Fossil Energy
Standard Drilling disposes of vessel to diversify energy investments
Standard Drilling has agreed to sell one of its large-sized PSVs for $10.3 million to increase its capital to pursue diversified investments within the energy sector.
Deltic Energy wraps up North Sea 3D seismic survey
Deltic Energy has completed the 3D seismic survey over its Licence P2428 (Cupertino Area) and surrounding areas in the Southern North Sea.
Repsol shuts in Yme field only weeks after start-up
Spain’s Repsol has been forced to halt production from its Yme field less than a month after the oil production started.
Borr rig spuds Dutch North Sea well for Kistos
Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
Jersey adds new board members with expertise to complete North Sea project farm-out
Jersey has appointed new members to its board, which are expected to possess the expertise required to complete the farm-out process for the GBA development project in the North Sea.
Neptune preparing for busy year ahead with more wells added to Odfjell rig
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai rig to include additional wells in the North Sea next year.
Offshore watchdog looking into structural safety issues on Maersk rig
The Petroleum Safety Authority has discovered a total of four irregularities and improvement points during an audit of the Maersk Drilling-owned Maersk Reacher jack-up rig.
In focus: Post-COP26, offshore energy sector using every lever to support creation of net-zero future
As the dust is settling in the aftermath of COP26, new developments in the offshore energy sector are laying the grounds for the net-zero future.
Norway’s October oil output rises above predictions
Norway’s oil production in October 2021 exceeded the NPD’s predictions by 2.8 per cent, while the gas output also experienced a boost compared to September.
Ithaca Energy hires Solstad vessel for North Sea ops
Norwegian offshore vessel owner Solstad Offshore has inked a contract for one of its vessels with Ithaca Energy for operations in the North Sea.
TechnipFMC and Petronas team up in pursuit to cut emissions
TechnipFMC and Petronas entered into an agreement to commercialise a natural gas processing membrane that reduces greenhouse gas emissions.
Turkey now boasts a fleet of four rigs as ex-Vantage drillship finally finds home
Turkey’s oil and gas giant TPAO has added another deepwater drillship to its fleet of drilling rigs, which are working in the Black Sea.
Fresh deal with Dana to create new jobs at PD&MS in Aberdeen
PD&MS Group has secured a modifications contract with Dana Petroleum, which is expected to create up to 80 jobs at its Aberdeen base.
Sturgeon comes out against Cambo oil project as Scotland mulls joining alliance to end oil & gas use
Scotland’s First Minister, Nicola Sturgeon, has expressed her belief that the Cambo oil project off Shetland should not get the green light.