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Eni enters into Ras Al Khaimah with Block A offshore EandP agreement

15 hours ago DieselGasoil Comments Off on Eni enters into Ras Al Khaimah with Block A offshore EandP agreement
4/18/2019 Map: Ras Al Khaimah, UAE. RAS AL KHAIMAH, UAE — Eni has signed an exploration and production sharing agreement covering Block A offshore Ras Al Khaimah, as well as the relevant joint operating agreement. The agreement was signed between Eni and Nishant Dighe, chief executive of the RAK Petroleum Authority, in the presence of Read More

Wintershall expands portfolio in Argentina

1 day ago DieselGasoil Comments Off on Wintershall expands portfolio in Argentina
4/17/2019 Photo: Wintershall licenses in the Malvinas Basin of the coast of Tierra del Fuego. BUENOS AIRES and KASSEL — Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing round. In addition to the CMA-1 exploitation concession, Read More

Seychelles leader: ‘Time has come to save the oceans’

5 days ago DieselGasoil Comments Off on Seychelles leader: ‘Time has come to save the oceans’
By Adam Arnold, news reporter The Seychelles president has told Sky News “the time has come to save the oceans” as he called on world leaders to take “decisive action” to increase marine protection. Danny Faure’s island nation is one of many threatened by global warming and whose waters are at risk from plastic pollution. Read More

Acteon adds significant geotechnical, geophysical survey capabilities with Benthic acquisition

1 week ago DieselGasoil Comments Off on Acteon adds significant geotechnical, geophysical survey capabilities with Benthic acquisition
4/11/2019 NORWICH, UK — Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic. Headquartered in Houston, Texas, Benthic adds leading deepwater and ultra-deepwater surveying capabilities to Acteon through its proprietary portable remotely operated drill (PROD) technology. Benthic’s latest generation PROD system can conduct in-situ penetration testing and collect Read More

Ensco and Rowan merge to form EnscoRowan

1 week ago DieselGasoil Comments Off on Ensco and Rowan merge to form EnscoRowan
4/11/2019 Rowan Renaissance ultra-deepwater drillship. Photo: MarineTraffic. LONDON — Ensco Rowan plc, has announced the completion of the previously disclosed merger of Ensco plc and Rowan Companies plc, which follows the satisfaction of the transaction’s closing conditions including overwhelming approval by each company’s shareholders and sanction by the UK Court of the scheme of arrangement Read More

For first time in a decade, U.S. companies could report lower profits on higher revenue

1 week ago DieselGasoil Comments Off on For first time in a decade, U.S. companies could report lower profits on higher revenue
NEW YORK (Reuters) – Wall Street is bracing for large U.S. companies to report a decline in quarterly profits even after raking in higher revenues, something that has not happened in more than a decade. FILE PHOTO: A car waits to enter the financial district security zone near the New York Stock Exchange (NYSE) in Read More

‘Russia has invaded Estonia, NATO is on the way’: German TV plumbs depths with fake war broadcast

2 weeks ago DieselGasoil Comments Off on ‘Russia has invaded Estonia, NATO is on the way’: German TV plumbs depths with fake war broadcast
A respected German analytical TV program opened its latest edition by informing viewers that Russian forces intruded into the Baltics. Was this “fantasy” just juvenile attention-seeking, or crude pro-NATO propaganda? “Together with European and German allies, the US army is currently moving through land, air and sea to Estonia to expel Russian forces, which have Read More

Saipem has been awarded offshore drilling contracts in Norway, Middle East

2 weeks ago DieselGasoil Comments Off on Saipem has been awarded offshore drilling contracts in Norway, Middle East
4/5/2019 Saipem 7000 at night. Photo: Alf van Beem. SAB DONATO, Milanese — Saipem has been awarded new contracts in offshore drilling in Norway and Middle East totaling over $200 million. One contract was signed with the German company Wintershall for the drilling of two wells, plus two optional ones in continuity with previous engagements Read More