Fossil Energy
Report: Saipem in talks to sell drilling business
Saipem is reportedly in talks to divest its drilling businesses, both onshore and offshore, according to a report by Bloomberg published on Friday.
Rolls-Royce Commercial Marine becomes part of Kongsberg
Norway’s Kongsberg Group has completed the purchase of Rolls-Royce Commercial Marine (RRCM).
Borr Drilling buys newbuild jack-up at discount price
Oslo-listed offshore driller Borr Drilling has bought the jack-up rig newbuilding, Hull No. B378 (formerly named Hakuryu-15), for $122 million from BOT Lease Co.
Vår Energi farming out share in Balder and Ringhorne fields to Mime Petroleum
Norwegian oil and gas company Vår Energi has agreed to sell a share in six offshore licenses across the Balder and Ringhorne fields in Norway to Mime Petroleum.
Popular news, March 25 – 31, 2019
Offshore Energy Today’s most popular news of the past week.
Shell taps Subsea 7 for Arran field work worth over $100 million
Shell has hired offshore installation and construction company Subsea 7 for work on the Arran gas field development in the UK North Sea.
‘Safe Scandinavia’ gets extra time on Aker BP’s Ula job
Norwegian oil and gas company Aker BP has exercised the second of three one-week options for the Prosafe-owned Safe Scandinavia accommodation rig.
Maersk keeping supply vessel business as strategy shift proves fruitful
Danish shipping giant Maersk which has been contemplating options for its offshore support vessel subsidiary Maersk Supply Service – including a potential sale – for two years, has decided to retain full ownership of Maersk Supply Service.
Solstad scores PSV hattrick. Shell takes ‘Normand Starling’ for Brazil support
Norwegian offshore shipowner Solstad Offshore has signed a contract with Shell for the platform supply vessel Normand Starling.
Oceanteam divests its stake in Mexican joint venture
Offshore support vessel provider Oceanteam has decided to divest its stake in a Mexican joint venture company to its Mexican partner Diavaz.
Safety order issued for Leiv Eiriksson rig
Norwegian offshore safety body has turned a notice of order to Ocean Rig regarding the working environment and emergency preparedness on the Leiv Eiriksson rig into a formal order.
Beerenberg nets Johan Sverdrup job with Aibel
Aibel has signed a letter of intent with compatriot services provider Beerenberg for work related to Equinor’s Johan Sverdrup P2 topside project.
Neptune sanctions Seagull project in North Sea
Neptune Energy has reached a final investment decision for its operated Seagull project, which is located in the UK North Sea.
Premier Oil wraps up Pakistan business sale
UK oil and gas company Premier Oil has completed the sale of its assets in Pakistan almost two years after first announcing an agreement to sell. “Premier is pleased to announce that it has completed the sale of Premier Oil Pakistan Holdings BV, which comprises Premier’s Pakistan business, to Al-Haj