Fossil Energy

Wood gets 5-year job on TAQA’s North Sea assets
Wood will build upon its 12-year relationship with TAQA following the award of a new contract across the company’s North Sea assets.

BP to reach $35bn net debt target early
BP expects to reach its $35 billion net debt target in 1Q 2021, one year ahead of schedule, as a result of earlier delivery of disposal proceeds.

HydraWell tech chosen for Kinsale decommissioning
Well integrity specialist HydraWell has been awarded a multi-year contract with PSE Kinsale Energy to support a major decommissioning project in Ireland.

Well-Safe preparing for rig acceptance audits
Well-Safe Solutions has completed the intake of its new asset, the Well-Safe Protector, and is now preparing for rig acceptance audits in the coming weeks.

Equinor halts Mariner flights as helicopter gets stuck
Crew changes on the Equinor-operated Mariner platform located off the UK have been suspended after a helicopter got stuck on the platform.

Flare for Energean Power FPSO lifted into place
The flare for the Energean Power floating production, storage, and offloading (FPSO) vessel has been lifted into place at Sembcorp Marine’s Admiralty Yard in Singapore.

DeepOcean charters Volstad’s Volantis vessel
Norwegian vessel owner and operator Volstad Maritime has extended a charter contract with subsea services provider DeepOcean for the Volantis vessel.

Romgaz places bid to buy ExxonMobil subsidiary in Romania
Romanian oil and gas company Romgaz has filed a takeover offer for ExxonMobil’s subsidiary in Romania which holds a share in a Black Sea offshore block.

THREE60 wins 5-year deal with OMV in Norway
Energy services company THREE60 Energy has been awarded a new framework agreement with Austria’s oil and gas company OMV for operations in Norway.

Premier Oil and Chrysaor formally become Harbour Energy
The completion of the all-share merger of Chrysaor and Premier Oil has formally been completed and the company, named Harbour Energy, will be admitted to trading on the London Stock Exchange from 1 April 2021.

Russia’s Lukoil gives up on FAR takeover plans
Russia’s Lukoil will not be proceeding with its previous plans to take over Australia’s FAR Limited and enter the Sangomar project located offshore Senegal.

ION set for second phase of North Sea survey
ION has finalised plans to launch the second phase of its North Sea 3D multi-client program, selecting Shearwater GeoServices again to acquire the survey data.

Parkmead agrees ‘in principle’ to become Platypus operator
Independent oil and gas Parkmead has agreed ‘in principle’ to take over operatorship of the Platypus project in the North Sea from Dana Petroleum.

Giant Pioneering Spirit vessel gets second lift system
Allseas has equipped its Pioneering Spirit vessel with a second lift system capable of removing and installing complete jackets in one go.