Fossil Energy

James Fisher expands decommissioning capability with new acquisition
James Fisher and Sons has acquired engineering solutions and consultancy firm Subsea Engenuity, extending its current decommissioning capability under James Fisher Offshore (JFO). James Fisher stated that the addition of this innovative technology enhances JFO’s capability by enabling full subsea de

EnQuest inks new $750 million debt facility to finance Golden Eagle deal
EnQuest has signed a new senior secured borrowing base debt facility to enable refinancing and the acquisition of Golden Eagle.

Standard Drilling sheds platform supply vessel
Cyprus-based offshore vessel operator S.D Standard Drilling has entered into a memorandum of agreement (MOA) to sell one of its platform supply vessels.

Big money forcing Big Oil into climate change revolution
With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action.

Giant vessel removes Morecambe Bay topsides in less than 90 minutes
Giant heavy lift vessel Pioneering Spirit has executed the single-lift removal of the DP3 gas production topsides from Morecambe Bay.

Serica preparing to bring third Rhum well online
Serica Energy has completed a flow test on the Rhum R3 well in the UK North Sea with plans to start production in the third quarter of 2021.

Neptune to reduce need for offshore trips with virtual reality tech
Neptune Energy has completed a virtual reality pilot on its Gjøa platform, enabling teams to make highly realistic virtual visits.

Longboat raises funds for seven wells, reveals farm-in details
Longboat Energy has raised funds for a seven-well drilling programme and revealed the details about its farm-in agreements.

Disappointing results for Equinor in North Sea well duo
Norway’s oil and gas company Equinor has drilled dry wells near the Fram field in the North Sea off Norway.

Harbour Energy hires platform supply duo from Solstad
Norwegian vessel owner Solstad Offshore has signed long-term contracts with Harbour Energy for two large platform supply vessels.

Shell to boldly go and speed up emission cuts as Dutch court ruling bites
Shell has pledged to take some bold but measured steps to accelerate the reduction of carbon emissions after a recent ruling by a Dutch court.

Orcadian Energy seeking admission to London Stock Exchange
The North Sea-focused oil and gas development firm Orcadian Energy is intending to seek admission of its shares to trading on the AIM market of the London Stock Exchange.

Norway calls for exploration bids in mature areas
Norway and its Ministry of Petroleum and Energy has announced this year’s licensing round for the geologically best-known parts of the NCS

Yinson to do pre-FEED work on TotalEnergies’ FPSOs in Angola, Suriname
French oil major TotalEnergies has chosen Malaysian FPSO provider Yinson for preliminary front-end engineering design (pre-FEED) for two FPSO projects to be installed in Block 20/21 in Angola and Block 58 in Suriname.