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Fossil Energy

Fire on Saipem pipe-layer in Caspian Sea injures 14
Fossil Energy

Fire on Saipem pipe-layer in Caspian Sea injures 14

A pipe-laying vessel working for Italian oilfield service provider Saipem reportedly caught fire on Wednesday, May 8.

about 7 years ago
KBR bags more Greater Tortue Ahmeyim work
Fossil Energy

KBR bags more Greater Tortue Ahmeyim work

BP has awarded KBR’s UK operating subsidiary the Engineering, Procurement and Construction Management contract to provide Facilities Integration and Terminal Quarters and Utilities (QU) Management for the Hub/Terminal of BP’s Greater Tortue Ahmeyim Project, located at the maritime border of Senegal

about 7 years ago
Shelf Drilling, China Merchants wrap-up four-rig transaction
Fossil Energy

Shelf Drilling, China Merchants wrap-up four-rig transaction

Jack-up rig operator Shelf Drilling has completed the previously announced transaction to buy two newbuild jack-ups and bareboat charter two additional units from China Merchants.

about 7 years ago
DOF Subsea secures North Sea work for its vessels
Fossil Energy

DOF Subsea secures North Sea work for its vessels

DOF Subsea has recently secured several new contracts for project scopes to be carried out over the next few months in the North Sea.

about 7 years ago
Prosafe swings to quarterly loss
Fossil Energy

Prosafe swings to quarterly loss

Offshore accommodation rigs operator Prosafe booked a loss in the first quarter of the year as its revenues declined due to lower dayrates.

about 7 years ago

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Talos: Production resumes from Helix Producer I unit in Gulf of Mexico
Fossil Energy

Talos: Production resumes from Helix Producer I unit in Gulf of Mexico

U.S. based oil firm Talos Energy has resumed production at the Helix Producer I vessel in the Gulf of Mexico following a mandatory two-month drydock. The vessel, which had produced 35 MBoe/d prior to the drydocking, departed the shipyard on March 7, 2019.

about 7 years ago
New technology of making wind-powered water injection one step closer to becoming viable
Fossil Energy

New technology of making wind-powered water injection one step closer to becoming viable

DNV GL has urged offshore oil and gas operators to use floating wind turbines to power water injection for oil recovery, which is one step closer to becoming a technically viable and commercially deployable system.

about 7 years ago
UPDATE: North Sea helicopter pilots vote for strike amid pay dispute
Fossil Energy

UPDATE: North Sea helicopter pilots vote for strike amid pay dispute

Helicopter pilots serving the UK offshore oil and gas industry have voted for strike action over a pay dispute.

about 7 years ago
Aker BP set to drill North Sea well duo with Deepsea Stavanger rig
Fossil Energy

Aker BP set to drill North Sea well duo with Deepsea Stavanger rig

Norwegian E&P player Aker BP has received consents from the PSA to drill two exploration wells off Norway, using the Deepsea Stavanger drilling rig.

about 7 years ago
Investigation finds breaches of regulations following ‘West Hercules’ incident
Fossil Energy

Investigation finds breaches of regulations following ‘West Hercules’ incident

Norwegian Petroleum Safety Authority Norway has completed its investigation of the incident on West Hercules rig on January 16, 2019, when the lower marine riser package was unintentionally disconnected. Several breaches of the regulations have been identified.

about 7 years ago

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DNO in capex boost. Earmarks $190M for North Sea ops
Fossil Energy

DNO in capex boost. Earmarks $190M for North Sea ops

Oil and gas company DNO focused on Kurdistan, and as of recently on the North Sea after buying Faroe Petroleum, is set to boost its capital expenditure to boost capital and exploration expenditure this year.

about 7 years ago
Saudi Aramco, Equinor invest in blockchain-as-a-service solution
Fossil Energy

Saudi Aramco, Equinor invest in blockchain-as-a-service solution

Houston-based technology company Data Gumbo has completed a $6 million equity funding round for its blockchain-as-a-service platform.

about 7 years ago
Maersk Drilling to convert ‘Maersk Intrepid’ to hybrid rig
Fossil Energy

Maersk Drilling to convert ‘Maersk Intrepid’ to hybrid rig

Danish offshore driller Maersk Drilling has made plans to launch what it says will be the first hybrid, low-emission, offshore drilling rig.

about 7 years ago
Worldwide offshore rig count in April up by 62 rigs year-over-year
Fossil Energy

Worldwide offshore rig count in April up by 62 rigs year-over-year

The worldwide offshore rig count in April 2019 increased by 5 units sequentially and by 62 rigs year-over-year, according to monthly rig count reports by Baker Hughes, a GE company (BHGE).

about 7 years ago