Fossil Energy
Gulf Island chairman to retire. Board to be reduced to seven members
The chairman of U.S. offshore facilities fabrication company Gulf Island has decided to retire from his position effective upon the expiration of his current director term.
Current market challenges not preventing Dorado partners to push for FEED
Australia’s Santos and Carnarvon Petroleum are progressing as planned with the development of the Dorado project, located offshore Australia, despite recent challenges in the market. The partners are focusing on starting the project FEED as planned. The giant Dorado development is located in permit
India’s L&T to investigate offshore incident after two workers injured
India’s L&T Hydrocarbon Engineering has launched an investigation into a recent offshore incident on a heavy lift vessel, which resulted in injuries for two workers.
PetroNor taking cost-saving measures amid low oil price environment
PetroNor E&P is taking a number of cost-saving measures to ensure the company is appropriately structured in the current low oil price environment.
CNOOC makes large oil discovery in Bohai Bay
CNOOC Limited has made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil field in Laibei lower uplift.
Green light to Shell for decommissioning of Brent pipelines
Shell has received approval from the UK authorities for its decommissioning plan for the Brent field pipelines located in the UK North Sea.
Noble Corporation replaces CFO after only three months
Offshore drilling contractor Noble Corporation has named a replacement for its departing chief financial officer (CFO).
TechnipFMC spin-off put on hold over volatile market conditions
TechnipFMC has been forced to put off its planned separation into two independent entities amid challenging market conditions which have emerged recently.
Equinor cleared to use facilities linking Dvalin to Heidrun field
Norwegian oil company Equinor has received consent from the Petroleum Safety Authority (PSA) for the use of facilities to link the Dvalin field to the Heidrun field.
Jersey to lead study for collaborative development of wider Greater Buchan Area
UK-based Jersey Oil & Gas (JOG) has established and will lead the Greater Buchan Area joint integrated studies agreement between neighboring field operators.
Prosafe rig to support subsea tank removal at Thistle platform
Prosafe has been awarded a contract to provide accommodation in support of the redundant subsea tank removal and safe re-habitation of the Thistle Alpha platform in the UK North Sea.
Saipem decides to buy Solstad Offshore’s lay barge vessel
Solstad Offshore has sold its DLB Norce Endeavour lay pipe barge to Italian oilfield contractor Saipem.
Cairn granted drilling permit for North Sea well
The Norwegian Petroleum Directorate has granted Capricorn Norge a drilling permit for a wildcat well in the North Sea.
‘Energy saving will be crucial when it comes to the energy transition’
Read our interview with Julian Manning, the chief executive officer of Paradigm Group, regarding energy-saving during the time of energy transition.