Fossil Energy

Siccar Point reviewing options after Shell abandons Cambo oil project
Siccar Point Energy has confirmed that Shell, its partner in the Cambo development, has taken the decision not to progress its investment.

Hundreds of North Sea workers set to down tools to stop terms & conditions cuts
About 300 oil and gas workers in the UK North Sea are preparing to take strike action amid a dispute over terms and conditions cuts.

OMV books Maersk rig for HPHT well in North Sea
Maersk Drilling has secured a one-well contract with OMV (Norge) for a high-pressure, high-temperature exploration well off Norway.

Vår Energi CEO now member of Norwegian Oil and Gas Association’s board
The CEO of Vår Energi has been appointed as one of the new board members of the Norwegian Oil and Gas Association (NOROG).

Samsung Heavy gets rid of ex-Ocean Rig drillship with hopes to sell three more
South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company.

UK port set for revival with plans to recycle old rigs into foundations for floating wind farms
UK’s Ardersier Port, which was one of the largest oil rig fabrication yards in the world, is now set to be transformed into Europe’s first fully circular energy transition facility.

Vysus to inspect Well-Safe’s rig ahead of upcoming North Sea decom gigs
ModuSpec has been chosen to verify whether the Well-Safe’s rig is fit for purpose to complete the upcoming decom campaigns in the North Sea.

Report reveals decline in UK North Sea well numbers but better success rates
UK petroleum regulator has revealed that the number of exploration and appraisal wells spudded has declined, but success rates have improved.

BP buying JX Nippon’s stakes in North Sea fields
UK oil and gas giant BP has agreed to buy JX Nippon’s interests in the Andrew area located in the UK North Sea.

Lundin adds extra well to Odfjell rig’s backlog
Oil and gas company Lundin has decided to exercise its option for an additional well for an Odfjell Drilling-owned rig.

Maersk rig re-hired for North Sea well
Maersk Drilling and Petrogas have agreed to exercise the previously agreed option to employ a jack-up rig to drill a well in the UK North Sea.

Neptune picks Maersk Supply for UK decommissioning job
Neptune Energy has awarded Maersk Supply Service (MSS) with a decommissioning contract for the removal of subsea infrastructure at the Juliet field in the UK.

Orcadian moving on with development plan for North Sea field as OGA okays concept
Orcadian has received no objection from the OGA for the development concept designed for the Pilot field in the North Sea.

Lundin’s Norwegian branch to get new managing director
Lundin Energy Norway has revealed a new managing director will take over the position next year, as the current one intends to step down.