Fossil Energy
Noble Corp. eyes increase in offshore drilling activity despite 3Q loss
Similar to its rival Rowan, offshore driller Noble Corporation is seeing an increase in offshore drilling activity despite recording a loss for the third quarter of the year.
Offshore safety body spots irregularities on Ekofisk
The PSA has found irregularities during an audit of ConocoPhillips’ Ekofisk in the North Sea.
Rowan, Ensco see improvement in offshore drilling space
U.S. offshore drilling company Rowan, expected to be acquired by its UK rival Ensco, sees improvement in the offshore drilling space.
Repsol records higher profit in 3Q and highest 9-month result in last decade
Spanish oil company Repsol recorded an increase in its profit for the third quarter of 2018 driven by improvement in its upstream business. Repsol said on Wednesday that its operating income for the third quarter 2018 increased to 934 million euros from 653 million euros in the same period last year
ADX finds farm-in partner for offshore block in Italy
Oil and gas company ADX Energy has found a farm-in partner for its acreage in Italy. The partner, SDP Services Limited, will fund a part of its work program in the 363 C.R-.AX Permit.
Faroe secures drilling permit for Brasse East appraisal
The Norwegian Petroleum Directorate (NPD) has granted Faroe Petroleum a drilling permit for well 31/7-3 S located offshore Norway.
Odfjell Drilling finalizes $325M loan deal for new offshore rig
Offshore driller Odfjell Drilling has signed the final agreement for a $325 million bank loan that will be used to finance rig acquisition.
i3 Energy pushes back Liberator site survey
Oil and gas company i3 Energy has pushed back the site survey on the Liberator field offshore UK.
Serica’s Columbus field development plan approved
Serica Energy has informed that its field development plan for the Columbus field in the North Sea has been approved by the UK Oil and Gas Authority.
Equinor awards fourth Sverdrup jacket contract to Kvaerner
Equinor has awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kværner.
Point Resources hires DOF platform supplier
Norwegian shipping company DOF has won a new contract for one of its platform supply vessels.
Offshore Supply Vessel takes part in huge NATO exercise
Norwegian offshore vessel owner Simon Mokster has informed that its offshore supply vessel Stril Mar has taken part in the NATO “Trident Juncture” exercise. According to Naval Today, the flagship NATO exercise Trident Juncture 2018 is expected to be one of the largest ever with 40,000 personnel, aro
Bilfinger wins Johan Sverdrup work
Bilfinger has received follow-up orders from its contract partner, the Norwegian service company Aibel, that are to tie in with phase 1 of the Johan Sverdrup oil field project offshore Norway.
Equinor set to drill North Sea prospect using Transocean rig
Equinor has received consent from the PSA to use the Transocean Spitsbergen rig for drilling of the Presto prospect.