Fossil Energy
Whalsay Energy seeking operating partner for Bentley oil field. Targets first oil for 2023
UK-based Whalsay Energy is seeking operating partners to help it develop the Bentley offshore oil field, one of the largest undeveloped fields in the North Sea.
Wintershall Dea agrees on job cuts with unions
Following a merger between Wintershall and DEA into a new entity named Wintershall Dea, the German oil and gas giant has decided on the number of job cuts previously announced as part of the integration of two businesses.
Saipem gets three contracts on BP’s Caspian project
Saipem, in consortium with Bos Shelf and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli (ACG) oil and gas field offshore Azerbaijan.
Timor-Leste launches 2nd oil and gas licensing round
The Government of Timor-Leste has launched an international licensing round for oil and gas exploration in the country, in the wake of a recent maritime border treaty with Australia entering force on August 30.
Suncor allowed to resume ops after Transocean rig incident
Canadian offshore regulator has approved Suncor Energy’s plan to resume operations on the semi-submersible drilling rig Transocean Barents, following a September 6, 2019 incident, which resulted in an injured Transocean employee.
BW finds Hibiscus reserve estimates to be bigger than expected
BW Offshore has raised its reserves estimates at the Hibiscus structure located on Dussafu Marin Permit, offshore Gabon, after finding oil in both the exploration well and appraisal sidetrack.
BP CEO Bob Dudley to retire
Bob Dudley, CEO of BP, has decided to retire from the position and from the company’s board in March 2020.
Conrad spuds first of two Duyung wells
Conrad Petroleum has started drilling the first of two wells at its operated Duyung Production Sharing Contract in the West Natuna basin, offshore Indonesia, using the Asian Endeavour-1 jack-up rig.
VIDEO: Paradigm’s Julian Manning on cross-industry tech at OEEC
Julian Manning, Chief Executive Officer at Paradigm Group will next week moderate a session on cross-industry game-changing technologies
Shell sanctions North Sea gas project
Oil major Shell and its partner Ithaca Energy (UK) Limited have taken a final investment decision on the Pierce Depressurisation Project in the UK Central North Sea.
Chevron decides on new greenhouse gas reduction goals
Oil major Chevron has set new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas.
Eni investigation not closed for lack of evidence, U.S. DOJ clarifies
Following Eni’s statement last Tuesday about the U.S. Department of Justice’s closure of investigation into the company’s activities related to the Nigerian offshore license OPL 245, the DoJ has reportedly described it as ‘misleading.’
Rystad: BP and Shell on opposite sides of M&A ranking in last 5 years
European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the last five-year period.
Nexans adds more time to ‘Polar King’ contract
GC Rieber Shipping has agreed with Nexans to extend the charter of CSV Polar King by four months.