Fossil Energy
Axess to continue providing periodic surveys for Odfjell rigs
Axess Group and rig owner Odfjell Drilling have signed an extension of a frame agreement held between the companies since 2016.
Saipem forms energy transition services joint venture
Italian oilfield services provider Saipem and consulting and advisory services provider Hyperion Systems Engineering have joined forces to create a new company specialised to support clients in the energy transition.
Robots could save billions in drilling costs but risk oil & gas jobs, Rystad says
Robots could replace hundreds of thousands of oil and gas jobs and save billions in drilling costs by 2030, according to a report by Rystad Energy.
Aker BP obtains safety consents for vessel operations in Norway
Norwegian oil and gas company Aker BP has received two consents from the country’s offshore safety regulator, the Petroleum Safety Authority.
Vår Energi secures permits for four North Sea wells
The Norwegian Petroleum Directorate has granted Vår Energi a drilling permit for four wells located in the North Sea offshore Norway.
Fugro agrees $16M Seabed Geosolutions sale
Dutch survey contractor Fugro has reached a binding agreement with PXGEO Seismic Services to sell certain assets and the related business of its non-core subsidiary Seabed Geosolutions for $16 million in cash.
Floatel gets Martin Linge extension
Floatel International has been awarded a contract extension for one of its units from Equinor for operations on the Martin Linge field offshore Norway.
PGS secures 3D survey work offshore Egypt
Norwegian seismic player PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt.
Neptune amends volume estimate for Dugong discovery
Neptune Energy has reduced its volume estimate for the Dugong discovery, located in the North Sea, following an appraisal well drilling.
Shell proposes to link directors’ pay to climate performance
Energy major Shell has proposed linking its directors’ pay more closely to the group’s climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes.
Oceanteam to sell Southern Ocean vessel. Plans merger with PASSER
Oceanteam has entered into a memorandum of agreement for the sale of the CSV Southern Ocean, announcing also a potential merger with PASSER Group to target high-growth offshore renewable energy market.
KRG Engineering to diversify into renewables, expand oil and gas presence
KRG Engineering (KRG), a turnkey precision engineering specialist, has announced plans to expand its presence in the oil and gas sector, while diversifying into renewables as well.
Shell to drill Pensacola well next year
Deltic Energy and Shell have made a positive well investment decision to drill the high impact Pensacola Prospect in the UK Southern North Sea.
AGR’s consultancy specialists to support OMV
Norwegian energy services company AGR has been awarded a contract to deliver consultancy specialists to oil and gas company OMV in Norway.