Fossil Energy
Wellesley hits dust with North Sea well
Wellesley Petroleum has completed the drilling of wildcat well 35/4-2 in the North Sea offshore Norway. The well is dry.
Maersk Supply Service completes OSV newbuild program with final Starfish AHTS delivery
Maersk Supply Service has completed its OSV fleet renewal program as it has taken delivery of the Maersk Marker AHTS.
Vår Energi joins carbon capture and storage partnership in Norway
Oil and gas company Vår Energi has entered into a partnership with the Norwegian Carbon Capture & Storage Research Center (NCCS) to enable fast track CCS technology development and deployment.
Equinor makes minor oil discovery in North Sea
Equinor has made a minor oil discovery in the North Sea offshore Norway.
Italy’s oil and gas exploration moratorium gives Cabot chance to assess future strategy
Cabot Energy has confirmed that the Italian government signed a decree which enacts the suspension of work on oil and gas exploration permits or applications for new exploration permits in Italy whilst a review is undertaken.
VIDEO: Total nears Culzean project completion in UK
Total is on the verge of completion of its huge Culzean gas project, which is located in the UK sector of the North Sea.
Awilco Drilling posts loss on WilHunter rig impairment
UK offshore drilling company Awilco Drilling has posted a net loss for the fourth quarter of 2018 of $24.2 million.
New CTO role at Proserv
Energy services company Proserv has promoted a new chief technology officer of Subsea Controls.
MHWirth elects new executive chairman and new CEO
Norwegian oil service investment company Akastor has appointed a new executive chairman and chief executive officer of MHWirth.
Aker BP gains drilling permit for Volund well
Norwegian E&P player Aker BP has received consent from the PSA for exploration drilling on the Volund field using the Deepsea Stavanger rig.
Equinor drills duster in Barents Sea
Equinor has concluded the drilling of wildcat well 7132/2-1 in the Barents Sea offshore Norway. The well was dry.
Kvaerner posts lower profit in 4Q, but sees improved market ahead
Kvaerner recorded lower revenues and profit in the last quarter of 2018 from the year-before, but sees an improved market and more projects ahead.
Ampelmann expands Russia presence with new Sakhalin office
Ampelmann has opened a new office in Sakhalin, Russia, in a move to expand its presence in the local market.
MFDevCo’s marginal gas fields project gets Siemens support
After signing a duty holder deal with Aker Solutions in January, Marginal Field Development Company (“MFDevCo”) has now entered into a collaboration agreement with another important industry name, Siemens’ Dresser-Rand business.