Fossil Energy

Karoon spuds wildcat well offshore Peru
Karoon Energy has started drilling of the Marina‐1 exploration well located in Block Z‐38 Tumbes Basin, Peru, using the Stena Forth Drillship.

New oil minister named in Norway
Norwegian government has appointed Tina Bru as the country’s new Minister of Petroleum and Energy, replacing Sylvi Listhaug.

ExxonMobil ups Guyana resources, makes fresh discovery in Stabroek block
ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels and made a further oil discovery at the Uaru exploration well.

Eni takes Vroon’s platform supplier for work offshore UK
Italian oil major Eni has awarded a contract to one of Vroon Offshore’s platform supply vessels.

Lundin to change name amid plans to reach carbon neutrality by 2030
Swedish oil and gas company Lundin Petroleum has launched its Decarbonization Strategy, which targets carbon neutrality by 2030.

BHP picks Doris for engineering services on Trion project offshore Mexico
BHP has contracted DORIS Inc. for the execution of engineer services for the SURF and Export Pipeline scopes of work of the Trion project located in the Mexican Sector of the Gulf of Mexico.

Damen reveals new offshore support vessel concept
Dutch shipbuilding company Damen has developed a new concept vessel – the Offshore Support Vessel 9020.

Jersey to take over Verbier operatorship from Equinor
Jersey Oil & Gas has entered into a conditional sale and purchase agreement to acquire operatorship of, and an additional 70% working interest in, Licence P2170 (Blocks 20/5b and 21/1d) from Norway’s Equinor.

Helicopter operators team up for offshore opportunities in Nigeria and West Africa
Belgium-based offshore helicopter operator NHV Group has entered into a teaming agreement with the Nigerian subsidiary of Baywood Integrated Group, Tropical Arctic Logistics (TAL).

Nigeria: First crude oil of 2020 lifted from Otakikpo field
The Otakikpo joint venture has completed the first crude oil lifting of 2020 from the Otakikpo field offshore Nigeria.

U.S. offshore rig count climbs to 21 units
The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a Friday report by Baker Hughes.

Vaalco Energy’s non-executive director moves to president role
Houston-based oil and gas company Vaalco Energy has named a new president of the company, effective February 1, 2020.

Valaris investor gets seat on board of directors
Offshore drilling contractor Valaris has appointed a new member of its board of directors as part of the company’s board refreshment program.

Former DeepOcean man to take over CEO role at Oceanteam
Offshore support vessel owner Oceanteam has appointed a new chief executive officer (CEO) of the company.