result was impacted by lower day rates and expiry of legacy contracts, the driller expects improved market fundamentals with increased utilization and higher day rates in the longer term.
Three firms combine to create new decommissioning player in Aberdeen
AF Gruppen’s subsidiary AF Offshore Decom is joining forces with offshore decommissioning players Heerema Marine Contractors and Decom Energy, to launch a new company: Fairfield Decom.
Maersk Drilling keeping its rig fleet busy as more work comes in
Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy as new contracts and extensions pour in for the driller. In its fleet status report published on Thursday Maersk Drilling said that several new contracts and extensions were signed during the first quarter of
Lukoil kicks off commercial operation at two Baltic Sea wells
Russian oil and gas company Lukoil has started commercial operation of two wells at D41 offshore field in the Baltic Sea.
Premier Oil ups 2019 production guidance
Premier Oil is lifting its production guidance for the year as the current levels of oil and gas output are ahead of forecast.
Equinor spills oil during loading operation at Statfjord field
Norwegian oil firm Equinor has informed that oil spilled during a loading operation in the North Sea offshore Norway on Wednesday.
Denmark opens comment period for third route of Nord Stream 2 offshore gas pipeline
The Environmental Impact Assessment report for the Nord Stream 2 AG natural gas offshore pipeline route to the south-east of Bornholm, Denmark has been made available to the public by the country’s coordinating authority, the Danish Energy Agency.
Transocean raising $500M via note offering
Offshore drilling company Transocean has started a private note offering in a push to raise $500 million.