Fossil Energy
Texo selects Port of Blyth as location for new facility
UK’s Port of Blyth will soon be welcoming another new client to its offshore energy hub.
NAO finds North Sea work for platform supplier
Offshore vessel operator Nordic American Offshore (NAO) has been awarded a one-year fixed contract for one of its platform suppliers.
Transocean wraps up $2.7B Ocean Rig acquisition
Offshore drilling giant Transocean has become even bigger as it on Wednesday evening announced the completion of the acquisition of Ocean Rig UDW, an ultra-deepwater drilling specialist.
Solstad asking for suspension on debt payments
Solstad Offshore has scheduled a bondholders’ meeting to ask their consent for temporary suspension and deferral of interest and amortizations on financial debt.
IHS Markit to floating rig owners: Curb your enthusiasm!
Following several years of depressing market conditions, offshore rig owners have started showing optimism about the market outlook, encouraged by a recent rise in oil prices and the expectations that the oil majors must start spending more on exploration after years of underinvestment.
DNO questions the value of Faroe’s asset swap deal with Equinor
DNO is questioning the value of Faroe’s Norwegian asset swap deal with Equinor amid recent hostile takeover attempt it had launched for Faroe.
Equinor and partners to invest $165 million in Vigdis boosting station
Norway’s Equinor has decided to boost production at its subsea field Vigdis by almost 11 million barrels.
Siemens upgrading well intervention vessel with battery solution
Siemens has won a contract to upgrade the AKOFS Seafarer vessel with a battery solution, making it the first such upgrade for a well intervention vessel.
Spirit Energy spuds Cassidy well offshore Norway
Spirit Energy has started drilling the Cassidy exploration well in the Norwegian sector of the North Sea within the Oda license.
Equinor granted drilling permit for North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well in the North Sea offshore Norway.
Maersk Supply Service chooses new CFO
Danish offshore shipowner Maersk Supply Service (MSS) has elected a new chief financial officer of the company.
Maersk Drilling to provide rigs for Seapulse’s 12-well drilling program
Maersk Drilling and Seapulse have signed a Master Alliance Agreement under which Maersk Drilling will provide fully integrated services for a global offshore oil & gas exploration drilling program of 12 wells.
Equinor, Faroe swap Norwegian assets
Equinor and Faroe Petroleum have agreed a number of transactions in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS).
First oil flows from Apache’s Garten development
Apache Corporation has initiated production from its Garten development on Block 9/18a Area-W in the United Kingdom sector of the North Sea.