Fossil Energy
TAQA awards 5-year North Sea deal to Odfjell Drilling
TAQA has awarded Odfjell Drilling a five-year contract for the provision of platform drilling & maintenance services on its North Sea installations.
Oil demand recovery at risk over vaccination hiccups, Rystad says
Vaccination hiccups could prevent the recovery of up to 1 million bpd of oil demand in 2021, Norwegian energy intelligence company Rystad Energy has said.
U.S. warns entities involved in Nord Stream 2 to abandon work
The U.S. State Department reiterated its warning that any entity involved in Russia’s Nord Stream 2 offshore pipeline project risks U.S. sanctions.
Norway: February oil output slightly above NPD predictions
Norwegian oil production in February 2021 was just above predictions made by the Norwegian Petroleum Directorate (NPD).
Kinsale decommissioning preparations in full swing
PSE Kinsale Energy is preparing for the decommissioning campaign of its Kinsale area gas field located in the Celtic Sea off Ireland.
Oil market future uncertain after rebound from Covid-19 shock, IEA says
Based on today’s policy settings, global oil demand is set to rise every year through 2026 but stronger policies and behaviour changes could bring a peak in demand soon, an IEA report says.
Hess offloads Denmark assets to Ineos for $150 million
Hess Corporation has entered into an agreement to sell its subsidiary Hess Denmark to Ineos E&P for a total consideration of $150 million.
Shell and Eni acquitted in Nigeria corruption case
A Milan court has acquitted Shell and Eni in a corruption case related to a $1.3 billion worth acquisition of an oilfield off Nigeria about a decade ago.
DOF finds long-term jobs for platform supply trio
Norwegian offshore vessel owner DOF Group has been awarded new contracts for three of its vessels in support of operations in the UK and Guyana.
Aker Solutions, Heerema to decom Equinor’s Heimdal and Veslefrikk fields
Norwegian oilfield services company Aker Solutions has signed a ‘sizeable’ letter of intent with Heerema Marine Contractors (HMC) for decommissioning work on Equinor’s Heimdal and Veslefrikk fields off Norway.
Ashtead Technology, OAP partner up for Total job in Angola
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum (OAP) has executed its first marine services project in West Africa for Total, securing additional work from the French oil major.
Expro and FTAI Ocean form well intervention vessel alliance
International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean for the supply of the DP3 M/V Pride vessel that will deliver full light well intervention services to the subsea oil and gas sector.
Former EY man becomes finance director at 3t Energy
Training firm 3t Energy Group has appointed a new finance director for its training division to drive global growth plans.
TMC to deliver compressor system to FPSO Anita Garibaldi
Norway-based compressor supplier TMC Compressors has been contracted to supply a marine compressed air system for the Brazil-bound floating, production, storage, and offloading vessel (FPSO) Anita Garibaldi.