Fossil Energy
Mexican government to give $5 billion to Pemex to repay debt
Mexican state-owned oil and gas company Pemex will receive a contribution equivalent to $5 billion from the country’s government to repay and refinance debt.
No leakage of oil to sea from Equinor’s terminal in Bahamas
Equinor has reported that there is currently no observed leakage of oil to the sea from its South Riding Point terminal in the Bahamas.
BW gears up for Hibiscus sidetrack as discovery seems bigger than expected
BW Energy has decided to proceed with a sidetrack of the DH1BM-1 well on the Dussafu Marin Permit, located offshore Gabon, as the discovery may be bigger than expected.
ExxonMobil adds three offshore blocks to Brazilian portfolio
Oil major ExxonMobil has won three offshore exploration blocks in the Sergipe-Alagoas basin as part of Brazil’s first permanent bidding round.
IOG confirms gas discovery at Harvey appraisal well
IOG has reached a total depth at the Harvey appraisal well 48/24b-6 in the UK Southern North Sea Gas Basin, confirming a gas discovery.
LOC scoops three-year deal with Shell in Brunei
LOC Group, a service provider to the offshore oil and gas industry, has signed a three-year contract with Brunei Shell Petroleum Company for a range of services in Brunei.
Approval for Perenco’s decommissioning plan for Pickerill field
Perenco has received approval from the UK authorities for its decommissioning program for the Pickerill gas field installations located in the UK North Sea.
EnerMech picks new chief for Australasia
Mechanical and electrical services specialist EnerMech has appointed a new regional director for Australasia.
Otto makes board changes to support Gulf of Mexico strategy
Australia-based oil and gas company Otto Energy has made changes to its board as part of a renewal process in support of its current U.S. Gulf of Mexico strategy.
Vår Energi to use ‘Island Constructor’ for Goliat well intervention
Norwegian oil and gas company Vår Energi has received consent from the PSA for the use of the Island Constructor for well intervention on the Goliat field.
Leveraging on oil and gas expertise, Kim Heng ventures into renewable services
Leveraging on oil and gas expertise, Singapore-based offshore services provider Kim Heng Offshore & Marine has ventured into renewable energy services.
Equinor granted life extension for two North Sea fields
Equinor has received consents from the Petroleum Safety Authority to use the facilities on the Vigdis and Tordis fields – both located in the North Sea off Norway – beyond their original operating life.
i3 Energy reaches total depth at Liberator well
i3 Energy has reached total depth at its operated Liberator well 13/23c-9 located in the UK North Sea.
Vallourec gets $900 million tubing and casing order from ADNOC
French supplier Vallourec has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) for the supply of tubing and casing, over a five year period, with a possible two-year extension, for an amount of $900 million.