Fossil Energy

Equinor makes oil discovery near existing infrastructure in North Sea
Norwegian oil and gas company Equinor has made a new oil discovery located near the Fram field in the North Sea offshore Norway.

PSA greenlights disposal of Oselvar subsea facilities
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has given DNO Norge consent for the disposal of subsea facilities on the Oselvar field. According to the formal disposal resolution, decommissioning is expected to be completed by the end of the year. The Petroleum Act require

Aibel pursuing long-term goals with new management roles
Aibel has made management changes at its yard in Haugesund in pursuit of its end goal to become a leading supplier for the energy sector.

Offshore watchdog checks up on Equinor’s preparations for plug & abandonment ops in North Sea
Offshore regulator has found no irregularities following an audit pertaining to the permanent plugging of wells at Equinor’s North Sea field.

Busy year ahead for EnerMech as new deals spur headcount increase
EnerMech has kick-started 2022 expecting to have a busy year ahead with deals worth over $675.5 million secured through new awards in 2021.

Neptune Energy’s new digital twins to support Dutch carbon capture and storage project
Oil and gas company Neptune Energy has developed new “digital twins” of two platforms in the Dutch North Sea.

Amazon Warrior leaves South Africa as Shell halts controversial survey
Oil major Shell has decided to terminate the current contract for the survey vessel Amazon Warrior after it had to halt its seismic survey activities along South Africa’s Wild Coast following a court decision. According to the latest AIS data, Amazon Warrior has left South Africa and is currently on

Valaris finds more work for its rigs
Valaris has been awarded several new contracts for its rigs for operations in the Gulf of Mexico, Australia, and the UK North Sea.

Aker BP getting ready for North Sea well
Norwegian offshore petroleum safety regulator has granted Aker BP consent for exploration drilling in the North Sea.

Ex-Valaris boss joins private equity firm to help build energy transition portfolio
A former CEO of Valaris is joining SCF Partners, a private equity group based in Houston, Texas and offices in Calgary, Singapore, and Aberdeen.

Norwegian player expands North Sea footprint after closing Aker BP and Repsol deals
Lime Petroleum has increased its North Sea footprint by completing the deals signed with Aker BP and Repsol earlier in 2021.

Equinor kicks off drilling operations in Norwegian Sea
Norwegian oil and gas player Equinor has started drilling an exploration well in the Norwegian Sea, using a semi-submersible rig.

Azerbaijan’s oil output drops down considerably from 2020 figures
Azerbaijan’s Ministry of Energy has revealed that the country’s oil production decreased by 16.5 thousand tons compared to the 2020 figures.

Happy New Year from Offshore Energy team
Happy New Year from Offshore Energy team