Latest News - page 1519

 

Petrofac Helping Petrogas NEO UK Establish North Sea Ops

Jan 08, 2020

Petrogas NEO UK has hired the UK-based oilfield services provider Petrofac to establish its North Sea operation.Petrogas NEO UK is a company formed last year by the Norwegian private equity fund HitecVision and Omani oil group Petrogas.Petrofac…

Neptune Gets Nod for Norwegian Sea Wildcat

Jan 08, 2020

Oil and gas company Neptune Energy has obtained permission to drill an exploration well in the Norwegian Sea.The well 6507/8-10 S - the Grind prospect - is located in the production license 889, seven kilometers east of the Heidrun field. Neptune operates the offshore permit with a 60% stake…

ExxonMobil Confirms May Exit Romanian Offshore Gas Project

Jan 08, 2020

U.S. energy major ExxonMobil confirmed late on Tuesday it is weighing an exit from a long-stalled Romanian natural gas venture and has begun providing information to potential buyers.The company holds a 50% stake in the Neptun Deep offshore project located in the Black Sea with Romanian OMV Petrom…

New Contract, Higher Day Rate for ADES Jack-Up Rig

Jan 08, 2020

Drilling rig contractor ADES International has secured a contract for its ADMARINE 262 jack-up rig.The MENA-focused drilling contractor, which owns 13 jack-up drilling rigs, said Tuesday it had been awarded a contract renewal for the ADMARINE 262 drilling unit…

Wintershall Dea Drills Duster in Norwegian Sea

Jan 08, 2020

Wintershall Dea has drilled a dry exploration well in the Norwegian Sea.The German company's Norwegian subsidiary Wintershall Dea Norge drilled the wildcat well 6604/6-1 in the production license 894, around 105 kilometers southwest of Equinor's Aasta Hansteen field…

Sentinel Marine Expands Fleet

Jan 07, 2020

Offshore support vessel operator Sentinel Marine has introduced the newest fleet of emergency response and rescue vessels in the North Sea – and help clean up the offshore environment.All eight ships recently built to order by Sentinel Marine…

Ocean Installer Appoints New CEO

Jan 07, 2020

Ocean Installer has announced the appointment of Odd Strømsnes as the company’s new CEO as company enters new growth phase and addresses offshore wind market.The Norwegian subsea contractor said in a press note that the interim CEO Kevin Murphy will continue as Deputy CEO…

Shearwater GeoServices Bags Gambia 3D Gig

Jan 07, 2020

The provider of 3D marine seismic data, imaging products, and data processing software solutions, Shearwater Geoservices has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia Ltd (FAR).According to a press release from the…

Ørsted Appoints APAC Head

Jan 07, 2020

Global offshore wind giant Ørsted said that Matthias Bausenwein, President of Ørsted Asia Pacific, has been appointed to the new role as Head of the Asia Pacific Region (APAC), based in Taipei.He will continue to lead the regional activities but in a now strengthened setup…

SGRE Wins 2.6GW Offshore Turbine Deal in US

Jan 07, 2020

Siemens Gamesa Renewable Energy (SGRE), the world’s largest supplier of offshore wind turbines, won the order for Dominion Energy’s 2,640-megawatt project off the coast of Virginia, U.S.A.According to a press release from the Spanish-based engineering company company…

Norwegian PM Opens Johan Sverdrup Field

Jan 07, 2020

Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year…

BP, Premier Oil in $625M North Sea Deal

Jan 07, 2020

Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field…

Talos Confirms Zama Resources

Jan 07, 2020

Talos Energy, upon completion of third-party contingent resource evaluation of the company's Zama discovery offshore Mexico, said best estimates are near the high end of its previously guided range, and noted it aims to achieve a final investment…

Shelf Drilling Wraps Maersk Completer Rig Buy

Jan 07, 2020

Dubai-based offshore drilling firm Shelf Drilling has completed the purchase of the jack-up drilling rig Maersk Completer from Maersk Drilling. The rig, which has now been renamed, has been stacked in Singapore since 2017. The two companies…

Apache Makes Major Discovery Offshore Suriname

Jan 07, 2020

Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America's Suriname, sending Apache's shares surging nearly 27%.The discovery, dubbed 'among the most anticipated in the world' by one brokerage…

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