Fossil Energy
PGS begins data rejuvenation project offshore Cyprus
Petroleum Geo-Services (PGS) has commenced the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce and Industry. The 14,750 square kilometer PSDM re-processing endeavor will deliver a single data volume over several highly prospect
Equinor set to drill Norwegian Sea wildcat
Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Norwegian Sea, offshore Norway.
Green light for Archer to close DeepWell takeover
Oilfield services provider Archer has received approval from a competition regulator in Norway for the acquisition of DeepWell.
In focus: Renewables making headway as Shell ruling sounds alarm on energy transition urgency
A historic ruling has shaken the energy market this week after a Dutch court ordered oil major Shell to reduce its carbon emissions by 45 per cent by 2030 compared with 2019 levels. The decision was delivered in connection with a climate change case filed against Shell in 2019 by Dutch environmental
Fate of two delayed ex-Seadrill drillships still uncertain but owner sees improvement in deepwater market
Northern Drilling has no rigs in operation but it does have two new 7th generation ultra-deepwater drillships whose fate is still uncertain.
Total positions for energy transition and becomes TotalEnergies
French energy major Total has moved forward with its transformation plans into a broad energy company and changed its name.
Equinor and Aker BP get drilling permits for Norwegian wells
The Norwegian Petroleum Directorate has granted Aker BP and Equinor drilling permits for their wells in the Barents Sea and the Norwegian Sea.
Magseis Fairfield marks 100th OBN survey milestone with carbon neutral debut
Seabed seismic player Magseis Fairfield has completed the acquisition of its 100th Ocean Bottom Node (OBN) survey, having performed the most recent one as the first carbon neutral seismic survey. The OBN survey for BP over various assets in the US Gulf of Mexico was announced in December last year a
TAQA kicks off one of largest decommissioning projects in North Sea
TAQA has started the first major asset removal project and one of the largest topside removal projects of its kind in the North Sea.
BP, Baker Hughes, and Odfjell Drilling in pact to maximise Clair performance
BP, Baker Hughes, and Odfjell Drilling have entered into a tripartite agreement to work together to transform activity at the Clair field.
Maersk Supply orders hybrid battery for AHTS in push to decarbonise fleet
Maersk Supply Service has ordered a battery pack for one of its M-class vessels as part of its target to reduce carbon intensity of its fleet.
Ross Offshore secures survey job with OMV Norge
Ross Offshore has secured a contract with OMV (Norge) to carry out a site survey on the PL 644 Iris/Hades discoveries to the Aasgard C pipeline route in the Norwegian Sea. The Norwegian company will conduct a reconnaissance survey, as well as provide management expertise and a survey spread from Fug
Repsol and Yme partners to buy Maersk Drilling jack-up
Maersk Drilling has made plans to sell one of its jack-up rigs to Havila, which will, in turn, lease and later sell the rig to the Yme field partners.
Italian player to work on one of the largest fields in the world
Italian company has signed a five-year framework agreement with the NCOC for operations on Kashagan, one of the largest fields in the world.