Norwegian offshore suppliers on Monday endured a perfect storm of economic shockwaves after the oil price collapsed 30 percent over the weekend and sent oil stocks plummeting en masse in a way not seen for two decades.By around midday in Oslo, some 50 oil stocks were down by over five percent, including 45 down 10 percent or more. Nine shares fell between 15 and 20 percent; 21 between 20 and 30 percent and one…
EnergyPathways, an energy transition company, has selected Zenith Energy as a contractor for the Marram Energy Storage Hub (MESH), a project expected to be the U.K.'s largest integrated energy storage facility combining natural gas, compressed air and hydrogen storage…
Well engineering consultancy and project management firm Zenith Energy hade delivered the Wolin East 1 (WE 1) well for client Central European Petroleum (CEP) at its Wolin concession in the Baltic Sea, offshore Poland.Zenith Energy was hired to provide full well management…
Aberdeen-based well management company Zenith Energy has been awarded six-figure well management contract with Central European Petroleum (CEP) as part of Poland’s Wolin project.Zenith has been contracted to provide full well management including all well engineering…
Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the 'largest and most prospective oilfield in the country'. The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years…
Australian oil and gas firm Woodside Energy has this week started the offshore drilling campaign in Senegal for the Sangomar Field Development Phase 1, which will be the country's first offshore oil field in production.Woodside Acting CEO Meg…
Aberdeen-based well management company Zenith Energy has won a multi-year contract with Australian oil and gas firm Woodside Energy in Senegal.The agreement is for the provision of drilling and completion engineering and ad-hoc support services…
London-listed Zenith Energy has applied for an extension of the Tilapia license term in the Republic of the Congo, which expired on July 18, 2020.Zenith's subsidiary in Congo, AAOG Congo continues to operate the Tilapia oilfield on an interim…
Canadian international oil and gas production company Zenith Energy has established a Norwegian subsidiary - Zenith Norway - as a precursor to securing its first acreage off the country. Zenith said it intends to use Zenith Norway as a vehicle…
London-listed Zenith Energy has skipped „a major hurdle“ towards acquiring majority rights in Congo focused Anglo African Oil & Gas Congo SAU.Namely, Anglo African Oil & Gas’ shareholders have passed the resolution to approve the sale of an…
Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment (P&A) of the Ombrina Mare development well, offshore Italy, for London’s Rockhopper Exploration. The Atwood Beacon…
Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment of a platform well on the Ombrina Mare field offshore Italy for Rockhopper Exploration. The project was the firm's first offshore well management project…
Infield analyst Edward Richardson examines whether the newbuild rig market is heading for deeper waters. History shows us that when oil prices are high operators seek to expedite the development of existing reserves and prove up additional resources…
GE Oil & Gas has completed its acquisition of artificial lift technologies and industrial gears firm Lufkin Industries in a deal valued at US$3.3billion. Lufkin, with approximately 4,500 employees in more than 40 countries, manufactures…
A pioneering automated surveillance system developed by Zenith Oilfield Technology, a Lufkin company, has won the company’s third Queen’s Award for Enterprise. Zenith’s Z-Sight system scooped the top honour in the Innovation category…
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