Fossil Energy
COSL Drilling made exclusive rig provider for OKEA
A four-year-long frame contract has been signed by COSL Drilling Europe with OKEA for the use of COSL’s rigs in Norway.
Shelf Drilling clinches 10-year rig job
Shelf Drilling has secured a ten-year contract extension for a jack-up rig in direct continuation of its current contract in the Arabian Gulf.
Disappointing result for BW in Gabon appraisal well
BW Energy has not encountered hydrocarbons in the target Gamba reservoir of its Hibiscus Extension appraisal well off Gabon.
BHP produces first oil from Ruby project
Oil and gas company BHP has produced first oil production from the Ruby project, which is located offshore Trinidad and Tobago.
Aker Solutions reveals good figures in 2021 start
Aker Solutions has reported growth in both earnings and order intake in the first quarter of 2021, with about 35 per cent of new contracts related to the energy transition. In Q1 2021, Aker Solutions saw an EBITDA of NOK 427 million (approximately EUR 42.5 million), with a margin of 6.6 per cent, an
NEO Energy to halve carbon intensity per barrel by 2030
NEO Energy has revealed a set of ambitions to reduce its carbon emissions as part of the energy transition plans.
FutureOn digital twin software backs Aker BP’s subsea activities
Aker BP has awarded FutureOn with a contract for its digital twin software with the aim of digitizing workflows within concept development and field development studies. Aker BP will use the software to visualize subsea data, map the design of digital twin fields, and foster greater digital collabor
Noble Corp. shares Transocean’s optimism about market outlook
Just like its rival Transocean, Noble Corp. is optimistic about the outlook with a pipeline of tender opportunities on the horizon.
Saipem chairman takes on chief executive role
Italian oilfield services provider Saipem has appointed the current chairman of the company as its new chief executive officer (CEO).
Shelf Drilling nets three-year rig job in India
Offshore drilling contractor Shelf Drilling has won a contract for the Trident XII jack-up rig with the Oil and Natural Gas Corporation (ONGC) in India.
Wintershall Dea terminates West Mira rig after x-mas tree incident
Offshore rig owner Seadrill Limited has revealed that a termination notice has been received for the West Mira rig from Wintershall Dea.
Viasat buys offshore comms services provider RigNet
U.S.-based global communications company Viasat has completed its previously announced acquisition of offshore telecommunication services provider RigNet.
Valaris hauls in sixteen new contracts and extensions
The now restructured and debt-relieved offshore drilling contractor Valaris has been awarded sixteen new contracts and extensions with more than a dozen different oil and gas companies.
Sembcorp Marine battling COVID-19 related workforce shortages
Singapore-based Sembcorp Marine continues to face COVID-19 supply chain constraints and shortage of skilled workers, the company said announcing its Q1 results. The workforce shortage has been ascribed to the ongoing travel bans caused by the pandemic, as foreign workers, primarily those from India