Fossil Energy
Aker BP granted drilling permit for two North Sea wells
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for two wells located in the North Sea offshore Norway.
Equinor picks assembly site for world’s first project to power oil and gas installations from offshore wind
Norway’s Gulen Industrial Harbour in Sogn og Fjordane county has been awarded a contract for assembly site for the floating Hywind Tampen wind turbines, which could be used for electrification of oil and gas installations.
BP’s profit swells. Output highest since 2010
British oil major BP reported a rise in both, fourth quarter and full year profit of 2018.
Prosafe sinks to loss despite highest fleet utilization since 2015
Prosafe sank to the red in the fourth quarter of 2018 despite the highest quarterly fleet utilization since the third quarter of 2015.
Babcock names new director of UK offshore business
UK-based support services company Babcock has appointed a new director of its UK offshore business.
Repsol buys into Mikkel offshore gas field as Total exits
Spanish oil company Repsol will acquire French oil major Total’s 7.65% stake in Norway’s Mikkel field, offshore Norway. This will boost the company’s production in Norway to 32,000 barrels of oil equivalent a day.
Italy to suspend oil and gas exploration activities
Oil and gas company ADX Energy has informed that the Italian Senate has passed a Bill to suspend oil and gas exploration activities in permits that have been approved or are in the process of being approved.
Aker BP hits oil and gas at Froskelar Main well offshore Norway
Norwegian oil company Aker BP has hit oil and gas at it its Froskelar Main exploration well in the North Sea offshore Norway.
Siemens to provide compressors for Novatek’s Arctic LNG 2 project
NOVATEK has signed a contract for compressor equipment for three liquefaction trains on the Arctic LNG 2 project offshore Russia.
Popular news, January 28 – February 3, 2019
Offshore Energy Today’s most popular news of the past week.
BP supports shareholder resolution on climate change disclosure. Says strategy consistent with Paris goals
The resolution calls for BP to describe how company strategy is consistent with Paris goals
Malaysia’s Sapura Energy enters E&P pact with Austria’s OMV
Malaysia’s Sapura Energy and Austria’s OMV have successfully concluded their previously proposed strategic partnership agreement. The completion date was January 31, 2019. “This is a key milestone for both companies as we move forward with our aligned vision of creating a leading independent oil and
COSL Innovator semi-sub to drill Barryroe wells (Ireland)
COSL Drilling’s semi-submersible drilling rig COSL Innovator has been nominated as the rig to drill at the Barryroe oil accumulation located in the North Celtic Sea offshore Ireland. Providence Resources, the Ireland-based company whose subsidiary Exola operates the license containing the Barryroe p
Claxton opens new office in Stavanger, promises new jobs
Claxton, an engineering and services company in subsea services group Acteon, has opened a new office in Stavanger, Norway.