Fossil Energy
DNO slams Faroe’s ‘glossy’ report amid Oda field reserves downgrade
Norway’s DNO is not letting off Faroe Petroleum’s management, this time criticizing its target company’s recent ‘glossy’ resource report following Norwegian authorities downgrade of the estimated reserves of the Oda offshore field in which Faroe owns a share.
IOG expands SNS core project with Goddard discovery
IOG has expanded its Blythe Hub and the Vulcan Satellites Hub core project in the UK Southern North Sea to include the Goddard discovery.
Jan de Nul completes umbilical installation project offshore Egypt
Jan De Nul Group has completed the installation and burial of the two main subsea umbilicals for the exploitation of new gas fields in the West Nile Delta concessions, located in the North Alexandria region, offshore Egypt.
Samsung Heavy delivers new semi-submersible rig to Odfjell Drilling
Odfjell Drilling has taken delivery of Deepsea Nordkapp drilling rig from Samsung Heavy Industries in South Korea
Equinor sees higher production from fields supported by digital centers
Equinor has said that the digital support centers established to help create higher value, improve safety and reduce emissions from its installations on the Norwegian continental shelf have led to good results from the first onshore-supported fields.
Maersk Drilling fills key management and board positions ahead of planned listing
Maersk Drilling has made progress to ensure the company is ready for an independent listing on Nasdaq Copenhagen during 2019 by establishing a clear governance structure.
Sentinel Marine to create 80 new jobs by ordering three new ERRVs
Offshore support vessel specialist Sentinel Marine will create 80 new jobs by adding three multi-role ships to its fleet.
Ophir loses Fortuna discovery license offshore E. Guinea
Ophir Energy has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended following expiry of the license on December 31, 2018.
ConocoPhillips cleared to use Seadrill rig on Eldfisk field
ConocoPhillips has received consent from the Norwegian Petroleum Safety Authority to use the West Elara drilling rig for production drilling on the Eldfisk field located offshore Norway.
Spirit Energy gears up for Oda start-up
Norwegian authorities have approved the application for the start-up of the Oda field in the North Sea.
Wellesley gets safety consent to use Transocean rig on North Sea well
Wellesley Petroleum has received consent from the Petroleum Safety Authority for exploration drilling in the North Sea, using the Transocean Arctic drilling rig.
Popular news, December 31, 2018 – January 6, 2019
Offshore Energy Today’s most popular news of the past week.
“Don’t sell!” – Faroe tells shareholders to wait for better offer
Faroe Petroleum, a target of DNO’s hostile takeover bid of 152p a share, has once again urged shareholders not to consider DNO’s ‘opportunistic’ offer, as they’d lose an opportunity to benefit from any potential increase in the offer.
Corallian spuds Wick well offshore UK
Corallian Energy started drilling the Wick exploration well located in License P2235 off the UK on Tuesday, December 25, 2018.