Fossil Energy

Lundin cleared to drill Barents Sea well
Swedish oil company Lundin Energy has been given a drilling permit to drill the 7219/11-1 well in the Barents Sea, offshore Norway.

Vantage Drilling cuts losses
Offshore drilling company Vantage Drilling International saw its net loss shrink in the first quarter of 2019.

PGS kicks off Viking Graben extension project
PGS seismic vessel Ramform Vanguard has begun a new multi-azimuth marine seismic survey in the North Sea. This industry-funded project further extends the GeoStreamer X area within the Viking Graben by 1160 square kilometres. Norwegian seismic player said the first data is due in the third quarter 2

Petrobras hits two new oil discoveries offshore Brazil
Petrobras has made two new oil discoveries in Brazil’s offshore waters.

Petrofac scoops more work with BP
Oilfield services provider Petrofac has won a three-year extension to its existing maintenance contract with oil major BP.

Serica seals the deal for Awilco rig
Serica Energy and drilling contractor Awilco have signed a contract for the provision of WilPhoenix rig for one-well workover on the Rhum field located off the UK.

Offshore regulator starts assessing Beach Energy’s survey plan
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has begun an assessment of Beach Energy’s proposed T/30P geophysical and geotechnical seabed survey offshore Australia.

Equinor granted drilling permit for North Sea well
Norwegian oil major Equinor has been given a drilling permit to drill the 30/2-5 S well in the North Sea, offshore Norway.

Green light for OMV to use Island Innovator rig in Norwegian Sea
Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig.

Demand for remote offshore rigs inspections skyrockets due to COVID-19
Classification society Bureau Veritas (BV), a world leader in testing, inspection and certification services, has noted a 900 per cent rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID-19 pandemic.

SSCV Sleipnir installs Nova module on Neptune’s North Sea platform
Heerema’s Sleipnir, the world’s largest semi-submersible crane vessel, has transported and installed the Nova topside module on the Gjøa platform in the North Sea.

Ulstein delivers two platform suppliers to COSL
Norwegian shipbuilder and designer Ulstein has delivered two platform supply vessels of the Ulstein PX121 design to China Oilfield Services Limited (COSL).

Solstad agrees terms for two anchor handlers. Closes financial restructuring
Norwegian vessel owner Solstad Offshore has finalized negotiations regarding its financial restructuring and the agreed conditions for two Ocean Yield’s anchor handlers.

Loss deepens for Kosmos as impairments bite
Kosmos Energy sank deeper into the red in the first quarter of 2020 due to impairments and low oil prices.