Fossil Energy
IOG spuds North Sea well after overcoming technical issues
IOG plc has finally started drilling the first Southwark development well following a two-month hiatus due to rig issues.
In focus: Working together towards a sustainable future
The energy transition process is moving ahead with each passing day as witnessed in a week behind us with a lot of announcements highlighting the net-zero future. A good example of the will to change comes from CNOOC Petroleum Europe and Flotation Energy, currently involved in a project which would
Equinor cleared to use Odfjell rig for North Sea well
Equinor has received consent from the Norwegian regulator to use the Deepsea Stavanger rig for exploration drilling in the North Sea.
Russia’s oil output to rise by 5 per cent in 2022
Russia’s the oil output expected to rise by 5 per cent next year and reach its pre-pandemic level by May 2022.
Harbour Energy finds ‘marginal’ hydrocarbon accumulations in North Sea well
Harbour has completed the drilling of the Dunnottar exploration well in the UK North Sea, encountering marginal hydrocarbon accumulations.
Standard Drilling sells vessel for $10.3 million
Offshore vessel operator S.D. Standard Drilling has sold one of its large-sized platform supply vessels (PSVs) for $10.3 million.
Gas filling of second Nord Stream 2 string all done
The gas-in procedure for the second string of the Nord Stream 2 pipeline has been completed, according to a project update from 29 December. The string is filled with circa 177 million m3 of so-called technical gas, reaching a pressure of 103 bar in the pipeline, said to be as planned and in line wi
IOG frustrated over another delay in spudding North Sea well
IOG is frustrated over further delay in spudding the first development well on the Southwark field in the UK North Sea.
Offshore regulator finds maintenance management issues on KCA Deutag rig
Offshore regulator has issued an order to KCA Deutag following the discovery of five nonconformities during an audit of the Askepott rig.
Rockhopper in high hopes after Italy’s arbitration objections get rejected again
Rockhopper Exploration remains hopeful about the resolution of its arbitration against Italy over the Ombrina Mare field in the Adriatic Sea.
Borr gets closer to refinancing following successful equity offering of $30 million
Borr Drilling has completed an equity offering of $30 million, which has brought it closer to implementing its refinancing strategy.
Aker BP secures drilling permit for North Sea well trio
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for three wells in the North Sea offshore Norway.
Boosting production from ageing wells and oil & gas discoveries to propel growth in well intervention market
Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.
Offshore watchdog spots 18 irregularities on Transocean rig
The Petroleum Safety Authority has issued an order to Transocean after discovering a total of eighteen irregularities on one of its rigs.