Fossil Energy
Faroe picks up first new UKCS license in four years
Faroe Petroleum has been awarded a new prospective exploration license in the UK’s 30th Licence Round.
ExxonMobil sets new goals for cutting emissions from its operations
ExxonMobil is introducing greenhouse gas reduction measures that are expected to lead to a 15 percent decrease in methane emissions and a 25 percent reduction in flaring by 2020.
UK: Perenco extends offshore helicopter deal with Bristow
Offshore helicopter specialist Bristow has been awarded a three-year contract extension from the oil company Perenco UK Ltd.
Vaalco begins Avouma workover program. Clears all debt
Vaalco Energy has begun workover operations to restore production to two wells currently shut-in on the Avouma platform offshore Gabon.
BP shows commitment to North Sea following new license awards
BP has been awarded seven licenses, five as operator and two as partner, in the UK’s 30th Offshore Licensing Round.
Corallian’s well costs go up over increased oil price
Cost estimates for two Corallian Energy-operated wells located off the UK have gone up due to increased oil price, affecting rig fuel costs. Corallian has been preparing to drill the Colter and Wick wells and has recently entered into a letter of intent with Ensco for the provision of a jack-up dril
Follow This’ climate change move shot down at Shell’s AGM
Majority of Shell’s shareholders on Tuesday voted down a special proposal placed by a shareholder group called Follow This, which called for Shell to set specific emissions targets aligned with the Paris Climate agreement.
Siccar Point adds to its West of Shetland portfolio. Partners with Shell
Siccar Point Energy has secured additional strategic acreage in the Oil & Gas Authority’s 30th Licensing Round for the UK Continental Shelf.
BP to cut around 540 workers from Upstream division
UK oil major has said it will cut around three percent of workers its 18.000-people strong Upstream business.
Equinor to get operatorship over eight UK licenses
Norway’s Equinor has been awarded 9 new licences in UK’s 30th Offshore Licensing round, eight as operator.
HydraWell to provide P&A services in Norway for Repsol
Repsol has awarded a frame agreement to HydraWell to provide technology and services for the operator’s P&A on the Norwegian continental shelf.
Norway: Safety body investigating Jotun B lifting incident
The Norwegian offshore safety body is investigating a lifting incident that recently happened aboard a platform in the North Sea offshore Norway.
Van Oord’s new SRI vessel set for work in Norway
Dutch dredging and offshore services specialist Van Oord has taken delivery of a new subsea rock installation vessel ‘Bravenes’.
UK offers 123 offshore licenses to 61 oil & gas companies
Oil and Gas Authority (OGA) has offered for award 123 licenses over 229 blocks or part-blocks to 61 companies in the 30th Offshore Licensing Round.