Fossil Energy
UK’s oil and gas regulator makes three new appointments
UK’s oil and gas industry regulator, Oil and Gas Authority (OGA), has made three new appointments to its leadership team.
Activists climb Valaris rig in Scotland
Environmental activists from Extinction Rebellion organization have occupied a Valaris-owned jack-up rig currently located in Dundee harbor. The rig is contracted by Shell.
Cooper’s Sole schedule affected by bushfires in Australia
Cooper Energy expects further delays in the completion of upgrades on the Orbost gas plant in Victoria, which will process gas from its Sole gas field located offshore Australia, due to bushfires in the East Gippsland area.
ExxonMobil awards 5-year deal to Ranhill Worley JV in Malaysia
Perunding Ranhill Worley has been awarded a five-year engineering, procurement, and construction management (EPCM) contract by ExxonMobil in Malaysia.
Eni ditches two Australian gas fields
Italian oil and gas company Eni and its partners have decided to surrender their interests in the WA-34-R joint venture located offshore Australia.
Equinor launches new plan to cut emissions in Norway to near zero by 2050
Equinor has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway with 40% by 2030, 70% by 2040, and to near zero by 2050.
Zenith to provide loan to AAOG for Congo asset
Zenith Energy has reached an agreement to provide a secured loan facility to Anglo African Oil & Gas (AAOG) for a total amount of £250,000 ($327,400).
BPC creates fund to enable local investment for Bahamians
Bahamas Petroleum Company (BPC) has incorporated a Bahamas-based mutual investment fund with the aim of owning BPC shares.
U.S. weekly offshore rig count down to 22 units
The number of offshore rigs in the U.S. dropped to 22 units last week, according to weekly rig count reports on Friday by Baker Hughes.
Lekoil makes two additions to board of directors
Nigerian oil company Lekoil has appointed two new non-executive directors, with immediate effect.
Aker BP gains nod to appraise North Sea well using Odfjell rig
Norwegian oil company Aker BP has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the North Sea using the Deepsea Nordkapp rig.
Popular news, December 30, 2019 – January 5, 2020
Offshore Energy Today’s most popular news of the past week.
Energean and DEPA ink deal for 20 pct of EastMed pipeline’s initial capacity
Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project.
Prosafe and Floatel agree extension of share purchase agreement amid competition concerns
Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed merger of the two companies amid concerns raised by competition authorities.