Fossil Energy
Solstad gets rid of three anchor handlers, secures North Sea work
Norwegian offshore vessel owner Solstad Offshore has sold three of its anchor handling tug and supply (AHTS) vessels.
Shell boosts dividend and buybacks as profit swells
Energy major Shell increased its dividend and share buybacks following a jump in its quarterly profit driven by higher oil and gas prices.
Shearwater, ConocoPhillips join forces for seismic imaging tech
Marine geophysical services provider Shearwater GeoServices and oil and gas major ConocoPhillips have formed a strategic partnership to collaborate on seismic imaging technology.
New interim CEO to lead Spirit Energy through transition
As it transitions to a new phase, Spirit Energy has made board and executive appointments, including the appointment of an interim CEO.
Equinor secures approval for Norwegian Sea project
Norway’s Ministry of Petroleum and Energy has approved a development plan from Equinor for the first phase of the Kristin Sør project.
Equinor fails to find hydrocarbons in Norwegian Sea well
Equinor has failed to find hydrocarbons in the stacked Ginny/Hermine exploration prospects in the Norwegian Sea.
Harbour Energy’s CEO Europe heading out
Harbour Energy has revealed that its current CEO Europe has tendered his resignation, which becomes effective at the end of the month.
Odfjell rig starts Equinor gig
An Odfjell Drilling-owned semi-submersible rig has started its contract with Equinor, making it the third Odfjell rig to work for Equinor.
Equinor unveils key document for Barents Sea project with development plan due by year-end
Equinor has presented an impact assessment for the development and operation of Wisting development located in the Barents Sea off Norway.
Fresh well lined up for Stena rig in North Sea
Offshore drilling contractor Stena Drilling has secured a new contract with Petrofac for operations in the UK North Sea.
Saipem in profit warning as margins deteriorate due to pandemic and rising costs
Following a revision of its backlog, Saipem has withdrawn its outlook from October 2021, citing significant deterioration of some projects’ margins.
Three oil & gas firms gearing up for Norwegian wells in February
Three oil & gas companies have been granted drilling permits by Norwegian authorities for wells in the Norwegian Sea and the North Sea.
UK oil & gas trade body changing name to reflect drive towards net-zero future
Oil & Gas UK (OGUK) is expanding to include the low-carbon offshore energy technologies like offshore wind, hydrogen, and CCS.
Odfjell Drilling mulls splitting into two groups to think beyond core services
Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.