Fossil Energy
Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says
An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.
Maersk rig booked for new job in Dutch North Sea
Maersk Drilling has been awarded a contract with ONE-Dyas, which will employ a jack-up rig to drill exploration wells in the Dutch North Sea.
Several players team up to usher in new era of low carbon workforce in Scotland
In a move designed to support and build Scotland’s low carbon workforce, OPITO joined forces with the Acorn Project and Scottish Cluster to create a plan for industrial skilling and reskilling training.
Well-Safe’s new director to play key role in expansion
Well-Safe Solutions has appointed a new director for strategy and business development, expected to secure more work for the firm’s decommissioning rigs and play a crucial role in further business expansion.
North Sea workers vote for all-out strike in push against job & pay cuts
Following a dispute over cuts, Unite has revealed plans to take industrial action, after workers cast their votes to undertake strike action.
Awilco pursuing recycling options for stacked rig
Offshore drilling contractor Awilco Drilling has now decided to scrap one of its rigs, which has been stacked for years.
Accommodation jack-up all set up on Tyra field
Jacktel’s accommodation jack-up Haven has now started operations for TotalEnergies at the Tyra field offshore Denmark.
Solstad hands over another vessel to undisclosed buyer
Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.
COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels
After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.
Survey provider wanted for Netherlands-UK gas pipeline
Dutch gas infrastructure company Nederlandse Gasunie is calling interested parties to apply for a tender seeking survey services for the subsea gas pipeline between the Netherlands and the United Kingdom.
Saipem to get over $600 million from two fresh deals
Saipem has been awarded two new offshore contracts for transportation and installation activities for a total amount of over $600 million.
Coral-Sul FLNG vessel ready to serve Mozambique
Italian oil and gas company Eni held the naming and sail away ceremony of the Coral-Sul FLNG at Samsung Heavy Industries shipyard in Geoje, South Korea. With a capacity of 3.4 million tonnes of LNG annually, the FLNG vessel will be located in the Rovuma basin offshore Mozambique. It marks the first
Shell to ditch dual share structure and Royal designation to speed up transition
Royal Dutch Shell will simplify its share structure and remove the Royal designation from its name to speed up its transition.
EnerMech inks long-term contract with TAQA for North Sea services
EnerMech has secured a five-year contract with TAQA to support its UK Continental Shelf (UKCS) portfolio in the North Sea.