Fossil Energy
Popular news, January 20 – 26, 2020
Offshore Energy Today’s most popular news of the past week.
Bristow to merge with Era to create offshore helicopter giant
Offshore helicopter operator Bristow and its peer Era Group have made a deal to merge in an effort to create a more diverse and financially stronger player.
Creditor calls for ‘transparent responses’ over ‘unclear details’ of Premier’s North Sea deal
Premier Oil’s largest creditor, ARCM, has raised new concerns regarding Premier’s proposed acquisition of North Sea assets from BP and Dana Petroleum.
Seadrill taps Semco Maritime to prepare rig for Lundin gig
Semco Maritime has been awarded a contract by Seadrill for preparation and modification of the West Bollsta prior to starting its ten-well contract with Lundin on the Norwegian Continental Shelf in 2Q 2020.
Mercator sells Prem Pride FSO to reduce debt
India’s Mercator Limited sold one of its floating storage and offloading (FSO) vessels earlier this month.
Deep Down adds two new executive roles
Houston-based oilfield services company Deep Down has appointed new vice presidents of sales and business development and finance.
Neptune hands out engineering and decom services deal for Dutch North Sea assets
Neptune Energy has awarded a four-year framework agreement for EPCIC (engineering, procurement, construction, installation & commissioning) and decommissioning services for brownfield modification to Stork Worley Integrated Solutions V.O.F. for its Dutch North Sea assets.
Greenpeace loses lawsuit appeal against Norway’s Arctic oil drilling plans
An Oslo appeals court has dismissed a lawsuit by environmentalists against the Norwegian government and its granting of new exploration licenses in the Arctic Barents Sea back in 2016.
Equinor, Eidesvik to construct first carbon-free ammonia-fuelled PSV
Norwegian oil major Equinor has signed an agreement with Eidesvik Offshore for the modification of the Viking Energy supply vessel for covering long distances fuelled by carbon-free ammonia.
Worley bags FEED job on Total’s North Platte project
Worley has been awarded the Front-End Engineering Design (FEED) contract for Total’s North Platte field development located in the Gulf of Mexico.
Edison spuds exploration well offshore Egypt
Edison has started drilling the first exploration well in its North Thekah concession located in the Egyptian Eastern Mediterranean waters.
Europa O&G still looking for partner to drill Inishkea prospect after ‘major’ backs out
An unnamed oil major has given up on farming into Europa Oil & Gas’ licenses located offshore Ireland and Europa is still looking to find a partner to drill its flagship Inishkea prospect.
ADM Energy preparing for expansion in Nigeria and West Africa
ADM Energy, an oil and gas investing company formerly known as MX Oil, is preparing to expand its portfolio of assets in Nigeria and West Africa.
Prysmian to supply steel tube umbilicals for Mero project
Prysmian has been awarded a contract by Libra, a consortium of international oil & gas operators, for steel tube umbilicals to be installed in the Mero oilfield, located offshore Brazil.