Fossil Energy

Tullow Oil chair decides to step down
UK-based non-executive chairperson of oil and gas firm Tullow Oil has decided to step down from the board of the company.

CCB Subsea lands Draugen subsea life extension job
OKEA has awarded CCB Subsea with a five-year agreement for subsea life extension services on the Draugen field offshore Norway. In relation to OKEA’s strategy to maintain production until 2040 on Draugen, the company selected CCB Subsea as the service provider for overhaul and refurbishment of exist

OMV gearing up for North Sea well
The Norwegian Petroleum Directorate (NPD) has granted OMV a drilling permit for a well in the North Sea offshore Norway.

Neptune creates digital twins for North Sea platforms
Neptune Energy has announced the digitisation of five of its operated offshore platforms in the Dutch, Norwegian, and the UK North Sea.

Equinor gets nod to use Floatel unit on Martin Linge
Norway’s PSA has given Equinor consent to use a Floatel International-owned accommodation rig on the Martin Linge field off Norway.

OMV elects new CEO as Seele heads out
Austrian oil and gas company OMV has named a new CEO of the company as its current boss is set to resign from the role.

Largest Sakhalin-2 offshore platform shut down for maintenance
Sakhalin Energy has begun its annual maintenance campaign at PA-B, the largest oil and gas production platform of the Sakhalin-2 project.3

Repairs on Johan Castberg FPSO hull to delay completion by a year
Due to challenges faced in constructing the hull and equipment for the Johan Castberg FPSO, the project is now about a year behind schedule.

UK: New scheme emerges for rapid decarbonisation of oil & gas assets with floating wind and hydrogen
A plan to accelerate the decarbonisation of oil & gas assets through a 200-turbine floating wind and hydrogen development has been revealed.

Equinor bites dust in Barents Sea well
Oil and gas giant Equinor has concluded the drilling of a wildcat well in the Barents Sea, but the well is dry.

New Vår Energi CEO formally takes over
The chief executive officer (CEO) role of oil and gas company Vår Energi has been formally taken over by Torger Rød, following the announcement of his appointment at the start of 2021.

OKEA to develop gas discovery as first Draugen tie-back
OKEA, Petoro, and Neptune Energy Norge have made the decision to develop the Hasselmus gas discovery as a subsea tie-back to Draugen.

Three60 Energy fills several senior roles
Energy services group Three60 Energy has made a series of senior appointments, hiring leading people from a who’s who of energy or energy services companies.

Borr upbeat about market amid strong tendering and contracting activity
Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity.