Fossil Energy

Vantage to manage another rig for Aquadrill
Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.

Offshore rig market improvement in 2021 driven by high EPC spend – Westwood
The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.

Neptune’s output from North Sea hub swells thanks to tie-backs
Oil and gas company Neptune Energy has increased production from its operated Gjøa platform in the Norwegian North Sea.

Vår Energi puts collaboration in the spotlight for upcoming subsea contract award
Norwegian oil and gas company Vår Energi has developed a new collaboration model for suppliers of subsea equipment ahead of a new fabrication and installation contract for its entire operated portfolio. The ongoing tender for the new contract facilitates for suppliers to deliver joint solutions in a

Equinor gets the go-ahead for drilling ops in Barents Sea
Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.

IOG awaits survey data for clarity on next steps for delayed North Sea well
IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.

SBM Offshore sells stake in Brazil-bound FPSO to Japanese duo
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.

Petrofac to go on as NEO Energy’s well operator for another five years
Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy.

Well-Safe selects helicopter operator for North Sea ops
Offshore Helicopter Services UK Limited has secured a new contract with Well-Safe Solutions for operations off the UK.

Stamp of approval for Equinor to use Floatel’s unit in North Sea
Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile accommodation facility at a North Sea field off Norway.

The time has come for Heerema to remove four North Sea platforms
Petrogas E&P Netherlands has awarded Heerema Marine Contractors an integrated decommissioning contract for multiple North Sea oil platforms.

Shell ditches Royal Dutch from its name
Shell has officially changed its name to Shell plc, after deciding to simplify its share structure and remove the Royal designation.

Vår Energi launching Oslo IPO to maximise growth
Vår Energi is launching a process for an IPO and listing of shares on Oslo Børs in a bid to optimise value creation, seeking future growth.

BW Offshore gets rid of FPSO to transition to floating energy investments
BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments.