Fossil Energy
SembMarine in talks with buyer to complete two rigs following Sete Brasil settlement
Sete Brasil and Sembcorp Marine have fulfilled all conditions precedent for a settlement regarding contracts for the construction of seven drillships to become effective and Sembcorp Marine is now in talks with a buyer for the completion of two drillships.
Hurricane abandons plan to connect Lincoln Crestal well for production this year
Hurricane Energy has revealed it will not tie back the Lincoln Crestal well, located in the West of Shetland region, for production through the Aoka Mizu FPSO this year.
Equinor plans to halve carbon intensity by 2050
Norwegian oil major Equinor has launched a new climate roadmap for the upcoming period of energy transition, in line with the Paris Agreement.
BHP awards Trinidad and Tobago job to McDermott
McDermott has been awarded a large contract by BHP to provide subsea umbilicals, risers and flowlines (SURF), transportation and installation (T&I), pre-commissioning of one jacket and topsides for the Ruby project, offshore Trinidad and Tobago.
PGNiG in bid to find more oil in Shrek prospect
PGNiG Upstream Norway, a Norwegian subsidiary of Polish oil and gas company PGNiG, has hired Applied Petroleum Technology to conduct a post-drilling analysis of its recent Shrek discovery in the Norwegian Sea.
Wood sells industrial services business to Kaefer to cut debt
Energy services company John Wood Group has sold its industrial services business to technical services provider Kaefer for an initial cash consideration of around $104 million.
Greenpeace blocks BP’s headquarters on Looney’s first day as new boss
Greenpeace activists have delivered hundreds of solar panels and blocked an entrance to BP’s headquarters in London on Bernard Looney’s first day in the office as the company’s new CEO.
Repsol to make use of one-well option for Maersk drillship
Repsol has exercised a one-well option under its contract for the Maersk Drilling-owned drillship Maersk Valiant for operations offshore Mexico.
Lower dayrates and higher expenses drag Maersk Drilling into the red
Danish offshore driller Maersk Drilling recorded a net loss in 2019 and a decrease in revenues due to lower dayrates and higher financial expenses compared to the previous year.
New Age looking to seal the deal for Etinde gas supply with Victoria
New Age and Victoria Oil & Gas have signed a non-binding Letter of Intent (LOI) for the supply of gas from the Etinde field, offshore Cameroon.
Europa Oil & Gas lets go of license offshore Ireland
Europa Oil & Gas has elected to relinquish its interest in Licensing Option (LO) 16/19 in the South Porcupine Basin, offshore Ireland.
Melbana Energy’s takeover bid for Metgasco fails
Oil and gas exploration company Melbana Energy has been unsuccessful in taking over compatriot ASX-listed oil and gas company Metgasco.
Australian regulator assessing Vermilion’s Wandoo well construction plans
Australia’s National Offshore Petroleum Safety and Environmental Management Authority is assessing Vermilion Energy’s well construction plan for the Wandoo field located offshore Australia.
Uptime to provide access solutions for BP’s Tortue Ahmeyim project
Norway’s Uptime International has been awarded a contract from Eiffage Génie Civil Marine for the supply of access solutions for the LNG Hub Marine Terminal for BP’s Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal.