Fossil Energy
Wärtsilä upgrading nav systems on Sovcomflot’s shuttle tankers
Wärtsilä will upgrade the navigation systems installed onboard Sovcomflot’s shuttle tankers
Operator appeals against Denmark’s decision on Nord Stream 2 pipeline project
Nord Stream 2 AG, a subsidiary of Russia’s Gazprom and operator of the Nord Stream 2 offshore gas pipeline in the Baltic Sea, has filed an appeal against the decision of the Danish Energy Agency (DEA) related to a construction permit for its pipeline.
EnscoRowan signs deals for three floaters and five jack-ups
Offshore driller EnscoRowan has nabbed eight rig contracts and contract extensions with the likes of Total, Kosmos, NAM, Neptune Energy and others.
Shell to drill Selene prospect ‘soon’ as it farms into Cluff’s N. Sea block
Shell will pay 75% of the cost of an exploration well, including testing
Greenpeace activists end West Hercules rig protest
Greenpeace activists have ended their protest on the Barents Sea-bound West Hercules offshore drilling rig, currently located near Rypefjord village in the north of Norway, after spending 16 hours on the rig.
Repsol 1Q 2019 income flat despite lower oil prices
Spanish oil firm Repsol posted a net income for the first quarter of the year of 608 million euros, almost even compared to last year’s 1Q income of 610 million euros.
Aker Solutions books higher profit, expects increase in energy demand
Norwegian oilfield services provider Aker Solutions recorded an increase in its quarterly profit and revenues driven by high activity levels. Looking ahead, Aker Solutions expects an increase in energy demand. Aker Solutions recorded an increase in its first quarter 2019 net income which totaled NOK
BP profit dips on lower prices. Production up
British oil major BP posted a slight dip in the first quarter underlying replacement cost (RC) profit, citing the weaker oil price and margin environment at the start of the quarter.
Israel’s Delek targets Chevron’s North Sea oil and gas assets
Israeli Delek Group has confirmed it has made an offer to buy a package of North Sea assets owned by oil major Chevron.
Woodside hires two Diamond drillships for Senegal operations
Offshore drilling contractor Diamond Offshore has been awarded drilling contracts for two of its 2014-built drillships with Woodside in Senegal.
Denmark nods for Noreco’s acquisition of Shell’s Danish assets
Danish Energy Agency (DEA) has granted its approval to Norwegian Energy Company (Noreco) for the acquisition of Shell’s Danish upstream assets and the deal is expected to be closed in May.
BOA bondholders approve sale of two seismic vessels to SeaBird
Norwegian seismic acquisition company SeaBird Exploration has made progress in its efforts to acquire two seismic vessels owned by BOA Offshore.
GALLERY: Greenpeace activists climb West Hercules rig ahead of Equinor drilling plans
Four Greenpeace activists have climbed the West Hercules drilling rig, located near Rypefjord village in the north of Norway, and bound to drill in the Barents Sea for Equinor.
OKEA secures newbuild Odfjell rig for Draugen wells
OKEA has secured Odfjell Drilling’s rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field offshore Norway.