Fossil Energy
BP boosts Clair stake after closing ConocoPhillips deal
Oil major ConocoPhillips has completed its previously announced sale to BP of a ConocoPhillips subsidiary that holds a 16.5 percent interest in the BP-operated Clair Field off the UK.
Saipem nets $255 million in new drilling contracts
Saipem has been awarded new onshore and offshore drilling contracts worth approximately $255 million in total.
Oceaneering bags North Sea inspection contract with Petrofac
Oceaneering has secured a three-year provision of inspection enactment services contract with Petrofac in the UK.
Bergen Group-Endúr merger and name change approved
Bergen Group-Endúr Fabricom merger has now been approved as well as the subsequent name change of the new entity to Endúr. The two companies entered into an agreement to merge back in late August 2018. The proposed merger received unanimous approval from the respective boards of directors of the two
ONE and Dyas to merge in new entity focused on North Sea
Dutch Oranje-Nassau Energie B.V. (ONE) and SHV Holdings have reached an agreement to merge their upstream energy businesses, in a combined entity called ONE-Dyas.
Lukoil produces 20 million tonnes of oil from Caspian Sea fields
Lukoil’s cumulative production of oil in the Russian part of the Caspian Sea has exceeded 20 million tonnes.
Offshore watchdog finds safety flaws on Equinor’s Troll C platform
Norwegian offshore safety watchdog has found a number of non-conformities and improvement points during an audit of Equinor’s Troll C platform offshore Norway.
VIDEO: BigLift vessel takes jack-up rig to West Africa
BigLift Shipping, a heavy lift shipping company, has recently transported a jack-up drilling rig from the Netherlands to West Africa.
Solstad and Ocean Yield enter standstill period for anchor handling duo
Ocean Yield has entered into a standstill agreement with Solstad Offshore for two anchor handlers built in 2013.
U.S. senators call for cancellation of Nord Stream 2 pipeline due to Russia’s recent ‘aggressive actions’
Over 40 U.S. senators have called for the cancellation of the Nord Stream 2 offshore gas pipeline as a response to Russian actions in the Kerch Strait and the Sea of Azov.
Two seismic vessels visit Damen yard for upgrade and repair works
Two seismic survey vessels have recently completed their stay at Damen Shiprepair Amsterdam where they were repaired, cleaned, and repainted.
Fred. Olsen Energy to change its name amid refinancing efforts
Norwegian offshore drilling company Fred. Olsen Energy (FOE) has decided to change its name amid ongoing refinancing efforts.
i3 Energy pushes on towards Liberator development approval
i3 Energy continues to progress the necessary documentation with the UK’s Oil & Gas Authority to achieve Field Development Plan approval in early 2019 for the Liberator development off the UK.
Lundin bites dust in Norwegian Sea well
Lundin Norway is in the process of concluding the drilling of wildcat well 6307/1-1 S located in the Norwegian Sea. The well is dry.