Fossil Energy

Frontier exploration drilling in 2021 fell to the lowest level ever recorded by Westwood
Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.

TotalEnergies brings in Maersk rig for North Sea job
Danish offshore drilling contractor Maersk Drilling has been awarded a contract with TotalEnergies in the Danish North Sea.

Norwegian player giving new life to oil & gas vessel with conversion for offshore wind
Norside bought a platform supply vessel used in the oil and gas industry for the purpose of converting it for offshore wind ops.

PGS hired for Northern Lights
Petroleum Geo-Services (PGS) has secured a contract with Equinor to carry out seismic acquisition in support of the Northern Lights carbon capture and storage project. The acquisition is scheduled to start in the second quarter of the year and will have a duration of approximately one month. Equinor

UK union slams ‘draconian’ jab or job policy by North Sea operator
Oil and gas workers’ union has called the introduction of mandatory vaccination policy by a North Sea operator “draconian.”

Transocean goes beyond core business after getting carbon capture and storage gig
Transocean will drill one carbon injection well and a sidetrack in support of the Northern Lights Carbon Capture Storage Project.

Subsea tie-back leader facing inflation-driven cost increase of $6.5 billion
Norway, the global subsea tie-back leader, is set for an inflation-driven cost increase of $6.5 billion on upcoming contract awards for goods and services in the offshore oil and gas industry through 2026, according to Rystad Energy’s latest report. During the five-year period, about 275 subsea tree

Norway offers offshore licences to 28 oil & gas firms amid ‘great interest’
The Norwegian Ministry of Petroleum and Energy has offered 53 licences on the Norwegian continental shelf in APA 2021 to 28 companies.

Equinor resumes working with CGG for PRM imaging
CGG has secured a three-year contract extension to continue operating a dedicated 4D permanent reservoir monitoring (PRM) imaging center at Equinor’s Stavanger offices in Norway. Equinor’s asset teams analyze the 4D seismic images delivered by CGG within days of acquisition in order to optimize prod

PGS wins seismic acquisition contract for UK CO2 capture and storage project
British oil and gas major BP has contracted Norway’s Petroleum Geo-Services (PGS) to deliver a carbon capture and storage (CCS) 3D seismic acquisition scope over the Endurance reservoir offshore the UK. Seismic acquisition is scheduled to start during April at the site located about 145 kilometers o

Offshore watchdog earmarks funds for better incident follow-up in oil & gas
Norwegian regulator will invest $1.9 million annually in a drive to advance the follow-up of serious incidents in the oil & gas sector.

Aker BP boosts Maersk Drilling’s backlog with $29 million
Offshore rig owner Maersk Drilling and oil company Aker BP have agreed to a rig swap for an extended scope of work offshore Norway.

Wintershall Dea in energy transition with hydrogen and CCS
German oil and gas company Wintershall Dea says it is driving gas industry transformation with hydrogen and carbon capture and storage (CCS) to achieve the climate targets in Europe.

Two Norwegian players share helicopters in North Sea to cut costs and emissions
Oil and gas company Vår Energi and Equinor have recently started a five-year helicopter-sharing agreement in the North Sea.