Fossil Energy
EnQuest enters $42 million deal to buy Bentley field from Whalsay
UK oil and gas company EnQuest has signed a share purchase agreement with Whalsay Energy to purchase their 100 per cent equity interest in the P.1078 licence containing the proven Bentley heavy-oil discovery.
Archer signs offer to buy DeepWell from Moreld
Offshore services provider Archer Limited has signed an offer letter with Moreld laying out principle terms to purchase 100 per cent of the shares in DeepWell AS.
HSM completes Blythe and Southwark platforms for IOG
UK-based Independent Oil and Gas (IOG) has signed off the Blythe and Southwark platforms as mechanically complete earlier this month.
In focus: Energy and shipping sectors in symbiosis for net-zero
Offshore Energy continues with its new In focus weekly feature, spotlighting the latest energy transition developments, after our first edition went online on 16 April. Following last week’s news on the U.S. oil giant Chevron’s entrance into the offshore wind market and note that the company has not
BW Offshore to demolish laid-up FPSO despite previous re-use plans
BW Offshore has decided to recycle its laid-up FPSO Berge Helene despite previous plans to use it on a project development located in Brazil.
Equinor’s Troll West electrification to cut CO2 emissions by almost half a million tonnes per year
Equinor and partners have decided in favour of Troll West electrification and are submitting the plan for development and operation.
Equinor and partners to invest $384 million in Barents Sea project
Equinor and its partners Petoro, Total, Neptune, and Wintershall Dea have decided to develop the Askeladd Vest project off Norway.
OMV Petrom to operate Black Sea block if Romgaz takes over Exxon’s share
In case Romgaz finalizes the takeover of the Neptun Deep project from ExxonMobil, Romania’s OMV Petrom will become the operator.
Reach Subsea wins BP call-off for Trinidad and Tobago services
Norwegian contractor Reach Subsea has been awarded a call-off contract under the frame agreement with BP for the support services offshore Trinidad and Tobago.
Neptune begins final drilling campaign at Duva field
Neptune Energy has started drilling operations on four production wells on the Duva field in the Norwegian sector of the North Sea.
Equinor charters Havila platform supplier
Havila Shipping has been awarded a contract from compatriot oil giant Equinor for one of its platform supply vessels (PSVs).
Ireland: Barryroe farm-out terminated over funding issues
Oil and gas company Providence Resources has terminated its farm-out agreement with SpotOn Energy for the Barryroe project off Ireland.
Rystad downgrades peak oil demand to 101.6 million bpd in 2026
Rystad Energy has downgraded its peak oil demand forecast to 101.6 million bpd in 2026 as a result of electrification in transport.
Fugro rolls in Jumbo’s positioning contract for Mero 1 offshore Brazil
Dutch survey contractor Fugro has secured positioning and construction support services job for offshore installation contractor Jumbo Maritime on the Mero 1 deepwater field development offshore Brazil.