Fossil Energy
Total makes minor gas discovery in Norwegian Sea
French oil company Total has completed drilling of two wells in the Norwegian Sea, making a minor gas discovery in the process. The Norwegian Petroleum Directorate on Friday said that Total had concluded the drilling of wildcat well 6406/6-6 S and appraisal well 6406/6-6 A. The wells were drilled ab
MFDevCo in collaboration with Marnavi for development of marginal gas fields
Nu-Oil and Gas’ 50%-owned joint venture, MFDevCo, has entered into a strategic collaboration agreement with Marnavi Offshore, including its subsidiary Next Geosolutions.
IKM Testing to work on Total’s Tyra redevelopment project
Total has awarded IKM Testing a contract for cleaning and preparation for the removal of existing platforms and associated subsea pipelines on the Tyra field offshore Denmark.
ONGC takes Shelf Drilling jack-up for a three-year spin
Jack-up drilling specialist Shelf Drilling has been awarded a three-year contract in India for one of its rigs. Shelf Drilling said on Wednesday the contract was for the Ron Tappmeyer jack-up rig with the client being Oil and Natural Gas Corporation (ONGC), India’s national oil company. The contract
DOF scores PSV work with ‘major’ North Sea operator
Norwegian offshore vessel owner has secured a contract for one of its platform supply vessels. In a brief Oslo stock exchange announcement on Wednesday, the company said it had won a contract for the Skandi Gamma PSV. DOF said the contract was for two years and was with a major North Sea operator. D
Transocean raising cash to pay for Deepwater Poseidon drillship
Transocean said it would use the net proceeds “to partially finance the construction or acquisition of the Deepwater Poseidon [drillship] .”
Green light for Lundin to use Leiv Eiriksson rig in North Sea
Lundin has received consent from Norway’s PSA for exploration drilling in the North Sea using the Leiv Eiriksson semi-submersible rig.
Ashtead Technology, 4Subsea in subsea technology pact
Ashtead Technology and 4Subsea have sealed a partnership for global distribution of sensor technology to the oil and gas industry.
Seadrill Partners to slash dividend. Cites low rig rates, looming debt maturities
Seadrill Partners, an affiliate of offshore driller Seadrill, will reduce the quarterly distribution to its common unitholders from 10 cents per unit to 1 cent per unit. “The move reflects the slower than anticipated recovery in dayrates and the company’s desire to preserve liquidity ahead of debt m
Gassco to use Vesterled pipeline beyond design life
Norwegian gas transport company Gassco has received approval to use the Vesterled subsea pipeline in the North Sea beyond the design life. “We have now given Gassco consent to operate the pipeline until the production license expires in 2028,” the Petroleum Safety Authority Norway said on Tuesday. V
Report: Oil industry to hike investment, grow workforce in 2019
Oil and gas companies are expected to increase spending, grow workforce, and focus more on digitalization and decarbonization in 2019, according to a report by DNV GL.
DEME’s Apollo jack-up vessel completes first decom job
Marine engineering group DEME has carried out a first decommissioning jobs with its newest DP2 jack-up vessel Apollo.
Standard secures term work for all five large PSVs
S.D. Standard Drilling has secured term contracts for all five of its large platform supply vessels with potential for entire winter coverage for all its large size vessels.
Cairn to spud three wells as operator in UK & Norway in 3Q 2019
Cairn Energy plans to drill a total of four exploration wells across a variety of play types in the UK and Norway during 2019.