Walter Oil And Gas News

 

Three60 Acquires North Sea Construction and Commissioning

Dec 20, 2018

Australian energy services group Three60 Energy  has acquired Aberdeen-based North Sea Construction and Commissioning (NSCC) for an undisclosed sum. This is now the fourth company to be added to the fast-developing energy services group which now employs over 320 people…

Europeans Sweep Record US Offshore Wind Auction

Dec 14, 2018

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of…

Thain Named CEO at THREE60 Energy

Nov 28, 2018

Energy services provider THREE60 Energy has appointed Walter Thain as Group Chief Executive Officer. He will be responsible for leading strategic growth across the group, broadening its technical and geographic capability and extending its footprint in key energy markets…

PGS Sells OptoSeis to Geospace Technologies

Nov 14, 2018

Norwegian marine geophysical company PGS said it has sold its OptoSeis fiber optic sensing technology business to Houston based Geospace Technologies.The transaction includes an initial cash payment at closing of $1.8 million, plus contingent cash payments of up to an additional $23…

LLOG sets out multiple GoM developments

Sep 27, 2017

Deepwater Gulf of Mexico focused LLOG Exploration has set out plans for developing six projects, following successful exploration work in 2016-17, with nine deepwater wells due to be brought online by the end of 2018.  One well is already producing…

Montrose moves into offshore renewables

Aug 23, 2017

Montrose Port Authority in Scotland has heralded a new era of capabilities, supporting its first project within the offshore renewable sector. In association with NorSea Group (UK), a subsidiary of Norway's NorSea Group, the port is participating…

BOEM approves Eni's Alaska drilling plans

Jul 13, 2017

The US Bureau of Ocean Energy Management (BOEM) has approved Eni’s exploration plan (EP) to drill four wildcats at the company’s Spy Island Drillsite (SID) in the Beaufort Sea. Map of Spy Island…

Hilcorp sole bidder in Cook Inlet lease sale

Jun 21, 2017

Hilcorp Alaska was the sole bidder in Cook Inlet Lease Sale 244, the first lease sale held in Alaskan federal waters since 2008. Map from BOEM. A unit of Hilcorp Energy Co., Hilcorp…

Investment firm backs Norwegian startup

Jun 08, 2017

Private investment firm Elliott Management will provide US$500 million in funding to newly established Edge Petroleum AS’s management team. Norway-based Edge will focus on building a portfolio of oil and gas fields in the development phase…

Cook Inlet lease sale set for June

May 18, 2017

The Bureau of Ocean Energy Management (BOEM) says it will offer about 1.09 million acres in the Cook Inlet, offshore Alaska’s south central coast in a lease sale scheduled for next month. Map of the 224 areas included in the Cook Inlet Lease Sale 244…

UPDATED: US moves to evaluate Atlantic G&G

May 10, 2017

The US Department of the Interior (DOI) is moving forward with its evaluations from six companies to conduct geological and geophysical (G&G) activities in the Atlantic Ocean, as part of the Trump Administration’s 'America First' offshore energy strategy…

US unveils Lease Sale 249

Mar 06, 2017

The US Department of the Interior (DOI) announced its first lease sale under the Trump Administration’s new Outer Continental Shelf Oil and Gas Leasing Program for 2017-2022 (Five Year Program), offering 73 million acres in the Gulf of Mexico (GoM) this summer…

Cook Inlet lease sale announced

Feb 27, 2017

The Bureau of Ocean Energy Management (BOEM) has revealed plans to offer about 1.09 million acres in the Cook Inlet, offshore Alaska, in a proposed lease sale this year. The Cook Inlet Oil & Gas Lease Sale 244, due to take place in June 2017…

Petrofac gets BP North Sea extension

Feb 07, 2017

BP awarded Petrofac a three-year extension to its existing contract in the North Sea. The contract, worth in the region of US$25million, was awarded following a competitive tender process. Under the agreement, Petrofac will continue to…

US to auction Kitty Hawk acreage

Jan 17, 2017

The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) are offering 122,405 acres offshore Kitty Hawk, North Carolina in a commercial wind lease sale in March. Map of wind energy areas off North Carolina…

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