Fossil Energy

Aker Solutions gets FEED job on Equinor’s Wisting FPSO
Aker Solutions has received a Letter of Intent for a FEED contract from Equinor for the FPSO for the Wisting development in the Barents Sea.

Neptune Energy backs initiative to eliminate routine gas flaring by 2030
Oil and gas company Neptune Energy has endorsed the World Bank’s Zero Routine Flaring by 2030.

Bourbon embarks on fleet transformation with 40 crew transport vessels in the works
Bourbon plans to build 38 more new units after the first two crew boats from its new Bourbon Surfer-200X series completed sea trials.

Shell produces first gas from North Sea field
Oil major Shell has started production from a gas and condensate field located in the UK North Sea, through a tieback to its Shearwater hub.

Valaris to reactivate stacked drillship for Petrobras
Offshore drilling contractor Valaris has been awarded a contract with Petrobras offshore Brazil for a stacked drillship.

Solstad bags contract extension for PSV in Norway
Solstad Offshore has been awarded a contract extension for its platform supply vessel (PSV) Normand Server offshore Norway.

Norway: September oil output tops regulator’s predictions
Norway’s oil production in September 2021 was 1.1 per cent over the NPD’s predictions, while the total volume equalled last year’s figures.

UK unveils landmark strategy to reach net-zero by 2050
The UK government has launched its landmark net-zero strategy, outlining measures to lower its reliance on fossil fuels and transition to a green and sustainable future.

Harland & Wolff’s Arnish facility wins its first contract
Harland & Wolff, owned by InfraStrata, has secured the first contract for its Arnish facility located in the Western Isles, Scotland.

Two UK carbon capture and storage projects selected for state funding
UK has selected two clusters to receive the funding and develop their proposed carbon capture usage and storage projects starting from 2025.

Wave energy firm expands Aberdeen base to meet oil & gas decarbonisation push
UK-based wave energy company Mocean Energy has opened a new dedicated office in Aberdeen to meet growing oil and gas interest in decarbonisation of North Sea assets.

Providence Resources on the lookout for new CEO
Providence Resources has revealed that its chief executive officer (CEO) has resigned, thus, the board is looking for his replacement.

Peterson COO to retire from the role
International energy logistics provider Peterson has confirmed that its Chief Operating Officer will retire as planned at the end of 2021.

No more rigs in Northern Drilling’s fleet after second drillship gets cancelled
John Frederiksen’s Northern Drilling has now cancelled resale contracts for both of its newbuild drillships with South Korea’s DSME.