Fossil Energy
New CFO to join helicopter operator NHV
Offshore helicopter operator NHV Group has appointed Laurent Verhelst as the Chief Financial Officer (CFO) of the company.
U.S. offshore rig count down by one
The number of offshore rigs in the U.S. decreased by one unit last week, according to Baker Hughes and its weekly rig count reports.
In focus: ‘Energy transition, step up your game’
There is a reason why we speak of energy transition instead of energy revolution. It is a process in which we gradually phase out fossil fuels
Noble Corp. making a comeback to NYSE
Offshore drilling contractor Noble Corporation has received approval for listing its ordinary shares on the New York Stock Exchange (NYSE).
Russia completes first Nord Stream 2 line
Russia has finished laying the first line of the Nord Stream 2 gas pipeline to Germany, Reuters reported President Vladimir Putin as saying at an economic forum on Friday, 4 June. Nord Stream 2 comprises two parallel 48-inch lines, approximately 1,200 kilometers long, each starting southwest of St.
Qatar Petroleum CEO warns of dangers of stopping oil & gas investments
Qatar Petroleum has warned that depriving the oil & gas sector of new investments amid energy transition could result in big spikes in prices.
Hurricane may face wind-down if no agreement for Lancaster FPSO is reached
Hurricane Energy is looking to shorten the bareboat charter term for Bluewater’s FPSO Aoka Mizu due to significant financial obligations.
Novatek, Gazprom Neft form Arctic E&P joint venture
Russian energy firms Novatek and Gazprom Neft have formed an exploration and production joint venture which will focus on developing a license in the East Siberian Sea and the Chukchi Sea.
Prosafe strikes a deal with lenders over restructuring plan
Following an agreement with lenders, Prosafe expects to reduce its debt significantly and improve the balance sheet and financial flexibility.
Nord Stream 2 hits home stretch with 100 kilometres left to go
Five years after the start of construction, the Nord Stream 2 gas pipeline under the Baltic Sea is nearly complete with just 100 kilometres left to build.
Deepwater Tornado well pays off for Talos
Talos Energy has completed drilling operations on the Tornado 3 sidetrack well, in the U.S. Gulf of Mexico, which successfully discovered pay.
Shearwater kicks off second phase of North Sea seismic survey
Shearwater GeoServices has begun the second, larger phase of the Mid North Sea High (MNSH) 3D seismic survey program in the UK for ION Geophysical.
CHC gets extension on Neptune’s UK assets
Offshore helicopter operator CHC has been awarded a contract extension by Neptune Energy for operations in the UK North Sea.
Archer wraps up DeepWell acquisition
Oilfield services provider Archer has closed the acquisition of Norwegian well intervention company DeepWell.