Fossil Energy

Vantage sinks deeper into the red despite growing revenues
Vantage Drilling booked a loss in the last quarter of 2019 despite increase in revenues driven by higher utilization in both jack-up and deepwater segment.

Equinor’s carbon storage well completed, but decision still pending
Equinor and partners Shell and Total have completed the drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea as part of the Northern Lights project.

Framo gets offshore maintenance job for all five Aker BP fields
Aker BP and Framo have entered into a long-term contract for seawater lift pumps where compensation is directly linked to facility uptime.

BP awards Caspian Sea job to Worley
Azerbaijan International Operating Co. (AIOC), a BP-operated company, has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project in the Caspian Sea.

LDD and Barge Master complete drilling ops in Caribbean Sea
Large Diameter Drilling (LDD) and Barge Master have completed drilling operations from a diving support and construction vessel (DSCV) in water depths in excess of 270 meters.

Equinor and Shell in digital collaboration pact
Oil majors Equinor and Shell have signed a memorandum of understanding on digital collaboration to develop solutions and methods in areas of data science, artificial intelligence, and 3D printing.

Apache redesigns organizational structure
Oil and gas company Apache Corporation has made several changes to its executive team.

Island Offshore’s newbuild vessel mobilized for Barents Sea campaign
Island Offshore’s new offshore installation vessel, Island Victory, has been mobilized for its first campaign in the Barents Sea.

Santos gives up on taking interest in Melbana’s Beehive permit
Santos has allowed its option to acquire interest in Melbana’s Beehive permit lapse, prompting Melbana to look for other partners.

Probe launched after gangway incident in North Sea
Norwegian offshore safety watchdog has launched an investigation into an incident on February 29, 2020, where the gangway on the Floatel Endurance became disconnected.

Beach gets green light for Otway exploration well
Beach Energy’s Lattice Energy has received approval from the Australian offshore regulator to drill the Artisan exploration well, which is located in the Otway Basin, offshore Australia.

New Age hands out Etinde FEED award to TechnipFMC
New Age has awarded a contract to TechnipFMC to appoint it as lead FEED contractor for the development of the offshore IM gas condensate field at Etinde, Cameroon.

Global Energy Group takes control of Nigg Oil Terminal
Global Energy Group has taken over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.

Byron to bring Gulf of Mexico well in production in two weeks
Byron Energy has completed operations on its SM71 F4 well in the U.S. Gulf of Mexico and began working on final hook up with production expected in two weeks.