Fossil Energy
Australian regulator assessing Pilot’s proposed sale of interest in Perth Basin to Triangle
NOPTA is assessing the sale agreement between Pilot and Triangle for the offshore Perth Basin exploration permit WA-481-P.
Rockhopper in high hopes after Italy’s arbitration objections get rejected again
Rockhopper Exploration remains hopeful about the resolution of its arbitration against Italy over the Ombrina Mare field in the Adriatic Sea.
Shell ordered to halt seismic survey off South Africa
On Tuesday, the Grahamstown High Court in Makhanda ordered Shell to immediately halt seismic survey activities along South Africa’s Wild Coast. Also, Shell and the Minister of Mineral Resources and Energy were ordered to pay the costs of the application for the interim interdict.
Borr gets closer to refinancing following successful equity offering of $30 million
Borr Drilling has completed an equity offering of $30 million, which has brought it closer to implementing its refinancing strategy.
Aker BP secures drilling permit for North Sea well trio
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
Gulf of Mexico ‘critical part of global energy story’ for Talos CEO
Talos’s CEO portrays the Gulf of Mexico and Gulf Coast as a ‘critical part of the global energy story’ due to multiple hydrocarbon resources.
Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market
Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.
Havila inks vessel deal for operations in Tunisia
Havila Shipping has secured a new contract for one of its platform supply vessels with Amilcar Petroleum for operations in Tunisia.
CGX Energy moving forward with demobilisation activities off Guyana
CGX will continue with the demobilisation of exploration drilling off Guyana, according to the Guyanese Maritime Administration Department.
Borr ponders equity offering of $30 million to bring its refinancing strategy to life
Borr Drilling is contemplating an equity offering of $30 million in its quest to successfully complete its refinancing plan.
Offshore watchdog spots 18 irregularities on Transocean rig
The Petroleum Safety Authority has issued an order to Transocean after discovering a total of eighteen irregularities on one of its rigs.
Shelf Drilling bags fresh extensions with Chevron for ops in Gulf of Thailand
Shelf Drilling has secured long-term contract extensions with Chevron for two jack-up rigs for operations in the Gulf of Thailand.
Borr firms up deal to defer $1.4 bln of debt maturities to reap benefits from market recovery
Borr has reached agreements in principle with creditors to defer $1.4 bln debt maturities to benefit from market recovery.
CCS market to reach $7 bln by 2028 bolstered by increased investments, Fortune Business Insight says
Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.