Fossil Energy
Vantage trims losses amid increased activity
Vantage Drilling has managed to cut its quarterly loss on the back of higher revenues driven by growing contracting activity and utilisation.
Eidesvik, Aker BP eye ammonia fuel cell tech for OSVs
Norwegian shipowner Eidesvik Offshore ASA has entered into a memorandum of understanding (MoU) with compatriot oil company Aker BP and Alma, a venture under establishment by Clara Venture Labs, to explore opportunities for utilising Alma’s proprietary fuel cell technology to accelerate the move to z
Disappointing results for Aker BP in North Sea
Aker BP has concluded the drilling of a wildcat well in the North Sea and encountered a minor oil discovery, which is not commercial.
Equinor puts StormGeo in charge of weather and ship routing services
Equinor has awarded two contracts for weather and route advisory services in the North Sea and Norwegian Continental Shelf to StormGeo.
Helix, Trendsetter Engineering join hands for well intervention services
Helix Energy Solutions and Trendsetter Engineering have partnered up to provide integrated hydraulic intervention services for subsea wells and flowlines.
Prosafe gains support for restructuring plan in Norway
Prosafe has achieved what it says is an important milestone in its financial restructuring following the approval of its plan in Norway.
ExxonMobil and Petronas pool resources for CCS study in Malaysia
ExxonMobil has signed a memorandum of understanding with Petronas to explore carbon capture and storage technologies projects in Malaysia.
AqualisBraemar LOC enacting long-term succession plan for CEO role
AqualisBraemar LOC has revealed its long-term succession plan for the CEO role, which will enable the company’s COO to take over the role.
BW Offshore bags contract extension for Nigerian FPSO
FPSO operator BW Offshore has been awarded a contract extension for a vessel operating in waters offshore Nigeria.
ConocoPhillips files development plan for cross-border North Sea field
Oil major ConocoPhillips has submitted its plan for the development and operation of a field in the North Sea to Norwegian and UK authorities.
Fatal accident in waters off Libya after workers plunged into sea
An accident during vessel decommissioning operations in waters offshore Libya has resulted in the deaths of at least three Tunisian workers.
Cairn becoming operator of five Deltic’s North Sea gas licences
Deltic Energy has completed the farm-out agreement of five of its gas licences in the Southern North Sea with Cairn Energy.
Japanese jack-up rig begins Vietnamese drilling job
A Japan Drilling Company-owned jack-up rig has started drilling operations in waters offshore Vietnam for PetroVietnam.
Aker Solutions gets more work on Jansz-Io compression project
Aker Solutions has secured a contract from Chevron Australia to provide the dynamic subsea umbilicals for the Jansz-Io (J-IC) subsea gas compression development located off the coast of Western Australia.