Fossil Energy
Serica meets conditions for Rhum field sanctions waiver, buys more stake in Bruce and Keith
Serica Energy and BP have satisfied conditions of the license relating to the UK North Sea Rhum field issued by the U.S. OFAC regarding the interest in the field held by the Iranian Oil Company.
Popular news, October 29 – November 4, 2018
Offshore Energy Today’s most popular news of the past week.
Turkish drillship starts drilling Mediterranean Sea well
Turkey’s first drillship Fatih is now at location and ready to drill the Alanya-1 well located in the Eastern Mediterranean Sea.
Odfjell Drilling to extend bank facility
Offshore driller Odfjell Drilling has accepted a firm offer to extend the bank facility of Odfjell Drilling Services until November 9, 2019.
Archer boasts ‘best quarterly operating result in 3 years’
Oil services company Archer returned to profit and saw a slight increase in revenues during the third quarter of this year when compared to the same period last year. Archer on Friday posted revenues of $213.7 million for the third quarter 2018 compared to $212.3 million in the prior-year quarter. T
Eidesvik fills vacant CFO position
Offshore support and construction ships owner Eidesvik has filled the recently vacated chief financial officer (CFO) role.
Uptime in gangway supply deal with Island Offshore
Norway’s Uptime International has entered into two new contracts with Norwegian-based Island Offshore.
Ensco confirms drillship deal with Total
UK-based driller shares more info on previously reported deal with Total.
TPAO’s Fatih drillship heads offshore to drill for oil and gas
Turkey’s first drillship Fatih has left Antalya and is on its way to a location in the Mediterranean Sea where it is expected to start searching for oil and gas.
Aker BP picks up drilling permit for North Sea wildcat
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for a wildcat well in the North Sea offshore Norway.
Fifth Starfish anchor handler joins Maersk fleet
The fifth Starfish-series vessel Maersk Mobiliser was delivered to Maersk Supply Service on Wednesday, October 31.
3T Energy acquires offshore training specialist Survivex
Technology and training organization 3T Energy Group has acquired Survivex, an offshore oil and gas training specialist based in Aberdeen.
Apache to speed up first oil from North Sea discovery
Apache plans to accelerate initial production from its Garten discovery located in the UK North Sea.
Shell in one of ‘strongest ever’ quarters. Profit soars on higher oil prices
Oil giant Shell posted a jump in earnings on the current cost of supply basis, boosted by higher oil and gas prices, in what Shell CEO said was one of the company’s strongest ever quarters.