Fossil Energy
Eni to operate one of Abu Dhabi’s largest offshore exploration concessions
Eni has signed a concession agreement for the acquisition of a 70% stake in a block off Abu Dhabi, leading a consortium including Thailand’s PTTEP.
BPC spuds Perseverance well off Bahamas
Bahamas Petroleum Company (BPC) has started drilling its eagerly anticipated Perseverance #1 well offshore the Bahamas and using the Stena IceMAX drillship.
Shell to write down oil and gas assets value by as much as $4.5 billion
Oil major Shell said it will write down the value of oil and gas assets by $3.5 billion to $4.5 billion following a string of impairments this year as it adjusts to a weaker outlook.
GMS snaps up two vessel extensions in UAE
Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels to the offshore energy industry, has won contract extensions for two K-Class (small) vessels.
Shelf Drilling sells jack-up rig to ADNOC Drilling
Offshore drilling firm Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.
Shell taps Aker Solutions for work on Ormen Lange Phase 3
Norwegian engineering firm Aker Solutions has been awarded a letter of intent from oil major Shell for the Ormen Lange Phase 3 onshore project.
Weir to supply 1,800 wellhead sets and trees to PTTEP
The Dubai arm of oilfield equipment supplier Weir Oil & Gas has signed a five-year deal to supply and install 1,800 sets of wellheads and trees in the Gulf of Thailand.
U.S. weekly offshore rig count up to 16
The number of offshore rigs in the U.S. climbed up by three units over the last week, according to a report by Baker Hughes Company.
MHWirth to deliver drilling equipment for Chinese drillship
Drilling solutions provider MHWirth has received an order to deliver a drilling equipment package for a Chinese drillship.
Standard Drilling finds new work for supply vessels
Standard Drilling has secured more work for its platform supply vessels. The vessel utilization for its PSVs totalled 74 per cent in October and November.
DOF Subsea scores multiple contracts in Atlantic region
Oslo-listed engineering and marine services player DOF Subsea has been awarded multiple new contracts for execution in the North Sea, Mediterranean and Africa.
Vantage jack-up scores new job off E. Guinea
Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.
Polarcus lands 4D project in Far East
Marine seismic player Polarcus has signed a memorandum of agreement with SCF GEO, a company in the Sovcomflot group, to provide 4D marine seismic acquisition services in the Far East.
Equinor cleared to use Odfjell rig in North Sea
Equinor has received consent from the country’s offshore safety watchdog to use the Deepsea Atlantic rig on a well in the North Sea off Norway.