Fossil Energy

OMV taps NorSea for supply base services in Norway
NorSea will provide supply base services to OMV’s operations in the North Sea, the Norwegian Sea, and the Barents Sea.

ChampionX to supply non-toxic corrosion inhibitor to North Sea operator duo
Texas-based oilfield tech company ChampionX has secured two contracts to deliver ‘non-toxic’ anti-corrosion chemicals to two major North Sea operators.

How NEO Energy’s growth surge is turning it into one of top five North Sea players
UK-based and North Sea-focused E&P company NEO Energy is poised to become one of the top five players in the UK North Sea.

Archer wins 5-year wireline services deal with ConocoPhillips
Offshore services provider Archer Limited has secured a long-term frame agreement with oil firm ConocoPhillips for the provision of wireline services on the Norwegian Continental Shelf.

Vantage Drilling picks ICM Group for offshore training
Consulting services firm ICM Group has been awarded a global preferred agreement for Vantage Drilling’s onboard regulatory and crane training requirements.

Ithaca sanctions next stage of North Sea project to boost recovery
Ithaca Energy has sanctioned the Captain Enhanced Oil Recovery Stage 2 project in the UK Central North Sea.

Carbon Collectors gets green light for its CO2 barge-push tug design
A CO2 transport and storage barge-push tug combination, developed as part of the Carbon Collectors initiative, has won approval in principle from Bureau Veritas. The concept was developed by Dutch shipyard Royal Niestern Sander, the shipping company Royal Wagenborg, and Imodco, part of the SBM Offsh

Petrofac extends $700 million loan
Oilfield services provider Petrofac has extended $700 million of its banking facilities at its request with the unanimous support of lenders.

Norwegian oil fund partners with Ørsted on Borssele 1&2 offshore wind farm
Ørsted has signed an agreement with Norges Bank Investment Management (NBIM) to divest a 50% ownership share in its Borssele 1 & 2 offshore wind farm in the Netherlands. As part of the deal, Ørsted will continue to provide long-term operations and maintenance services from its O&M base at the Port o

Jersey closes purchase of CIECO V&C from Japanese owners
North Sea-focused Jersey Oil & Gas (JOG) has now completed its acquisition of the entire issued share capital of CIECO V&C.

Finder Energy picks up its second UK offshore license
Perth-based oil and exploration company Finder Energy has been awarded a 100 per cent interest in the P2528 Licence in the 32nd UK Offshore Licensing Round.

ABB and Siemens to handle electrical equipment on all Equinor facilities
ABB and Siemens Energy are awarded framework agreements by Equinor for providing the service of electrical equipment on all installations in Norway.

Report: Delek Drilling in talks to sell Tamar stake to Cairn Energy
Israel’s Delek Drilling is in talks to sell its stake in the Tamar offshore natural gas field for up to $1.1 billion, Israeli media outlets reported.

Tailwind acquires Decipher Energy and its North Sea assets
UK-based oil and gas company Tailwind Energy has acquired compatriot Decipher Energy Limited which owns several assets in the UK North Sea.