Fossil Energy
U.S. offshore rig count stays at 13 for another week
The U.S. offshore rig count has not changed for the second week in a row, according to a Friday report by Baker Hughes.
Borr Drilling sees early signs of recovery despite 2Q loss
Borr Drilling booked a loss in the second quarter of the year as its revenues dropped, but the driller still sees early signs of recovery in the industry.
Equinor in first-ever drone transport to offshore field
Norwegian oil and gas company Equinor has completed a logistics operation with a drone to an offshore installation in the North Sea offshore Norway.
Gulf of Mexico operators returning to assets evacuated due to Hurricane Laura
Oil and gas operators in the U.S. Gulf of Mexico are slowly returning to their offshore facilities following an evacuation due to Hurricane Laura.
BIS fines Nordic with $31M for unlawful use of U.S. survey equipment in Iranian waters
US Bureau of Industry and Security (BIS) acting under secretary Cordell Hull has issued a final order imposing a $31,4 million penalty on Singapore based Nordic Maritime and its chairman, Morten Innhaug. The order imposing a civil penalty followed an earlier decision to impose a 15 year denial order
Total spuds highly anticipated South African well
French oil major Total has started drilling the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa.
Total taps Shearwater for survey over Mauritania blocks
Shearwater GeoServices has received an award for a large towed streamer 3D acquisition and fast track processing project by Total in Mauritania.
Former Schlumberger boss joins McDermott board
McDermott has informed that Andrew F. Gould, former Chairman and CEO of Schlumberger, has joined its board of directors.
IOG to award North Sea rig contract in coming weeks
Independent Oil and Gas (IOG) expects to award a contract for a drilling rig for its Core Project located in the Southern North Sea (SNS) “in the coming weeks”.
Total, Mozambique ink LNG project security deal
Total said it has signed an agreement with the government of Mozambique regarding the security of Mozambique LNG project activities.
Malaysian firm to take full control of North Sea operator
Malaysia’s DNeX has entered into a head of agreement (HOA) with Ping Petroleum to make an offer to acquire the remaining equity interest in Ping not currently owned by DNeX. Ping Petroleum is an upstream company focused on shallow-water offshore production and development opportunities in the North
Odfjell Drilling acquiring stake in Norwegian floating wind developer
Odfjell Drilling is investing in Oceanwind AS with an aim to acquire a stake that would ensure a controlling position in the Norway-based floating wind company. According to the Norwegian offshore drilling contractor, the move will support it on a path to zero-emissions drilling through projects tha
DOF bags $110 million worth of new contracts with Petrobras
Norwegian vessel operator DOF Subsea has been awarded four new contracts worth around $110 million with Petrobras in Brazil.
Shearwater gets CGG 3D survey award in Norway
Shearwater GeoServices has received an award by CGG for a 3D survey in Norway. The Northern Viking Graben (NVG) multi-client survey, which has already started, will take approximately one month to complete. The survey is being conducted by the SW Amundsen. “We are pleased to see this award which wil