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Fossil Energy

BP to take up to $3 billion charge as result of divestment program
Fossil Energy

BP to take up to $3 billion charge as result of divestment program

Oil major BP now expects to deliver divestment proceeds and announced transactions totalling around $10 billion by the end of 2019, comprising the majority of its two-year divestment program planned to complete by the end of 2020.

about 7 years ago
Aker Solutions emerges as lowest bidder for manifolds job
Fossil Energy

Aker Solutions emerges as lowest bidder for manifolds job

Norwegian engineering company Aker Solutions has emerged as the lowest bidder in a bid opening ceremony for a subsea project.

about 7 years ago
Chevron picks up two offshore blocks in Brazil
Fossil Energy

Chevron picks up two offshore blocks in Brazil

Chevron has been awarded two offshore blocks in the Santos and Campos basins as part of Brazil’s 16th Bidding Round for oil and gas exploration blocks, with its partners Wintershall Dea and Repsol.

about 7 years ago
Partners sanction offshore wind farm project to power oil & gas installations
Fossil Energy

Partners sanction offshore wind farm project to power oil & gas installations

Norway’s Equinor and Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. Two updated plans for development and operation will be submitted to Norwegian authorities on Friday. Equinor said on Friday that the Snorre and Gullfaks oil

about 7 years ago
Total wins new deep offshore block in Brazil
Fossil Energy

Total wins new deep offshore block in Brazil

French Total and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency.

about 7 years ago

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ADES-Vantage JV secures another deepwater drilling gig in Egypt
Fossil Energy

ADES-Vantage JV secures another deepwater drilling gig in Egypt

ADES has entered into a second deepwater drilling campaign with a top tier international oil company for deepwater drilling services in the Egyptian Mediterranean area.

about 7 years ago
Norwegian Petroleum Directorate picks new director general
Fossil Energy

Norwegian Petroleum Directorate picks new director general

The King in Council named a new director general of the Norwegian Petroleum Directorate on Friday, October 11.

about 7 years ago
Equinor gets go-ahead to use ‘Floatel Endurance’ on Martin Linge field
Fossil Energy

Equinor gets go-ahead to use ‘Floatel Endurance’ on Martin Linge field

Norwegian oil major Equinor has received consent from the Petroleum Safety Authority (PSA) for the use of the Floatel Endurance mobile accommodation unit on the Martin Linge field.

about 7 years ago
Fugro wraps up Gulf of Mexico surveys for Shell
Fossil Energy

Fugro wraps up Gulf of Mexico surveys for Shell

Fugro has completed several deepwater geophysical surveys in the Gulf of Mexico for Shell.

about 7 years ago
Equinor cleared for Norwegian wells
Fossil Energy

Equinor cleared for Norwegian wells

Equinor has received consent from the Petroleum Safety Authority (PSA) to use the Deepsea Atlantic drilling rig for three wells in the Barents Sea and another consent to drill a sidetrack in the North Sea.

about 7 years ago

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BPC and Seadrill working to agree critical drilling plan dates for Bahamas well
Fossil Energy

BPC and Seadrill working to agree critical drilling plan dates for Bahamas well

Bahamas Petroleum Company is working on finalizing a long-form rig contract with Seadrill and preparing for drilling in The Bahamas in 2020.

about 7 years ago
Global Energy to take over operation of Nigg Oil Terminal
Fossil Energy

Global Energy to take over operation of Nigg Oil Terminal

Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.

about 7 years ago
Sparrows awarded first job with Qatar Petroleum
Fossil Energy

Sparrows awarded first job with Qatar Petroleum

Sparrows Group has been awarded its first contract with Qatar Petroleum to provide crane maintenance services on the PS-1 platform – located in the Idd El-Shargi field, North Dome, 85 kilometres east of Doha.

about 7 years ago
Petronas hires Destini for well services
Fossil Energy

Petronas hires Destini for well services

Malaysia’s Destini Berhad has been awarded a contract by Petronas Carigali.

about 7 years ago