Fossil Energy
Green light for Zennor’s Finlaggan field development
Zennor Petroleum has received approval from UK’s Oil & Gas Authority to proceed with the Finlaggan field development in the UK Central North Sea.
Solstad in talks with lenders amid liquidity concerns
Solstad Offshore has decided to start negotiations with lenders and other stakeholders to improve the overall liquidity situation.
Lundin awards extension to Island Offshore’s platform supplier
Island offshore has received a one-year contract extension for one of its vessels from Lundin in Norway.
Neptune Energy names new CFO
Offshore exploration and production company Neptune Energy has named Armand Lumens as Chief Financial Officer with effect from December 1, 2018.
Popular news, October 15 – 21, 2018
Offshore Energy Today’s most popular news of the past week.
Turkish Petroleum hires Schlumberger for offshore drilling support
Turkish national oil company Turkish Petroleum (Türkiye Petrolleri AO or TPAO) has hired Schlumberger, the world’s largest oilfield services firm, to help it with offshore drilling in the Mediterranean Sea.
Aker BP hits more pay with Gekko appraisal
Aker BP has confirmed hydrocarbons during the drilling of appraisal wells on the Gekko oil and gas discovery in the North Sea.
Driven by higher oil and gas prices, Aker BP books increase in 3Q profit and revenues
Aker BP has recorded an increase in its third quarter profit and revenues helped by higher oil and gas prices.
Rowan lands new gig for idle jack-up rig
Rowan Companies has received a contract extension for one of its drillships and a one-well contract for an idle jack-up drilling rig.
UK: OGA plans to maximize recovery from Buchan area with additional licensing round
UK’s Oil and Gas Authority (OGA) has initiated a new area plan to maximize economic recovery from the Greater Buchan area of the North Sea.
Chrysaor extends Stork’s North Sea asset integrity deal
Stork has been awarded a two-year contract extension by Chrysaor to deliver asset integrity services on three platforms in the Central North Sea.
Faroe Petroleum spuds Rungne well offshore Norway
Faroe Petroleum has started drilling the Rungne exploration well in the Norwegian sector of the North Sea.
UK: The Underwater Centre stops trading. 50 jobs at risk
The Underwater Centre, a subsea training center in Fort William, Scotland, has been placed under administration.
Equinor sells Norwegian field stake in further push to focus portfolio
Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for $220 million.