Fossil Energy
Equinor to book $1.8 bln impairment as UK field reserves shrink
Equinor has reduced its recoverable reserves estimate for a field in the UK North Sea, which will result in a $1.8 billion impairment.
Wood in recruitment drive for 200 roles to support growth in Middle East
Wood has marked a year of strategic growth in the Middle East region after accumulating $580 million of secured backlog in 2021.
Aker BP cleared to drill pilot well in North Sea
Norwegian offshore regulator has granted Aker BP consent for exploration drilling in the North Sea, using the Deepsea Nordkapp rig.
Driven by gas and LNG, global oil & gas investments set to rise in 2022, Rystad says
Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.
CNOOC plans to boost output over next three years while fostering energy transition initiatives
CNOOC’s 2022 Business Strategy and Development Plan seeks to increase profit and oil & gas production while advocating green initiatives.
Top energy transition trends to watch in 2022, as seen by Westwood
Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.
Heerema coming back to decommission North Sea platforms it installed in the ’90s
Heerema Marine Contractors has been awarded a decommissioning contract by DNO for the decommissioning of two UK platforms.
Important milestone for Tyra as topsides sail away from Singapore
Sembcorp Marine has built and delivered three wellhead and riser topsides for TotalEnergies’ Tyra project in the Danish North Sea.
IOG working to remediate challenging seabed conditions threatening rig stability
IOG plc has experienced challenges with seabed conditions while drilling the first Southwark development well in the UK North Sea.
Wood teams up with software firm for technical and digital services
Wood has joined forces with FutureOn to provide an integrated technical and digital service to operators to tackle main net-zero challenges.
In focus: 2022 begins with renewables
After the holidays and well-deserved break, the energy transition community returns to its activities dedicated to making the world a less polluted and more healthy home.
Delayed Johan Castberg FPSO almost ready for journey to Norway
Equinor’s FPSO vessel for the Johan Castberg project, located in the Barents Sea, has left the dock at a shipyard in Singapore.
Serica to continue with Odfjell services on UK platform
Odfjell Drilling has received a contract extension from Serica Energy for operations on the Bruce platform off the UK.
After 2021 rebound, FPSO market to continue going strong in 2022, Rystad says
The market for FPSO units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, Rystad Energy says.